The finance minister also pointed out that South Korea’s premium on credit default swaps (CDSs) is still at low levels, indicating that the country’s financial health remains strong. The CDS premium …
Chinese, US nationals major buyers of apartments in South Korea
SEOUL: More than 80% of all apartment purchases by foreigners over the past seven years were made by US and Chinese nationals, an opposition party lawmaker says.
North Korea state media says recent missile tests meant to simulate strikes on South Korea, U.S. targets
State media for North Korea has released photos of missile tests said to be simulations for strikes on South Korean and American targets. NBC News’ Matt Bradley explains why North Korea has begun …
Exclusive: KLA to stop sales and service to China to comply with U.S. export curbs
U.S. chip toolmaker KLA Corp will cease offering some supplies and services from Wednesday to China-based customers including South Korea’s SK Hynix in compliance with recent U.S. regulations, a …
Renault CEO tours Korea unit run with Geely amid strategy reset
De Meo’s visit to South Korea was the first time he has visited the factory since … Nissan would also have to sign off on the plan for Geely to take a large stake in Renault’s gas-engine business, …
South Korea’s F-35A fighter jets had to be grounded 172 times over 18 months because of malfunctions
A lawmaker, citing Air Force data, said South Korea’s F-35s were “operationally unready” 234 times over an 18-month period ending in June.
Philippines Goes to Busan International Film Festival in South Korea
QUEZON CITY- The Film Development Council of the Philippines (FDCP) leads the Philippine delegation to the biggest film festival in Asia, the Busan International Film Festival (BIFF) happening in …
Signs abound South Korea’s economy is verging on a crisis. So why do experts say that is ‘very unlikely’?
A variety of economic indicators in September revealed the precarious state of the South Korean economy, but the government and economists maintain an economic crisis akin to 1997 or 2008 is ‘very …
North Korean missile test ‘simulates attacks on South Korea and US’
North Korea’s recent flurry of missile launches were “tactical nuclear” drills personally overseen by Kim Jong-un that simulated attacks on South Korea and US …
North Korea’s new missile tests ‘simulating attacks on South Korea and US’
North Korea fired two more short-range ballistic missiles into the sea yesterday morning, a few hours after a US aircraft carrier concluded joint naval drills i …