Global markets are on the rise Thursday on news of a potential effective vaccine for the novel coronavirus. European markets are continuing to make gains in mid-morning trading — the...
SEOUL, South Korean President Moon Jae-in formally requested that the EU permit imports of “samgyetang,” or Korean ginseng chicken soup, during his virtual summit talks with the European Union leaders...
BRUSSELS/SEOUL, The European Union (EU) has approved a guideline recommending its member states reopen their borders to 14 countries, including South Korea, after restricting all non-essential entries from outside the...
WASHINGTON, The United States supports the use of the World Trade Organization’s dispute settlement process to resolve trade issues between South Korea and Japan, a senior U.S. official said Thursday....
SEJONG, South Korea said Thursday it plans to revise a law to expand capital gains taxes to all stock investors beginning in 2023, while lowering a stock transaction tax. Under...
SEOUL, Exports of the Korean staple kimchi and the instant noodle ramyeon posted double-digit growth in the February-May period from a year earlier on increased online purchases amid the new...
SEOUL, The manufacturing output in the southeastern industrial city of Daegu and adjacent areas, once the epicenter of the new coronavirus outbreak here, fell in the second quarter due to...
SEOUL, South Korean stocks closed 1.42 percent higher Wednesday on the back of upbeat economic data from the United States and Europe and eased tensions with North Korea, analysts said....
SEOUL, South Korea’s economy continued to become more trade-dependent in 2018, with imports accounting for more than 14 percent of overall supplies here, a central bank report showed Wednesday. The...
SEOUL, South Korea’s financial market will continue to be stabilized, but the economic fallout from the new coronavirus pandemic may increasingly become more serious and real down the road, the...
SEOUL, South Korea on Wednesday launched a task force to commercialize urban air mobility (UAM) services in the domestic market in 2025. Around 40 organizations and companies joined UAM Team...
SEOUL, South Korean Trade Minister Yoo Myung-hee on Wednesday announced her bid for the top job of the World Trade Organization (WTO), saying she would make her utmost efforts to...