Foreign investors have been active in the Korean stock market over the past two weeks, contributing to the recent rally in the main KOSPI index, data showed Sunday.Offshore investors scooped up a net total of 5 trillion won ($3.75 billion) worth of local shares from Jan. 29-Feb. 8, according to the data from the Korea […]

“Old sayings are generally shadows of skeletons of things that once had a being,” declared a newspaper article from the late 1880s. The article was about a Korean artifact that had been added to the Smithsonian Institution or museum and was on display. The artifact was, of course, a Jaewoong (재웅), a doll made from […]

Korea is on the verge of a substantial advancement in defense procurement with the Middle East following the recent signing of a memorandum of understanding (MOU) with Saudi Arabia, aimed at bolstering defense procurement and cooperation between the two nations.Saudi Arabia ranks fifth in global military spending, and it is the second-highest spender on defense […]

North Korea said Monday it has newly developed controllable shells for a multiple rocket launcher and its ballistic control system as part of its push to expand its weapons arsenal.The Academy of Defence Science conducted a test firing of 240 millimeters-caliber controllable multiple rocket launcher shells on Sunday in a bid to evaluate their accuracy […]