SEOUL, South Korea’s currency authorities warned of the won’s sharp decline against the U.S. dollar Tuesday and that one-sided movement is not desirable for the Korean economy as the local currency traded at a 17-month low amid risk-averse sentiment …
SEOUL, South Korea “strongly” protested against Japan on Tuesday after Tokyo issued an annual diplomatic report renewing its territorial claims to the South’s easternmost islets of Dokdo.
To lodge a formal protest over the report, South Korea’s fore…
SEOUL, South Korean stocks sank more than 2 percent Tuesday as Israel warned of a retaliation over Iran’s drone and missile attack over the weekend. The Korean won also fell sharply against the U.S. dollar.
The benchmark Korea Composite Stock Price …
SEOUL, President Yoon Suk Yeol apologized Tuesday after his ruling People Power Party (PPP) suffered a crushing defeat in last week’s parliamentary elections, saying he failed to look into what people want and uphold their will.
Yoon made the remark…
Iran launched a massive missile and drone strike against Israel early Sunday in retaliation against Israeli airstrikes on an Iranian consular building in Damascus, Syria, early this month that killed two Iranian generals. It was Iran’s first direct a…