President Park Geun-hye will follow due legal procedures if parliament passes an impeachment motion later this week, the presidential office Cheong Wa Dae said Wednesday, apparently dismissing calls for her immediate resignation.
With an announcement some 10 days away, a thick cloud of uncertainty hangs over South Korea's selection of new duty-free shop operators due to a litany of variables, industry sources said Tuesday.
The incoming administration of Donald Trump should not let the issue of defense cost sharing with South Korea hinder more important cooperation on DPRK, a former senior U.S. diplomat and chief negotiator with Pyongyang said Monday.
South Korea's eight major business tycoons appeared before the National Assembly on Tuesday in line with the probe into a corruption and influence-peddling scandal involving President Park Geun-hye and her confidante.
South Korea unveiled a set of its own punitive measures against North Korea on Friday, blacklisting scores of people and entities suspected of supporting the regime's nuclear and ballistic missile programs.
South Korea's three opposition parties agreed to propose the impeachment motion for President Park Geun-hye on Friday, adding the vote will take place on Dec. 9 even if the presidential office announces a plan outlining the chief executive's early resignation.
DPRK's mission to the United Nations rejected the latest U.N. sanctions on the communist nation as "discriminatory" and "unfair," repeating the country's long-running claims that its nuclear program is for self-defense.
The United States' trade policy will inevitably face various changes under the new Donald Trump administration, but unlike what many believe, the U.S. will not be seeking to reduce its trade with other countries, local experts said Wednesday.
Nuclear envoys of South Korea, the United States and Japan are moving to hold talks next month in Seoul to discuss cooperation in dealing with the growing nuclear threat from North Korea, diplomatic sources said Wednesday.
The South Korean government said Wednesday that it will expand a program to help young job seekers find jobs at small and mid-sized enterprises (SMEs) and create assets in a way to tackle the country's high youth unemployment rate.
The presidential office Cheong Wa Dae said Wednesday that President Park Geun-hye will accept whatever decision parliament will make regarding her fate as she stated a day earlier.
Samsung Electronics Co. said Tuesday it has been reviewing the "possibility" of creating a holding company structure to improve the company's corporate structure and enhance its transparency.
President Park Geun-hye on Tuesday called on the National Assembly to determine her fate, saying she will step down in line with a timetable and procedures reached by political parties that can minimize any confusion arising from the unexpected transition of government.
South Korea said Monday it will step up efforts to close systemic loopholes in efforts to combat money laundering.
President Park Geun-hye's attorney on Monday said she will not respond to prosecutors' request for face-to-face questioning on the influence-peddling scandal that has rocked her presidency.
The South Korean government on Monday revealed the pilot editions of the controversial state-authored history textbooks to be introduced next year, igniting academic and ideological debates over the country's history.
DPRK on Monday began a three-day mourning period to pay tribute to former Cuban leader Fidel Castro, Pyongyang's state media said.
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