Jane Chung

South Korea confirms second case of deadly African swine fever, pledges vigilance

10:36am IST

SEOUL South Korea has confirmed a second case of African swine fever at a pig farm near the border with North Korea, a day after reporting its first-ever outbreak of the virus, deadly to pigs but not harmful to humans.

South Korea on highest alert after African swine fever found

17 Sep 2019

SEOUL South Korea has raised its animal disease alert to the highest level after discovering its first outbreak of deadly African swine fever at a pig farm in Paju, a town near its border with North Korea, the agriculture ministry said on Tuesday. | Video

UPDATE 11-Oil prices up 12% after attack on key Saudi oil facilities

16 Sep 2019

* Brent jumps 20% in biggest percentage gain since '91 Gulf crisis

South Korea's August U.S. crude imports jump while Iranian oil imports remain zero

14 Sep 2019

SEOUL South Korea's imports of U.S. crude oil soared in August, whereas its imports of Iranian oil stayed at zero for a fourth month in a row, following U.S. sanctions waiver end in May, customs data showed on Sunday.

Exclusive: Aramco Trading sells first U.S. West Texas Light crude to South Korea's Hyundai - sources

28 Aug 2019

SINGAPORE/NEW YORK/SEOUL Aramco Trading Company (ATC) sold its first-ever cargo of U.S. West Texas Light (WTL) crude, with a South Korean refiner the buyer, as the Saudi Aramco unit expands its U.S. oil dealings to boost trade volumes, four people familiar with the matter said.

Asian petrochemical profits slammed by trade war crossfire, oversupply

23 Aug 2019

SINGAPORE/SEOUL Profits from making petrochemicals in Asia have plunged to their lowest in months as the unrelenting trade conflict between Beijing and Washington stifles Chinese demand for chemicals and plastics just as waves of new production start to come on line.

South Korea imports more U.S. oil in July as Iran shipments on hold

15 Aug 2019

SEOUL South Korea's oil imports from the United States and the United Arab Emirates jumped in July, with Iranian shipments remaining at zero for a third month due to U.S. sanctions, customs data showed on Thursday.

South Korea to drop Japan from its fast-track trade 'white list'

12 Aug 2019

SEOUL South Korea said on Monday it plans to drop Japan from its "white list" of countries with fast-track trade status from September, a tit-for-tat move that deepens a diplomatic and trade rift between the two countries. | Video

Oil prices fall on worries over demand growth outlook

12 Aug 2019

SEOUL, Aug 12 Oil prices fell on Monday, dragged down by an economic slowdown and worries about the Sino-U.S. trade war, which have led to a cut in the growth outlook for oil demand.

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