The San Francisco Giants' South Korean rookie Lee Jung-hoo has landed on the 10-day injured list with a dislocated left shoulder. The Giants placed Lee on the sidelines Monday, a day after Lee crashed into the center-field wall at Oracle Park in San Francisco while trying to make a grab during the Giants' game against the Cincinnati Reds. Lee crumpled to the ground and immediately grabbed his left shoulder. A few minutes later, the Giants' head athletic trainer, Dave Groeschner, e

South Korean stocks opened almost flat Tuesday as investors awaited a key US inflation report set to be released later this week. The benchmark Korea Composite Stock Price Index gained 0.51 point, or 0.02 percent, to 2,727.72 in the first 15 minutes of trading. Overnight, the S&P 500 closed almost flat, while the Dow Jones Industrial Average fell 0.2 percent. The tech-heavy Nasdaq composite gained 0.3 percent. Investors' eyes are on the US Consumer Price Index data for April due out Wed

South Korea's import prices rose for a fourth consecutive month in April due to an increase in oil prices and the Korean won's decline against the US dollar, central bank data showed Tuesday. The import price index rose 3.9 percent last month from a month earlier following a 0.5 percent on-month gain the previous month, according to the preliminary data from the Bank of Korea. From a year earlier, prices also rose 2.9 percent last month following a 0.5 percent on-year decline the previ

South Korea and Cuba have officially kicked off discussions on opening a Cuban diplomatic mission in Seoul, the foreign ministry said Monday. Mario Alzugaray Rodriguez, deputy head of mission of the Embassy of Cuba in China, arrived in Seoul the previous day to discuss with officials at the ministry the process and support needed in opening the diplomatic mission. "The two countries will continue to communicate and cooperate to ensure the process of opening the embassies runs smoothly,"

Chinese Foreign Minister Wang Yi expressed hope Monday that bilateral relations with South Korea will develop further "without interference," saying the current difficulties in the ties do not serve the common interest of the two countries. Wang made the remarks at the beginning of talks with his South Korean counterpart, Cho Tae-yul, in Beijing, apparently referring to the incidents that sent the bilateral ties to a low point, such as the comments by President Yoon Suk Yeol about main

South Korean stocks ended almost flat Monday as investors were cautious ahead of the release of US inflation data set to be released later this week. The Korean won fell against the US dollar. The benchmark Korea Composite Stock Price Index fell 0.42 point, or 0.02 percent, to 2,727.21. Trade volume was slightly heavy at 614.2 million shares worth 12.9 trillion won ($9.4 billion), with losers outpacing winners 481 to 380. Last week, the Dow Jones Industrial Average gained ground for the fourth c

Two South Korean players in Major League Baseball this season, Lee Jung-hoo of the San Francisco Giants and Kim Ha-seong of the San Diego Padres, have both suffered injuries that forced them to leave their games. The San Francisco Giants center fielder Lee Jung-hoo suffered a dislocated left shoulder after crashing into the outfield fence attempting to make a catch against the Cincinnati Reds at Oracle Park in San Francisco on Sunday. Kim Ha-seong, shortstop for the San Diego Padres, took a pitc

South Korea will push to set up a package worth over 10 trillion won ($7.28 billion) to support the chip industry as part of efforts to boost the competitiveness of the critical industry and to prop up economic growth, the finance ministry has said. The planned assistance program of more than 10 trillion won aims at supporting facility investment and research and development programs for all sectors of the chip industry from chip materials to manufacturing equipment and components, Finance Minis

South Korean stocks opened higher Monday while investors remained watchful over mixed signals for the US Federal Reserve's future monetary policy. The benchmark Korea Composite Stock Price Index rose 9.42 points, or 0.35 percent, to 2,737.05 in the first 15 minutes of trading. Last week, the Dow Jones Industrial Average gained ground for the fourth consecutive week, and the S&P 500 and the tech-heavy Nasdaq posted increases for the third straight week. But on Friday, Wall Street closed

North Korea supports a United Nations resolution for Palestine's full membership, Pyongyang's foreign ministry said Sunday, criticizing the United States for vetoing the move. The remark came after the UN General Assembly urged the security council to give "favorable consideration" to full Palestinian membership on Friday (US time). "The DPRK fully supports it," a spokesperson for the North's foreign ministry said in a statement carried by the Korean Central Ne

