South Korea and the United States remain unchanged in their commitment to denuclearizing North Korea, the foreign ministry said Tuesday, after no mention of the issue in the Democratic Party’s new policy platform raised

South Korean stocks traded higher late Tuesday morning as the U.S. market rallied ahead of the Jackson Hole symposium scheduled for later this week.

The benchmark Korea Composite Stock Price Index (KOSPI) had added

Im Jong-seok, a former chief of staff for preceding President Moon Jae-in, appeared before prosecutors Tuesday over allegations surrounding Moon’s former son-in-law, condemning the prosecution probe as a “political retaliation.”

Im arrived at the

The government and the ruling party agreed Tuesday to set aside a record budget to issue discount coupons for small businesses next year to boost spending and revitalize the economy.

During a meeting between

SK Networks Co., a trading affiliate of SK Group, said Tuesday it has sold its rental car unit for 820 billion won (US$618 million) to a Singapore-based private equity fund.

SK Networks has completed