SEOUL, South Korea logged a current account deficit in April, ending its 11th straight month of surplus due to a decreased trade surplus and dividend payments to overseas investors, central bank data showed Tuesday.
The country’s current account def…
SEOUL, South Korean shares were up late Tuesday morning, slightly extending earlier gains.
The benchmark Korea Composite Stock Price Index (KOSPI) gained 13.54 points, or 0.50 percent, to 2,714.71 as of 11:20 a.m.
The KOSPI had opened in positive t…
SEOUL, About 20 North Korean soldiers briefly crossed the inter-Korean land border earlier this week and went back to the North’s side after the South’s military fired warning shots, the Joint Chiefs of Staff said Tuesday.
The North Korean soldiers …
SEOUL, The chief policymaker of the main opposition Democratic Party said Tuesday no extra budget should be allowed for a project for potential offshore oil and gas reserves in the East Sea unless relevant data is submitted.
The remark came amid gro…
SEOUL, South Korean shares closed slightly higher Tuesday ahead of the Federal Reserve’s rate-setting meeting this week. The local currency fell slightly against the U.S. dollar.
The benchmark Korea Composite Stock Price Index (KOSPI) added 4.15 poi…
SEOUL, A cargo plane returning to Incheon International Airport, west of Seoul, due to mechanical problems suffered a flat tire on landing on Tuesday, leading to the temporary closure of parts of the airport’s runways, the airport authority said.
Th…
