INCHEON, The chief of the Korea Coast Guard apologized Wednesday for "causing misunderstanding," days after the organization overturned its previous announcement that a fisheries official killed by North Korea in…
SEOUL, This year's rainy season will officially begin later this week with heavy rainfall across the country, the state weather agency said Wednesday.The Korea Meteorological Administration (KMA) said the onset…
SEOUL, North Korea has its own military and technical reason to carry out another nuclear test, as it needs a miniaturized nuclear warhead to be loaded on its newly developed…
SEOUL, Foreign currency deposits at banks in South Korea grew in May due to increased corporate savings, central bank data showed Wednesday.Residents' outstanding foreign currency-denominated deposits reached US$89.17 billion as…
SEOUL, South Korea's top central banker will head to Switzerland this week to attend the general assembly of the Bank for International Settlement (BIS), his office said Wednesday.BOK Gov. Rhee…
INCHEON, GM Korea Co., the South Korean unit of General Motors Co., said Wednesday it will launch the GMC brand in the second half, with the Sierra Denali set to…