The benchmark Korea Composite Stock Price Index(KOSPI) rose five-point-58 points, or zero-point-22 percent, on Tuesday, closing the day at two-thousand-553-point-52.The tech-heavy KOSDAQ also rose, gaining three-point-11 points, or zero-point-37 percen…
The Cayman Islands, a popular tax haven, was responsible for the second-largest amount of foreign direct investment(FDI) in South Korea after the United States during the first half of this year.According to the Ministry of Trade, Industry and Energy o…
WASHINGTON, Aug. 15 (Yonhap) — The United States strongly supports South Korea’s efforts to restart dialogue with North Korea and denuclearize the Korean Peninsula, a state department spokesperson said Monday.Department Press Secretary Ned Price also …
SEOUL– The top Chinese envoy in South Korea dismissed concerns about Seoul being “artificially decoupled” from Beijing under the conservative Yoon Suk-yeol administration that is openly seeking to bolster economic security on the basis of stronger tie…
SEOUL– President Yoon Suk-yeol said Tuesday he is thinking of bringing unspecified “changes” to better serve the people amid speculation he could shake up the presidential office to turn his approval ratings around.Yoon has been widely expected to car…
SEOUL– The main opposition Democratic Party (DP) rapped President Yoon Suk-yeol on Tuesday for pledging to swiftly improve relations with Japan in his Liberation Day speech a day earlier, saying the address failed to touch on thorny issues, like warti…
SEOUL– Prime Minister Han Duck-soo on Tuesday called for a new disaster response system to cope with climate change, as the heaviest rainfall in decades battered Seoul and its surrounding areas last week.”Due to climate change, unprecedented disasters…
SEOUL– The ruling People Power Party (PPP) on Tuesday endorsed members of its emergency leadership committee, completing the leadership transition that removes suspended party chief Lee Jun-seok from office.The PPP’s national committee approved the li…