General

Arms agency test-deploys multi-legged counter-terrorism robot

The state arms procurement agency said Monday it has test-deployed a multi-legged robot designed for counter-terrorism operations as part of a push to introduce advanced technologies to the military.

The Defense Acquisition Program Administration (D…

S. Korea, Turkey extend currency swap deal

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…

Exports rise 16.7 pct during first 10 days of August

South Korea’s exports rose 16.7 percent on-year in the first 10 days of August, data showed Monday, on the back of the strong performance of semiconductors.

Outbound shipments reached US$15.5 billion in the August 1-10 period, compared with $13.2 bi…

Carmakers move to disclose battery brand info amid EV fire scare

Carmakers in South Korea are moving toward disclosing the brand information of batteries used in their electric vehicles in response to consumer doubts over the safety of EV batteries.

Public concerns over EV safety have mounted in the country after…