SEOUL– Foreign Minister Chung Eui-yong will fly to France next week to attend a ministerial council meeting of the Organization for Economic Cooperation and Development (OECD) aimed at discussing pandemic-driven economic and other challenges, his offi…
SEOUL– The top diplomats of South Korea and Iran held phone talks on Thursday to discuss Tehran’s money frozen here under U.S. sanctions and ongoing multilateral efforts to restore the 2015 Iranian nuclear agreement, the foreign ministry said.The talk…
SEOUL– Since making a sensation as a devoted bodyguard in the mega-hit TV series “Sandglass” (1995), seasoned actor Lee Jung-jae has portrayed handsome and dandy sweethearts or charismatic gangster leaders or kings in his subsequent projects, such as …
SEOUL– South Korean banks’ lending rates rose in August as the Bank of Korea (BOK) delivered its first pandemic-era rate hike, central bank data showed Thursday.The average interest rate charged on new bank loans came to 2.87 percent in August, up 0.1…
SEOUL– SK Broadband Co., a major South Korean internet service provider (ISP), said Thursday it has filed a lawsuit against Netflix to demand network usage fees after a local court ruled against the video streaming giant on the dispute earlier this ye…
SEOUL– POSCO, the world’s fifth-largest steelmaker by output, said Thursday it has broken ground on a 120 billion won (US$101 million) plant that will extract nickel and lithium, key materials for electric vehicle batteries.The plant by POSCO HY Clean…
SEOUL– Public support for the two leading presidential contenders — former Prosecutor General Yoon Seok-youl of the main opposition party and Gyeonggi Province Gov. Lee Jae-myung of the ruling party — both increased in an opinion poll released Thurs…
SEOUL– The Bank of Korea (BOK) said Thursday its net selling and buying of the U.S. dollar remained on par in the second quarter as part of its efforts to help ease fluctuations in the local currency market.In the first quarter, the BOK sold a net US$…