A senior Saudi Arabian defense official will visit South Korea this week to examine key homegrown weapons systems, sources said Wednesday, amid growing bilateral defense industry cooperation.

Talal bin Abdullah Al-Otaibi, Saudi Arabia’s assistant mi…

Defense Minister Shin Won-sik called on special operations troops Wednesday to equip themselves with capabilities to “swiftly eliminate” the North Korean leadership if it starts a war against the South.

Shin made the call at the Army Special Warfare…

Samsung Electronics Co. said Wednesday it will expand its market share in organic light-emitting diode (OLED) TVs, where rival LG Electronics Co. remains the global market leader, with a focus on premium, large-sized products.

“Over the past two yea…

South Korean stocks ended higher Wednesday to hit the highest in 22 months, tracking overnight Wall Street gains driven by megacap tech stocks. The local currency fell against the U.S. dollar.

The benchmark Korea Composite Stock Price Index rose 11….

Today (%) Previous Session(%) Change (BP)

1-year TB 3.345 3.361 -1.6

2-year TB 3.340 3.357 -1.7

3-year TB 3.251 3.273 -2.2

10-year TB 3.331 3.335 -0.4

2-year MSB 3.339 3.350 -1.1

3-year CB (AA-) 3.899 3.917 -1.8

91-day CD 3.650 3.660 -1.0

So…

The low-interest rate program for low-income earners and small businesses will be expanded to provide benefits to more people and businesses, the financial regulator said Wednesday.

The program, launched September 2022, currently provides low-intere…