South Korea will buy Standard Missile-3 (SM-3) shipborne interceptors from the United States to bolster the missile shield against North Korean threats, the state procurement agency said Friday.
The SM-3, a ship-based surface-to-air missile system u…
S-1 Corp. on Friday reported its first-quarter net profit of 40.7 billion won (US$29.5 million), down 15.4 percent from a year earlier.
Operating income for the January-March period was 48.8 billion won, down 21.9 percent from a year ago, the compan…
President Yoon Suk Yeol and opposition leader Lee Jae-myung will meet at the presidential office next Monday, an official said, their first sit-down since Yoon took office two years ago.
Hong Chul-ho, senior presidential secretary for political affa…
A defense cost-sharing agreement between South Korea and the United States represents the allies’ shared commitment to a “robust” security posture, a Pentagon spokesperson said Thursday following the first round of talks on the deal.
The two countri…
Kia Corp. on Friday reported its first-quarter net profit of 2.8 trillion won (US$2 billion), up 32.5 percent from a year earlier.
Operating income for the January-March period was 3.42 trillion won, up 19.2 percent from a year ago, the company said…