South Korea’s financial system remains relatively stable, but debt payment burden and asset deterioration may increase amid extended monetary tightening, a central bank report showed Thursday.
In its report on financial stability, the Bank of Korea (…
U.S. Marines have joined a large-scale combined exercise at a high-tech training facility in South Korea for the first time, the South’s Army said Thursday, amid efforts to boost readiness against North Korean threats.
The two-week exercise began Mar…
U.S. Deputy Secretary of State Kurt Campbell emphasized the importance of stability on the Korean Peninsula as well as in the Taiwan Strait and the South China Sea during a call with his Chinese counterpart this week, the State Department said Wednesd…
South Korea’s top military officer on Thursday held video talks with his U.S. and Japanese counterparts to discuss trilateral efforts for security cooperation to counter North Korean military threats, Seoul’s military said.
The talks among Joint Chie…
A cruise ship named “Viking Orion,” transporting 886 tourists of 18 different nationalities, of them 458 are women, docked at Sihanoukville Autonomous Port in Preah Sihanouk province this morning for a day-long visit there.
Sailing under the flag of …
South Korea has failed to be added to the World Government Bond Index (WGBI) run by FTSE Russell, the London-based organization said Thursday.
South Korea will remain on its watch list for a potential upgrade to a market accessibility level of 2 from…
The Ministry of Water Resources and Meteorology (MOWRAM) has forecast rain accompanied by thunder, lightning and gusts across the country from Mar. 28 to 30.
According to the ministry’s new weather forecast released this morning, rain would cover 10 …
Ambassador to Australia Lee Jong-sup was set to attend an interagency meeting of South Korea’s ambassadors to six countries on defense cooperation on Thursday.
The meeting comes as criticism grew over Lee’s appointment and departure after revelations…
