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South Korea

North Korea launches three missiles


North Korea launches three missilesSeoul, May 18 : North Korea Saturday launched three short-range guided missiles into the Sea of Japan, Yonhap News Agency reported, citing South Korea's defence ministry.

North Korea may have 200 mobile missile launchers


North Korea may have 200 mobile missile launchersSeoul, May 17 : North Korea may have up to 200 mobile missile launchers, or twice the number previously estimated by South Korea’s authorities, South Korean media reported Friday.

South Korea cuts interest rates


South Korea cuts interest ratesSeoul, May 9 - South Korea's central bank cut its benchmark interest rate by 25 basis points to 2.5 percent Thursday, altering the base rate for the first time in seven months.

US, South Korea launch naval drill


Seoul, May 7 - South Korea and the US have begun an anti-submarine exercise in the Yellow Sea, the Yonhap news agency reported. The drill will continue till Friday.

South Korea's current account surplus almost doubles


South Korea's current account surplus almost doublesSeoul, April 29 : South Korea's current account surplus almost doubled in March, compared to February, thanks to robust exports of IT products such as smartphones and semiconductors, central bank data showed Monday.

South Korea's GDP growth accelerates


South Korea's GDP growth acceleratesSeoul, April 25 - South Korea's gross domestic product (GDP) growth accelerated to 0.9 percent in the first quarter from three months earlier on the back of brisk exports that offset a reduction in private consumption, central bank data showed Thursday

South Korea's producer prices fall


South Korea's producer prices fallSeoul, April 17 - South Korea's producer prices fell for the first time in three months last month on the back of lower crude oil prices, central bank data showed Wednesday.

North Korea ready to launch missiles: South Korea


North Korea ready to launch missiles: South KoreaSeoul, April 15 - North Korea was "seen ready" to launch missiles but there are no signs of a full-scale war, South Korea's defence chief said Monday