Seoul: Hanwha Ocean Co. announced that it has been chosen as the preferred bidder for South Korea’s ambitious Navy destroyer project valued at 7.8 trillion
Seoul: The Bank of Korea (BOK) anticipates a reduction in inflation for July, attributing this expected change to declining crude oil prices and government measures
Seoul: South Korea’s consumer prices have surged more than 3 percent from a year earlier for two consecutive months as of June, reflecting the ongoing
Seoul: Korea’s ambitious initiative to develop a second semiconductor cluster in the nation’s southwest represents one of the most significant industrial policies in its history.
Seoul: Prime Minister Han Seong-sook emphasized the urgent need for the government to prioritize controlling inflation after recent data revealed that consumer prices in South
Seoul: South Korea’s increasing reliance on semiconductor exports may expose the nation to external shocks and cyclical volatility, despite their role as a significant growth
Pyongyang: North Korea on Thursday highlighted its military achievements during the 1950-53 Korean War in a move seen as aimed at bolstering the regime’s unity
Seoul: The South Korean won continued its decline against the U.S. dollar on Thursday, primarily driven by sustained foreign selloffs of local stocks. The exchange