South Korea

UN Secretary-General Ban begins visit to South Korea

Seoul - UN Secretary-General Ban Ki-moon was welcomed Thursday at a Seoul airport by Prime Minister Han Seung Soo on his first visit to his homeland since taking the top post at the international body last year.

"I am so happy and moved to visit my homeland and meet you 18 months after I took office in January of last year," Ban told reporters and officials waiting for him at a military airport just south of Seoul.

Ban is on a five-day visit and will meet with Foreign Minister Yu Myung Hwan, Prime Minister Han and President Lee Myung Bak on the situation on the divided Korean peninsula, north-east Asian regional issues as well as co-operation between South Korea and the United Nations.

South Korea revises growth predictions downwards

Seoul  - Rising oil prices have led South Korea to revise downwards its growth predictions for 2008, the Finance Ministry in Seoul said Wednesday.

South Korea auto workers strike to protest US beef imports

Seoul - Ten of thousands of South Korean auto workers went on a partial strike Wednesday to protest the government's lifting a ban on importing US beef.

Shares fall sharply in Seoul

Seoul - Shares plunged more than two per cent Wednesday on the Seoul stock exchange as concerns over climbing oil prices and their impact on the world economy continue to besiege the market.

South Korean carriers to offer foreign mobile brands

Seoul - In a departure from their dependence on domestic mobile phone brands like Samsung or LG, South Korean mobile carriers are preparing to launch non-Korean brands for smart-phones.

International vendors such as HTC, RIMM, Apple and Nokia will be able to sign up with local carriers to put their international bestsellers in the hands of South Koreans.

SK Telecom launches Tuesday a touch-screen Windows Mobile smart- phone from Taiwanese vendor HTC, while it is also considering launching its next version Touch Diamond smart-phone from HTC later this year.

Survey says South Korean newspaper readership is falling

Seoul - In the face of stiff competition from TV and the internet, South Korean newspaper readership is falling, the Korea Press Foundation (KPF) said Monday.

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