South Korea's state pension fund has said it recovered about half of its total investment of 612.1 billion won ($423.5 million) in major retailer Homeplus Co., which recently entered a court-led rehabilitation process amid liquidity worries.
Hyundai Motor, South Korea's top automaker, saw its sales in the United States climb 3 per cent from a year ago in February, marking its biggest sales for the month, the company said on Sunday.
Food expenses for the lowest income class in South Korea rose nearly 40 per cent over the past five years as soaring food inflation placed a heavier financial burden on low-income individuals, government data here showed on Sunday.
The USS Carl Vinson aircraft carrier arrived at a key naval base in the southeastern city of Busan on Sunday, South Korea's Navy said, reaffirming the U.S. commitment to extended deterrence against continued North Korean threats.
South Korea's constitutional court will hold the 11th and final hearing of President Yoon Suk-yeol's impeachment trial on February 25.
A day after the inaugural session of the US-South Korea security dialogue, North Korea fired two short-range ballistic missiles into the East Sea on Wednesday, Yonhap news agency reported citing Seoul's military.
Four more bodies have been recovered from a once-flooded underground road in central South Korea, bringing the number of people dead or missing in recent downpours to 49, officials said on Monday
South Korea, the US and Japan staged a trilateral missile defence exercise in the international waters of the East Sea on Sunday, Seoul's Navy said, after North Korea's launch of an intercontinental ballistic missile (ICBM) last week.
While four tunnels have been discovered so far, the South Koreans believe there are many more. The South Korean armed forces still spend a lot of time and energy on finding more infiltration tunnels.
Taking a positive view of Quad that brings together India, Japan, Australia and the United States on a common platform, the official declined to confirm if South Korea would like to be a member of the grouping.
