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April 27, 2017

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Seoul, US ready to 'punish' North Korea
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Business > Asia > Korea
South Korea's tourist industry has been hammered by China's boycott over the deployment of a U.S. missile defense system, with visitor numbers from the Asian giant plummeting 40 percent in March, statistics showed.
 
Asia's fourth-largest economy grew slightly more than previously thought in each of the past two years, South Korean authorities said Tuesday.
 
Chef brings a taste of Japan to Pyongyang
Sushi in Pyongyang? At a restaurant run by a Japanese sushi chef famous for working for North Korea's late leader Kim Jong Il?
 
South Korean prosecutors investigating a major influence-peddling scandal involving impeached President Park Geun-hye said they would decide Monday whether to arrest the heir to the giant Samsung group over alleged bribery.
 
South Korea's central bank has trimmed its forecast for the country's growth in 2017 partly due to the fallout from a massive influence-peddling scandal.
 
Samsung heir named suspect in South Korean political scandal
South Korean authorities said Wednesday that a Samsung scion will be questioned as a suspect in a bribery case in the massive influence-peddling scandal that led to the impeachment of the country's president.
 
S. Korea lowers economic growth forecast to 2.6%
South Korea revised down its 2017 growth outlook on Thursday, citing increased uncertainties in the United States and a sagging recovery in domestic consumption.
 
Bankrupt shipper Hanjin is selling its Port of Seattle terminal operations to one of the world's largest cargo firms.
 
South Korean internet giant Naver Corp. has unveiled a US$43 million fund with Softbank to invest in content and technology startups.
 
South Korea left its key interest rate unchanged Friday, with markets unnerved by political turmoil at home and global uncertainty following the shock result of the U.S. presidential election.
 
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