Day: March 14, 2024

North Korea has unveiled a new battle tank during training exercises, state media reported Thursday, amid ongoing joint military drills between South Korea and the United States.

North Korean leader Kim Jong-un drove a new tank himself during the “tr…

The top nuclear envoys of South Korea and China discussed the security situation surrounding North Korea as they attended a roundtable in Switzerland, the foreign ministry said Thursday.

Their bilateral talks came on the sidelines of the 10th Zermatt…

South Korean banks’ combined net profit rose from a year earlier in 2023 as high interest rates boosted their interest income, data showed Thursday.

The combined net profit of the banks came to 21.3 trillion won (US$16.2 billion) last year,

South Korea’s central bank said Thursday it will maintain its current restrictive policy stance as any hasty rate policy change may undermine market confidence and further raise already high household debt.

In its latest monetary policy report, the B…

Spending on private education for South Korean students reached an all-time high in 2023 despite the fall in the student population, data showed Thursday.

Total expenses on private after-school classes for primary, middle and high school students sto…

The health ministry on Thursday ruled out negotiations with the medical community over a plan to boost the number of medical students, reaffirming its hard-line stance despite a prolonged walkout by junior doctors that has caused surgery cancellations…

South Korean stocks traded higher late Thursday morning, led by auto and financial companies.

The benchmark Korea Composite Stock Price Index rose 4.37 points, or 0.16 percent, to 2,710.54 as of 11:20 a.m.

Automakers enjoyed brisk trading, with indu…

South Korea is keeping close eyes on China’s push to list Mount Paekdu as one of UNESCO’s new global geoparks in the name of “Mount Changbai,” the foreign ministry said Thursday.

The issue of evaluating and approving the “Mount Paekdu

South Korea and the United States on Thursday wrapped up a major combined military exercise designed to reinforce deterrence against North Korean threats, the South’s military said, as Pyongyang remained relatively mum over the exercise it has accused…