A North Korean defectors’ group said Monday it could consider temporarily halting the scattering of anti-Pyongyang leaflets across the border if the North’s leader Kim Jong-un apologizes for the sending of trash-carrying balloons to South Korea.
Sin…
South Korean stocks traded sharply higher late Monday morning as key economic data revived optimism for a possible rate cut by the Federal Reserve.
The benchmark Korea Composite Stock Price Index had risen 52.28 points, or 1.98 percent, to 2,688.8 a…
The Seoul city government said Monday it will offer exceptional incentives to small and medium-sized companies that implement childbirth and child care promotion systems, such as payment of money gifts for birth and flexible work hours.
Incentives, …
The government will extend greater tax benefits and tailored support to smaller companies to help them become second-tier midsized firms in an effort to create quality jobs and spur growth momentum, the finance ministry said Monday.
A set of such su…
Private equity firm MBK Partners is set to sell the supermarket business unit of Homeplus Co., a discount store chain in South Korea, according to financial sources on Monday.
MBK Partners, which owns 100 percent of Homeplus, has put Homeplus Expres…
President Yoon Suk Yeol said Monday that a potentially massive oil and gas reserve could be buried off the southeast city of Pohang and drilling will begin later this year to determine whether it is real.
The reserve off Yeongil Bay in Pohang, about…
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