President Yoon Suk Yeol named Presidential Security Service chief Kim Yong-hyun as new defense minister while Defense Minister Shin Won-sik was named as new national security adviser, his office said Monday.
National security adviser Chang Ho-jin wa…
South Korean stocks closed more than 1 percent higher Monday, recovering from last week’s rout as concerns over a U.S. economic recession eased. The local currency lost ground against the U.S. dollar.
The benchmark Korea Composite Stock Price Index …
South Korea and the United States will begin a major combined military exercise next week to strengthen their joint defense readiness in the face of evolving North Korean military threats, the Joint Chiefs of Staff (JCS) said Monday.
The annual Ulch…
Krafton Inc. on Monday reported its second-quarter net income of 341.4 billion won (US$248.9 million), up 165.7 percent from a year earlier.
The company said in a regulatory filing that operating income for the April-June period rose 152.5 percent o…