Policymakers at South Korea’s central bank decided to maintain the benchmark interest rate at 2.5% on Thursday. The rate decision comes on the heels of new property restrictions in Seoul aimed at …
Panepinto Properties signs MOU for $5.1B South Korea project
Jersey City-based Panepinto Properties will oversee a $5.1 billion development effort in South Korea, including a new headquarters for Korean Air Lines. The independently owned and operated real …
South Korea seeks to arrest dozens of online scam suspects repatriated from Cambodia
Korean authorities said they seeking to formally arrest 58 of the 64 South Koreans repatriated from Cambodia for allegedly working for online scam organizations in Cambodia …
Nextrade has captured nearly 30% of South Korea’s $2.4 trillion stock market
South Korea’s brand-new stock exchange Nextrade has bulldozed its way into the country’s $2.4 trillion equity market, stealing nearly 30% of total trading value just months after launching in March.
Finance chief says S. Korean economy showing signs of ‘vitality’
Finance Minister Koo Yun-cheol said Monday that South Korea’s economy is gradually recovering from a prolonged slump and showing signs of “vitality,” vowing efforts to sustain the momentum. Speaking …
North Korean soldier defects to South Korea across the rivals’ heavily fortified border
A North Korean soldier has defected to South Korea across the rivals’ heavily fortified border. The South Korean military says it took the custody of the soldier who crossed the central portion of the …
Nvidia’s Jensen Huang slated to meet global business leaders at South Korea’s APEC summit
Over 1,700 business leaders from around the world, including Nvidia CEO Jensen Huang, are set to convene in Gyeongju, North Gyeongsang, later this month for the 2025 APEC CEO Summit, the largest …
South Korea sees higher chance of US trade deal by APEC summit
South Korea has a higher chance of reaching a trade deal with the U.S. by the time of the Asia-Pacific Economic Cooperation (APEC) summit in South Korea later this …
Trump holds golf meeting with South Korean business leaders: Report
South Korean delegation included conglomerate heads from Samsung, SK Group, Hyundai, LG, Hanwha – Anadolu Ajansı …
North Korean soldier defects to South Korea across heavily fortified border
It was the first reported defection by a North Korean soldier since a North Korean staff sergeant fled to South Korea via the border’s eastern section in August 2024. Despite the two border crossings, …