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Pres. Park Not to Attend APEC Summit Next Week

The Foreign Ministry says President Park Geun-hye will not attend the summit of the Asia-Pacific Economic Cooperation(APEC) set for next week in Lima, Peru.Ministry Spokesman Cho June-hyuck told a regular news briefing on Tuesday that the government al...
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Top Office: Full Authority to be Given to Prime Minister

The presidential office says full authority permitted under existing law will be given to Prime Minister nominee Kim Byong-joon.A Cheong Wa Dae official told reporters on Monday that if President Park Geun-hye meets with rival party chiefs, she will as...
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KOSPI, KOSDAQ Close Higher on Thursday

After taking a brutal fall the day before, the benchmark Korea Composite Stock Price Index(KOSPI) on Thursday managed to rise four-point-86 points, or zero-point-25 percent, to close at one-thousand-983-point-eight.The tech-heavy KOSDAQ advanced three-...
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The meeting of Gurbanguly Berdimuhamedov with Vladimir Putin was actively covered in world media

<p>Much attention in news feeds of the leading foreign media, a news of television channels of many countries is paid to negotiations of the leaders of Turkmenistan and the Russian Federation which took place on November 1 in Sochi. In particular, reportings o...
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Arrest Warrant Sought for Choi Soon-sil

Prosecutors have requested an arrest warrant for Choi Soon-sil, who has been under emergency detention since late Monday.Prosecutors charged Choi on Wednesday with abuse of authority and attempted fraud. Choi is suspected of forcing conglomerates to ac...
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Education, Culture Ministers Apologize for Choi Soon-sil Scandal

Deputy Prime Minister and Education Minister Lee Joon-sik and Culture, Sports and Tourism Minister Cho Yoon-sun have apologized for the influence-peddling scandal surrounding President Park Geun-hye's close confidante, Choi Soon-sil. Lee and Cho offere...
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The parties discussed issues of cooperation in the energy sphere with the Qatar company Faysal

In key areas of the Turkmen-Qatari cooperation, named the fuel and energy sector and transport and communications. This was announced at the meeting of President Gurbanguly Berdimuhamedov with a member of the family of the sheikhs of Qatar, the head of...
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Gov’t Announces Measures to Enhance Competitiveness of Local Shipbuilders

Anchor: The government will place orders for at least 250 ships by 2020 at the cost of around eleven trillion won as part of efforts to prop up the country's sagging shipbuilding industry hit hard by slowing global demand. Finance Minister Yoo Il-ho un...
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30 Public Agencies to Spend 1.3Tln Won for R and D Next Year

Thirty public organizations will invest over one-point-three trillion won on research and development next year.The Ministry of Science, ICT and Future Planning recently submitted an R and D investment proposal for public organizations to the National ...
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