South Korea

GM Korea says it won't shift production to Europe

BUSAN, South Korea - A top General Motors Co official said on Thursday the automaker has no plans to shift production from its factories in South Korea to Europe, where it recently announced a restructuring at its Opel subsidiary.

Sanofi to test cancer-starving compound in China in 2013

HONG KONG - Sanofi-Aventis plans to begin testing a novel compound that is designed to starve liver cancer to death in a phase one human clinical trial in China and possibly South Korea in 2013.

Health, China, 24 May 2012

Aviva adds South Korea, Sri Lanka to Asia exit list: sources

HONG KONG - British insurer Aviva plc is putting its South Korean and Sri Lankan businesses on the auction block, sources with knowledge of the matter said on Thursday, as part of a wider retreat from sub-scale Asian markets in a deal that could fetch around $150 million.

24 May 2012

South Korea economy to pick up but at slower pace: OECD

PARIS - South Korea's economy will gather pace over the coming quarters and the country's central bank will need to raise interest rates to keep inflation within its target, the OECD said in a report on Tuesday.

22 May 2012

Exclusive: South Korea poised to halt Iran oil imports from July: sources

SEOUL - South Korea will effectively become the first of Iran's major Asian customers to halt oil purchases from July 1, when a European Union insurance ban will prevent further imports.

21 May 2012

South Korea may limit exports to Iran on payment concerns: sources

SEOUL - South Korea is considering cutting its exports to Iran - mainly steel, cars and electronics - to reduce the risk of payment defaults as sanctions strangle Iran's earnings from oil exports, two sources with knowledge of the issue said.

World 17 May 2012

Apple readies iPhone with bigger screen: sources

TOKYO - Apple Inc plans to use a larger screen on the next-generation iPhone and has begun to place orders for the new displays from suppliers in South Korea and Japan, people familiar with the situation said on Wednesday.

Tech, Media, Japan, iPad 16 May 2012

No ties or hand-driers as South Korea readies for hot spell

SEOUL - South Korean businessmen, typically clad in uniform dark blue suits, are being urged to dump their jackets and ties as the summer looms in a bid to save electricity amid tight supplies as offices turn up the air conditioning.

Environment, 16 May 2012

East Asian powers agree on trade pact talks

BEIJING - China, Japan and South Korea agreed at a summit on Sunday to launch negotiations for a three-way free trade pact they said could help fend off global economic chills, but the talks are expected to be long and difficult because of decades of rivalry.

World, China, Japan, 13 May 2012

East Asian powers set to push trade pact talks

BEIJING - China, Japan and South Korea will set in motion formal talks for a three-way free trade pact and unveil an accompanying investment treaty at a summit in Beijing on Sunday.

World, China, Japan, 12 May 2012
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U.N. says over 92 killed in Syria, 32 of them children

BEIRUT - The United Nations said on Saturday that more than 92 people were killed in what activists described as an artillery barrage by government forces in the worst violence since the start of a U.N. peace plan to slow the flow of blood in Syria's uprising. | Video

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Greek debt – remember the goats

Greece's creditors have essentially let it off the hook by overwhelmingly agreeing to take a 74 percent loss. So what better time to remember one of the first times Athens got in trouble with paying its debts.