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South Korea unveils $40 bn economic stimulus package

South Korea unveils $40 bn economic stimulus package

Last Updated: Thursday, July 24, 2014, 08:47

The stimulus plan of 41 trillion won ($40 billion) includes 11.7 trillion won in expanded fiscal spending and 29 trillion won in extra financing support.

South Korean police slammed over ferry tycoon`s body

Last Updated: Wednesday, July 23, 2014, 17:04

South Korea`s police force was pilloried as doltish and incompetent Wednesday after announcing that a body found six weeks ago was that of a fugitive tycoon at the heart of a months-long manhunt.

South Korea ferry fugitive hid in cabin wall, suitcases of cash at hand

Last Updated: Wednesday, July 23, 2014, 15:41

South Korea`s most wanted man, whose heavily decomposed body was found in an orchard last month, had evaded arrest by hiding in an upstairs wall of a wooden cabin, with suitcases of cash at hand, prosecutors said on Wednesday.

North Korea urge South to accept jumbo delegation proposal

Last Updated: Wednesday, July 23, 2014, 15:28

North Korea has urged Asian Games hosts South Korea to seize a "golden opportunity" to improve relations between the fractious neighbours and accept their proposal for a party of 700 athletes and officials to take part in the multi-sport event.

Watch: North Korea`s irrepressible Kim Jong Un `dancing` with Obama, walking with Osama

Last Updated: Wednesday, July 23, 2014, 14:13

Can you imagine North Korean leader Kim Jong Un dancing with US President Barack Obama, walking happily hand in hand with Osama bin Laden, doing ballet or riding a pig?

Mahatma`s bust unveiled in South Korean city

Last Updated: Wednesday, July 23, 2014, 13:05

In yet another sign of the growing people-to-people ties between India and South Korea, a bronze bust of Mahatma Gandhi was unveiled in the South Korean city of Busan to mark the inauguration of an Indian Cultural Centre.

South Korea, Japan resume `comfort women` talks

Last Updated: Wednesday, July 23, 2014, 12:02

South Korea and Japan resumed suspended high-level talks in Seoul on Wednesday about the sensitive issue of wartime sex slaves, despite a virtual freeze in diplomatic ties.

One killed in South Korea train collision

Last Updated: Tuesday, July 22, 2014, 17:37

Two passenger trains collided head on Tuesday afternoon in the eastern region of South Korea killing one passenger, media reported.

South Korea ferry businessman`s body found next to book, alcohol bottles

Last Updated: Tuesday, July 22, 2014, 14:47

The body of South Korea`s most wanted man, linked to the sinking of a ferry in April that killed 300 people, was identified more than a month after being found in an orchard, police said on Tuesday, with his book and empty bottles of alcohol nearby.

Kazakh weightlifters eye three gold medals

Last Updated: Tuesday, July 22, 2014, 11:52

Alexey Ni, head coach of the national weightlifting team of Kazakhstan, has said his team aim to win three gold medals at the Asian Games this year in Incheon, South Korea.

Body of fugitive South Korea ferry tycoon `found by police`: Report

Last Updated: Tuesday, July 22, 2014, 06:14

South Korean police believe they have found the body of a fugitive business tycoon wanted after the Sewol ferry sank in April killing hundreds, a report said today.

Seoul plans to flag down Uber taxi app

Last Updated: Monday, July 21, 2014, 13:41

South Korea`s capital Seoul said Monday it planned to ban the smartphone car-hailing service Uber, saying it raised passenger safety issues and threatened the livelihood of licensed taxi drivers.