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Korea’s central bank sharply raised its economic growth forecast for this year on Thursday, in a move that aligns with its signal of further interest rate hikes ahead. Its monetary policy board, however, kept the benchmark rate unchanged at 2.5...
At the beginning of Canada’s closely watched $40 billion submarine bidding process, Korea appeared to be somewhat behind Germany, but the tide has since shifted, largely thanks to a hefty investment package that includes local...
— The Air Force’s Black Eagles aerobatic team performs at the Combined Joint Live-Fire Exercise held at Seungjin Fire Training Field in Pocheon, Gyeonggi, on May 28.
Busan became the stage for a rare political showdown on Wednesday as both current President Lee Jae Myung and former President Park Geun-hye campaigned in the battleground city just a week before the June 3 local elections. Sitting...