The presidential office convened a regular session of its National Security Council(NSC) on Thursday and expressed serious concerns over the Russian troops’ alleged massacre of civilians in Ukraine. During the meeting presided over by National Security…
President-elect Yoon Suk Yeol has denied speculation about a clash with presidential transition team chairman Ahn Cheol-soo over Cabinet nominations. Speculation emerged on Wednesday when the list of nominations included some of Yoon’s close aides but …
SEOUL– The South Korean football leaders Ulsan Hyundai FC will be among four teams from the country to begin their pursuit of the Asian club title this week, with six matches on the horizon over the next two weeks.The group stage at the Asian Football…
SEOUL– POSCO Holdings Inc. on Thursday estimated its first-quarter operating profit at 2.29 trillion won (US$1.9 billion), up 43.8 percent from a year earlier.Revenue increased 32.3 percent to 21.3 trillion won. The data for net profit was not availab…
South Korea’s import prices soared to a record high in March amid soaring prices of oil and raw materials.According to data from the Bank of Korea on Thursday, the country’s import price index marked 148-point-eight in March, up seven-point-three perce…
The government has announced that seven companies will recall more than 54-thousand vehicles over faulty components.The Ministry of Land, Infrastructure and Transport said in a statement on Thursday that Ford Sales and Services Korea, Hyundai Motor and…
The Bank of Korea raised its key interest rate by a quarter percentage point on Thursday in a move to contain rising inflationary pressure.The central bank’s monetary policy board convened a rate-setting meeting and decided to raise the policy rate fro…
The benchmark Korea Composite Stock Price Index(KOSPI) rose zero-point-22 points, or zero-point-01 percent, on Thursday, closing the day at two-thousand-716-point-71.The tech-heavy KOSDAQ also rose, gaining zero-point-70 points, or zero-point-08 percen…