SEOUL, Russian President Vladimir Putin has thanked North Korean leader Kim Jong-un for showing heartfelt hospitality during his visit to Pyongyang last week, saying bilateral ties have been boosted to an “unprecedentedly high level,” the North’s sta…

SEOUL, The head of South Korea’s financial regulator called for “balanced” efforts to both promote and oversee virtual asset transactions Tuesday.

Kim Joo-hyun, chief of the Financial Services Commission (FSC), made the call as the Cabinet passed an…

Democratic Party (DP) leader Lee Jae-myung resigned Monday as head of the majority party with less than two months left before the national convention on August 18 to elect its new leadership. Lee said he will soon make a decision on his rebid for th…

SEOUL, South Korea has denounced “any acts” that help North Korea build up its military capability as a violation of U.N. Security Council (UNSC) resolutions, calling on the international community for a “stern” united response to such activities.

D…

Relations between South Korea and Russia have significantly deteriorated, prompted by recent mutual accusations about a military cooperation agreement between North Korea and Russia. On Sunday, South Korea reaffirmed its strong commitment to supplyin…

SEOUL, South Korea’s workforce declined in 2020, with the numbers of income earners and the self-employed on the wane and more women landing more regular jobs, central bank data showed on Tuesday.

As of end-2020, the total number of employed workers…

Food is 56 percent more expensive in Korea than in member countries of the Organization for Economic Cooperation and Development (OECD), according to a Bank of Korea report last week.

Prices of clothing and shoes were 61 percent higher than the OECD…

SEOUL, Chinese Ambassador to Seoul Xing Haiming said Tuesday he is “deeply saddened” by the loss of 17 Chinese nationals in a battery plant fire in Hwaseong the previous day.

Xing’s comments were posted on the Chinese Embassy’s social media account …