A guided rocket was accidentally discharged from a patrol boat during a mock test and no damage has been incurred, the Navy said Tuesday.

The 130 millimeter Biryong guided rocket was discharged and fell into the East Sea and there was no human or ma…

Today (%) Previous Session(%) Change (BP)

1-year TB 3.155 3.156 -0.1

2-year TB 3.068 3.057 +1.1

3-year TB 2.988 2.978 +1.0

10-year TB 3.048 3.046 +0.2

2-year MSB 3.052 3.040 +1.2

3-year CB (AA-) 3.443 3.434 +0.9

(END)

Source: Yonhap News Age…

South Korea has decided to provide US$1 million in humanitarian aid to support relief efforts following a devastating landslide in southern Ethiopia, the foreign ministry said Tuesday.

“Our government hopes this aid will assist in the recovery of th…

Seoul shares extended losses late Tuesday morning as investors await the U.S. Federal Reserve’s rate decision and earnings from major tech firms this week.

The benchmark Korea Composite Stock Price Index (KOSPI) fell 28.92 points, or 1.05 percent, t…

Hanwha Aerospace Co., a defense industry unit of South Korea’s Hanwha Group, said Tuesday its second-quarter operating profit more than quadrupled driven by strong exports to Poland.

Its operating profit soared to a record 358.8 billion won (US$259….

Delivery services for food and light daily necessities using unmanned drones will begin next month across 32 select islands and 17 parks throughout the country, the Ministry of Land, Infrastructure and Transport said Tuesday.

The island regions wher…

While in Seoul for preseason matches this week, Tottenham Hotspur took care of another piece of business Sunday by announcing their signing of an 18-year-old South Korean forward Yang Min-hyeok.

Yang is the youngest South Korean ever to sign for a P…

President Yoon Suk Yeol on Tuesday lauded the selection of a South Korean consortium as the preferred bidder for the construction of two nuclear reactors in the Czech Republic, saying the project establishes a “bridgehead” for the country’s expansion…