Seoul: Combined vehicle sales of Hyundai Motor Co. and Kia Corp. in the United States climbed 17.4 percent on-year in October thanks to increased demand for the automakers’ hybrid models, the companies said Monday. The companies’ combined U.S. sales t…
Sejong: South Korea and the Inter-American Development Bank (IDB) have reached an agreement to expand their collaborative efforts on development projects aimed at supporting Latin America’s growth, as announced by Seoul’s finance ministry. During the …
Seoul: President Yoon Suk Yeol on Monday called for thorough countermeasures against the “illegal” military cooperation between North Korea and Russia, emphasizing that the growing alliance between Pyongyang and Moscow poses a significant security thr…
SEOUL: North Korea has constructed 11-meter-high earthen mounds to fully obstruct inter-Korean roads that it destroyed last month, as reported by South Korea’s military on Monday. This move marks a continued effort by Pyongyang to sever ties with Sout…
SEOUL: The Korea Interbank Offered Rates (KORIBOR) remained stable across most terms as reported at 11:00 a.m. by Yonhap Infomax, the financial news and information arm of Yonhap News Agency. The rates, essential for financial institutions when lendin…
Seoul: The foreign home helper program in Seoul, which currently employs migrant workers exclusively from the Philippines, is set for expansion to include several other Southeast Asian countries next year, as announced by the city government and the l…
Seoul: Ruling party leader Han Dong-hoon on Monday called on President Yoon Suk Yeol to issue a public apology and reshuffle aides at the presidential office to address growing concerns over allegations surrounding the first lady. Han of the People Po…
Beijing: South Korea’s top envoy to Beijing made a significant visit earlier this year to a Chinese facility where a South Korean national is detained on espionage charges, a senior official from the South Korean embassy revealed on Monday. Ambassador…
Seoul: SK Innovation Co. announced on Monday that it experienced a net loss in the third quarter, primarily due to decreased refining margins. In the three months leading up to September, South Korea’s leading refiner reported a net loss of 588.1 bill…
SEOUL: NCSOFT Corp. on Monday reported its third-quarter net loss of 26.5 billion won (US$19.3 million), swinging from a profit of 44 billion won a year earlier. The South Korean gaming giant released its financial results, highlighting a significant …