Imported car purchases among those in their 20s and 30s fell nearly 18 percent on-year in 2023 amid a slowdown of the economy and high interest rates, industry data showed Thursday.
According to data from the Korea Automobile Importers and Distribu…
Second Vice Foreign Minister Kang In-sun will visit Canada next week to attend a U.S.-led multilateral meeting on the global critical minerals supply chain, the foreign ministry said Thursday.
Kang will participate in the Minerals Security Partnershi…
South Korean stocks started lower Thursday tracking overnight losses from Wall Street, as the U.S.’ fourth-quarter economic growth was slower than earlier estimated.
The benchmark Korea Composite Stock Price Index (KOSPI) fell 20.49 points, or 0.77 p…
North Korea has begun the construction of factories, state media reported Thursday, as its leader Kim Jong-un called for the development of backward provinces amid prolonged economic difficulties.
Kim attended the groundbreaking ceremony for the cons…
Sweden’s ambassador-designate to Pyongyang has been visiting North Korea amid prospects that European countries may reopen their diplomatic missions in the reclusive country following years of North Korea’s COVID-19 border shutdown.
Chinese Ambassado…
Hanwha Corp. on Thursday reported its 2023 net profit of 1.63 trillion won (US$1.2 billion), down 18.6 percent from a year earlier.
Operating profit for the year was 2.41 trillion won, up 1.8 percent from the previous year, the company said in a regu…
Abuja: At a bustling food market in Nigeria’s capital, Mummy Christiana breaks down in tears as she describes how a conflict thousands of kilometers away leaves her family struggling to