1 killed in suspected arson attack at Samsung warehouse

A fire tore through a warehouse of Cheil Industries Inc., a key affiliate of Samsung Group, killing one warehouse security officer, police said Monday.The fire started at the seventh floor of the seven-story clothing warehouse at ...

Park renews commitment for economic takeoff and reform

President Park Geun-hye vowed Monday to revitalize South Korea's economy and reform the country as she called for national reconciliation."We face the task of an economic takeoff and an innovation of the country by overcoming diff...

S. Korea firms to pay wages for N. Koreans at joint factory park

South Korean firms in an inter-Korean factory park in North Korea plan to pay wages to their North Korean employees this week, a government official said Monday.The move came days after Pyongyang accepted Seoul's tentative offer o...

First round of hearings wind up in Lone Star case

An international tribunal has wrapped up the first round of hearings in a multi-billion-dollar case the U.S. private equity firm Lone Star filed against South Korea over disputes surrounding its asset sell-offs in Korea.Both sides...