SEOUL (Yonhap) - Labor union of the nation's public broadcaster MBC said on Friday that they decided to put off a general strike as they reached a compromise with the management over wage and other

SEOUL (Yonhap) - Shin Jae-min, a former presidential secretary who served as vice culture minister, is about to face prosecutors' probe, as a local businessman claiming to offer Shin more than 1 bi

Pyongyang (KCNA) - Talks between Kim Yong Nam, member of the Presidium of the Political Bureau of the Central Committee of the Workers' Party of Korea and president of the Presidium of the DPRK Sup

SEOUL (Yonhap) - In a move that follows that of private universities, national colleges and universities are phasing out the direct election of their presidents.

SEOUL (Yonhap) - Prosecutors applied for an arrest warrant Friday for a former presidential aide accused of receiving bribes from a troubled savings bank that sought his influence to avoid suspensi

SEOUL (Yonhap) - The head of South Korea's Red Cross has offered to resign for unknown reasons, with his term due to expire next month, the organization's officials said Friday.

SEOUL (Yonhap) - Hanjin Shipping Co., South Korea's leading shipping line, said Friday it will raise some 472 billion won (US$405 million) by selling new shares.

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SEOUL (Yonhap) - The education ministry has singled out five uncompetitive state-funded universities in preparation to force them to carry out reforms aimed at improving the quality of their educat

SEOUL (Yonhap) - The education ministry has singled out five uncompetitive state-funded universities in preparation to force them to carry out reforms aimed at improving the quality of their educat