Military readiness of the South Korea-U.S. alliance weakened “counterintuitively” during former President Donald Trump’s personal diplomacy with North Korean leader Kim Jong-un, a former top U.S. envoy to Seoul said Tuesday.
Retired Adm. Harry Harri…
The Bank of Korea (BOK) said Tuesday it expects consumer inflation to remain stable for the time being, reinforcing views that the central bank may consider a policy pivot.
BOK Deputy Gov. Kim Woong made the remarks after consumer prices slowed to t…
Bank of Korea (BOK) Gov. Rhee Chang-yong said Tuesday the time has come to “sufficiently consider” a rate cut as the nation’s consumer inflation cooled.
“In terms of stability of consumer prices, it is time to sufficiently consider lowering a benchm…
South Korean shares opened higher Tuesday, helped by large cap gains amid growing hopes for a U.S. rate cut.
The benchmark Korea Composite Stock Price Index (KOSPI) added 12.33 points, or 0.46 percent, to 2,693.33 in the first 15 minutes of trading….
POSCO International, a major South Korean trading firm, said Tuesday it has inked an agreement to purchase shares in an Australian mining firm for US$40 million to secure a supply of graphite from a Tanzanian mine.
POSCO International signed the ag…