The U.S. Federal Reserve on Wednesday lowered its benchmark interest rate by half of a percentage point, the first cut in 4 1/2 years, in a major policy shift

Commission permits building of new reactors; Korea must improve electricity grid

The Yoon Suk Yeol administration has ushered in a nuclear energy renaissance as it permitted the long-suspended construction

President Yoon Suk Yeol visited a children’s hospital on Wednesday, the last day of the five-day Chuseok holidays. Earlier, he met soldiers, police officers and firefighters. Taking care of

Allies should resolutely address Pyongyang’s nuclear build-up

With less than 50 days until the U.S. presidential election, North Korea is intensifying its provocations. On the final day of the

North Korea claimed Thursday it has successfully test-fired a new tactical ballistic missile capable of carrying a super-large warhead, a day after South Korea said Pyongyang fired multiple short-range

The unprecedented autumn heat wave is set to fade away soon, as the nation will be soaked by heavy rain later this week, the state weather agency said Thursday.

Today (%) Previous Session(%) Change (BP)

1-year TB 2.898 2.896 +0.2

2-year TB 2.882 2.870 +1.2

3-year TB 2.843 2.822 +2.1

10-year TB 2.979 2.928 +5.1

2-year MSB 2.921

Seoul shares ended higher Thursday as investors cheered the U.S. Federal Reserve’s first rate cut in more than four years. The Korean won fell against the U.S. dollar.

The