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Army special forces stage maritime infiltration exercise

Army special operations troops on Thursday wrapped up an exercise around an island off the west coast designed to strengthen their maritime infiltration capabilities, officials said.

The exercise, which began July 22, took place around Anmyeon Island…

Seoul shares up late Thurs. morning on rate-cut hopes

South Korean stocks traded higher late Thursday morning as investors were boosted by the U.S. Federal Reserve’s dovish stance.

The benchmark Korea Composite Stock Price Index had added 0.3 percent to 2,779.1 as of 11:20 a.m.

After freezing its polic…

(LEAD) Seoul shares up for 2nd day on Fed’s rate-cut signal

South Korean stocks increased for two straight sessions Thursday driven by the U.S. Federal Reserve’s strong signal for a rate cut next time. The local currency rose sharply against the U.S. dollar.

The benchmark Korea Composite Stock Price Index inc…

Pro-Yoon PPP lawmaker offers to resign as party policy chief

A ruling party lawmaker considered close to President Yoon Suk Yeol offered to resign as the party’s policy committee chief Thursday, after new party leader Han Dong-hoon publicly called for key party officials to step down.

Rep. Jeong Jeom-sig of th…