Sales at Korea's duty-free shops surpassed W5 trillion for the first time in the first half of this year largely thanks to increasing foreign visitor numbers.
DPRK’s state radio has recently broadcast strings of indecipherable numbers, Seoul officials said on Tuesday, in a possible resumption of a cold war-era method of sending coded messages to spies operating in South Korea.
A top South Korean prosecutor has been arrested on charges of taking millions of dollars in bribes from the owner of Nexon, a leading online game maker, in a case that the country's media has portrayed as the epitome of corruption among its elite.
DPRK fired three ballistic missiles early on Tuesday (July 19), which flew between 500km and 600 km into the sea off its east coast, South Korea's military said, the latest in a series of provocative moves by the isolated country.
South Korea on Monday warned of the Democratic People's Republic of Korea (DPRK)'s readiness for its fifth nuclear test amid worries about increased activity in its main nuclear test site.
South Korea's central bank on Thursday revised down its 2016 growth forecast to 2.7 percent, the third downward revision in 2016 alone, as concerns mounted over the ongoing restructuring process in troubled shipbuilders and shipping lines that is expected to hit the economy in the second half.
South Korea yesterday announced the site where a US Thaad anti-missile defence unit will be deployed against DPRK's missile and nuclear threats.
South Korea's defense ministry on Wednesday announced an agreement with the United States to deploy the U.S. missile defense system, called Terminal High Altitude Area Defense (THAAD), in its southeastern region despite continued oppositions from neighboring countries.
The Democratic People's Republic of Korea (DPRK) on Monday denounced the United States for making the situation on the Korean Peninsula "extremely tense" through a series of moves, and vowed to take stronger countermeasures to defend the country.
The army of the Democratic People's Republic of Korea issued a warning Monday that it will take "physical measures" against the deployment of the Terminal High Altitude Area Defense (THAAD) in South Korea by the United States.
South Korean stocks, which rely heavily on Chinese consumers for revenue, continued a downward trend on Monday after Seoul and Washington decided last Friday to deploy the U.S. missile defense system, called Terminal High Altitude Area Defense (THAAD), in the South Korean soil.
The Democratic People's Republic of Korea (DPRK) warned Monday that it will take "physical measures" to cope with the U.S. deployment of Terminal High Altitude Area Defense (THAAD) in South Korea.
The military of the Democratic People's Republic of Korea (DPRK) issued a warning Monday that it would take "physical measures" to cope with U.S. deployment of Terminal High Altitude Area Defense (THAAD) in South Korea.
Military authorities of South Korea and the United States said Friday that they have decided to deploy an advanced U.S. missile defense system, called Terminal High Altitude Area Defense (THAAD), in the U.S. Forces Korea (USFK) stationed on the Korean peninsula.China expressed strong dissatisfaction with and resolute opposition to it.
The number of foreign cruise passengers visiting S.Korea nearly doubled in the first half of this year, according to the Ministry of Oceans and Fisheries on Monday.
Coastal cities in Shandong province are cashing in on the China-South Korea Free Trade Agreement to expand business in e-commerce, healthcare, creativity and high-end maritime equipment manufacturing.
Top leader of the Democratic People's Republic of Korea (DPRK) Kim Jong Un on Wednesday was elected chairman of a newly-created institution at the 4th session of the 13th Supreme People's Assembly (SPA), or the country's parliament.
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