Seoul: Presidential chief of staff for policy Kim Yong-beom has offered to resign, and President Lee Jae Myung has accepted his resignation, a presidential spokesperson said Tuesday. Kim tendered his resignation the previous day, and Lee accepted it e…
South korean institutions’ investment in foreign securities rose sharply to a fresh record high in the second quarter:une, up $46.72 billion from three months earlier, according to the data from the Bank of Korea (BOK).
According to Yonhap News Agen…
Washington: The White House has consulted with a Pentagon agency to explore potential actions should U.S. President Donald Trump successfully negotiate a deal with North Korean leader Kim Jong-un, the director of the agency revealed. This development …
Seoul: Online shopping sales in South Korea increased by 7.3 percent in July compared to the previous year, driven by higher demand for food delivery services, data showed Tuesday. The value of online shopping transactions reached 25 trillion won (US$…
Seoul: President Lee Jae Myung’s recent decision to reshuffle six Cabinet ministers comes as a significant move in response to plummeting approval ratings and policy controversies. The reshuffle appears to be a strategic attempt to address policy blun…
Seoul: Unionized workers of Hyundai Motor Co., South Korea’s largest automaker, have voted to accept a wage deal for this year, including a 100,000 won (US$73) increase in monthly base pay, the union said Tuesday.
According to Yonhap News Agency, in…
Seoul: The science ministry said Tuesday it will seek a record budget for next year to secure investments in artificial intelligence (AI) as well as future technology drivers.
According to Yonhap News Agency, the 2027 budget proposal to be submitte…
Seoul: South Korean stocks rose for the second consecutive session Tuesday on gains in tech shares despite escalating tensions in the Middle East following a resumption of airstrike exchanges between the United States and Iran. The local currency lost…
