Seoul: South Korea’s state arms procurement agency officially concluded a deal with Hanwha Ocean Co. on Friday to kick-start the development of a next-generation Navy

Pyongyang: North Korea has voiced strong disapproval of the United States Forces Japan’s (USFJ) decision to ramp up its troop presence as a strategy to

Seoul: Michelle Park Steel, the newly appointed U.S. ambassador to South Korea, has underscored the importance of fortifying the longstanding alliance between Seoul and Washington.

Seoul: South Korean stocks opened sharply higher Friday, surging by 13 percent, driven by gains in semiconductor shares stemming from an overnight rally in U.S.

Seoul: Daily foreign exchange (FX) trading by banks in South Korea hit an all-time high in the second quarter, driven by foreigners’ investment in the

Seoul: Lotte Card Co. has been slapped with 5 billion won (US$3.38 million) in financial penalties and a business suspension of 1.5 months over its