Seoul shares closed higher Friday on battery gains amid a report that the U.S. economy remains resilient. The Korean won fell against the U.S. dollar.
The benchmark Korea Composite Stock Price Index (KOSPI) rose 0.33 percent, or 8.22 points, to 2,47…
Seoul shares turned higher late Friday morning on tech and battery gains, after overnight Wall Street gains following a report indicating the U.S. economy remains stronger than expected.
The benchmark Korea Composite Stock Price Index had risen 1.2 …
South Korea and the United States have conducted their first cyber security drills to bolster their joint posture against rising cyber threats, the defense ministry said Friday.
The Cyber Alliance drill, held from Jan. 15-26 at South Korea’s Cyber O…
The rival parties on Friday condemned the attack against Rep. Bae Hyun-jin of the ruling People Power Party (PPP), calling for soul-searching about deepening hatred in South Korean politics.
Bae, a TV anchor-turned-lawmaker, was attacked in the head…
Prosecutors on Friday demanded a suspended sentence for the daughter of former Justice Minister Cho Kuk on charges of university admission fraud.
In the final hearing at the Seoul Central District Court, prosecutors demanded one year in prison, sus…
The government is likely to announce the possible increase in the medial school enrollment quota as early as next week in an effort to address problems stemming from the shortage of doctors despite strong opposition from the medical circle, officials…
Chinese Vice Foreign Minister Sun Weidong has arrived in North Korea, Pyongyang’s state media reported Friday, as the two countries are marking the 75th anniversary of establishing diplomatic relations this year.
A delegation of Chinese diplomats, l…
Main opposition leader Lee Jae-myung accused President Yoon Suk Yeol on Friday of interfering in the affairs of the ruling People Power Party and covering up suspicions of wrongdoing involving the first lady.
The comments followed Yoon’s public clas…
LG Energy Solution Ltd. (LGES), South Korea’s leading battery maker, said Friday its fourth-quarter net profit plunged 31 percent from a year earlier due to slowing demand for electric vehicles.
Net profit for the three months ended Dec. 31 fell to …
A large-scale defense exhibition focusing on ground-based weapons systems will open for a five-day run in September, with support from the Army and the defense ministry, its organizers said Friday.
The Korea Army International Defense Industry Exhib…