The Bank of Korea (BOK) signaled more rate hikes ahead after raising its benchmark interest rate by 25 basis points to 2.75 percent on Thursday, its first increase in three and a half years, as policymakers seek to curb rising inflation and...
Thailand’s navy is reportedly leaning toward Hanwha Ocean to build its next frigate, favoring the Korean firm over its crosstown rival HD Hyundai Heavy Industries and Turkey’s Asfat, amidst the country’s delicate political situation...
— People walk past national flags at Bexco in Busan on July 16. Officials took down the flags later that day ahead of the 48th session of the Unesco World Heritage Committee. During the event, which will run from July 19 to 29, Korea will fly...
Korea is banning the launch of new single-stock leveraged exchange-traded funds (ETF) and raising the minimum required deposits by threefold to 30 million won ($20,300), financial regulators said on Thursday, after citing the products as...
Minister of Interior and Safety Yun Hojung apologized on Thursday over allegations of a police cover-up in an investigation into the murder of a high school student in Gwangju, promising to root out corruption within the force and...