South Korea achieved the average level in the product market regulation indicators set by the Organization for Economic Cooperation and Development (OECD) for the first time ever amid deregulation efforts, the finance ministry said Wednesday.
As a c…
Torrential rainfall battered South Korea’s southern regions Wednesday, leaving two people dead, one of them in a flooded elevator and the other in a collapsed house, authorities said.
Parts of North Jeolla Province experienced a record downpour star…
South Korea and Japan held joint talks between their senior defense officials in Tokyo on Wednesday, the defense ministry said, amid efforts to improve bilateral ties and deter threats from North Korea.
It marked the first time the director general-…
South Korea and the United States began a new round of negotiations Wednesday on the sharing of the cost for the upkeep of U.S. Forces Korea (USFK), officials said.
The three-day talks in Seoul mark their fifth round since the two countries launched…
One of three suspects behind the murder of a South Korean tourist in Pattaya, Thailand, was extradited home from Cambodia, nearly two months after his arrest, officials said Wednesday.
The National Police Agency said the suspect was brought home ear…
Seoul shares opened lower Wednesday, as investors sat on the sidelines after Federal Reserve Chairman Jerome Powell fell short of offering more details on the path of the Fed’s rate policy.
The benchmark Korea Composite Stock Price Index (KOSPI) fel…
