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Outstanding foreign currency-denominated deposits held by residents came to $101.83 billion as of end-October, down $5.26 billion from a month earlier, according to data from the Bank of Korea.
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The conservative People Power Party (PPP) said Sunday it would “concede” to the Constitutional Court’s verdict on President Yoon Suk Yeol’s impeachment amid the delayed announcement of the ruling date.
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Korea’s consumer prices rose 2.4 percent in November from a year earlier, posting the highest on-year increase of 2025 for a second consecutive month as the weakness of the won sent the prices of imported products soaring.
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Korea's Finance Minister Choi Sang-mok said Sunday that last week's talks with the United States on its sweeping tariff scheme helped ease uncertainty and opened the door for orderly consultations.
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Despite U.S. President Donald Trump’s pledge to impose high tariffs to reduce the United States’ chronic trade deficit, the data tell a different story.
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Stocks ended flat as investors awaited the upcoming release of U.S. inflation data. The won fell against the dollar.
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Korea’s stock market is experiencing its most violent swings in years, with the Kospi recording the highest volatility among major global markets amid heavy foreign selling and aggressive retail trading in chipmakers that dominate the index.
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A tightening Chinese chokehold on heavy rare earth exports is forcing Korean manufacturers to the brink, exposing cracks in Seoul's strategy to secure critical minerals.
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Korea's on-year employment grew at a slower pace for the first time in four months in November, Statistics Korea data showed Wednesday.
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Korea Zinc will invest $7.4 billion to build a smelting facility in Clarksville, Tennessee, in a move under which the U.S. government itself will take the unusual step of investing directly in a foreign private company.
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Korea on Thursday began enforcing the world’s first comprehensive law governing artificial intelligence (AI), requiring watermarks on images, videos and audio created and distributed using generative AI.
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Korea is now the first country to enforce a comprehensive and nationwide artificial intelligence law. With the measure taking effect on Thursday, uncertainty remains over how its provisions will be interpreted and applied.
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The liberal Democratic Party (DP) proposed an impeachment motion against acting President Choi Sang-mok on Friday.
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Korea's foreign reserves rose for the sixth consecutive month in November to reach a three-year high, the central bank said Wednesday. The country's foreign reserves had stood at $430.66 billion as of the end of November.
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The U.S.-Japan-Australia rare earth partnership is not a military or ideological bloc. It is a pragmatic alliance grounded in mutual economic interests and industrial survival.
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Le Sserafim fans might be quite surprised when they hear the girl group’s new song “Hot” for the first time — but most pleasantly surprised.
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U.S. President Donald Trump said Monday he is increasing tariffs on Korean goods because the country’s national assembly has yet to approve the trade framework announced last year.<br/><br/>
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Auto, battery and related shares opened sharply lower on Tuesday after U.S. President Donald Trump threatened to raise auto and “reciprocal” tariffs on Korean goods, accusing Korea of delaying the implementation of a bilateral trade deal.
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Smart Republicans with an eye toward lasting political success will seek policies that do.
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Following on from the epic cliff-hanger, "Snowglobe 2" picks up where the last story left off.