Seoul: The Bank of Korea’s Monetary Policy Board has reduced the benchmark interest rate by 25 basis points to 2.50 percent, while also cutting the

Seoul: Ten years ago, few believed that China could evolve from a producer of low-cost, generic goods into a global leader in advanced manufacturing. But

Seoul: North Korea has replaced senior military officials, including directors of the armed forces’ artillery and security bureau, during a meeting of the ruling party’s

Seoul: Unionized non-manufacturing workers at the chip giant SK hynix Inc. have entered into wage negotiations with management, demanding an 8.25 percent pay increase, industry

Pyongyang: North Korea has replaced senior military officials, including directors of the armed forces’ artillery and security bureau, during a meeting of the ruling party’s

Seoul: More than 12 million voters have participated in early voting for the upcoming presidential election, as reported by the national election commission on Friday.