By Hyonhee Shin SEOUL (Reuters) – North Korea’s parliament has outlined plans to normalise industrial production and meet its economic goals this year, despite the “worst-ever upheaval” amid the coronavirus…
SEOUL (Reuters) – The United Arab Emirates (UAE) has decided to invest $30 billion in South Korea’s industries, South Korea’s presidential office said on Sunday, as the two countries seek…
By Jihoon Lee SEOUL (Reuters) -South Korea will unveil a range of measures in the coming months to open its domestic financial markets, including plans to extend trading hours on…
SEOUL (Reuters) – South Korea’s unemployment rate rose to an 11-month high in December 2022, while the annual increase in employed people marked the smallest in 21 months, official data…
By David Shepardson WASHINGTON (Reuters) – The U.S. Federal Aviation Administration (FAA) said on Saturday it had agreed to partner with the Korea Office of Civil Aviation (KOCA) future Advanced…
US, South Korea In Talks To Cooperate On Nuclear Operations To Ward Off North Korean Threats Micaela Burrow on January 3, 2023 The U.S. and South Korea are discussing ways…
SEOUL (Reuters) – South Korea’s finance ministry said on Tuesday it was easing financial regulations on home buyers in most districts of the capital Seoul, in an effort to support…
SEOUL (Reuters) – South Korea’s central bank governor said on Tuesday the bank will do its best to ensure a soft landing for the economy amid significant internal and external…
SEOUL (Reuters) – South Korea’s factory activity shrank for a sixth consecutive month in December, a business survey showed on Monday, as the global economic downturn and a local truckers’…
SEOUL (Reuters) – The head of South Korea’s central bank said on Sunday it would likely face an increasing conflict between policy goals in 2023 as the effect of the…
By Joyce Lee and Hyonhee Shin SEOUL (Reuters) -North Korean leader Kim Jong Un has ordered the development of new intercontinental ballistic missiles and massive production of tactical nuclear weapons…
North Korea Launches At Least One Ballistic Missile On Last Day Of Record-Setting Year Micaela Burrow on December 30, 2022 North Korea launched at least one ballistic missile test Saturday…
SEOUL (Reuters) -South Korea will raise electricity prices for the first quarter of 2023 by 13.1 won per kilowatt-hour, a 9.5% increase that is the highest in four decades, its…
SEOUL (Reuters) – South Korea’s consumer prices in December rose 5.0% from a year earlier, official data showed on Friday, matching market expectations and the pace seen in November. The…
By Jihoon Lee SEOUL (Reuters) – South Korea’s exports likely extended their falling streak to a third straight month in December, a Reuters poll showed on Wednesday, with demand from…
South Korea Fires At North Korean Drones Invading Airspace Micaela Burrow on December 26, 2022 South Korean warplanes mobilized in response to North Korean drones intruding on their airspace, with…
By Hyonhee Shin SEOUL (Reuters) -Five North Korean drones crossed into South Korea on Monday and South Korea responded by scrambling jets and attack helicopters and opening fire to try…
By Josh Smith and Vijdan Mohammad Kawoosa (Reuters) – North Korea could hit almost anywhere on earth with a ballistic missile, analysts say, a capability it has honed alongside a…
North Korea Announces ‘Important’ Milestone In Development Of First Spy Satellite Micaela Burrow on December 19, 2022 North Korean said it achieved a milestone in the development of a military…
SEOUL (Reuters) – South Korea issued a strong protest against Japan’s territorial claim over disputed islands made in a national security strategy released on Friday while cautiously responding to Tokyo’s…
By Jihoon Lee SEOUL (Reuters) -South Korea’s mammoth state pension fund will hedge foreign exchange risks for up to 10% of its overseas investment compared with zero up to now,…
SEOUL (Reuters) – South Korea’s finance minister said on Thursday that local financial markets have comparably stabilised recently, while reaffirming that authorities will continue to take measures for the markets…
SEOUL (Reuters) – Most of the Bank of Korea’s policy board members called for closer attention toward signs of stress in local financial markets while agreeing to a rate hike…
By Josh Smith SEOUL (Reuters) – Satellite images show goods from Russia appear to be piling up in a North Korean railyard, about a month after trains were reported crossing…
By Heekyong Yang and Ju-min Park SEOUL (Reuters) -South Korea ordered truckers in the steel and petrochemical industries to end their strike on Thursday, widening a back-to-work decree beyond the…