Young Poong, MBK secure additional 5% stake in Korea Zinc via tender offer

SEOUL, October 14 (AJP) - Young Poong Corp. and MBK Partners have acquired an additional 5.34 percent stake in Korea Zinc through a month-long public tender offer, potentially securing the upper hand in the battle for control of the world's largest zinc smelter, financial sources said

Unification Ministry snubs North Korea's warnings over alleged South Korean drones

SEOUL, October 14 (AJP) - The Ministry of Unification here on Monday strongly condemned North Korea's recent threats of "catastrophic consequences" over South Korean drones allegedly flying over Pyongyang. Kim Yo-jong, the sister of North Korean leader Kim Jong-un, issued

Yoon names former chief of staff as new ambassador to China

SEOUL, October 14 (AJP) - President Yoon Suk Yeol named his former chief of staff Kim Dae-ki as the new ambassador to China, the presidential office said Monday. Kim's "deep understanding of Chinese society, history, and culture, along with his fluency in Chinese,"