South Korea’s arms procurement agency plans to sign a contract this year to build 20 KF-21 fighter jets, officials said Friday, in an apparent slash to the initial production volume of 40 units as originally planned.
The Defense Project Promotion Co…
South Korean shares closed slightly lower Friday as investors cashed in gains after the market rallied by more than 2 percent the previous session. The local currency fell sharply against the U.S. dollar.
The benchmark Korea Composite Stock Price In…
South Korean shares extended losses late Friday morning as investors continued to cash in profit from the previous session’s sharp gain.
The benchmark Korea Composite Stock Price Index had decreased 8.27 points, or 0.3 percent, to 2,746.59 as of 11:…
Health Minister Cho Kyoo-hong said Friday there is no room for compromise on the allocation of an additional 2,000 medical school admission seats, although the government has continued to seek talks with the medical community.
About 90 percent of 13…
A leader of the Korean Medical Association (KMA), the country’s biggest doctors’ group, appeared before police Friday for another round of questioning over suspicions of instigating a mass walkout by trainee doctors.
Park Myung-ha, the KMA’s organiz…