SEOUL, The government plans to provide about 300 billion won (US$214.9 million) worth of financial support to defense companies this year by partially covering their interest payments, the state arms procurement agency said Tuesday.

The low-rate loa…

SEOUL, Ukrainian Ambassador to South Korea Dmytro Ponomarenko paid a visit to HD Hyundai Construction Equipment (HCE) Co. to explore opportunities for collaboration in rebuilding Ukraine after the war, the Korean company said Tuesday.

During his vis…

SEOUL, The unification ministry said Tuesday that North Korea is believed to have changed the official name of the birthday of late national founder Kim Il-sung to just “4·15” from the Day of the Sun.

Kim’s birthday, April 15, has been revered as th…

SEOUL/INCHEON, Bereaved families and government officials commemorated the victims of the deadly sinking of the ferry Sewol on Tuesday, marking the 10th anniversary of one of the country’s worst maritime disasters.

Interior Minister Lee Sang-min and…

SEOUL, The defense ministry on Tuesday reaffirmed capabilities to respond to North Korean missile threats amid renewed attention to the country’s air defense system after Israel repelled a missile barrage by Iran.

On Saturday, Iran launched more tha…

SEOUL, The Supreme Court on Tuesday finalized a suspended prison term for a former vice oceans minister charged with interfering with an independent panel’s investigation into the cause of the deadly sinking of the ferry Sewol in 2014.

Yoon Hag-bae,…