South Korea’s consumer sentiment rebounded in October as eased inflation and hopes for a rate cut may boost domestic demand, a central bank poll showed Wednesday.
The composite consumer sentiment index stood at 101.7 this month, up from the previous …
South Korea’s potential growth rate is forecast to stay at 2 percent for two years in a row, painting a gloomy picture of the country’s economic health and illustrating the need to address weak growth momentum.
The OECD projects Korea’s potential gro…
President Yoon Suk Yeol’s Monday meeting with People Power Party (PPP) chairman Han Dong-hoon was expected to yield bold results, especially since it was arranged after Han’s persistent requests. Han had openly stated his intention to bring up sensiti…
North Korean leader Kim Jong-un has once again called for enhancing the country’s war deterrence, including the readiness of its nuclear capabilities, in response to what he described as growing nuclear threats from the United States, state media said…
Little has come out of the tete-a-tete between President Yoon Suk Yeol and ruling People Power Party (PPP) head Han Dong-hoon. The two came away only to reaffirm their differences in dealing with the issues related to first lady Kim Keon Hee as the pr…
The Kia Tigers beat the Samsung Lions 8-3 to take a commanding 2-0 lead in the Korean Series on Wednesday, moving a step closer to their first South Korean baseball title in seven years.
The Tigers ambushed Lions starter Hwang Dong-jae for five runs …
A State Department spokesperson on Tuesday rejected the notion of the United States having a lack of confidence in South Korea’s intelligence confirming North Korea’s troop dispatch to support Russia’s war against Ukraine, as a cautious Washington has…
The Korean National Police Agency (KNPA) and Interpol’s secretariat jointly kicked off a three-day international conference in Incheon, west of Seoul, on Wednesday to discuss ways to predict the constantly changing global security environment and prep…
LG Innotek Co. on Wednesday reported its third-quarter net profit of 105 billion won (US$75.9 million), down 18.7 percent from a year earlier.
The company said in a regulatory filing that it posted 130.4 billion won in operating profit for the quarte…
Japan provided South Korea on Wednesday with another batch of passenger manifests from the 1945 sinking of a Japanese vessel that is known to have killed thousands of Koreans aboard.
The Ukishima Maru sank in waters off the Aomori Prefecture in Augus…