The agricultural ministry said Monday it has launched steps to purchase 50,000 tons of rice in order to stabilize its price.
The latest move comes in line with efforts to reduce the 150,000 tons of rice in storage, which was harvested in 2023, in th…
North Korea fired two ballistic missiles off in a northeastern direction Monday, South Korea’s military said, after warning of countermeasures against a joint military exercise held by South Korea, the United States and Japan.
The Joint Chiefs of St…
South Korea’s foreign exchange market for won-U.S. dollar transactions was extended until 2 a.m. starting Monday as part of the government’s efforts to enhance investors’ convenience and improve market access, the finance ministry said.
The operatin…
South Korea’s exports extended on-year gains to the ninth straight month in June on the back of record performance of semiconductors, data showed Monday.
Outbound shipments rose 5.1 percent on-year to US$57 billion last month, according to the data …
A subway maintenance train caught fire on a rail track between Dogok and Daechi stations in southern Seoul in the wee hours of Monday, but the fire was put out shortly afterward without affecting train services during the morning rush hour.
The blaz…