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Hyundai Motor Group on Wednesday said it has signed an agreement with Audi AG to jointly develop electronics vehicles powered by fuel cell. (Photo courtesy: Showroom.com)

Hyundai Motor, Audi join hands for fuel cell technology

Hyundai, the world's fifth-largest auto maker, began to mass produce fuel cell vehicles in 2013.

20 Jun 2018 6:21 PM

South Korean Major General Do-gyun (center) speaks to the media before leaving for the border village of Panmunjom to attend the meeting. The discussions are the first general-level talks between the militaries since December 2007. (Photo: File/AP)

North, South Korea hold rare military talks to reduce border tensions

Seoul's Defense Ministry said the talks would focus on carrying out agreements from a summit between the two leaders to reduce tensions.

14 Jun 2018 2:41 PM

Pompeo is scheduled to fly to Beijing to meet his Chinese counterpart after the meetings in Seoul. (Photo: AP/File)

North Korea's Kim knows denuclearisation must be 'quick': Mike Pompeo

Pompeo said Washington remained committed to the 'complete, verifiable and irreversible' denuclearisation of North Korea.

14 Jun 2018 1:53 PM

Trump said he had formed a 'special bond' with Kim, whom he described as 'very talented'. (Photo: File/AP)

Trump-Kim Jong Un meet start of 'radical switchover' of hostile ties: KCNA

The KCNA news agency reported that Kim Jong Un had invited US President Donald Trump to visit North Korea.

13 Jun 2018 1:39 PM

'We hope the summit will be a success and bring us a complete denuclearisation, peace and a new era' in relations between the two Koreas and the United States, South Korean President Moon Jae-in said. (Photo: AP)

South Korean President spent ‘sleepless night’ in excitement, says office

Moon, whose earlier meetings with Kim had paved the way for the Singapore summit, smiled and applauded alongside his cabinet ministers.

12 Jun 2018 1:46 PM

Coinrail said hackers stole cryptocurrencies over the weekend including Pundi X, Aston and NPER.

Bitcoin at 2 month low after South Korean exchange hacked

Bitcoin was trading at USD 6,780 on Monday, down from more than USD 7,500 before the weekend.

12 Jun 2018 9:25 AM

The historic summit between US President Donald Trump and North Korea's Kim Jong Un. (Photo | AP)

South Koreans feel hope and doubt ahead of Trump-Kim summit

Some hope for an end to Cold War confrontation and North will eventually give up its nuclear weapons.

11 Jun 2018 2:39 PM

The list of what it would take for the 'complete denuclearization' of North Korea is long. (Photo: AP)

Shutting down North Korea's vast nuclear program poses challenges

There is lingering skepticism ahead of US-North Korea summit that Kim would fully give up nuclear weapons he has pushed so hard to build.

09 Jun 2018 6:40 PM

OPEC and non-OPEC Arab oil ministers agreed on the need for continued cooperation to balance global supply.

Oil climbs, but record US crude output, higher OPEC supplies drag

US crude stocks were forecast to fall about 2.5 million barrels on average in the week ended June 1.

05 Jun 2018 8:46 AM

'The North appears to have brought in new figures... as the previous officials lacked flexibility in thinking,' the source said. (Photo: AFP)

North Korea 'military reshuffle' raises eyebrows in Seoul

Trump is due to meet with Kim Jong Un on June 12 in Singapore with Pyongyang's nuclear arsenal high on the agenda.

04 Jun 2018 10:56 AM

Moon acknowledged Pyongyang and Washington may have differing expectations of what that means, and he urged both sides to hold working-level talks to resolve their differences. (Photo: AP)

Kim Jong Un reaffirms intent to fully denuclearise N Korea, meet Trump

In Washington, Trump signalled that preparations for the summit with Kim were going ahead.

27 May 2018 10:28 AM

Moon said Trump’s decision left him 'perplexed' and was 'very regrettable.' (Photo: AP)

North, South Korean leaders hold surprise meeting, talks for 2nd time

South Korean presidential spokesman Yoon Young-chan said Moon will reveal the outcome of his surprise meeting with Kim on Sunday.

26 May 2018 6:33 PM

US West Texas Intermediate (WTI) crude futures were down 17 cents, or 0.24 per cent, at $71.67 a barrel.

Oil prices drop on potential increase in OPEC output

International benchmark Brent futures were down 27 cents, or 0.34 per cent, at $79.53 per barrel.

24 May 2018 9:26 AM

North Korea invited a handful of media from a number of countries to witness the dismantling of the Punggye-ri testing site to uphold its pledge to discontinue nuclear tests. (Photo: AFP)

N Korea lets S Korea journos in nuclear site to witness denuclearization

The invitation to witness the dismantling of the Punggye-ri site was seen as N Korea's unexpected offer to end its nuclear tests.

23 May 2018 11:05 AM

In a phone conversation on Sunday, Trump and Moon "exchanged views on various actions taken by North Korea recently", Moon's office said in a statement. (Photo: File/AP)

Donald Trump, Moon Jae-in discuss North Korea's threat to cancel summit

Pyongyang abruptly threatened to pull out of the planned summit next month because of US demands for 'unilateral nuclear abandonment'.

20 May 2018 5:21 PM

It also cancelled high-level talks due Wednesday with Seoul over the Max Thunder joint military exercises being held between the United States and South Korea, denouncing the drills as a 'rude and wicked provocation'. (Photo: AP)

Will cancel summit if US seeks 'one-sided' demands to give up nukes: N Korea

It is sudden and dramatic return to the rhetoric of the past by Pyongyang, after months of rapid diplomatic rapprochement on the peninsula.

16 May 2018 10:09 AM

A 2017 satellite image from a French space agency shows the nuclear test site with probable tarp-covered pallets and personnel in the main administrative area. (Photo: AFP)

Dismantling of North Korea nuclear site 'well under way': US monitor

N Korea said it will 'completely' destroy Punggye-ri test site, in a ceremony scheduled between May 23-25 in front of invited foreign media.

15 May 2018 5:24 PM

Since the Winter Olympics in the South, Pyongyang and Washington have agreed to the unprecedented Singapore meeting. A woman walks by a huge screen showing U.S. President Donald Trump and North Korean leader Kim Jong Un (Photo | AP)

North Korea will never fully give up nuclear weapons: Top defector

US is seeking the 'complete, verifiable and irreversible denuclearisation (CVID)' of the North and stresses that verification will be key.

14 May 2018 12:16 PM

Trump had previously suggested that the demilitarised zone between the two Koreas -- the site of a recent summit between Kim and Moon -- could also be an appropriate venue for his meeting with the North's leader. (Photo: AP)

Singapore likely to host Donald Trump-Kim Jong Un summit in June: report

Trump said that the two sides had settled on a date and location for the summit -- without providing details.

07 May 2018 11:58 AM

Kim vowed with Moon to seek denuclearisation and pursue a formal end to the 1950-53 Korean War through a peace treaty with Seoul. (Photo: AP)

North Korea says peace talks not result of US pressure

The pair is set for the first ever face-to-face meeting between Trump and Kim Jong-Un, with a date and venue to be announced soon.

06 May 2018 2:10 PM

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Shobhaa De