South Korea

Poland buys $6 billion worth of military equipment from South Korea

Poland buys $6 billion worth of military equipment from South Korea

Because of Russia's war of aggression in Ukraine, Poland is buying heavy military equipment in South Korea for about $5.8…

Korea: The central bank raised interest rates by 25 basis points

The Bank of Korea raised interest rates by 25 basis points, returning to its usual pace of tightening, as Governor…

South Korea: Joint military high schools with US amid concern over Pyongyang’s missile tests

South Korea and the United States began their annual joint military drills today, seeking to boost their readiness against North…

North Korea rejected the South’s proposal for denuclearization

The powerful sister of North Korean leader Kim Jong-un today rejected South Korea's offer of financial aid in exchange for…

South Korea proposes aid plan in exchange for North Korea’s denuclearization

South Korean President Yun Suk-yeol announced today that he is offering Pyongyang a major aid package in exchange for denuclearization,…

EU-N. Korea: Potential violation of WTO rules by US tax breaks for the purchase of electric vehicles

The European Union and South Korea have raised concerns over proposed US tax breaks for the electric vehicle market, saying…

South Korea: The de facto leader of the Samsung group received a presidential pardon

The heir and de facto leader of conglomerate giant Samsung was granted a presidential pardon today, a development that adds…

Pyongyang decried Pelosi’s visit to South Korea

The Pyongyang regime today decried US House Speaker Nancy Pelosi's visit to South Korea, decrying her claims of "deterrence" of…

Inflation in South Korea hits 24-year high in July

Inflation hit a 24-year high in South Korea in July, but other data suggest the pace of price increases may…

South Korea: Reported trade deficit for fourth consecutive month

South Korea posted a trade deficit for a fourth straight month in July as energy imports rose and exports to…