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Presidential Office Seeks Meeting Between Yoon and Trump During South America Trip.
Seoul: President Yoon Suk Yeol’s office has been actively reaching out to the aides of U.S. President-elect Donald Trump to organize a meeting between the
Incumbent South Korean Olympic Chief Granted Permission to Run for Third Term Despite Suspension.
Seoul: The incumbent South Korean Olympic chief Lee Kee-heung has been granted the opportunity to run for a third term, despite a recent suspension issued
KDI Lowers South Korea’s 2025 Economic Growth Outlook to 2 Percent.
Seoul: A significant adjustment in South Korea’s economic outlook was announced as the Korea Development Institute (KDI) reduced its 2025 growth forecast to 2 percent.
North Korea and Russia Finalize Comprehensive Defense Pact Amid Rising Tensions.
Seoul: North Korean leader Kim Jong-un has officially ratified a defense pact with Russia, marking a significant development in the relationship between the two nations.
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Banks’ Net Income Falls in H1; Interest Profit Hits Record High: Data
Seoul: Net profits of South Korean banks fell in the first half of 2026, due mainly to a fall in non-interest income, while their interest
S. Korea’s Alcoholic Beverage Output Hits 27-Year Low in 2025 Amid Changing Drinking Trends
South korea: South Korea’s alcoholic beverage production fell below 3 million kiloliters (kl) for the first time in 27 years in 2025, indicating a decline
S. Korean Pharmaceutical Firms Invest Over 100 Billion Won in H1 for R&D
Seoul: South Korea’s leading pharmaceutical companies have each invested approximately 100 billion won (US$72.13 million) in the first half of this year for the research
Ex-President Moon Jae-in Travels to Mongolia for UN Desertification Conference
Busan: Former South Korean President Moon Jae-in departed for Mongolia on Sunday to attend a United Nations conference on desertification and meet with the Mongolian