Lee Myung-bak News

Hyosung Corp. , the South Korean chemicals and trading company, said it abandoned a bid for Hynix Semiconductor Inc.

Vessels from the Republic of Korea and the Democratic People's Republic of Korea exchanged gunfire yesterday for the first time in seven years.

Students greet Chile s President Michelle Bachelet and President Lee Myung-bak during a welcoming ceremony yesterday at the Blue House in Seoul.

South Korea on Tuesday said the existing inter-Korean exchanges and cooperation will go forward as usual and not be affected by an earlier naval clash with the Democratic People's Republic of Korea .

The nuclear impasse with North Korea, a free trade agreement with South Korea and Seoul s contribution to rebuilding Afghanistan are key topics to be addressed during President Lee Myung-bak and U.S. President Barack Obama s summit next week, senior officials from the two countries presidential offices said yesterday.

The slogans 'The conscience of the country's next century' and 'politics of trust that keeps promises' sound great, but are just hollow rhetoric to the people.

Seoul, the capital of South Korea, was officially selected as the host city of the Group of 20 summit to be held in November next year, the South Korean government announced on Monday.

South Korean President Lee Myung-bak will discuss ways to ratify the South Korea-U.S. Free Trade Agreement with his U.S. counterpart Barack Obama when they meet for a bilateral summit in Seoul later this month, the presidential office said Monday.

Seoul - Twenty years after the Berlin Wall fell, South Korean newspapers on Monday urged the government to prepare in case the world's last Cold War frontier - with communist North Korea - collapses suddenly.

The government's move to scrap the maritime deal with Cambodia is not a "hit where it hurts" decision as it is based on sketchy information over interests in the overlapping areas in the Gulf of Thailand.

President Lee Myung-bak reiterated his position yesterday that he has no intention to meet with North Korean leader Kim Jong-il just for the mere sake of having an inter-Korean summit.

Tens of thousands of South Korean workers rallied Saturday to protest the government's plan to begin implementing contentious labor laws.

South Korea must do more to open its market to U.S. cars before President Barack Obama will send a free trade agreement signed in June 2007 to Congress for a vote, the chief U.S. trade negotiator said on Thursday.

President Lee Myung-bak on Wednesday said North Korea's nuclear program remains the biggest hurdle to inter-Korean cooperation.

South Korea, the OECD's fastest-growing carbon polluter, has ditched its weakest voluntary 2020 emissions target and will choose one of two stricter options ahead of a global meeting in Copenhagen.

The United States said North Korea has violated its own denuclearization commitments and United Nations Security Council resolutions with its reprocessing of plutonium for atomic weapons production.

President Lee Myung-bak yesterday strongly signaled his opposition to a controversial plan to build a new administrative city outside Seoul.

A Russian representative announced that North Korea is gearing up for a potential return to the multilateral negotiating table depending on the outcome of upcoming bilateral talks with the U.S. Stressing that this does not necessarily mean the six-party nuclear talks, Georgy Toloraya, director of the Korean program at the Russian Academy of ...

The United States and its ally South Korea have drawn up a contingency plan to cope with emergencies in North Korea, including a possible regime change there, a report said Sunday.

Prime Minister Chung Un-chan, right, faces attacks by opposition party lawmakers yesterday at the National Assembly as he tried to read a budget address on behalf of President Lee Myung-bak. [YONHAP] As the political quagmire over the Sejong City project rapidly deepened throughout yesterday, the Blue House said President Lee Myung-bak has no ...