The South Korean financial authorities will maintain an enhanced market monitoring system and boost close coordination among relevant agencies against extended volatility in the global financial market, the finance ministry said Monday.
The commitme…
South Korean stocks tumbled more than 5 percent late Monday morning as fears of a U.S. economic slowdown weighed heavily on the local financial market, with a five-minute trade halt issued.
The benchmark Korea Composite Stock Price Index (KOSPI) had…
A U.S. armored unit is conducting a routine exercise to quickly deploy soldiers from the U.S. mainland to South Korea as part of efforts to maintain rapid response capabilities, the U.S. Army stationed in the South said Monday.
Last month, a battali…
An average of 12 tropical nights have been recorded nationwide so far this summer, surpassing the previous peak of about 10 days set in 2018, the weather agency said Monday.
Since the start of this summer through Sunday, an average of 12 tropical ni…