Shipping logistics experienced some disruptions around the country on Tuesday, the first day of a general strike launched by unionized truckers.Some cement factories, including one in Uiwang, Gyeonggi Province, were forced to suspend cement shipments d…
The prosecution’s special counsel has launched an independent investigation into the sexual violence case in the Air Force that led to the death of a female master sergeant last year.During a launching ceremony on Tuesday, the special counsel chief, Ah…
SEOUL– Seoul shares nosedived by over 1.5 percent Tuesday amid concerns about fast-growing inflation pressure that may strengthen monetary tightening in the United States and other major economies. The Korean won steeply fell against the U.S. dollar.T…
President Yoon Suk Yeol has named Credit Finance Association Chairman Kim Joo-hyun as the new head of the Financial Services Commission(FSC).The president also on Tuesday unveiled his picks for ambassadors to the UN, Japan, China and Russia.FSC chairma…
SEOUL– South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Tuesday it has clinched a 1.07 trillion-won (US$850 million) order to build four liquefied natural gas (LNG) carriers under a deal with a South Korean consortium…
New data finds that households in the bottom 20 percent income bracket spent more than 40 percent of their disposable income on food in the first quarter.According to the finance ministry and the Korean Statistical Information Service(KOSIS) on Tuesday…
The benchmark Korea Composite Stock Price Index(KOSPI) fell 44-point-31 points, or one-point-66 percent, on Tuesday, closing the day at two-thousand-626-point-34.The tech-heavy KOSDAQ also fell, losing 17-point-73 points, or one-point-99 percent, to cl…
South Korea beat Chile 2-0 in a football friendly on Monday, securing its first win out of four friendly matches ahead of the FIFA World Cup.South Korea, which ranks 29th in the FIFA rankings, faced off against ten-man Chile, which is number 28 in the …