Minister of Unification Lee In-young credited North Korea for attempting to honor an all-but-defunct inter-Korean military agreement from two years ago in his first visit to the demilitarized zone (DMZ) on Wednesday.
Hyundai Development Company (HDC) may take legal action in its failed acquisition of Asiana Airlines, according to a statement it released Tuesday.
Seoul and Washington agreed to launch a new working-level dialogue channel to discuss alliance matters, said Korean First Vice Foreign Minister Choi Jong-kun Thursday after talks with U.S. Deputy Secretary of State Stephen Biegun in Washington.
STX Offshore & Shipbuilding secured a contract to supply three tankers to a domestic shipper.
The U.S. State Department on Monday named Donna Welton as its new chief negotiator to the deadlocked defense cost-sharing talks with Seoul.
James DeHart, the chief negotiator for defense cost-sharing with Korea, has been tapped by the United States as the new coordinator for the Arctic region, despite the absence of a deal between the two sides.
Democrats in the United States will push to "repair" Washington’s alliance with Seoul, according to a draft of the party’s 2020 platform that accuses U.S. President Donald Trump of trying to “extort” South Korea over defense cost-sharing.
SK Engineering & Construction (E&C) signed an agreement with Hilti Corporation, a Lichtenstein-based developer and manufacturer of construction equipment and software, to jointly develop smart construction technologies.
U.S. President Donald Trump stressed that Washington’s “ironclad alliance” with Seoul is vital to peace and stability in Asia and around the world in a proclamation marking the armistice agreement that ended the 1950-53 Korean War.
Hours after Jeju Air made its announcement, Eastar Jet said it can't scrap the deal without violating a stock purchase agreement signed by the two parties in March.