SEOUL, South Korea, the United States and Japan have jointly conducted naval drills in waters south of the Korean Peninsula following North Korea’s recent launch of a hypersonic missile, the Joint Chiefs of Staff (JCS) said Wednesday.
The joint
SEOUL, President Yoon Suk Yeol vowed Wednesday to implement “bold” reforms in stock market taxes to correct the perceived undervaluation of South Korean shares and improve the financial situation of ordinary people.
Yoon made the remark during a mee…
SEOUL, South Korea’s money supply rose for the sixth consecutive month in November amid tightening policy, central bank data showed Wednesday.
The country’s M2, a key gauge of the money supply, stood at 3,894 trillion won (US$2.91 trillion) in
SEOUL, South Korea’s deputy nuclear envoy Lee Joon-il met with Thai officials earlier this week and called for Bangkok’s support in dealing with the North Korean nuclear issue, the foreign ministry said Wednesday.
On Tuesday, Lee met separately with…
SEOUL, Hyundai Motor Co. and Kia Corp., South Korea’s leading automakers, have picked up nine awards at prestigious annual design awards in the United States for their innovative design competitiveness, the companies said Wednesday.
Hyundai snagged …
SEOUL, Vice Veterans Minister Lee Hee-wan will visit an island near the western border with North Korea this week to pay his respects at the memorial for his former comrades killed in the 2002 inter-Korean naval clash in nearby
Samdech Moha Borvor Thipadei Hun Manet, Prime Minister of the Kingdom of Cambodia, welcomed the intention of Shenzhen Power Solution to invest in Cambodia, especially in the production of solar-powered appliances.
The support was raised while Samdec…
SEOUL, Foreign currency deposits increased for the third straight month in December as export settlements increased, central bank data showed Wednesday.
Residents’ outstanding foreign currency-denominated deposits reached US$103.88 billion at end-De…
SEOUL, South Korean steelmaker POSCO said Wednesday it has raised US$500 million by selling global green bonds for domestic facility investments.
POSCO issued the U.S. dollar bond at the interest rate of three-year U.S. Treasurys plus 1.1 percent, t…
Samdech Moha Borvor Thipadei Hun Manet, Prime Minister of the Kingdom of Cambodia, welcomed the intention of Shenzhen Power Solution to invest in Cambodia, especially in the production of solar-powered appliances.
The support was raised while Samdec…