SEOUL: South Korea’s imports of crude oil fell 2.5 percent on year in 2023, data showed Friday, as consumption of petroleum products declined last year.

South Korea imported 1.01 billion barrels of crude oil last year, down from 1.03 billion barrels …

SEOUL: A Seoul court on Friday dismissed a damages suit filed by Lee Dong-kwan, a former head of the state broadcasting watchdog, against local news channel YTN for covering allegations that his wife had received bribes in return for job favors.

Lee,…

SEOUL: President Yoon Suk Yeol vowed Friday to overcome North Korea’s provocations and other global challenges by strengthening trilateral cooperation with the United States and Japan.

Yoon made the pledge in a message read on his behalf at the openi…

South Korea’s potential arms support for Ukraine should not be viewed on the same footing as North Korea’s suspected delivery of munitions to Russia, given the illegal nature of Russia’s invasion, the chief of the North Atlantic Treaty Organization (…

By Lee Haye-ah

Prime Minister Han Duck-soo said Friday the government will consider adjusting the scope of its aid to Ukraine depending on the level of military cooperation between Russia and North Korea.

Han made the remark during the opening of t…

SEOUL: Unification Minister Kim Yung-ho said Friday the government will make efforts with “patience” to create conditions to bring North Korea back to the dialogue table, while bolstering trilateral cooperation with the United States and Japan against…

SEOUL: South Korea’s tax revenue fell 9.1 trillion won (US$6.55 billion) during the first five months of 2024, due mainly to the sluggish earnings of businesses, data showed Friday.

The government collected 151 trillion won in taxes over the January-…

China remains an onlooker while losing its influence over North Korea as Pyongyang is massively bolstering military cooperation with Russia, a White House official said Thursday, calling for Beijing to play a greater role for stability in the region….