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Tuesday, April 29, 2025
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BUSINESS

[Breaking] Fed made another giant steps, raised 0.75%p

The Fed decided another interest rate hikes, by 0.75 percentage points, the sixth increase this year to combat against inflation, and signaled to continue...
KOREA

Ohio congressman’s niece among those killed in Itaewon crush

Ohio congressman Brad Wenstrup said one of the two Americans who died in central Seoul's Itaewon on Oct. 29 in the Halloween crush was...
KOREA

155 die in Halloween crowd crush in Korea’s Itaewon

    Scores died Saturday in Itaewon in a horrific crowd crush during the first Halloween celebrations since most Covid-19 restrictions were lifted. The tragedy left Korea...
KOREA

2 American students, both 20, killed in Itaewon tragedy

 The two Americans who died in Itaewon on Oct. 29 in the Halloween celebration crowd crush were exchange students. They were both 20 and were...
KOREA

Pyongyang shoots two missiles into East Sea

North Korea fired two short-range ballistic missiles (SRBM) into the East Sea on Friday. It was the 14th missile launch by Pyongyang since the start...
BUSINESS

Seoul shares open lower on dim U.S. tech earnings, Fed uncertainties

Stocks opened lower Friday, weighed by lackluster earnings and forecasts from major U.S. tech companies, with uncertainties hanging over the Federal Reserve's next move...
KOREA

Pentagon warns Pyongyang of obliteration if it uses nukes

Any nuclear attack by North Korea against the United States, South Korea, or Japan would result in the termination of the North Korean regime,...
BUSINESS

Korea on track to hit 2.6 percent 2022 GDP growth target

Containers stacked at a dock in a port in Busan on Oct. 3 Korea’s economy grew by 3.1 percent in the third...
BUSINESS

Lee Jae-yong appointed chairman of Samsung Electronics

Lee Jae-yong speaks at a Samsung Electronics chip factory in Pyeongtaek, Gyeonggi on May 20 when U.S. President Joe Biden and President Yoon...
BUSINESS

Hyundai Motor Group breaks ground in Georgia for electric vehicle factory

Ground was broken Tuesday for Hyundai Motor Group’s $5.54 billion electric vehicle (EV) factory in Georgia. The facility will be the largest Korean automaker’s first...
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