South Korean President Moon Jae-in called Friday for "unprecedented" policy measures to counter the economic fallout of the coronavirus pandemic, speaking at a rare Cheong Wa Dae meeting with the country's finance minister and central bank chief.Moon received an emergency briefing on the real econom
South Korean shares suffered a headlong fall Friday, in sync with global peers over the growing fallout from the new coronavirus, but recouped some of the earlier losses to close 3.4 percent down on impending market and economy-supporting measures.The Korean won finished at a six-month low against t
A total of 126 countries and territories were imposing an entry ban or tougher quarantine procedures for people from South Korea over coronavirus fears Friday, up by three from the previous day, the foreign ministry said.As of 2 p.m., 51 countries and territories were barring the entry of travelers
South Korean institutional investors have been loading up on stocks this month despite a virus-induced market crash, data showed Friday.The country's state pension fund and other institutions remained in net buying mode between March 2 and Thursday, purchasing stocks worth nearly 1.1 trillion won (U
North Korea's recent engine testing suggests the regime may be ready to test a more advanced intercontinental ballistic missile that could pose a greater threat to the United States, a U.S. general said Thursday.Gen. Terrence O'Shaughnessy, commander of the U.S. Northern Command and North American A
South Korea recorded another drop in its daily new infections Thursday as the massive testing program of a religious sect's followers in the southeastern city of Daegu, the epicenter of the new coronavirus here, is nearing an end, but concerns are lingering over cluster infections in Seoul and neigh