By Josh Smith SEOUL (Reuters) – South Korea’s defence minister threatened on Wednesday to unleash a “hell of destruction” on neighbouring North Korea in retaliation for any reckless actions. The…
By Jihoon Lee and Cynthia Kim SEOUL (Reuters) -South Korea’s exports beat expectations and accelerated in November as overseas sales of chips rose for the first time in 16 months,…
By Josh Smith SEOUL (Reuters) – Leading South Korean and U.S. companies announced billions of dollars in investments, joint ventures and other plans on Tuesday, as President Yoon Suk Yeol…
SEOUL (Reuters) -A top security adviser for South Korean President Yoon Suk Yeol said on Wednesday he had offered to step down. His resignation comes ahead of Yoon’s summit with…
SEOUL (Reuters) – South Korea’s household credit shrank in the fourth quarter of 2022, its first quarterly decline in nearly a decade, central bank data showed on Tuesday. The country’s…
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea’s POSCO Holdings on Monday forecast weak steel demand would persist into the first half of next year after a price…
SEOUL (Reuters) – South Korean President Yoon Suk-yeol said on Tuesday the current account would be in surplus for the whole of this year despite a trade deficit in recent…
By Hyonhee Shin SEOUL (Reuters) -South Korean President Yoon Suk-yeol asked U.S. President Joe Biden to help address Seoul’s concerns that new U.S. rules on electric vehicle subsidies will hurt…
SEOUL (Reuters) -South Korean President Yoon Suk-yeol and his U.S. counterpart, Joe Biden, are expected to discuss a currency swap, the Yonhap news agency said on Friday, quoting a senior…
By Cynthia Kim SEOUL – South Korea’s residential property prices are likely to drop by up to 2.8% in two years with a full percentage point hike in policy interest…
SEOUL – South Korea’s Hyundai Motor Group plans to ramp up its stake in a local startup specialised in autonomous driving technology and invest about 400 billion won ($308.19 million),…
By Choonsik Yoo SEOUL – South Korea’s financial supervisory and prosecution agencies said on Thursday they would strengthen monitoring and punishment of illegal stock short-selling following an order by the…
SEOUL – South Korean battery maker LG Energy Solution is set to supply batteries to Mahindra & Mahindra’s first electric sports utility vehicle (SUV), a source familiar with the matter…
By Cynthia Kim and Jihoon Lee SEOUL -South Korea’s June exports grew at their slowest pace in over 1-1/2 years as soaring inflation saps offshore demand for Korean goods, widening…
SEOUL – South Korea’s Hyundai Motor Co and its two affiliates plan to jointly set up a company in the United States to explore businesses, Hyundai Motor said on Thursday.…
SEOUL -South Korea’s top economic and financial officials agreed at a rare meeting on Thursday to strengthen coordinated efforts to keep the markets stable, while affirming containing inflation was the…
SEOUL -South Korean President Yoon Suk-yeol pledged on Tuesday to use all available supply-side measures to contain inflation, which is at its highest in more than a decade and continues…
SEOUL – South Korean President Yoon Suk-yeol told the government on Monday to do all it can to stabilise the cost of living in the face of inflation now poised…
By Hyonhee Shin SEOUL -South Korean President Yoon Suk-yeol’s plans to offer economic aid in return for denuclearisation could face an early challenge amid signs of an imminent North Korean…
By Joyce Lee and Byungwook Kim (Reuters) – South Korea’s SK Group said on Tuesday it was mulling investments in small-sized nuclear reactors and that one of the candidates was…
By Hyonhee Shin and Cynthia Kim SEOUL -South Korea’s incoming President Yoon Suk-yeol on Sunday named Choo Kyung-ho to be deputy prime minister and finance minister, as the country seeks…
By Soo-hyang Choi (Reuters) – South Korea’s president-elect Yoon Suk-yeol said on Thursday strong deterrence was crucial in the face of nuclear and missile threats from North Korea amid a…
By Hyonhee Shin SEOUL – Advisers to South Korea’s president-elect sought redeployment of U.S. strategic assets, such as nuclear bombers and submarines, to the Korean peninsula during talks held on…
By Josh Smith and Minwoo Park SEOUL – South Korean president-elect Yoon Suk-yeol, breaking with decades of tradition, said on Sunday he will move the presidential office from the Blue…
By Hyonhee Shin and Josh Smith SEOUL – North Korea’s main nuclear facility is in full swing, a new report said on Friday, the latest evidence to highlight the challenges…