A bilateral double taxation avoidance treaty between South Korea and Turkey was to come into force next week, Seoul’s finance ministry said Friday.
The revised convention, set to take effect Sunday, sets the maximum rate of withholding tax in the so…
Foreign currency deposits rose in June to end a fifth straight month of decline as companies saved more U.S. dollar-denominated currency for import settlements and overseas investments, central bank data showed Friday.
Residents’ outstanding foreign…
Samsung Electronics Co. and its largest labor union are set to resume talks Friday, as the union has been on a strike since early last week over a wage hike, a source close to the matter said.
The management of Samsung Electronics sent a letter Thur…
North Korean leader Kim Jong-un has discussed the “importance and necessity” of military cooperation with Russia’s vice defense minister, state media reported Friday, as the two nations signed a mutual defense pact that calls for deeper military ties…
South Korea has resumed propaganda loudspeaker broadcasts toward North Korea for the first time in more than a month, the military said Friday, in response to the North’s latest round of its trash balloon campaign against the South.
The broadcasts t…
Some low-cost airlines and game companies in South Korea saw problems with booking or experienced interruptions in their servers Friday, industry sources said, in an apparent IT disruption that affected the global airline and financial sectors.
The …
