S. Korea inks $477 mil. deal to export 19 Chunmoo rocket launchers to Croatia
South Korea has signed a deal to export 18 Chunmoo multiple launch rocket systems (MLRS) to Croatia in an arms contract worth some 640 billion...
Category : Finanace
Seoul launches $65 bil. plan targeting global top 3 city status by 2030
Seoul will invest 86.1 trillion won ($65 billion) through June 2030 in 100 projects aimed at placing the Korean capital among the world’s top three...
International students in Korea top 500,000 for 1st time on Korean cultural boom
The number of foreigners coming to study in Korea surpassed 500,000 for the first time last year, a more than sixfold increase over four years,...
President Lee wraps up France visit, heads home
PARIS — South Korean President Lee Jae Myung headed home Wednesday after wrapping up his four-day visit to France, where he focused on strengthening cooperation...
With large crowds attending, Norway lays King Harald to rest
OSLO — Norway’s King Harald V was being laid to rest on Wednesday, in a series of ceremonies marking the culmination of 13 days of...
Fitch, Moody’s offer positive assessment of 2027 budget proposal: gov’t
Global credit appraisers have offered positive assessments of Korea’s 2027 budget proposal, the government said Wednesday, stressing overseas institutions have recognized Seoul’s efforts to improve...
‘Mousetrap’ tops Netflix’s weekly non-English TV chart
The Korean suspense thriller “Mousetrap” reigned atop Netflix’s non-English TV series chart in its second week of release, the streaming platform said Wednesday. The Netflix...
Iran Guards say seized unmanned US submarine drone in Hormuz
TEHRAN — Iran’s Revolutionary Guards on Tuesday said they seized an American submarine drone in the strategic Strait of Hormuz, which Tehran has blockaded in...
Science ministry to inject $3.5 bil. to develop frontier AI model
Science ministry plans to invest 4.7 trillion won ($3.49 billion) for a project to develop a homegrown artificial intelligence (AI) model that will be on...
Can new defense minister nominee’s US ties help navigate alliance challenges?
Defense minister nominee Kang Shin-chul is drawing attention not only for his extensive military career, but also for his experience working closely with U.S. commanders...