September 4, 2024

Foreign reserves up for 2nd month in Aug. on weak dollar

South Korea’s foreign reserves increased for the second straight month in August on the back of the increased value of non-U.S. dollar assets and investment gains, central bank data showed Wednesday.

The country’s foreign reserves had come to US$415…

(EDITORIAL from Korea Herald on Sept. 4)

Electrical grids, which deliver power to households, businesses and industrial sectors, are becoming increasingly important in recent years. Grids are having greater demand placed on them not only for the transition to green energy, but also for cutt…

(EDITORIAL from Korea Times on Sept. 4)

As the 22nd National Assembly got off to an inexcusably late opening Monday, President Yoon Suk Yeol was notably absent. This absence marked Yoon as the first president not to attend the legislature’s opening ceremony since the 11th National Assembly…

PGA Tour veteran Kim Si-woo selected for 3rd Presidents Cup

South Korean PGA Tour veteran Kim Si-woo has been chosen to play at his third Presidents Cup.

Mike Weir, the Canadian-born captain for the International Team, made Kim one of his six captain’s picks in Montreal, the host city for this year’s event, …