The man behind South Korea’s biggest initial public offering in seven years has charted an unlikely path in a country dominated by family-run conglomerates. A high school dropout born in a textile factory slum, Bang Jun-hyuk has used a hard-charging attitude to grow Netmarble Games Corp. into a gaming giant, winning fans and critics along the way. Its shares debut Friday after an IPO that raised 2.66 trillion won ($2.3 […]
US troops began delivering a missile defence system that has infuriated China to a deployment site in South Korea Wednesday, amid heightened tensions over the North`s nuclear ambitions. Washington is urging Beijing — Pyongyang`s sole major ally — to do more to rein it in, but the Asian giant has reacted with fury to the planned installation of the Terminal High Altitude Area Defense (THAAD) system. The US and ally […]
South Korea’s burgeoning MERS outbreak should be a reminder to the world that a virus some may have written off can trigger significant disease and major disruption, a World Health Organization expert says. The outbreak in that country has now infected 126 people, 11 of whom have died. And it may be a while yet before South Korea’s health officials manage to stop spread of the virus, said Peter Ben […]
A militant Korean nationalist has slashed the face of the US ambassador to South Korea at a breakfast meeting in Seoul, but the envoy narrowly survived serious injury. Mark Lippert, 42, was also cut on his left hand, with blood spattered over the breakfast table. Security officers subdued the attacker, one pinning him down with a shoe on his neck, until he was arrested. North Korea described the attack […]
Fisherman Kim Hyun-ho finds no peace when he lies down at night. The hundreds of dead or missing passengers from the Sewol ferry disaster haunt his sleep. Their screams ring in his head. He has vivid memories of his rush to save them in his modest fishing boat off South Korea’s coast 10 days ago. Kim thinks he may have pulled 25 people from the frigid waters of the Yellow […]
The number of crew members charged is rising, and so is the anger that families feel. But there’s one crew member they are leaving out: Park Jee Young, 22, who by witness accounts helped passengers escape and distributed life jackets — one after the other to students — as the stricken ferry began to sink. When she ran out of jackets, she ran to the next floor to grab more. […]
A South Korean captain, standing in handcuffs before reporters, defended his order to delay the evacuation of his sinking ferry, CNN affiliate YTN reported early Saturday. The news of Lee Joon Seok’s arrest in connection with the sinking that left at least 29 people dead and more than 270 missing came as divers made their way to the third deck inside the wreckage where they found three bodies, according to […]
Two people have died and more than 100 remain unaccounted for after a ferry carrying 476 people capsized and sank off South Korea. So far, 368 people have been rescued, local reports say. A major rescue operation is under way, involving 34 naval, coastguard and civilian ships, and 18 helicopters. The ferry, carrying mainly school students, was travelling from the port of Incheon, in the north-west, to the southern resort […]
In Pic :A photo released by North Korea’s Korean Central News Agency on March 11 shows North Korean leader Kim Jong Eun, center, on Wonae island, about six miles from the South Korean island of Baengnyong. SEOUL—North Korea said on Tuesday it would restart its only nuclear reactor to provide plutonium for its weapons program, an announcement that added to already-heightened tensions on the Korean peninsula and drew swift international […]
South Korean tanks took part in drills northeast of the capital on Wednesday. North Korea has broadcast a barrage of threats and invective as military exercises proceeded in the South. SEOUL—North Korea said it was severing a military hot line with South Korea and showered invective on Seoul’s new leader, even as Seoul pursued plans to improve relations with the North, including the resumption of reunions of families separated by […]
