July 10, 2024

S. Korea, U.S. hold 5th round of talks on defense cost sharing

South Korea and the United States began a new round of negotiations Wednesday on the sharing of the cost for the upkeep of U.S. Forces Korea (USFK), officials said.

The three-day talks in Seoul mark their fifth round since the two countries launched…

Suspect in Pattaya murder case extradited home from Cambodia

One of three suspects behind the murder of a South Korean tourist in Pattaya, Thailand, was extradited home from Cambodia, nearly two months after his arrest, officials said Wednesday.

The National Police Agency said the suspect was brought home ear…

Seoul shares open lower as Powell withholds hints on rate cuts

Seoul shares opened lower Wednesday, as investors sat on the sidelines after Federal Reserve Chairman Jerome Powell fell short of offering more details on the path of the Fed’s rate policy.

The benchmark Korea Composite Stock Price Index (KOSPI) fel…