The US and South Korean forces on Monday kicked off their large-scale five-day joint air drills, amid rising tensions on the Korean Peninsula, according to Anadolu Agency. The two countries…
Statistics Korea released ‘Monthly Industrial Statistics, September 2022’ report on October 31, 2022. The Index of All industry production in September decreased by 0.6 percent from the previous month. Source:…
Hours before dozens of Halloween party-goers were crushed to death in one of South Korea’s deadliest peacetime disasters, Maeng Geun-yeong, a private security guard at a nearby bar, says he…
North Korea on Monday demanded that the United States and South Korea stop large-scale military exercises, calling them a provocation that may draw “more powerful follow-up measures” from Pyongyang. “The…
SEOUL– LS Electric Co. on Monday reported its third-quarter net income of 13.8 billion won (US$9.7 million), up 52 percent from a year earlier. Operating profit for the July-September period…
Authoritarian regimes are significantly overstating their GDP (gross domestic product) growth, according to new research that uses satellite images of countries at night as a proxy for economic activity. The…