SEOUL, July 7 (Yonhap) -- The defense ministry said on Thursday it has requested an increased budget for next year to ensure better combat readiness for the armed forces.

(ATTN: ADDS KDI's economic assessment in last 2 paras) SEOUL, July 7 (Yonhap) -- South Korea's economy continues to face a high level of inflation despite continued improvements in employment and o

SEOUL, July 7 (Yonhap) -- The number of one-member households in South Korea jumped in 2010 compared to five years ago mainly due to the nation's fast-aging population, a report showed Thursday.

SEOUL, July 7 (Yonhap) -- Hanwha Chemical Corp., a chemical unit of South Korea's Hanwha Group, said Thursday that it signed an investment deal with a local government to build a polysilicon-produc

SEOUL, July 7 (Yonhap) -- South Korean companies' bond issuance rose 13.3 percent in the first half of the year from a year earlier, driven by massive debt sales by non-financial firms, the securit

SEOUL, July 7 (Yonhap) -- GM Korea Co., the South Korean unit of U.S.

By Kim Young-gyo HONG KONG, July 7 (Yonhap) -- China's monetary tightening moves appear to be coming to an end as inflationary pressure in the world's second-largest economy is expected to ease in

BUSAN, July 7 (Yonhap) -- South Korea's largest port city is likely to change its bidding campaign for the 2020 Summer Olympics after PyeongChang won the right to host the 2018 Winter Olympics, off

SEOUL, July 7 (Yonhap) -- South Korean stocks traded 0.24 percent higher late Thursday morning, fueled by firm gains in automakers and shipbuilders, analysts said.

SEOUL, July 7 (Yonhap) -- It was a dream come true for PyeongChang, a small alpine town in South Korea's Gangwon Province, to be selected as the host for the 2018 Winter Olympics in its third bid W