South Korean Finance Minister Choi Sang-mok said on Thursday that the country is ready to take market stabilization measures if necessary, after the United States Federal Reserve cut its interest rates for the first time in over four years, Yonhap reported.
"Following the Fed's monetary policy pivot,...
South Korea's central bank Governor, Rhee Chang-yong, stated on Tuesday that inflationary pressure is easing and likely to stay contained."Given the slowdown in underlying inflation and inflation momentum, along with recent declines in oil and agricultural product prices, the trend of slowing inflation...
South Koreans started casting their ballots in the country's pivotal parliamentary elections as 14,259 polling stations across the country opened up on Wednesday, Yonhap reported.
With just over 30 million people eligible to cast their ballots, and 300 National Assembly seats up for grabs, the election...
Samsung Electronics Co. and ASML Holding N.V. reached a preliminary agreement to construct a research and development facility in South Korea, as stated by South Korea's Presidential Office.
The companies signed a memorandum of understanding (MoU) at ASML's headquarters in Veldhoven...
United States President Donald Trump signed a new trade agreement with South Korea on Monday.
Speaking alongside South Korean President Moon Jae-in in New York, Trump said that the revamped bilateral trade deal represents an example of cooperation on trade as well as a "historic milestone."...
Japan criticized South Korea on Friday for deploying a research vessel to the disputed waters around the Dokdo Islands (pictured) in the Sea of Japan, which have been administered by Seoul since the Second World War but are claimed by both countries. "We used diplomatic channels to demand that...
South Korean President Moon Jae-in thanked his United States counterpart Donald Trump on Tuesday for working towards achieving peace in the region as well as in the whole world. "President Moon said President Trump has achieved a great success in the North Korea - US summit, laying the...
North Korea demanded the release of its defectors it claims were kidnapped by South Korea, KCNA reported on Saturday. The government in Pyongyang recently canceled a high-level meeting with Seoul and threatened to call off the highly anticipated meeting between Kim Jong-un and...
North Korea announced it will stop nuclear tests and launches of intercontinental ballistic missiles from April 21, South Korean Yonhap reported, citing North's state media. The decision follows a meeting of the central committee of the Worker's Party of Korea.
"From April 21, North Korea will stop...
North Korea and South Korea set up a hotline between their leaders on Friday ahead of their April 27 meeting in the Demilitarized zone. The telephone line will enable direct communication between North Korean leader Kim Jong-un and South Korean President Moon Jae-in.
Earlier, Moon expressed...
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