Accounting firms in South Korea remain jittery as financial authorities are set to discipline Deloitte Anjin LLC soon for its failure to detect massive accounting fraud in a troubled shipyard, sources said Friday.Starting in late 2015, the Financial Supervisory Service conducted a near one-year investigation into Deloitte Anjin over its failure to uncover that Daewoo Shipbuilding & Marine Engineering Co. had cooked the books to make its snowballing losses in 2013 and 2014 look smaller.  This und

Imports of foreign eggs and their processed products to South Korea have surged this year, government data showed Friday, as the country is dealing with the worst supply shortage caused by the spread of avian influenza. The inbound shipments of fresh eggs and processed products reached a total of 1,331 tons from Jan. 1 to Feb. 15, according to data by the Ministry of Food and Drug Safety, and Ministry of Agriculture Food and Rural Affairs.  Piles of boxes containing eggs imported from the United

This image provided by CJ Entertainment shows the official poster for "Fabricated City." (Yonhap)The release of the Korean action film "Fabricated City" in seven North American cities will begin this week, its regional distributor said on Thursday. The movie is set to open in Los Angeles and Buena Park, California, on Friday and New Jersey, Dallas, Honolulu, Vancouver and Toronto a week later, CJ Entertainment America said.The latest by "Welcome to Dongmakgol" director Park Kwang-hyun, "Fabricat

KBS 2TV's late night comedy series "Good Manager" has further widened the gap in the Wednesday-Thursday drama race with "Saimdang, Memoir of Colors," which saw an uptick but not enough to erase its increasingly stale reaction, data showed Friday. This image provided by Logos Film shows actor Namkoong Min playing Kim Sung-ryong, an accountant at the fictional TQ Group, in the KBS2 TV series "Good Manager." (Yonhap)Episode eight of "Good Manger," which aired Thursday night, recorded a 17.6 percent

Popular K-pop boy group SHINee will embark on a North American tour next month for the first time since its debut, its management S.M. Entertainment said Friday. The image provided by S.M. Entertainment shows the concert poster for "SHINee CONCERT-SHINee WORLD V." (Yonhap)The group will tour on the continent to perform "SHINee CONCERT-SHINee WORLD V," at Toronto's Sony Centeron March 19, Vancouver's Orpheum Theatre on March 21, Dallas's Verizon Theatre on March 24 and LA's Shrine Auditorium on M

Park Ji-yoon, an idol diva-turned-singer songwriter, will release her ninth full-length studio album next month, her distributor said Friday.Park's new album titled "parkjiyoon9" will be released on March 2 and will carry 10 tracks, according to Sony Music. It will be her first full-length album in five years outside of several singles released since. This promotional image provided by Sony Music shows singer-songwriter Park Ji-yoon. (Yonhap)On the title track "Gereoji Mayo," which means "Don't

South Koreans' calls for the renegotiation of a 2015 Seoul-Tokyo deal on Japan's sexual enslavement of Korean women during World War II have been rising amid the rekindling of a row between the two countries over symbols of the victims, according to poll results released by Gallup Korea on Friday.About 70 percent of the respondents said South Korea should hold talks with Japan to renegotiate the agreement, while 20 percent of them expressed their objection to the idea, with the remaining 10 perc

North Koreans do not appear to be aware of the death of North Korean leader Kim Jong-un's half brother as Pyongyang has tightened control over the inflow of outside information, sources here said Friday.But despite the regime's surveillance, it is only a matter of time before the news spreads as more North Korean residents have secret access to outside information, they said.Kim Jong-nam, the eldest son of late former leader Kim Jong-il, was killed in an airport in Malaysia on Monday after being

An appellate court on Friday cleared a former chief of the country's leading tobacco maker of bribery, citing a lack of credibility in the testimonies of those involved.Upholding a lower court ruling, the Seoul High Court found Min Young-jin, head of KT&G Corp. from 2010 to 2015, not guilty of receiving some 179 million won ($156,000) worth of cash and goods in kickbacks from subcontractors, a company subordinate and a foreign buyer from 2009 to 2012. The goods allegedly given to him included fi

A new survey released Friday indicated a growing popularity of liberal presidential hopefuls while support for conservatives eroded from the fallout of an accelerating corruption probe of President Park Geun-hye.  Moon Jae-in, former head of main opposition Democratic Party, remained on top with 33 percent this week, up 4 percentage points from a week earlier, according to the poll conducted by Gallup Korea.  South Chungcheong Gov. An Hee-jung (Yonhap)He faces a growing challenge from South Chun

