Seoul: The state arms procurement agency of South Korea has launched an 869 billion-won (US$624 million) initiative to develop a new homegrown missile system designed
Busan: A fishing vessel sank off the coast of the southeastern city of Busan, leaving the captain dead and one crew member missing, the Coast
Seoul: South Korea and Ukraine held vice ministerial-level talks to explore ways to strengthen economic cooperation and support Ukraine’s post-war reconstruction efforts, Seoul’s industry ministry
Seoul: The KOSPI 200 index witnessed a day of mixed performance as several major companies experienced declines, while some managed to record gains. The closing
Seoul: South Korea faces the risk of reaching a point where the central bank can no longer effectively cut interest rates due to population aging,
Seoul: President Lee Jae Myung announced his commitment to establishing lasting peace on the Korean Peninsula through dialogue and cooperation with North Korea. His statement
Seoul: President Lee Jae Myung announced his commitment to establishing lasting peace on the Korean Peninsula through dialogue and cooperation with North Korea. His statement
Seoul: South Korean space launch startup Innospace Inc. announced a significant US$5.8 million contract with Media Broadcasting Satellite (MBS), a German satellite communications company, for