South Korea’s oceans ministry said Wednesday it plans to offer more cargo space for local exporters and secure additional storage yards, addressing escalating concerns about prolonged shipping disruptions in the Red Sea.
The announcement followed a …
South Korean shares closed lower for the sixth consecutive session Wednesday as investors awaited U.S. inflation data. The local currency lost ground against the U.S. dollar.
The benchmark Korea Composite Stock Price Index (KOSPI) dipped 19.26 point…
South Korea is set to begin production of the KF-21 fighter jet this year as planned, the state arms procurement agency said Wednesday, in what would be a major milestone in the country’s pursuit of an advanced homegrown fighter.
The Defense Acquisi…
South Korean shares closed lower for the sixth consecutive session Wednesday as investors awaited U.S. inflation data. The local currency lost ground against the U.S. dollar.
The benchmark Korea Composite Stock Price Index (KOSPI) dipped 19.26 point…
Foldable smartphones, first launched by Samsung Electronics Co. about five years ago, have undergone remarkable developments and innovations in both performance and technology to meet consumer demands for more functionality and convenience.
The Gala…
Cheong In-kyo, named as South Korea’s new trade minister on Wednesday, is a scholar specializing in economic security with experiences of participating in key free trade agreement negotiations.
Cheong served as a researcher at the Korea Institute fo…
