South Korea expressed strong regret Thursday over the remarks by Russia’s top envoy to North Korea that the likelihood of another nuclear test by Pyongyang will depend on how far Seoul and Washington will go in taking their deterrence measures agains…
South Korean stocks closed higher for a second consecutive session Thursday amid growing hopes of U.S. rate cuts. The local currency slightly lost ground against the U.S. dollar.
The benchmark Korea Composite Stock Price Index (KOSPI) added 10.74 poi…
North Korean leader Kim Jong-un reprimanded officials over “shortcomings” in regional factories, state media said Thursday, during a visit that came as part of his push on developing the economy in the North’s backward provinces.
Kim made the remarks…
Defense Minister Shin Won-sik said Thursday that South Korea is expected to bag more arms contracts in the Middle East this year by building on the momentum from a large-scale missile interceptor deal in Saudi Arabia.
Shin shared his optimism for mor…
KT Corp., South Korea’s major mobile carrier, said Thursday it shifted to a net loss in the fourth quarter from a profit a year earlier due to an increase in operating costs.
The company said in a regulatory filing it logged a net loss of 41.7 billio…