The World Bank Group unveiled a new system on Thursday to rank countries based on their success in developing human capital, an effort to prod governments to invest more effectively in education and healthcare.
A Seoul court Friday found former President Lee Myung-bak guilty of corruption and handed down a 15-year jail sentence on him, who thus became the fourth ex-South Korean leader to be criminally convicted.
On September 18th, leaders of the two Koreas have met in Pyongyang, North Korea, for the third meeting for inter-Korean reconciliation. With the international attention focused on the movements of the two leaders, families from around the world expecting the peaceful reunification of the Korean peninsula, further world peace attended a peace festival held in South Korea.
South Korea and Chile agreed on Wednesday to bolster substantive bilateral partnerships in various sectors on the basis of their free trade agreement (FTA). Korean foreign minister Kang Kyung-wha and his Chilean counterpart Roberto Ampuero held talks on the sidelines of a regional meeting of the World Economic Forum (WEF) in Hanoi, according to Kang's ministry.
UN-affiliated NGO based in South Korea Heavenly Culture, World Peace, Restoration of Light (HWPL) will held her fourth Peace Summit in order to promote world peace and the cessation of war. Since 2014, the NGO has hosted the World Alliance of Religions’ Peace (WARP) Summits with the slogan of “everyone to become messengers of peace” to put in the debate the realizable methods for world peace in association with the leaders from each sector of the global society.
Apple and Samsung have finally settled a seven-year-long patent dispute, bringing to an end the long-running battle over the design of their rival smartphones. The terms were not disclosed.
A US team is holding talks with North Korean officials to prepare a possible meeting between President Donald Trump and the North's leader Kim Jong-un. The talks in the village of Panmunjom, in the demilitarized zone between the two Koreas, are the latest sign that the summit could take place after all.
South Korea and Mercosur agreed to begin formal negotiations for a trade deal in the latter half of this year to facilitate commerce and investment, the Seoul government said on Friday. South Korea signed an agreement to launch the negotiations with four Mercosur member states -- Brazil, Argentina, Paraguay and Uruguay -- during a ceremony held in Seoul. Mercosur expelled Venezuela in 2016 for failing to meet its basic standards.
President Donald Trump on Friday said the date and location have been set for a meeting with North Korean leader Kim Jong Un, building suspense for the unprecedented talks, as South Korea said it would oppose a withdrawal of U.S. troops from the area.
North Korean leader Kim Jong Un and South Korean President Moon Jae-in agreed on Friday to finally end a seven-decade war this year, and pursue the “complete denuclearization” of the Korean Peninsula.