SEOUL, SK Networks Co. on Tuesday reported its 2023 net profit of 5.5 billion won (US$4.1 million), down 94 percent from a year earlier.

The company said in a regulatory filing that operating income for the year rose 33.6 percent on-year to 237.3 bi…

SEOUL, Seoul shares opened higher Tuesday as investors expect the U.S. Federal Reserve to start easing this year due to continued disinflation.

The benchmark Korea Composite Stock Price Index (KOSPI) rose 33.23 points, or 1.27 percent, to 2,653.55 i…

SEOUL, South Korea’s exports fell nearly 15 percent on-year in the first 10 days of February due mainly to fewer working days, data showed Tuesday.

Outbound shipments reached US$15.01 billion in the Feb. 1-10 period, compared with $17.57 billion tal…

WASHINGTON, The North Atlantic Treaty Organization (NATO) provides “actual security” for America, the State Department said Monday, amid a controversy over former President Donald Trump’s recent suggestion that he would “encourage” Russia to attack N…

BUSAN, Cho Kuk, the scandal-tainted former justice minister, said Tuesday he will create a new political party to run for the April 10 general elections.

Cho made the announcement at a news conference in the southeastern port city of Busan, saying h…

WASHINGTON, — A White House official on Monday highlighted strengthened trilateral cooperation with South Korea and Japan among key achievements of the Joe Biden administration’s Indo-Pacific Strategy unveiled two years ago.

During a press briefing…