SEOUL, The government on Monday unveiled a series of measures aimed at boosting the nation’s tourism sector amid signs of a robust recovery in the post-pandemic era.
The measures, announced during a meeting of economic affairs ministers, including t…
SEOUL, Foreign Minister Cho Tae-yul will preside over a U.N. Security Council (UNSC) open debate on North Korea’s growing cyber threats in New York later this week, Seoul’s foreign ministry said Monday.
The debate, due to take place Thursday (local …
SEOUL, Seoul shares opened lower Monday, after a mixed close on Wall Street, as investors remain concerned over a possible delay in long-awaited interest rate cuts by the U.S. Federal Reserve.
The benchmark Korea Composite Stock Price Index (KOSPI) …
SEOUL, Seoul shares ended lower Monday to snap a four-session winning streak, amid speculations over a possible delay in long-awaited interest rate cuts by the U.S. Federal Reserve. The Korean won fell against the U.S. dollar.
The benchmark Korea Co…
SEOUL, The government and financial firms agreed to set up a 1 trillion-won (US$723 million) reserve to issue refund guarantees (RGs) for midsized shipbuilders, officials said Monday.
It marked the first time in 11 years that banks have resumed issu…