Edition:
United Kingdom

South Korea

South Korea July factory output rebounds, beats forecasts

Photo

SEOUL South Korea's industrial output rebounded by a seasonally adjusted 1.4 percent in July from June, data showed on Wednesday, beating market expectations as production of electronic components and cars boosted activity.

UPDATE 1-S.Korea July factory output rebounds, beats forecasts 12:33am BST

* July gain largely due to temporary factors -finmin official

Photo

Banks halt support to South Korea's top shipping firm Hanjin 30 Aug 2016

SEOUL Hanjin Shipping Co's banks are halting support for the South Korean company, its lead creditor said, making it likely the nation's largest shipper is headed for bankruptcy as it is dragged down by a deep global industry downturn. | Video

Photo

Loyal to a fault - Lotte probe exposes flaws of Korea Inc 30 Aug 2016

SEOUL Loyalty has been a driving force in the success of South Korea's family-run "chaebol" conglomerates, but it can also shield the failings of its corporate culture and on Friday was linked to tragedy at the Lotte Group, the subject of a sweeping criminal probe. | Video

Photo

Loyal to a fault: Lotte probe exposes flaws of Korea Inc 30 Aug 2016

SEOUL Loyalty has been a driving force in the success of South Korea's family-run "chaebol" conglomerates, but it can also shield the failings of its corporate culture and on Friday was linked to tragedy at the Lotte Group, the subject of a sweeping criminal probe. | Video

Photo

South Korea 2017 budget focuses on job creation, spending up modestly 30 Aug 2016

SEOUL South Korea will focus on creating more jobs and increase spending modestly next year, while seeking out new sources of economic growth, the finance ministry said on Tuesday as it unveiled its draft 2017 budget.

Photo

Now Russia banned from 2018 Winter Games 30 Aug 2016

MOSCOW Russia, already suspended from next month's Rio Paralympics, have also been banned for the winter edition in Pyeongchang, South Korea in 2018 because of a state-sponsored sports doping programme.

North Korea publicly executes two officials - South Korean newspaper 30 Aug 2016

SEOUL North Korea publicly executed two officials in early August for disobeying leader Kim Jong Un, a South Korean newspaper reported on Tuesday, in what would be the latest in a series of high-level purges under the young leader's rule, if confirmed.

S. Korea July dept stores surge on MERS base effect, hot weather 30 Aug 2016

SEOUL, Aug 30 South Korea's department store sales increased at a brisk pace in July, trade ministry data showed on Tuesday, helped by warmer weather and the low base-effect from last year's Middle East Respiratory Syndrome outbreak.

UPDATE 1-Paralympics-Now Russia banned from 2018 Winter Games 29 Aug 2016

* Decision imminent on Swiss Federal Court appeal (Adds background)

Photo

U.S. lauds fragile respite between Turkey, Kurdish fighters in Syria

BEIRUT/ANKARA/WASHINGTON The United States welcomed an apparent pause in fighting between Turkish-backed forces and Kurdish militia fighters in Syria on Tuesday, both of them members of the coalition fighting Islamic State, but it was far from clear that any truce would hold. | Video