President Yoon Suk Yeol will travel to the United States next week to attend the North Atlantic Treaty Organization (NATO) summit in Washington and visit the U.S. Indo-Pacific Command in Hawaii, his office said Friday.

Yoon will visit Washington fro…

The ruling People Power Party (PPP) on Friday apologized for using the term “alliance” to refer to security ties between South Korea, the United States and Japan, saying it should have been “security cooperation.”

Ho Jun-seok, a spokesperson for the…

The nominee to head the Financial Services Commission (FSC) said Friday there is a need to scrap a planned introduction of the financial investment income tax, saying it may negatively impact capital markets.

Kim Byoung-hwan, a former vice finance m…

President Yoon Suk Yeol will travel to the United States next week to attend the North Atlantic Treaty Organization (NATO) summit in Washington and visit the U.S. Indo-Pacific Command in Hawaii, his office said Friday.

Yoon will visit Washington fro…

Foreign direct investment (FDI) pledges to South Korea fell 10.4 percent on-year in the first six months of this year amid economic uncertainties, data showed Friday.

The country received US$15.34 billion in FDI commitments in the January-June perio…

The unification ministry said Friday it has approved a plan to spend 815 million won (US$592,000) this year to conduct a survey on the fate of South Korean families separated by the 1950-53 Korean War.

The government plans to carry out the survey on…

Prosecutor General Lee One-seok on Friday denounced the main opposition party’s push to impeach four prosecutors, mostly involved in corruption investigations into former party leader Lee Jae-myung, as an illegal act.

The Democratic Party (DP) submi…

Police have booked a man in his 20s for leaving a deriding note at the site of this week’s deadly car crash in central Seoul that killed nine people and injured seven others, officials said Friday.

The Seoul Namdaemun Police Station said the man tur…