SEOUL, A U.S. F-16 fighter jet crashed in waters off South Korea’s west coast on Wednesday and the pilot was rescued after ejecting from the aircraft, the U.S. Air Force said.
The jet assigned to the 8th Fighter Wing in Kunsan Air Base, about 180 ki…
SEOUL, Samsung CandT Corp. said Wednesday its 2023 net profit gained 6.8 percent from a year earlier, driven by the strong performance of its construction and resort business.
The net profit came to 2.71 trillion won (US$2 billion) in the three mont…
SEOUL, A Seoul court sentenced independent lawmaker Youn Kwan-suk to two years in prison on Wednesday, finding him guilty of involvement in a cash-for-votes scandal surrounding the main opposition party’s 2021 leadership election.
The scandal center…
SEOUL, South Korean stocks closed slightly lower Wednesday, hurt by declines in semiconductor stocks after chip giant Samsung Electronics reported its fourth-quarter earnings. The Korean won fell against the U.S. dollar.
The benchmark Korea Composit…
SEOUL, A senior official at South Korea’s unification ministry in charge of inter-Korean affairs emphasized the importance of the U.N. Command (UNC) on Wednesday as North Korea continues to dial up tensions on the Korean Peninsula after defining Sout…