Washington: The U.S. Federal Reserve decided to hold its benchmark interest rate steady for the fifth consecutive time, despite ongoing pressure from President Donald Trump to lower the rate. This

Seoul: SK Innovation Co., South Korea’s leading refiner, announced on Thursday that its second-quarter net losses have widened compared to the previous year, largely due to declining oil prices and

Seoul: A special counsel team announced Thursday its intention to execute a detention warrant for jailed former President Yoon Suk Yeol this week to forcibly bring him in for questioning.

Seoul: South Korean stocks ended their six-day winning streak Thursday on profit-taking, as investors assessed the impact of the long-awaited tariff deal between Seoul and Washington on the industry and

Seoul: Japan initiates the conscription of Koreans into its military forces during its colonial rule over the Korean Peninsula. This decision marked a significant shift in Japan’s policy, as its

Washington: U.S. President Donald Trump announced on Wednesday that his administration has reached an agreement to reduce tariffs on South Korea to 15 percent from the initially proposed 25 percent.