Seoul: South Korean stocks closed higher Thursday, extending their winning streak to a seventh session, driven by big gains in the defense and energy sectors.

Seoul: The Korea Interbank Offered Rates (KORIBOR) showed stability across most terms today, with only a slight change observed in the two-month term. These rates,

Seoul: A South Korean cargo ship has successfully rescued 23 foreign sailors from a sinking vessel in the Indian Ocean, as reported by Seoul’s oceans

Seoul: South Korea’s exports of information and communication technology (ICT) products rose 9.6 percent in May from a year earlier, driven by robust sales of

Seoul: Pilot error appears to have been behind a KF-16 fighter jet accident that occurred during air drills in Alaska earlier this week as the

Seoul: South Korea will expedite the ongoing trade negotiations with the United States with the new government in place, the new trade minister said Thursday,