Lee Myung-bak News

Among the 12 most-leveraged government-owned companies are Korea Land & Housing Corp., Korea Electric Power Corp. and Korea Water Resources Corp., none of which can be held solely accountable for the huge amounts of debt they have taken on over the past five years.

Seo Jang-seok, a director of the Ministry of Trade, Industry and Energy, is having a different winter this year.

GOODBYE TO ALL THAT: South Korea's government has vowed to tackle massive debts at inefficient state-owned companies by ending lax management and cutting excessive perks for workers.

The priests who belong to the Catholic Priests' Association for Jutstice have actively participated in the political affairs since Roh Administration of Korea.

The leftist Catholic Priests' Association for Justice sent shockwaves through the political landscape Friday after one of their members made controversial remarks about President Park Geun-hye and North Korea's 2010 shelling of South Korea's Yeonpyeong Island.

A record 80.7 percent of Japanese "do not feel friendly" toward China, according to the government's five-tier public opinion survey on foreign affairs.

The race within the ruling Saenuri Party to challenge incumbent Seoul Mayor Park Won-soon is heating up months ahead of next year's election.

The ruling Saenuri Party's Rep. Chung Moon-hun was questioned on Tuesday over his involvement in the alleged leak of the 2007 inter-Korean summit transcript.

South Korea has sent 17.8 billion won in humanitarian aid to North Korea in 2013, a 26 percent increase from last year, despite the spike in cross-border tensions, the Seoul government said Sunday.

A joint press conference between President Park Geun-hye and Russian President Vladimir Putin at Cheong Wa Dae Wednesday once again ended without a Q&A session.

Matured political culture is expected more than ever . NOVEMBER 15, 2013 03:26. . Rep. Kim Sung-gon, a four-term Democratic lawmaker, urged the opposition lawmakers that 'even if the contents of the President's remarks were not satisfactory, please show at least some minimal respect to the president because it is a matter of our national prestige.'