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U.S. government working to renew oil agreement with Israel

The United States is in the midst of renewing its 35-year-old commitment to supply Israel with oil in emergency situations after the pact expired on Tuesday, a U.S. State Department official said.


G-Dragon confirms Big Bang’s 2015 comeback and album release

In a news conference in Seoul for GD x Taeyang's promotions for the single "Good Boy," G-Dragon announced that the much-awaited comeback and new album release of Big Bang will happen next year.

Samsung Group sells shares in chemical, defense arms for $1.7 billion

South Korea's Samsung Group said on Wednesday it is selling stakes in four chemical and defense firms for 1.9 trillion won($1.72 billion) to Hanwha Group, the latest move in the massive task of restructuring the country's largest conglomerate.

Coal mine accident in northern China kills 24: Xinhua

A coal mine fire in China's northern Liaoning province has killed 24 workers and left 52 injured, the official Xinhua news agency reported on Wednesday, underscoring the poor safety record of the world's biggest coal producing country.


Latest News

The U.S. economy grew at a much faster pace than initially thought in the third quarter, pointing to strengthening fundamentals that should help it weather slowing global demand.
Jessica Jung recently made her her first public appearance in Korea following her ouster from Girl’s Generation two months ago. The idol-fashion designer was featured in the cover of Hong Kong’s Marie Claire magazine and revealed her goals during an interview..
You might need two carts to walk away with what may be this year's biggest Black Friday bargain (at least by size): a 65" Vizio television at Walmart for $648.
Crimeans should pay off their debts to Ukrainian banks despite now living under Russian law, a Russian central bank official was quoted as saying, marking a change in position by Moscow which had suggested ignoring any payment demands.
President Barack Obama pledged on Tuesday to veto a deal still under negotiation in Congress that would make several expiring business tax breaks permanent.
Asian stocks edged up on Wednesday after data showing the U.S. economy growing at a relatively solid pace calmed investor anxiety over slowing global growth, while the Australian dollar languished near four-year lows against the dollar.
Hewlett-Packard Co said its quarterly revenue fell in almost every business segment over the year, highlighting weaknesses ahead of the company's planned 2015 separation of its enterprise services from its traditional computer and printing units.
According to the Seoul Central District Court on November 25, it was decided on October 10 that Luhan's lawsuit claiming the lack of validity of his exclusive contract with SM Entertainment will be brought to a court-referred mediation.
"Dancing With the Stars" is down to three couples for its season finale, but Alfonso Ribeiro may still be injured from his fateful rendition of "The Carlton."
Producer Paris Barclay has revealed a number of new details about the end of "Sons of Anarchy."