South Korea and the United States will begin a major combined military exercise next week to strengthen their joint defense readiness in the face of evolving North Korean military threats, the Joint Chiefs of Staff (JCS) said Monday.

The annual Ulch…

The main opposition Democratic Party (DP) urged President Yoon Suk Yeol on Monday to withdraw the appointment of the new chief of the Independence Hall of Korea amid criticism of his controversial views accused of justifying Japan’s 1910-45 colonial …

President Yoon Suk Yeol will send former chief of staff Kim Dae-ki as a special envoy to attend the inauguration ceremony of new Dominican Republic President Luis Abinader, his office said Monday.

Kim plans to convey Yoon’s letter that congratulates…

President Yoon Suk Yeol will send former chief of staff Kim Dae-ki as a special envoy to attend the inauguration ceremony of new Dominican Republic President Luis Abinader, his office said Monday.

Kim plans to convey Yoon’s letter that congratulates…

South Korean stocks closed more than 1 percent higher Monday, recovering from last week’s rout as concerns over a U.S. economic recession eased. The local currency lost ground against the U.S. dollar.

The benchmark Korea Composite Stock Price Index …

South Korean stocks closed more than 1 percent higher Monday, recovering from last week’s rout as concerns over a U.S. economic recession eased. The local currency lost ground against the U.S. dollar.

The benchmark Korea Composite Stock Price Index …

South Korea and Turkey have agreed to extend their currency swap deal by three years, the Bank of Korea (BOK) said Monday.

In 2021, the two countries signed their first three-year, 2.3 trillion-won (roughly US$2 billion) currency swap agreement in a…

South Korea and Turkey have agreed to extend their currency swap deal by three years, the Bank of Korea (BOK) said Monday.

In 2021, the two countries signed their first three-year, 2.3 trillion-won (roughly US$2 billion) currency swap agreement in a…