The U.S. Federal Reserve on Wednesday held its benchmark lending rate steady for a seventh consecutive time and projected one rate cut later this year as it noted “modest further progress” towards its 2 percent inflation target.
After the two-day Fed…
The U.S. Federal Reserve on Wednesday held its benchmark lending rate steady for a seventh consecutive time and projected one rate cut later this year as it noted “modest further progress” towards its 2 percent inflation target.
After the two-day Fed…
Kia Corp., Porsche Korea, Renault Korea and three other carmakers will voluntarily recall more than 36,000 vehicles due to faulty components, the transport ministry said Thursday.
The six companies, also including Toyota Motor Korea, GM Korea and Hyu…
The long-festering issue of North Korea’s human rights violations took center stage at a U.N. Security Council (UNSC) meeting on Wednesday as diplomats, experts and activists called for undiminished attention to the plight of North Koreans and its sec…
South Korea and the United States concluded their third round of negotiations to determine Seoul’s share of the cost for stationing the 28,500-strong U.S. Forces Korea (USFK) on Wednesday, the chief U.S. negotiator said, casting them as “productive.”
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