The International Labour Organization (ILO) has dismissed a request by striking South Korean trainee doctors for intervention in the government’s back-to-work order, concluding that they are not recognized as a labor union eligible for the process, of…
South Korean shares rallied by more than 2 percent Thursday amid growing hopes for U.S. rate cuts in the near future. The local currency also rose sharply against the U.S. dollar.
The benchmark Korea Composite Stock Price Index (KOSPI) surged 64.72 p…
Ambassador to Australia Lee Jong-sup returned home Thursday, 11 days after he left to assume the job, amid criticism of his appointment and departure when he is subject to an investigation into a Marine’s death last year.
Lee, a former defense minist…
Industry Minister Ahn Duk-geun said Thursday the government will proactively support the semiconductor industry, and accelerate the development of high-bandwidth memory and artificial intelligence chips to achieve the annual export target of US$120 bi…
South Korea and the United States were staging combined urban combat training this week to bolster their readiness against threats in urban areas and underground facilities, Seoul’s Army said Thursday.
The five-day Army exercise kicked off at an urba…