All eyes are on Washington D.C., where the International Monetary Fund, finance ministers and heads of central banks have been meeting to bring the current financial crisis under control.

The United States and North Korea have made a breakthrough in the communist country's stalled denuclearization process with Washington removing the North from its terrorism blacklist Saturday.

The administration's finalized plan for privatization is simply disappointing. Of the 319 state-owned corporations that have been under review, only 38 will be put on the block.

By Yoo Cheong-mo

SEOUL, Oct. 12 (Yonhap) -- A South Korean lawmaker will become an executive
committee member of the Inter-Parliamentary Union (IPU) as the fourth legislator

(ATTN: RECASTS title, lead; ADDS with new comments, details from para 2)
SEOUL, Oct. 12 (Yonhap) -- North Korea said Sunday that it will cooperate in the

By Yoo Cheong-mo
SEOUL, Oct. 12 (Yonhap) -- President Lee Myung-bak will deliver his first
U.S.-style radio address on Monday, vowing to focus his policy efforts on

By Yoo Cheong-mo
SEOUL, Oct. 12 (Yonhap) -- The office of President Lee Myung-bak said on Sunday

SEOUL, Oct. 12 (Yonhap) -- North Korea on Sunday welcomed a U.S. decision to take
it off a list of terror-sponsoring nations, saying Pyongyang will cooperate in

WASHINGTON, Oct. 11 (Yonhap) -- South Korea's Finance Minister Kang Man-soo
called Saturday for advanced nations to include emerging economies in their