South Korea

Samsung's quarterly profits more than double despite Note 7 debacle

Samsung's profits for the final quarter of 2016 were more than double the same period in the previous year, the South Korean smartphone manufacturer said Tuesday in a stock market filing.

Samsung: Battery design, manufacturing errors behind Note 7 fires

The design and production of the Samsung Galaxy Note 7's batteries caused the mobile phones to catch fire, the South Korean company said Monday.

South Korean media: North Korea ICBM launch could be imminent

North Korea may be planning to launch two intercontinental ballistic missiles (ICBMs) soon, South Korean media reported Thursday citing military sources.

South Korean prosecutors request arrest warrant for Samsung heir

South Korean prosecutors on Monday requested the arrest of Samsung heir Lee Jae Yong on corruption charges linked to the ever-widening scandal surrounding President Park Guen Hye, local media...

S Korea investigation: Charges against Samsung head likely by Sunday

Investigators say they will decide by Sunday whether to seek the arrest of the de facto head of Samsung on corruption charges linked to the ever-widening scandal surrounding South Korean President...

Ban Ki-moon stirs up president rumours upon return to South Korea

After 10 years as general secretary of the United Nations, South Korea's Ban Ki-mooon has returned home, stirring up rumours that he could seek to be the country's next president.

South Korea: North Korea has enough plutonium for 10 nukes

North Korea has enough weapons-grade plutonium to produce 10 nuclear bombs, South Korea's Defence Ministry claimed on Wednesday.

Samsung expects 50-per-cent rise in profit despite smartphone debacle

Samsung Electronics on Friday said it expected its fourth-quarter operating profit to jump by about 50 per cent, despite being forced to withdraw its flagship Galaxy Note 7 smartphone in October...

South Korean president violated "people's basic rights," court hears

South Korean President Park Geun Hye was accused of violating "people's basic rights" on the first day of oral arguments in the leader's impeachment trial on Thursday, local media reported.

South Korea lifts tariffs on egg imports amid bird-flu crisis

South Korea's cabinet on Tuesday decided to lift tariffs on egg imports amid a shortage caused by the worst bird-flu crisis in the country's history, Yonhap news agency reported, citing officials...

BMW, Porsche, Nissan hit with South Korea fines, sales bans

South Korea handed out fines to two German and one Japanese carmaker Monday as it announced bans on a series of 10 import models because of faulty documentation, as part of a probe into vehicle...

Denmark confirms daughter of South Korean president's confidante held

A woman embroiled in South Korea's ongoing political crisis is in police custody, Danish officials confirmed Monday, after she was spotted at an equestrian competition there and picked up on an...

South Korea president says she is victim of "distorted" reporting

South Korea's impeached president, Park Geun Hye, said Sunday she was the victim of "distorted" reporting and false suspicions.

South Korea fines US chipmaker Qualcomm 1 trillion won

South Korea's competition authorities have fined US chipmaker Qualcomm 1 trillion won (850 million dollars) for unfair business practices, they announced Wednesday.

New South Korea party opens door to UN's Ban amid impeachment scandal

Twenty-nine lawmakers left South Korea's ruling Saenuri Party on Tuesday in the wake of the impeachment of President Park Geun Hye, local media reported, with one rebel lawmaker suggesting that...