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Hyunmoo missile fails for the second timeA Hyunmoo-2C ballistic missile fired from a military base in Gangneung on Tuesday malfunctioned and crashed into the ground. The …Oct. 06, 2022 07:51
N. Korea threatens missile strike on GuamNorth Korea fired an intermediate-range ballistic missile on Monday in Mupyeong-ri, Jagang-do, which flew over Japan and fell in …Oct. 05, 2022 07:36
Pork barrel basic pension without financing measuresThe South Korean ruling and opposition parties promised to expand the eligibility and amount of basic pension on Sunday. “We are …Oct. 04, 2022 07:51
Gov't remains lax while large companies begin emergency managementIt was reported that the labor union of Daewoo Shipbuilding & Marine Engineering, which has been opposing Hanwha Group’s acqu…Oct. 03, 2022 07:25
Public utility price hikes in seriesElectricity and gas prices are being raised effective Saturday, and an average household will pay 2,270 won more per month for el…Oct. 01, 2022 07:24
Economy comes first; there is no time to lose over political disputesThe strengthening of the U.S. dollar, becoming stronger than ever due to the Fed’s interest rate hike by 0.75 percentage points t…Sep. 29, 2022 07:37
A future where people should pay 30% of income to national pensionConcerns are rising over stalled pension reform, one of the three major reform plans that Korea's Yoon Suk-yeol administration pr…Sep. 28, 2022 07:37
Pyongyang’s ballistic missile firing likely to be followed by SLBM launchesNorth Korea fired a short-range ballistic missile, presumed to resemble the Russian Iskander-M, on Sunday, making it the 5th miss…Sep. 26, 2022 07:36
Household, corporate debts amount to 2.2 times Korea’s GDPThe total debts owed by Korean households and companies reached a record amount of 4,345 trillion won (about 3,070 billion U.S. d…Sep. 24, 2022 07:25
Won-dollar rate rises to 1,409 wonThe won-dollar exchange rate exceeded the threshold of 1,400 won to the dollar for the first time since the 2008 Global Financial…Sep. 23, 2022 07:50
Contingency plan for Taiwan is in place, says USFKIn a video interview with the Korea-U.S. Research Institute (ICAS) on Monday, U.S. Forces Korea (USFK) Commander Gen. Paul LaCame…Sep. 22, 2022 08:05
Introduction of stalking perpetrator tracking device must be rushedThe Dong-A Ilbo analyzed all 156 judgments punished by the Act on the Punishment of Stalking Crimes, which took effect in October…Sep. 21, 2022 07:57
Noticeably fewer Korean companies in the global top 1,000 listThe number of Korean companies among the global top 1,000 list has been reduced to 12 this year from 25 in 2017, declining by mor…Sep. 20, 2022 07:35
Korea takes action to stabilize foreign exchange volatilityTension is increasingly building up for Korean financial authorities as the Korean won to dollar exchange rate is growing closer …Sep. 19, 2022 07:33
Prosecutor General appointed without the hearing report adoptedNew Prosecutor General Lee Won-seok took office on Friday. Following the National Assembly confirmation hearing held on Oct. 5, a…Sep. 17, 2022 07:22
Contradictory information from government confuses the publicWith home prices falling more quickly than the prices of jeonse (long-term housing lease with lump-sum deposit), tenants of many …Sep. 16, 2022 07:34
U.S. inflation rises over 8 percent in AugustThe increase in the consumer price index turned out to be higher than expected, jolting the world’s financial markets. According …Sep. 15, 2022 07:58
The urgency to speed up public pension reformThe ratio of mandatory spending, of which the government is not permitted to adjust the scale or spending items, for next year's …Sep. 14, 2022 07:59
Seoul apartment prices’ worst decline in 9 yearsThe prices of apartments in Seoul plummeted last week by the largest margin in nine years and one month. The prices are showing a…Sep. 13, 2022 08:05
Concerns over current account deficitThe Bank of Korea warned of a current account deficit in August. Unlike the trade balance that only accounts for imports and expo…Sep. 09, 2022 07:28

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