S. Korea’s Army to deploy Baekho command post vehicle this year
SEOUL-- South Korea plans to start fielding an advanced command post armored vehicle in Army units later this year, officials said Monday, in a move to accelerate a high-tech program…
January 9, 2023
Chief editor of Hankyoreh newspaper steps down as reporter borrowed money from key figure in development scandal
SEOUL-- The editor-in-chief of the Hankyoreh newspaper stepped down on Monday as one of its senior reporters was found to have borrowed money from a key culprit in a high-profile…
Seoul stocks extend gains late Mon. morning on possible Fed slowdown
SEOUL-- Seoul shares extended gains late Monday morning as investors expect a slowdown in U.S. wage growth and contraction in the services sector may prod the Federal Reserve to go…
BOK expected to deliver another hike to fight inflation; experts remain divided over pivot timing
SEOUL-- The Bank of Korea (BOK) is widely expected to raise its benchmark interest rate at least by a quarter percentage point later this week amid worries over persistently-high inflation,…
Seoul stocks up for 4th day on possible Fed slowdown; won sharply up
SEOUL-- Seoul shares ended higher Monday amid expectations of slower U.S. rate hikes. The Korean won sharply rose against the U.S. dollar.The benchmark Korea Composite Stock Price Index (KOSPI) rose…
JCS chief visits key Navy, Air Force units
SEOUL-- South Korea's top military officer visited key Navy and Air Force units in the country's southern region on Monday and called for a robust readiness posture against "increasingly explicit"…