Seoul shares closed higher Monday to extend their winning streak to a fifth day, backed by tech gains, as investors were digesting the U.S. Federal Reserve’s big cut last week. The local currency fell against the U.S. dollar.
The benchmark Korea Com…
South Korea will mobilize K2 tanks and K9 self-propelled howitzers to take part in combined drills in Qatar next month, marking the Army’s first overseas exercise of its kind, officials said Monday.
A contingent of some 100 soldiers, four K2 Black P…
South Korean defense firm LIG Nex1 Co. on Monday unveiled a plan to invest 5 trillion won (US$3.7 billion) and export its products to 30 countries by 2030, backed by an expanded anti-missile and unmanned weapons systems lineup.
LIG Nex1 CEO Shin Ick…
The National Assembly is expected to pass a bill this week increasing the maximum length of parental leave from two years to three years, a ruling party official said Monday.
Rep. Kim Sang-hoon, chief policymaker of the People Power Party, said duri…
Renault Korea Motors Co., the South Korean unit of Renault S.A., is expected to brace for a full-scale strike for the time being as wage talks with its labor union show little signs of progress, according to company and union officials Monday.
Union…