A passenger died after falling overboard on a cruise ship operating in the East Sea, authorities said Sunday. The 65-year-old passenger was transported to a nearby hospital after being rescued at 2:30 p.m., where the victim later died, according to the Gangwon State Fire Headquarters and the Korea Coast Guard. Two crew members also jumped into the sea to rescue the victim, with one of them being treated at the hospital for symptoms of hypothermia. The ship departed from Jumunjin, a port on the e

North Korea has appointed a new ambassador to its mission at the United Nations office in Geneva, the UN website showed Saturday. Jo Chol-su, who previously served as director-general of international organizations at North Korea's foreign ministry, presented his credentials to the UN Office at Geneva on Friday, according to the website. Jo's appointment comes five months after his predecessor, Han Tae-song, returned to the North amid allegations of his involvement in ivory smuggling.

"Come Back to Me," the new song by RM, the leader of K-pop superband BTS, has debuted atop iTunes Top Songs charts in 82 countries around the world, his agency said Saturday. The track from his upcoming solo album came out Friday, two weeks ahead of the release of the album, titled "Right Place, Wrong Person." The countries include Germany, Brazil, France and Japan, according to BigHit Music. Following the prerelease of the song, RM will roll out the 11-track album on May 24.

North Korea said Saturday it will deploy a new 240mm multiple rocket launcher to its military starting this year, voicing expectations that the weapon system will strengthen the country's artillery combat capabilities. North Korean leader Kim Jong-un oversaw a test-firing of controllable shells for "the technically updated version" of the 240mm multiple rocket launcher system the previous day, according to the Korean Central News Agency (KCNA). The weapon system is believed to tar

A lantern parade marking the upcoming Buddha's birthday will take place in Seoul on Saturday, drawing an expected 50,000 people and leading to road closures. The parade and related festivities are scheduled for Saturday and Sunday, before Buddha's birthday that falls on Wednesday, according to a Buddhist committee preserving the lotus lantern festival. A procession of lantern holders will leave Dongdaemun gate at 7 p.m. Saturday and walk across the Jonggak intersection before reaching

South Korean veteran Kim Hyo-joo grabbed the first-round lead at the very first Ladies European Tour taking place on her home soil Friday. Kim shot a four-under 68 to seize sole possession of the lead at the Aramco Team Series at New Korea Country Club in Goyang, on the northwestern outskirts of Seoul. This is the second leg of the Aramco Team Series, presented by the Public Investment Fund, Saudi Arabia's sovereign wealth fund. This $1 million event is a hybrid of an individual competition

The government plans to establish a state-led adoption system to better ensure the well-being of adoptees and reduce the number of children adopted overseas, health ministry officials said Friday. The announcement of the adoption system reform comes ahead of the scheduled implementation of laws on overseas and domestic adoption in July next year, aimed at enhancing the rights and well-being of adoptees and adoptive families. In the envisioned system, the central and the regional government will

Foreign Minister Cho Tae-yul said Friday that the government will actively make efforts to help South Korean firms not receive "unfair treatment" in overseas markets. He made the remark during his meeting with Science Minister Lee Jong-ho as the foreign and science ministries newly created a consultative body to promptly discuss and share relevant policies in the artificial intelligence and digital sectors. The meeting was held ahead of the upcoming AI summit, which Seoul is set to co-

Seoul shares ended higher Friday after the latest jobs data supported the case for US rate cuts this year. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index rose 15.49 points, or 0.57 percent, to close at 2,727.63. The main index has risen 1.9 percent this week. Trading volume was moderate at 568.36 million shares worth 11.07 trillion won ($8.09 billion), with gainers outpacing losers 489 to 365. The number of US unemployment claims jumped last week to th

The top nuclear envoys of South Korea and China discussed issues related to the Korean Peninsula on the margins of a multilateral security dialogue in Japan earlier this week, Seoul's foreign ministry said Friday. The talks between Lee Jun-il, director general for North Korean nuclear affairs, and Liu Xiaoming, China's special representative on Korean Peninsula affairs, took place Thursday in Tokyo on the sidelines of the Northeast Asia Cooperation Dialogue, an annual public-private se