Economic growth in the second quarter matched the July estimate at zero-point-seven percent over the previous quarter.The Bank of Korea on Thursday released the quarterly data for the country’s gross domestic product(GDP), which remained unchanged from…
The benchmark Korea Composite Stock Price Index(KOSPI) fell 56-point-44 points, or two-point-28 percent, on Thursday, closing the day at two-thousand-415-point-61.The tech-heavy KOSDAQ also fell, losing 18-point-72 points, or two-point-32 percent, to c…
SEOUL– The prosecution has notified new leader Lee Jae-myung of the main opposition Democratic Party (DP) to appear for questioning next week, a party spokesperson said Thursday, denouncing the investigation as “political revenge.”Lee was asked to com…
SEOUL– President Yoon Suk-yeol met a special envoy of President of United Arab Emirates Mohammed bin Zayed Al Nahyan on Thursday and discussed the development of their countries’ bilateral ties, officials said.Yoon met Khaldoon Khalifa Al Mubarak, cha…
SEOUL– Police summoned former ruling People Power Party (PPP) leader Lee Jun-seok Thursday for questioning over allegations he received sexual services as bribery from a businessman about 10 years ago.Lee has been accused of receiving sexual services …
The Biden administration plans to name an ambassador at large for the Arctic amid growing awareness of the potential strategic importance of the region, for which China is the latest major power to stake a claim.It is not clear who the nominee will be,…
Super typhoon Hinnamnor is expected to head north and approach Jeju Island early next week.According to the Korea Meteorological Administration on Thursday, the season’s eleventh typhoon, currently southwest of Japan’s Okinawa, is likely to veer north …
The U.S. Department of Defense said that the ongoing joint military exercises between South Korea and the United States are defensive drills that contribute to the preservation of peace on the Korean Peninsula.Pentagon spokesperson Brig. Gen. Pat Ryder…