South Korean shares extended their losing streak to eight consecutive sessions Friday, marking the longest losing streak in more than 18 months following stronger than expected inflation in the United States. The Korean won fell slightly against the …
Troubled builder Taeyoung Engineering and Construction Co. has received 96.1 percent of support from creditors to move forward with a debt restructuring program, its main creditor said Friday.
The level of support was higher than the 75 percent th…
Biggest travel account deficit in 5 years highlights need for rethinking tourism
South Korea chalked up a current account surplus for the seventh straight month in November. But there is a troubling detail that keeps policymakers concerned: the bigg…
The National Assembly passed a special bill for the establishment of an independent aerospace agency. While overdue, the introduction of legislation for the new space organization is appreciated, as it is anticipated to fulfill a role akin to that of…
The National Assembly passed a special bill for the establishment of an independent aerospace agency. While overdue, the introduction of legislation for the new space organization is appreciated, as it is anticipated to fulfill a role akin to that of…