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South Korea's foreign minister ruled out Friday additional negotiations with the United States over a free trade agreement, a day after presidents of the two countries vowed cooperation to push the stalled deal forward.
South Korea's telecommunications regulator cleared the way Wednesday for the launch of Apple's iPhone, amid reports the hit device could reach consumers by the end of this month.
South Korea's central bank left its key interest rate at a record low for the ninth straight month Thursday, pledging to maintain low borrowing rates to help extend a recovery in Asia's fourth-largest economy.
Asian markets were mostly lower Friday amid investor uncertainty about the global outlook after Wall Street fell on weak energy demand.
South Korea on Friday ratified a free trade deal with India that promises to slash tariffs on goods and services between two of Asia's biggest economies.
Microsoft CEO Steve Ballmer said Monday corporate spending on information technology will not recover to levels seen in recent years before the global economic slowdown.
Samsung Electronics Co. said third-quarter net profit tripled to a record amid higher prices for computer memory chips and increased sales of consumer products from flat screen televisions to mobile phones.
The nonprofit body that oversees Internet addresses approved Friday the use of Hebrew, Hindi, Korean and other scripts not based on Latin characters in a decision that could make the Web dramatically more inclusive.
South Korea's economy grew at its fastest pace in over seven years in the third quarter amid strength in manufacturing and capital spending as Asian countries lead the global recovery.
Kia Motors Corp. said net profit swelled to a record 402 billion won ($339 million) in the third quarter boosted by a weak South Korean won and global efforts to spur demand for vehicles, sending its shares sharply higher.
Hynix Semiconductor Inc. recorded its first quarterly net profit in two years as prices for memory chips rose in a rapidly recovering market.
Toyota is making a push into South Korea — the home market of international rival Hyundai Motor Co. — introducing four models including the Camry and Prius while downplaying the move as a direct challenge to domestic automakers.
General Motors Co. CEO Fritz Henderson said intense discussions were still under way to complete the sale of its German auto unit Opel, though stopped short of guaranteeing an agreement would be signed this week.
Central banks should fight the urge to raise interest rates until the global economy shows stronger signs of recovery and joblessness begins to decline, Nobel Prize-winning economist Paul Krugman said Wednesday.
South Korea's central bank left its key interest rate at a record low Friday for an eighth straight month, largely dousing speculation a hike may come before the end of the year and sending stocks higher.
Samsung Electronics Co. said Tuesday that profit likely surged in the third quarter on higher sales, amid a brightening outlook for the world's largest manufacturer of computer memory chips and flat screen televisions.
U.N. Secretary-General Ban Ki-moon said Monday that climate change is the greatest challenge facing a world beset by crises and called on governments to reach a deal on the environment at a meeting in Denmark later this year.
South Korea and India signed an ambitious free trade agreement Friday that slashes tariffs, encourages investment and promotes exchange of skills in a bid to double fast-growing commerce between two of Asia's biggest economies over the next decade.
Kim Jong Il's smile said it all.
Samsung Electronics Co., the world's biggest maker of computer memory chips, said second-quarter net profit rose 5.2 percent while rival Hynix reported a narrower loss as the chip industry emerges from a deep slump.
South Korea's economy recorded its strongest growth in 5 1/2 years in the second quarter as increased government spending and record low interest rates insulated it from the global recession.
Samsung Electronics Co., the world's biggest manufacturer of memory chips, announced quarterly earnings estimates for the first time Monday, saying it hopes to reduce market confusion and speculation about its performance.
Asia's power is likely to grow in the wake of the global financial crisis and the region has the chance to take a position of leadership in the world economy, business and economic leaders said Thursday.
South Korean President Lee Myung-bak called Sunday for closer business and cultural ties with Southeast Asia to create a common economic community that is a leader in green growth.
North Korea's second underground nuclear test has shown the world that it's only a matter of time before the secretive regime develops the ability to mount an atomic weapon on a missile, analysts say.
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