General

(LEAD) Seoul shares up for 3rd day ahead of U.S. inflation data

Seoul shares closed higher Thursday to extend their winning streak to a third day as investors also wait for the U.S. inflation data. The local currency gained against the U.S. dollar.

The benchmark Korea Composite Stock Price Index gained 23.36 poin…

S. Korea to start production of anti-aircraft laser weapon

South Korea will begin production of a laser weapon designed to strike down enemy drones for deployment this year, the state arms procurement agency said Thursday, amid efforts to acquire advanced weapons systems for future warfare.

Last month, the D…

Yoon discusses nuclear industry cooperation with European nations

President Yoon Suk Yeol held a series of talks with the leaders from the Czech Republic, the Netherlands, Sweden and Finland on Wednesday to discuss cooperation in the nuclear industry, hoping to boost South Korea’s bid in upcoming deals.

Yoon held s…