South Korea’s Red Cross on Thursday proposed providing humanitarian aid to North Korea over damage from the recent downpours in its northern border areas along the Amnok River, as the North is believed to have sustained huge casualties.

The Korean Re…

GM Korea Co., the South Korean unit of General Motors Co., said Thursday its July sales plummeted over 40 percent from a year earlier due to production delays caused by facility maintenance and negotiations over wages.

GM Korea sold 22,564 vehicles l…

South Korea seized its third consecutive Olympic gold medal in the men’s sabre fencing team competition on Wednesday in Paris, becoming just the second country ever to win at least three gold medals in a row in that event.

World No. 1 South Korea def…

Hyundai Motor Co., South Korea’s leading carmaker, said Monday its July sales slipped 1.4 percent from last year due to unfavorable market conditions, such as high interest rates and strong market competition.

Hyundai Motor sold 332,003 vehicles in J…

The U.S. Federal Reserve on Wednesday held its benchmark lending rate steady for an eighth consecutive time and noted “some further progress” towards its inflation target of 2 percent amid expectations that a rate cut could come in the coming months.
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