SEOUL, The Asan Institute for Policy Studies, an independent South Korean think tank, said Tuesday that it will host its annual security forum next week to discuss issues, such as how Asia can maintain

SEOUL, Jeju Air Co., South Korea’s biggest low-cost carrier, said Tuesday its first-quarter net profit fell 10.5 percent from a year earlier as a weak won drove up operating costs.

Net profit for the

SEOUL, South Korean shares shot up over 2 percent Tuesday as investors were buoyed by growing hopes that the U.S. Federal Reserve may carry out rate cuts this year. The local currency gained against

SEOUL, South Korea’s homegrown fighter jet KF-21 under development is set to conduct its first live-fire test with long-range air-to-air Meteor missiles this week, sources said Tuesday.

A prototype of the KF-21 is scheduled

Drought situation in the northeastern region. Especially in Nakhon Ratchasima is facing a severe drought crisis In the midst of extremely hot weather and rain that is not expected to fall seasonally. Affecting people