South Korea

Shares fall 3.2 per cent in Seoul

Shares fall 3.2 per cent in SeoulSeoul - Shares nosedived Thursday on t

Vietnam warns Korean firms on labour violations

Vietnam warns Korean firms on labour violationsHanoi  - Vietnamese authorities have warned South Korean firms to cease violating labour laws if they want to continue their Vietnamese operations, a senior government official said Thursday.

"Many South Korean firms have violated Vietnamese law," said Mai Duc Chinh, vice chairman of the Vietnam General Labor Federation. "They failed to set up payroll and salary scale structures for their Vietnamese staff, and the salaries were not commensurate with the work."

North Korea to close border with South over “beyond danger level” provocation

North Korea to close border with South over “beyond danger level” provocationLondon, Nov 12 : North Korea has said that it will shut all land borders with South Korea from the beginning of December, and accused its neighbour of provocation “beyond the danger level.”

The state-run Korean Central News Agency in Pyongyang released a statement in English, which said the North Korean military was taking measures to “strictly restrict and cut off all the overland passages through the Military Demarcation Line.”

South Korean leader says he won't stand in way of Obama-Kim meeting

North Korea threatens to cut all diplomatic ties with SeoulSeoul - South Korean President Lee Myung Bak said he has no objections to a potential meeting between US president-elect Barack Obama and North Korea leader Kim Jong Il.

He said in an interview with the Chosun Ilbo newspaper that appeared Tuesday that he would expect any such meeting would help to abolish North Korea's nuclear weapons programme.

Shares fall 2.1 per cent in Seoul

Shares fall 2.1 per cent in SeoulSeoul  - Shares fell more than 2 p

Shares rise in Seoul

Shares rise in SeoulSeoul  - Shares soared Monday on the Seoul stock exchange led

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