South Korea said on Friday it had completed development of a new ballistic missile interceptor, adding a further layer to defence systems deployed to protect against missile threats from neighbouring North Korea.

The United States has information that North Korea is preparing additional supplies of ballistic missiles to Russia, as well as long-range self-propelled artillery and multiple launch rocket systems (MLRS).

South Korea’s central bank has lowered its key policy rate and says the country’s economy will grow at a slower pace than it initially anticipated

The Bank of Korea ramped up its support for the economy with a surprise interest rate cut as Governor Rhee Chang-yong sounded the alarm over the potential impact of Donald Trump’s return to power on global trade.

South Korea's central bank cut policy interest rates for a second straight meeting in a surprise move as the economy stalled and inflation slowed more rapidly than policymakers predicted. The Bank of Korea (BOK) lowered its benchmark interest rate by a quarter percentage point to 3.

KYIV (Reuters) -Ukrainian Defence Minister Rustem Umerov said he had discussed joint steps to strengthen security and stability with South Korean President Yoon Suk Yeol while on a visit to Seoul on Wednesday.

Ukrainian President Volodymyr Zelenskiy addresses South Korean parliament via video link at National Assembly in Seoul, South Korea April 11, 2022. Chung Sung-Jun/Pool via REUTERS/File Photo SEOUL (Reuters) - South Koreans remain widely opposed to directly supplying arms to Ukraine,

US officials stress Russia’s sole responsibility for deployment of North Korean troops in its war of aggression with Ukraine