Business

South Korea Trials Container Ship on First Arctic Route Journey

In a significant move towards exploring alternative shipping routes, South Korea has embarked on its inaugural trial voyage through the Arctic's Northern Sea Route. This development comes as disruptions...

Heatwaves, Conflicts Drive Global Food Prices to Three-Year Peak

In July, global food prices soared to their highest in over three years, mainly due to extreme weather...

Chip Sell-Off Drives Kospi Down Over 10%, Asian Markets Decline

Asian stock markets experienced a downturn on Tuesday, primarily driven by a significant sell-off in South Korea. The...

AI Drives Surge in SK Eternix Stock Amid Renewable Energy Optimism

Investors are showing increased interest in SK Eternix, the renewable energy branch of South Korea's SK Group, as...

Lee Promises Aggressive Housing Reforms to Combat South Korea Property Bubble

In a bold move to avert an economic crisis, South Korean President Lee Jae Myung has committed to...

Japan, South Korea Boost Cooperation in Energy and Defense Sectors

Japanese Prime Minister Sanae Takaichi recently visited Andong, South Korea, where she engaged in discussions with South Korean President Lee Jae Myung. The meeting...

Xi and Putin Decide to Extend Their Treaty Further

In a significant diplomatic development, Chinese President Xi Jinping and Russian President Vladimir Putin have agreed to extend the China-Russia Treaty of Good-Neighborliness and...