US, Taiwan Launch New Trade Pact
The U.S. launched a new trade pact with Taiwan on Wednesday, hoping to forge closer economic ties with the island territory that China claims as its own, while blunting Beijing’s…
June 1, 2022
Exports up 21.3 pct in May; trade deficit extended on high energy prices
SEOUL-- South Korea's exports rose 21.3 percent in May from a year earlier on solid demand for chips and petroleum products, but the country suffered a trade deficit due to…
Foreigners turn net buyers of S. Korean stocks as recession, China woes ease
SEOUL-- Foreign investors have snapped a monthslong selling streak and turned to a buying mode for South Korean stocks, data showed Wednesday, amid eased worries over a global recession and…
Ruling party PPP wins 10 of 17 key local election races: KBS-MBC-SBS exit poll
SEOUL-- The ruling People Power Party (PPP) was projected to win 10 of the 17 metropolitan mayoral and gubernatorial posts, including Seoul mayor, in Wednesday's local elections, according to a…
U.N. Command resumes education on rear bases in Japan after 3-yr hiatus
SEOUL-- The U.S.-led United Nations Command (UNC) resumed its educational program about the roles of its rear bases in Japan on Wednesday after a nearly three-year hiatus caused by the…
Movie theater attendance nears pre-pandemic level in May: data
SEOUL-- South Korean film attendance numbers nearly shot back up to the pre-pandemic level in May, data showed Wednesday, with a couple of big hits leading the charge.According to the…