South Korean stocks ended more than 1 percent higher Friday as investors’ hopes for U.S. rate cuts increased after the European Central Bank (ECB) cut interest rates for the first time in almost five years. The local currency rose against the U.S. do…

A potential discovery of oil and gas reserves off South Korea’s East Sea is “highly prospective,” Vitor Abreu, the owner and adviser of the U.S. geoscience research company Act-Geo behind the country’s oil exploration project, said Friday, citing the…

T’way Air, a South Korean low-cost carrier, said Friday it will open four new routes to Europe this year, taking over the four redundant passenger routes of Korean Air Co. under its planned integration with Asiana Airlines Inc.

In February, the Euro…

Former Gyeonggi Province Vice Gov. Lee Hwa-young, who is said to be close to opposition leader Lee Jae-myung, was sentenced by a court to nine years and six months in prison on multiple charges, including collusion in an underwear maker’s unauthorize…

A woman in her 30s arrested for abandoning her newborn at a garbage disposal and recycling area immediately after giving birth was sent to prosecutors for potential indictment on charges of attempted murder, police said Friday.

The 31-year-old is ac…

A South Korean delegation, led by former Land Minister Won Hee-ryong, has visited El Salvador to attend the inauguration ceremony of the reelected President Nayib Bukele, Seoul’s foreign ministry said Friday.

The delegation made a seven-day visit to…