The top diplomats from South Korea, the United States and Japan condemned North Korea's latest ballistic missile launch in the "strongest terms" Thursday, pledging to work together to respond strongly to provocations by Pyongyang.South Korean Foreign Minister Yun Byung-se, US Secretary of State Rex Tillerson and Japanese Foreign Minister Fumio Kishida reached the agreement when they held talks on the sidelines of the Group of 20 foreign ministers' gathering in the German city of Bonn, officials

The top diplomats from South Korea and Japan are scheduled to hold talks Friday, with the rare meeting expected to focus on allaying heightening diplomatic tensions over history and territorial issues, Seoul's foreign ministry said.The meeting between Foreign Minister Yun Byung-se and his Japanese counterpart Fumio Kishida will be held in the morning in Bonn, Germany, on the sidelines of the Group of 20 foreign ministers' meeting.Their talks are expected to concentrate on a diplomatic row over a

Officials representing President Park Geun-hye said Friday they were shocked by the arrest of the de-facto head of the country's No. 1 conglomerate Samsung Group, but made clear the move does not necessarily prove the chief executive is guilty.Lee Jae-yong, vice chairman of the world's leading tech giant Samsung Electronics Co., was arrested earlier in the day on charges that included bribery in connection with the high-profile scandal surrounding the president and her confidante.President Park

A US congressman has stressed that the murder of North Korean leader Kim Jong-un's estranged half brother, Kim Jong-nam, if confirmed as an act by the country, should result in it being put back on the US terrorism sponsor list, a US broadcaster said Friday.Rep. Ted Poe, who serves as chairman of the House's subcommittee on terrorism and trade, told Radio Free Asia that it is a "very serious problem" if Kim Jong-un assassinated his half brother. North Korean leader Kim Jong-un attends a meeting

The number of South Koreans traveling to Japan has climbed to a record monthly high, due mainly to the latest streak of a cheaper yen, government data showed Friday. A total of 625,400 Koreans visited the neighboring country in January, hitting a record high on a monthly basis, according to tentative statistics compiled by the Japan National Tourism Organization.  A security checkpoint at Incheon International Airport is packed with people on Jan. 24, 2017, as thousands choose overseas getaways

South Korean politicians on Friday welcomed the arrest of the de facto head of Samsung Group as a catalyst for establishing economic justice, while some expressed concerns about its possible impact on the nation's frail economy. Lee Jae-yong, vice chairman of the world's largest technology company Samsung Electronics Co., was arrested early in the day on charges that included bribery in connection with the high-profile scandal surrounding President Park Geun-hye and her confidante.Lee Jae-yong,

US President Donald Trump said Thursday he will take care of the problem of North Korea, calling the communist nation one of "really really important subjects."Trump made the remark during a news conference announcing his new pick for labor secretary, arguing that his administration "inherited a mess" at home and abroad, including North Korea, and complaining about leaks of sensitive government information to the press. US President Donald Trump (Yonhap)"As you know, our administration inherited

The Constitutional Court said Thursday it plans to conclude President Park Geun-hye's impeachment hearings next week, prompting speculation that a ruling could come in early March.Park was impeached in December over allegations she let her friend Choi Soon-sil meddle in state affairs and colluded with her to extort money from conglomerates. The president has denied the charges. This photo shows the 14th hearing of President Park Geun-hye's impeachment trial at the Constitutional Court in Seoul o

South Korea's plan to import a vaccine against food-and-mouth disease from a British company may end up in smoke as it has yet to respond to a Seoul request for an emergency import, sources said Friday.South Korea remains gripped by a serious undersupply of FMD vaccines following the simultaneous outbreak of type A and type O viruses. Since the first outbreak on Feb. 5, nearly 800 cows have been culled so far. This undated file photo shows an FMD vaccine (Yonhap)After a type A case was reported

The board of the Federation of Korean Industries was set to meet Friday for discussions on ways to reform the organization now facing a series of departures by its key members that are threatening its very foundation.FKI officials said the board was expected to set the agenda for the general assembly scheduled to be held next Friday, noting they were expected to include the appointment of a new FKI chief. (Yonhap)The organization has been searching for a new leader to replace outgoing chairman H