Seoul shares opened lower Wednesday, as investors sat on the sidelines after Federal Reserve Chairman Jerome Powell fell short of offering more details on the path of the Fed’s rate policy.

The benchmark Korea Composite Stock Price Index (KOSPI) fel…

The value of investment funds in South Korea rose sharply in the first six months of the year, data showed Wednesday.

The net asset value of investment funds here came to 1,069.5 trillion won (US$771.8 billion) as of end-June, up 98.1 trillion won f…

The Samsung Lions announced their signing of new outfielder Ruben Cardenas on Wednesday.

The Lions said Cardenas, 26, will make US$477,000 for the rest of this Korea Baseball Organization season.

Cardenas is replacing David MacKinnon in the Lions’ …

Arrest warrants to be issued for 6 masterminds of illegal oil tanker theft plot, found to have been in progress since May.

Pol. Col. Anek Taosuphap, deputy commander of the Crime Suppression Division, held a meeting on the case of 15 crew members wh…

Rep. Lee Jae-myung, former leader of the main opposition Democratic Party (DP), declared his bid on Wednesday for a second term as the party leader in the elections slated for next month.

“I will sacrifice everything I have to change ‘today’s despai…

The louder the voices about saving Thap Lan become, the more the locals in the area preparing to revoke 260,000 rai feel pain. They say society misunderstands the true condition of the area, which insists that there is no forest left. Meanwhile, the …

The People Power Party’s (PPP) leadership selection process is taking a surprising turn ahead of the ruling party’s national convention on July 23.

The disclosure on July 4 of texts sent by first lady Kim Keon Hee to former PPP interim chief Han Don…

One of three suspects behind the murder of a South Korean tourist in Pattaya, Thailand, was extradited home from Cambodia, nearly two months after his arrest, officials said Wednesday.

The National Police Agency said the suspect was brought home ear…