The government on Wednesday set aside 6.8 trillion won (US$4.9 billion) for official development assistance (ODA) in 2025, an 8.5 percent increase from this year.
The decision was made during a meeting of the government committee on official develop…
The Marine Corps on Wednesday resumed a full-scale live-fire exercise on islands near the tensely guarded western inter-Korean maritime border for the first time in seven years.
The resumption came as South Korea fully suspended the 2018 inter-Korea…
The Bank of Korea (BOK) said Wednesday that risks on short-term financing to construction projects have grown due to a slump in property markets and rising costs of construction materials.
In a report, the BOK said the total value of outstanding sho…
Prime Minister Han Duck-soo said Wednesday that South Korea is not at a stage to consider its own nuclear armament “for now,” given the United States has agreed to use its nuclear weapons to defend its ally.
Han made the remark during a meeting with…
North Korea has held anti-U.S. rallies across the country to mark this week’s anniversary of the outbreak of the 1950-53 Korean War, state media reported Wednesday.
More than 100,000 people attended the massive rally at the May Day Stadium on Tuesda…
Competing in one Olympic Games is difficult enough, as they only happen every four years. So much can happen to an athlete in those intervening years — injuries, age-related decline and loss of motivation, among others.
This summer in Paris, South …
The finance ministry said Wednesday it will provide low-interest loans of 17 trillion won (US$12.22 billion) next month for corporate investment in the semiconductor industry and will push to extend tax benefits for investment in strategic technologi…