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Korea’s defense industry is ‘writing new history,’ Yoon says at ADEX

President Yoon Suk Yeol said the next steps for Korea's defense industry are aerospace engineering and artificial intelligence, citing Korea's achievements in developing high-tech...

Korea plans fourth Nuri rocket launch for 2025

Korea is gearing up for the fourth launch of its homegrown space rocket Nuri in the second half of 2025, this time with an...

U.S. B-52 bomber to land in Korea for first time

A U.S. B-52 strategic bomber will land at Osan Air Base this week, marking the aircraft’s first landing on the Korean Peninsula. It will also...

Korea joins consortium for $2B nuclear project in Romania

Korea is participating in a 1.85 billion euro ($1.97 billion) project for a nuclear plant refurbishment in Romania through a tripartite consortium. State-run Korea Hydro...

Korea, Japan vow to counter North’s threats in revived strategic dialogue

Korea and Japan vowed to work closely on countering threats from North Korea in their first vice foreign ministerial strategic dialogue in nearly a...

Rising debt

 

Korea wants trilateral summit with China, Japan by year’s end

Korea wants to host a trilateral summit with China and Japan before the end of this year, a high-ranking Foreign Ministry official in Seoul...

Korea, Vietnam discuss trade at economic forum in Seoul

Korea Enterprises Federation (KEF) Chairman Sohn Kyung-shik and Ho Chi Minh City People's Committee Chairman Phan Van Mai discussed measures to boost Korea-Vietnam economic...

Crab-crazy Korea to solve Italy’s crustacean invasion

Korea, the biggest crab-loving nation in the world, is looking to import blue crabs from Italy, where the crustaceans are proving a headache. The blue...

Korea’s tax revenue to fall short by $44.5 billion, Finance Ministry says

Korea will collect 59.1 trillion won ($44.5 billion) less in tax this year than initially estimated due to dwindling corporate profits and the downturn...

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