First Vice Finance Minister Kim Beom-seok said Iran's recent air strike on Israel will have a "limited" effect on crude oil supply chains. Kim made the statement Wednesday at an interagency meeting to ...

President Yoon Suk Yeol ordered all necessary measures to ensure the safety of South Korean people in the Middle East, in response to escalating tensions in the region upon Iran's ...

South Korea's central bank assessed that variables in both the domestic and overseas financial markets could expand in the foreseeable future following Iran's latest strike ...

Samsung Electronics is reportedly in the process of laying off ten percent of its workers in Southeast Asia, Australia and New Zealand, as part of its global workforce reduction.Citing ...

A sports ministry investigation has found that the Korea Football Association(KFA) violated its own rules when it hired Hong Myung-bo as the head coach of the national football ...

The Busan International Film Festival(BIFF) is set to start its ten-day run Wednesday. Asia’s largest film festival will kick off with a grand opening ceremony at 7 p.m.

Seoul National University College of Medicine has approved a leave of absence for medical students who have been refusing to attend classes all year. A spokesperson for ...

The finance ministry believes domestic demand has bottomed out and is now on the upswing.The ministry presented the assessment Monday at a meeting of economy-related ...

First lady Kim Keon-hee will face no charges for accepting a luxury bag and other expensive gifts from a Korean American pastor in 2022.The Seoul Central District Prosecutors' ...

President Yoon Suk Yeol will host a dinner for the floor leadership of the ruling People Power Party(PPP) on Wednesday. The meeting will be attended by PPP floor leader ...

Inflation slowed to the one-percent range in September, hitting its lowest point in over three years.  According to Statistics Korea on Wednesday, the consumer price index ...

Data shows that the government has borrowed more than 152 trillion won from the Bank of Korea(BOK) until the end of the third quarter. That’s about 115 billion U.S. dollars.The ...