Defense Minister Shin Won-sik and top military officials discussed Wednesday ways to incorporate more data and artificial intelligence (AI) technology in the defense sector in a bid to help build a smarter military, his office said.

In the meeting, …

Hyundai Motor Group said Wednesday it has completed construction of an electric vehicle (EV) battery plant built jointly with LG Energy Solution Ltd. in Indonesia, allowing the South Korean automotive giant a fully-integrated EV production system in …

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

1-year TB 3.254 3.261 -0.7

2-year TB 3.199 3.209 -1.0

3-year TB 3.160 3.169 -0.9

10-year TB 3.274 3.289 -1.5

2-year MSB 3.207 3.209 -0.2

3-year CB (AA-) 3.624 3.634 -1.0

91-day CD 3.580 3.600 -2.0

So…

The South Korean government raised its forecast for economic growth in 2024 to 2.6 percent Wednesday, citing solid exports and a global economic recovery.

The latest projection marks a 0.4 percentage-point increase from its previous outlook presente…

The financial regulator imposed record fines Wednesday on two global investment banks (IBs) in South Korea for illegal stock short selling.

The Financial Services Commission (FSC) said it has imposed a combined 27.17 billion won (US$19.6 million) in…

Grappling with weak growth momentum, the South Korean government vowed Wednesday to prop up corporate value-up efforts through tax cuts and other incentives, and expand global networks by clinching more free trade deals.

They are part of comprehensi…

South Korea’s top nuclear envoy discussed the deepening military cooperation between North Korea and Russia in meetings on Korean Peninsula issues with foreign diplomats in Seoul, the foreign ministry said Wednesday.

Lee Jun-il, director general for…

The following are the key economic policy measures planned by the South Korean government for the second half of 2024. The measures are aimed to support small merchants and ordinary people, and to boost domestic demand by stabilizing prices and propp…