A North Korean defected to South Korea on Thursday by crossing “neutral waters” between the two Koreas, multiple military sources said.
The individual crossed the neutral zone of the Han River estuary located west of the inter-Korean land border and…
South Korean stocks ended a two-day rebound after the global crash as investor sentiment was dampened by lingering U.S. recession woes and the sluggish performance of big tech firms. The local currency slightly fell against the U.S. dollar.
The benc…
The industry ministry asked e-commerce platforms to make efforts to make payments to their vendors by the due date and manage their financial health to regain consumer trust, officials said Thursday.
The ministry made the appeal at a meeting with ex…
North Korea on Thursday appointed a new top envoy to Cuba, nearly five months after its former ambassador left the Caribbean nation following the establishment of diplomatic ties between South Korea and Cuba.
In a one-sentence announcement on its we…
A major South Korean state-run think tank on Thursday revised down its economic growth outlook for the country this year to 2.5 percent as weak domestic demand is forecast to constrain an export-led recovery.
The latest projection by the Korea Devel…
SK Biopharmaceuticals Co., a biopharmaceutical affiliate of SK Group, said Thursday it turned to net profit in the second quarter from a net loss a year ago, driven by higher sales.
Its net profit came to 24.6 billion won (US$17.8 million), turning …
