President Yoon Suk Yeol has appointed his spokesperson Kim Soo-kyung as Vice Minister of Unification and named Jeong Hye-jeon, a senior administrator at the Public Relations Planning Secretary’s Office, as his new spokesperson. Lee Do-woon, the senio…

SEOUL: Seoul shares opened lower Wednesday as investors locked in profits following a two-session winning streak despite overnight Wall Street gains.

The benchmark Korea Composite Stock Price Index fell 2.17 points, or 0.08 percent, to 2,863.92 in th…

SEOUL: South Korea is seeking to solidify its alliance with the United States, moving beyond the outcome of the U.S. presidential election this November, the foreign ministry said Wednesday.

The ministry made the point as part of its key policy plans…

SEOUL: Prosecutors have sought a warrant to arrest Kim Beom-su, the founder of tech giant Kakao Corp., over alleged stock price manipulation connected to the firm’s takeover of K-pop powerhouse SM Entertainment last year, officials said Wednesday.

Th…

SEOUL: Banks in South Korea are expected to tighten their stances on extending loans in the third quarter of the year, a central bank survey showed Wednesday.

According to the poll of financial institutions, including 18 banks, conducted by the Bank …

SEOUL: A heavy rain watch was issued across parts of northern Gyeonggi Province on Wednesday, with 100 millimeters of rain per hour pouring in the border city of Paju, the state weather agency said.

As of 7 a.m., heavy downpours of 100.9 mm per hour …

SEOUL: South Korea’s land ministry said Wednesday it has signed a tentative agreement with Vietnam’s construction ministry to cooperate in city and town development projects in the Southeast Asian nation.

South Korean Land Minister Park Sang-woo sign…

DSI joins forces with relevant agencies to inspect Khao Kho District, Phetchabun Province, in a case of land occupation in 7 plots of national forest reserve, covering an area of ??approximately 70 rai.

Yesterday (16 July), Pol. Lt. Col. Yuthana Phr…