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North Korean leader Kim Jong Un, left, and South Korean President Moon Jae-in embrace each other after signing a joint statement at the border village of Panmunjom in the Demilitarized Zone, South Korea on April 28. (Photo: AP)

North Korea resets its clock, rejoins South Korea's time zone

'The time-resetting is first practical step taken after historic summit meeting for North and South to become one,' said official.

05 May 2018 10:44 AM

Shares in Samsung BioLogics Co Ltd tumbled nearly 20 per cent on Wednesday.

Samsung BioLogics loses USD 6 billion in stocks

Samsung BioLogics reported a 1.9 trillion won (USD 1.77 billion) net profit in 2015.

02 May 2018 12:23 PM

The gathering of South Korean, Japanese and Chinese leaders is the latest move in a diplomatic whirlwind centred around North Korea. (Photo: AFP)

S Korea, Japan, China to hold summit next week

The gathering on May 9 will bring together the South's President Moon Jae-in, Japanese PM Shinzo Abe and Chinese Premier Li Keqiang.

01 May 2018 7:42 PM

Along the border, South Korea started taking down its loudspeakers on Tuesday afternoon, a defence official said. Activity at several spots along the border indicated North Koreans were doing the same, he said. (Photo: AFP)

North, S Korea start to dismantle border speakers fulfilling summit pledge

The moves are the first practical, if small, steps toward reconciliation after Friday's meeting between Moon Jae-in and Kim Jong Un.

01 May 2018 1:35 PM

'President Trump should win the Nobel Peace Prize. What we need is only peace,' Moon told a Cabinet meeting, according to a presidential Blue House official who briefed media. (Photo: AP)

Trump should win Nobel Peace Prize, says South Korea's President

Moon and Kim Jong-un pledged to end hostilities between 2 countries and work towards the complete denuclearisation of the Korean peninsula.

30 Apr 2018 4:04 PM

North Korea's leader Kim Jong Un during the Inter-Korean summit in the Peace House building on the southern side of the truce village of Panmunjom. (Photo: AFP)

North Korea’s Kim Jong Un willing to talk to Japan any time, says Seoul

The Japanese premier had cautiously welcomed inter-Korea summit but urged Pyongyang to take 'concrete action' toward nuclear disarmament.

29 Apr 2018 4:23 PM

Kim made the comment during Friday’s historic summit with South Korean President Moon Jae-in, said the spokesman. (Photo: AP)

Kim Jong Un pledges to shut down N Korea's nuclear test site in May

The North Korean leader also promised to invite US experts and journalists to watch the closure of the country’s nuclear test.

29 Apr 2018 9:11 AM

Hyundai Motor said on Friday it will cancel USD 890 million worth of treasury shares, its first stock cancellation in 14 years.

Hyundai Motor to cancel USD 890 million in shares

The cancellation is an initial win for US hedge fund Elliott Management.

28 Apr 2018 11:41 AM

North Korean leader Kim Jong-un, in a statement, said that the two Koreas are one united people who should work together towards reunification. (Photo: ANI)

North, South Korea to sign peace treaty after 65 yrs, agree on denuclearisation

This is the first time in 11 years that an inter-Korean summit is being held between the two Korean leaders.

27 Apr 2018 7:30 PM

Men in sharp suits and matching blue and white striped ties fanned out ahead of and around Kim (L) as he approached the Military Demarcation Line for a historic handshake with his Southern counterpart Moon Jae-in. (Photo: AFP)

Not even an ant can invade: Defector's memoir on Kim Jong Un's security

North Korea is one of the world's most tightly-controlled societies, but even so security for its leader is iron-clad.

27 Apr 2018 10:24 AM

Kim Jong Un and Moon Jae-in were engaged in a metaphorical and literal diplomatic dance on Friday when they met at the frontier. (Photo: AFP)

'A new history starts now' writes Kim as two Koreas' leaders meet

The two leaders shook hands at the military demarcation line, making Kim the first leader to set foot in the South since the 1950-53 war.

27 Apr 2018 8:37 AM

South Koreans have lived for decades under the threat of war with their hostile and now nuclear-armed neighbour. (Photo: File)

South Koreans sceptical of N Korea's nuclear promises, want proof

Many ordinary people expressed scepticism about the sincerity of the announcement and stressed the need for caution.

21 Apr 2018 5:21 PM

The North's official Korean Central News Agency said the country is making the move to shift its national focus and improve its economy. (Photo: AP)

Ahead of summit with South, US, North Korea suspends nuclear, missile tests

After the announcement on Saturday about testing, Trump tweeted, 'This is very good news for North Korea and the World' and 'big progress!'

21 Apr 2018 9:35 AM

Moon (L) and Kim (R) are due to meet on Friday on the southern side of the DMZ, in what will be only the third inter-Korean summit since the 1950-53 Korean War. (Photo: AP)

North, South Korea open hotline between leaders

The line links the presidential Blue House in Seoul with the Pyongyang office of the nuclear-armed North's State Affairs Commission.

20 Apr 2018 5:16 PM

Dressed in a dusty pink two-piece skirt suit, Ri was accompanied by senior North Korean officials often seen with the leader, including Kim's younger sister, Yo Jong. (Photo: AFP)

Ahead of meeting with Trump, Kim Jong Un's wife becomes N Korea's ‘First Lady’

Analysts say promotion is likely to be part of an effort to paint N Korea as 'normal state' as it prepares for summits with S Korea and US.

19 Apr 2018 1:36 PM

Park, 66, had boycotted most of the trial in protest at being held in custody. She was not present in court for Friday’s judgement which, in a rare move, was broadcast live on television. (Photo: AP)

Ex-South Korean president Park jailed for 24 years over corruption

The sentence followed a trial lasting more than 10 months which ended with Park being found guilty on multiple criminal charges.

06 Apr 2018 4:25 PM

OPEC and some non-OPEC producers including Russia are committed to cutting output by around 1.8 million barrels per day through end of 2018..

Oil drops after US President Trump threatens new China trade tariffs

Brent crude LCOc1 for June delivery was down 32 cents, or 0.5 per cent, at $68.01 per barrel.

06 Apr 2018 10:32 AM

Samsung's first-quarter profit seen at USD 13.7 billion

The world’s largest semiconductor and smartphone maker is expected to forecast a 46 per cent jump in operating profit.

04 Apr 2018 11:29 AM

The United States and South Korea kicked off a low-key joint military drill Sunday as a diplomatic thaw over North Korea gathered pace. (Representational Image)

US, South Korea begin low-key army drills amid diplomatic thaw

Pyongyang has remained relatively quiet on the issue in recent weeks.

01 Apr 2018 3:20 PM

S Korea's fallen also include prominent Guv Ahn Hee-jung, a former presidential contender whose secretary accused him of rape. (Photo: AP)

#MeToo takes off in South Korea, but justice harder to attain

Day by day, the list of S Korean women who speak out is growing, and so is the list of men who have stepped down from positions of power.

22 Mar 2018 1:37 PM

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Sanjaya Baru