South Korean shares closed lower for the sixth consecutive session Wednesday as investors awaited U.S. inflation data. The local currency lost ground against the U.S. dollar.
The benchmark Korea Composite Stock Price Index (KOSPI) dipped 19.26 point…
South Korea is set to begin production of the KF-21 fighter jet this year as planned, the state arms procurement agency said Wednesday, in what would be a major milestone in the country’s pursuit of an advanced homegrown fighter.
The Defense Acquisi…
South Korean shares closed lower for the sixth consecutive session Wednesday as investors awaited U.S. inflation data. The local currency lost ground against the U.S. dollar.
The benchmark Korea Composite Stock Price Index (KOSPI) dipped 19.26 point…
Foldable smartphones, first launched by Samsung Electronics Co. about five years ago, have undergone remarkable developments and innovations in both performance and technology to meet consumer demands for more functionality and convenience.
The Gala…
Cheong In-kyo, named as South Korea’s new trade minister on Wednesday, is a scholar specializing in economic security with experiences of participating in key free trade agreement negotiations.
Cheong served as a researcher at the Korea Institute fo…
A senior Chinese Communist Party official warned Tuesday that a “red line” on Beijing’s “core interest” of Taiwan must not be crossed, as the self-governing island democracy is set to hold its presidential election this weekend.
Liu Jianchao, minist…
The assailant who stabbed opposition leader Lee Jae-myung in the neck last week has told police that he carried out the knife attack to prevent Lee from becoming president, officials said Wednesday.
The Busan Metropolitan Police Agency announced the…
Once again, special prosecution bills have become a source of division ahead of the April 10 general elections.
That is the last thing South Korea needs right now. Nevertheless, with a catalyst in place, activities are intensifying within the corrid…
Build up space projects
Assembly processes a bill to create Korea Aerospace Administration
Korea took the first step to establish its own equivalent to the US National Aeronautics and Space Administration.
A special bill to create the Korea Aerosp…
Russia recently fired additional North Korean ballistic missiles into Ukraine following earlier such launches, a White House official said Tuesday, reiterating the arms transfers between Moscow and Pyongyang violate multiple U.N. Security Council (UN…