National Defense Ministry

The Korean Ministry of Land, Infrastructure and Transport's Metropolitan Area Transportation Committee said on Sunday that it would promote establis...

Korea last month saw its first rise in foreign exchange reserves in four months amid monetary authorities selling the greenback to avert a sharp dep...

The average household debt in South Korea has exceeded 90 million won ($69,284). While the figure appears to be high by Korean standards, average ho...

The first South Korea-overseas joint law firm is set to start operations in Seoul.The joint firm of Korean law firm Hwahyun and UK’s Ashurst h...

South Korean President Yoon Suk-yeol is set to lead the National Space Council, the country’s top control tower for space development, in a bi...

South Korean game developer NCSOFT Corp. announced on Friday that it won first place at this year’s Artificial Intelligence Grand Challenge, h...

The Korea SMEs and Startup Agency (KOSME) and Incheon International Airport Corp. (IIAC) on Wednesday announced their signing of a contract to bui...

The prestigious Seoul National University was the only university in South Korea to rank among the top 100 universities in terms of producing futu...

South Korea's birth rate in the third quarter this year set another all-time low of under 0.8, and the national population consequently declined f...

The Organisation for Economic Development and Co-operation (OECD) has cut its forecast for South Korea's economic growth next year to 1.8%, down fro...

A total of 103 companies, a mere 0.01% of the total number of corporations in South Korea, are paying more than 40% of the country’s total cor...

As restrictions to traveling across national borders loosen, the number of international travelers to both South Korea and Japan have been on the ri...

South Korea’s National Pension Service (NPS) is set to receive a tax refund of 30 billion won ($22.4 million) from the US Internal Revenue Ser...

South Korea's oil refining and energy giant GS Caltex has teamed up with leading domestic companies in their respective fields to enter the carbon c...

South Korea’s largest startup event ComeUp kicked off on Wednesday at the Dongdaemun Design Plaza (DDP). The annual event, which celebrat...

South Korea is set to establish a government body as early as the first half of 2023 to comprehensively control its immigration policy as Asia&rsquo...

When Oaktree Capital Management Co-Founder and Co-Chairman Howard Marks appears on TV, he is often asked whether to embrace a risk-on or risk-off st...

South Korean conglomerates are canceling promotional events through to the end of the year, following the tragic deaths of more than 150 people in t...

South Korea has moved a step closer to achieving a record 28 trillion won ($20 billion) in weapons exports this year, with Hanwha Defense Co. clinch...

Poland is on the verge of buying additional artillery rocket systems developed by Hanwha Defense Co., following a string of weapons purchase agreeme...

South Korea has joined hands with Chile in a move to cope with the US’ Inflation Reduction Act, as well as strengthen the two countries' ties ...

In an interview with The Korea Economic Daily, CEO of Onuii Go Yejin said she used to love contemplating a lot of random things since her elementary...

South Korea’s chemicals-to-defense conglomerate Hanwha Group needs to look ahead and prepare for the next century, its Chairman and CEO Kim Se...

FTSE Russell, a global index provider, added South Korea to the watch list for potential inclusion in its FTSE World Government Bond Index (WGBI), p...

South Korea is set to take measures to stabilize local stock and bond markets hit by global interest rate hikes amid growing risks of a worldwide ec...

South Korean arms maker Hyundai Rotem Co. has clinched a strategic partnership with Norway’s Kongsberg Defence & Aerospace AS to jointly d...

South Korea's leading weapons manufacturer Hanwha Group agreed on Monday to buy a controlling stake in Daewoo Shipbuilding & Marine Engineering ...

Daejeon-based Electronics and Telecommunications Research Institute (ETRI) is poised to further the development of semiconductor technologies for us...

NEW YORK – The South Korean government is poised to tap into its fund of funds to form a joint investment fund with venture capital firms in t...

South Korean defense makers showcased next-generation products with artificial intelligence, robot and stealth functions for the future battlefiel...