South Korea's economy barely grew in the fourth quarter of 2024, missing market expectations, as domestic demand was hurt in part by the country's worst political crisis in decades, raising bets for more fiscal and monetary support to revive growth.

South Korea’s economy continued to sputter last quarter, after President Yoon Suk Yeol’s short-lived declaration of martial law battered consumer confidence at a time when export growth is slowing.

South Korea's economic growth slowed in the last quarter of 2024, data from the central bank showed Thursday, as the country struggled with the fallout from impeached President Yoon Suk Yeol's brief declaration of martial law.

The Jeju Air flight was bringing passengers home from Thailand after Christmas when it made an emergency landing at Muan airport and exploded after slamming into a concrete barrier at the end of the runway.

South Korea will extend runway safety areas and redesign infrastructure after the crash of a Jeju Air Co. flight last month that killed almost everyone on board, sparking criticism that the design of the airport might have exacerbated the accident.

South Korea's transport ministry said on Wednesday that it would remove the concrete embankment installed at Muan International Airport following last month's Jeju Air crash, its deadliest domestic air disaster.

North Korea’s state media reported on Donald Trump’s inauguration in its first direct acknowledgement of his return to the White House and adopted a neutral tone without referencing the president’s characterization of Pyongyang as a “nuclear power.

SEOUL (Reuters) - South Korea's defence ministry said on Tuesday the denuclearisation of North Korea must continue to be the goal necessary for lasting global peace, after reports that U.S. President Donald Trump had called Pyongyang "a nuclear power."