North Korean leader Kim Jong-un has overseen a performance test of various drones, calling for the development of more suicide drones to enhance war preparedness, state media reported Monday. Kim supervised the test organized by the Drone Institute of the Academy of Defence Sciences on Saturday, according to the Korean Central News Agency (KCNA). In the test, the drones flew

Loans extended by insurance firms in South Korea dropped in the first half of the year amid a slight rise in their loan default rate, data showed Monday. Outstanding loans extended by insurance companies here came to 266.4 trillion won (US$200.4 billion), down 6.8 trillion won from six months earlier, according to the data from the Financial Supervisory Service. From

North Korean leader Kim Jong-un has overseen a performance test of various drones, calling for the development and production of more suicide drones to enhance war preparedness, state media reported Monday. Kim supervised the test organized by the Drone Institute of the Academy of Defence Sciences on Saturday, according to the Korean Central News Agency (KCNA). In the test, the

Two South Korean players have qualified for the final playoff event of the PGA Tour, with one having extended his appearance streak to six while the other is about to make his debut. Im Sung-jae and An Byeong-hun stayed safely inside the top 30 in the FedEx Cup points standings following the conclusion of the second playoff event, the BMW

The following is the weather forecast for South Korea’s 12 major cities at 9:01 a.m. Monday. Temperature (C) Condition Possibility High/Low of Rain (%) Seoul 31/25 Cloudy 30 Incheon 30/26 Cloudy 30 Suwon 32/24 Cloudy 30 Cheongju 33/26 Sunny 60 Daejeon 33/25 Sunny 60 Chuncheon 31/23 Heavy Rain 60 Gangneung 31/25 Heavy Rain 60 Jeonju 33/25 Cloudy 30 Gwangju 33/25

South Korean shares opened slightly higher Monday amid growing hopes for a U.S. rate cut. The benchmark Korea Composite Stock Price Index (KOSPI) added 2.85 points, or 0.11 percent, to 2,704.54 in the first 15 minutes of trading. The increase follows sharp gains on Wall Street, prompted by remarks from U.S. Federal Reserve Chair Jerome Powell that hinted at the

North Korean leader Kim Jong-un has ordered the construction of more modern hospitals as part of ongoing efforts to develop underdeveloped regions outside of Pyongyang, state media reported Monday. The direction was issued during Kim’s visit to various regional factories currently under construction on Saturday and Sunday, where he “put forth a new policy to accelerate the implementation of the

Three South Korean golfers have locked down automatic spots for this year’s Presidents Cup, a biennial match play competition between the United States and a team of non-European international players. Hours after the conclusion of the BMW Championship in Colorado on Sunday (local time), the Presidents Cup organizers unveiled the top six players on the International Team who had earned