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(2nd LD) Inflation slows to 11-month low of 2.4 pct in June

SEOUL, South Korea’s consumer prices slowed to an 11-month low in June, though prices of fresh food items and petroleum products remained high, data showed Tuesday.

Consumer prices, a key gauge of inflation, rose 2.4 percent on-year last month, comp…

Money-making career: Water hyacinth creates jobs

Ratchaburi, Water hyacinth, from worthless weeds, is woven into various pieces of work, generating income for the family.

Water hyacinth is a weed that can reproduce quickly. If not eliminated, it will affect the environment and block waterways. How…

Seoul shares fall sharply ahead of key economic events in U.S.

SEOUL, South Korean stocks fell sharply Tuesday ahead of key economic events in the United States later this week. The local currency traded weaker against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI) fell 23.45 points, o…

U.S. condemns latest N.K. missile launches

WASHINGTON, July 1 (Yonhap) — The United States on Monday condemned North Korea’s ballistic missile launches this week, reaffirming its “ironclad” security commitment to South Korea.

On Monday Morning (Korea time), the North fired two ballistic mis…

S. Korean trade body KITA opens new U.S. office in Dallas

SEOUL, The Korea International Trade Association (KITA), a major South Korean business lobby, said Tuesday it has opened an office in the U.S. city of Dallas.

KITA said it held an opening ceremony for the office in the major city in Texas on Monday …

S. Korea reports 5th case of African swine fever this year

SEOUL, South Korea reported its fifth case of African swine fever (ASF) of the year Tuesday.

The latest case was found at a farm in Andong, some 190 kilometers southeast of Seoul in North Gyeongsang Province.

This was the first ASF case since June …