Asia Top News and Analysis South Korea

  • *KCGI is No.2 shareholder of parent of Korean Air Lines. SEOUL, Aug 19- South Korea's activist fund KCGI, the second-largest shareholder in the parent company of Korean Air Lines Co Ltd, said it was looking to buy a controlling stake in Asiana Airlines, helping send shares of the carrier up 26%. Korean Air Lines and Asiana Airlines swung to operating losses for the...

  • SEOUL, Aug 16- Top diplomats of South Korea and Japan plan to meet their Chinese counterpart in Beijing next week amid a flare-up in tension over trade and history, Seoul's foreign ministry said on Friday. Foreign ministers Kang Kyung- wha of South Korea, Taro Kono of Japan and Wang Yi of China will meet from Tuesday to Thursday, the ministry said.

  • Visitors are seen at South Korean multinational electronics conglomerate Samsung's booth in Hong Kong, on July 28, 2019.

    Rising competition from Chinese rivals, a shift to more advanced OLED panels and slowing demand for smartphones have led to falling off take and weak prices of LCD panels for South Korean display makers.

  • North Korea test fires a new weapon, in this undated photo released on August 11, 2019 by North Korea's Korean Central News Agency (KCNA).

    It was North Korea's sixth round of weapons launches since late July when it began stepping up its weapons demonstrations.

  • SEOUL, Aug 15- South Korean President Moon Jae- in said on Thursday that Japan should look back upon its imperialist past but Seoul will "gladly join hands" if Tokyo chooses dialog, in a carefully choreographed message amid an escalating history and trade row. In his Liberation Day address marking Korea's independence from Japan's 1910-45 colonial rule, Moon...

  • South Korea's President Moon Jae-in (L) is welcomed by Japan's Prime Minister Shinzo Abe to the G-20 Summit in June 2019.

    South Korean President Moon Jae-in said Seoul will "gladly join hands" if Tokyo chooses dialogue as the two nations deal with an escalating trade row.

  • SEOUL, Aug 15- South Korean President Moon Jae- in said on Thursday that Japan should look back upon its imperialist past but Seoul will "gladly join hands" if Tokyo chooses dialog, as the two nations deal with an escalating trade row. Japan has imposed curbs on exports of some high-tech materials to South Korea. Seoul sees the measure as retaliation over a feud over...

  • SEOUL, Aug 15- South Korea's oil imports from the United States and the United Arab Emirates jumped in July, with Iranian shipments remaining at zero for a third month due to U.S. sanctions, customs data showed on Thursday. In July last year, before the re-imposed sanctions, South Korea imported 788,651 tonnes of crude oil from Iran, or 185,715 barrels per day,...

  • SEOUL, Aug 14- Thousands of South Koreans protested outside Japan's embassy in Seoul on Wednesday and city officials unveiled a new memorial to wartime' comfort women' at the centre of a row over the two countries' shared history. The day of remembrance for women forced to work in Japan's wartime military brothels comes amid renewed tensions over political and...

  • Takeo Akiba, Japan's vice minister for foreign affairs, and Cho Se- young, South Korea's first vice foreign minister, are likely to meet in Guam around Aug. 16-17, Kyodo said, citing unidentified sources. Since then, relations have deteriorated sharply with Japan imposing restrictions on exports to South Korea and removing Seoul from a favored trading nations...

  • *South Korea to put Japan on newly-created restrictive trade list. *South Korea cites inappropriate trade practices by Japan. SEOUL, Aug 12- South Korea said on Monday it plans to drop Japan from its "white list" of countries with fast-track trade status from September, a tit-for-tat move that deepens a diplomatic and trade rift between the two countries.

  • South Korean President Moon Jae-in walks past Japanese Prime Minister Shinzo Abe at the G-20 summit in Osaka, Japan, on June 28, 2019.

    South Korea said on Monday it plans to drop Japan from its "white list" of countries with fast-track trade status from September, a tit-for-tat move that deepens a diplomatic and trade rift between the two countries.

  • A missile is launched during testing at an unidentified location in North Korea, in this undated image provided by KCNA on August 7, 2019.

    North Korea fired what appeared to be two short-range missiles on Saturday, South Korea said, in a "show of force" against U.S.-South Korea joint military exercises.

  • NEW YORK, Aug 9- Oil prices rose more than $1 a barrel on Friday, supported by a drop in European inventories and OPEC output cuts despite the International Energy Agency reporting demand growth at its lowest since the financial crisis of 2008.. Brent crude futures gained $1.15, or 2%, to settle at $58.53 a barrel. West Texas Intermediate crude futures rose $1.96, or...

  • NEW YORK, Aug 9- Oil prices rose more than $1 a barrel on Friday, supported by a drop in European inventories and OPEC output cuts despite the International Energy Agency reporting demand growth at its lowest since the financial crisis of 2008.. Brent crude futures gained $1.15, or 2%, to settle at $58.53 a barrel. West Texas Intermediate crude futures rose $1.96, or...

  • Supply curbs by OPEC and allies help support market. *Concerns over U.S.- China trade war cap gains. LONDON, Aug 9- Oil prices rose on Friday, supported by expectations of more OPEC production cuts despite the International Energy Agency reporting demand growth at its lowest level since the financial crisis of 2008..

  • *Supply curbs by OPEC and allies help support market. *Concerns over U.S.- China trade war cap gains. LONDON, Aug 9- Oil prices inched higher on Friday supported by expectations of more OPEC production cuts despite the International Energy Agency reporting demand growth at its lowest level since the financial crisis of 2008..

  • Customers exit a Uniqlo store, operated by Fast Retailing Co., in Tokyo, Japan.

    A recent boycott on Japanese goods in South Korea has had an impact on casual clothing chain Uniqlo's sales in the country, owner Fast Retailing said on Friday.

  • South Korean protesters at a anti-Japanese demonstration near the Japanese embassy in Seoul.

    South Korean ministers were originally scheduled to decide on the plan at a meeting on Thursday, but they agreed to have further discussions on the matter, one official said.

  • South Korean President Moon Jae-in walks past Japanese Prime Minister Shinzo Abe at the G-20 summit in Osaka, Japan, on June 28, 2019.

    South Korean President Moon Jae-in said Japan imposing tighter export curbs against Seoul will undermine Japan's international credibility for using its industrial advantage as a weapon against another country.