Daejeon: Korean Air Co. and Hyundai Rotem Co. announced a partnership to develop a reusable 35-ton-class methane rocket engine by October 2030. This initiative is

Seoul: South Korea aims to triple its onshore wind power capacity to 6 gigawatts (GW) by 2030 while lowering generation costs as part of efforts

Seoul: President Lee Jae Myung has expressed his appreciation for the cooperation of the main opposition party in the passage of the 2026 budget bill.

Seoul: South Korean stocks opened slightly higher Wednesday tracking overnight gains on Wall Street led by improved appetite for tech shares. The benchmark Korea Composite

Seoul: The foreign ministry’s budget for the year 2026 has been confirmed at 3.615 trillion won (US$2.46 billion), reflecting a reduction in the allocation for

Seoul: South Korea’s economy expanded at the fastest pace in nearly four years in the third quarter, buoyed by strong exports and improving private consumption,