South Korea

US navy ship collides with South Korean boat

A U.S. navy ship has collided with a South Korean fishing boat but there are no reports of injuries. The cruiser USS Lake Champlain was engaging in training when it collided with the 9.8-ton fishing boat off South Korea's east …

North Korea stages largest ever drill - media

North Korea has staged its largest ever military drill to mark the founding of the country's army, the South Korean military said. The live-fire exercises were in the Wonsan region in the east of the country Tuesday afternoon. …

Russia ahead of China in developing countries rating

Bank of America Merrill Lynch (BofAML) made a rating of of emerging markets, according to which Russia managed to surpass China for the first time. South Korea is in the first place of this rating. According to experts, even …

Korean companies ready to invest in Azerbaijan

Korean companies are ready to cooperate in building petrochemical plants in Azerbaijan, Korea’s Extraordinary and Plenipotentiary Ambassador to Azerbaijan Kim Chang-gyu said during his meeting with a delegation led by the …