South Korea’s business community has submitted formal concerns to the U.S. Treasury Department regarding Washington’s policy to restrict American investments in China’s advanced technology sector, sources said Friday.
According to the sources, the K…
South Korean stocks ended almost 2 percent higher Friday to extend their winning streak to a fifth day, as a series of U.S. data soothed economic slowdown fears. The local currency gained ground against the U.S. dollar.
The benchmark Korea Composite…
Container shipping costs from South Korea to the U.S. east coast and Europe increased for the third consecutive month in July amid prolonged geopolitical risks in the Red Sea, data showed Friday.
The average shipping cost for a 40-foot container fro…
A four-day civil defense exercise will be held in Seoul next week, including an air raid evacuation drill on the last day, the city government said Friday.
It is part of the annual Ulchi exercise to be held across the nation from Monday to Thursday …
The average lending rate of major banks in South Korea dipped slightly from a month earlier in July, marking the third consecutive month of drop, data showed Friday.
COFIX, or the Cost of Funds Index, a benchmark lending rate for mortgage loans, cam…
Unification Minister Kim Yung-ho on Friday called on North Korea to respond to South Korea’s offer for an official dialogue channel, stressing that South Korea does not seek unification by absorption.
Kim made the call a day after President Yoon Suk…
