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S. Korea's neutral interest rate estimated at -0.2-1.3 pct: BOK report

SEOUL, Nov. 3 (Yonhap) -- The neutral interest rate in South Korea is estimated at between -0.2 percent and 1.3 percent in the first quarter of the year, a report from the Bank of Korea (BOK) said Sunday.The report said the country's neutral inte
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Ex-lawmaker embroiled in election nomination scandal appears before prosecutors

CHANGWON, South Korea, Nov. 3 (Yonhap) -- A former lawmaker from the ruling People Power Party (PPP) appeared before prosecutors on Sunday for questioning over allegations of providing funds to a self-proclaimed power broker at the center of a growin
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Defense firms report strong Q3 earnings on large export deals

SEOUL, Nov. 3 (Yonhap) -- South Korea's major defense firms have posted robust revenues and profits for the third quarter, led by massive arms export deals, industry data showed Sunday.The combined operating profits of four major South Korean def
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Ruling, opposition parties expected to wrangle over 2025 budget deliberations

SEOUL, Nov. 3 (Yonhap) -- The National Assembly is set to begin deliberations on the 2025 budget proposal this week, with ruling and opposition parties expected to wrangle over spending on controversial projects. On Monday, the National Assembly is s
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Sharp rise seen in household credit, driven by savings banks, credit unions

SEOUL, Nov. 3 (Yonhap) -- South Korea's household credit increased at a faster rate in October due to rising loans from savings banks and credit unions despite the government's efforts to curb household debts, financial data showed Sunday.Out
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EU's Borrell vows to advance security, defense ties with S. Korea

SEOUL, Nov. 3 (Yonhap) -- European Union (EU) foreign policy chief Josep Borrell said Sunday he will discuss ways to advance the EU's security and defense cooperation with South Korea during his visit to Seoul. Borrell, the EU's high represen
Sunday's weather forecast

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SEOUL, Nov. 3 (Yonhap) -- The following is the for South Korea's 12 major cities at 9:01 a.m. Sunday.Temperature (C)ConditionPossibilityHigh/Lowof Rain (%)Seoul22/11Cloudy30Incheon21/13Sunny60Suwon22/11Cloudy30Cheongju22/11Sunny0Daejeon22/10Sunn
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Special contribution by U.S. Vice President Kamala Harris

WASHINGTON, Nov. 2 (Yonhap) -- The following is the full text of a special contribution by U.S. Democratic presidential candidate and Vice President Kamala Harris. She made the exclusive contribution to Yonhap News Agency -- the first of its kind to
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Harris hails alliance with S. Korea; stresses 'ironclad' U.S. commitment, Seoul's 'sizable' USFK contributions

By Song Sang-ho, Cho Joon-hyung and Kim Dong-hyunWASHINGTON, Nov. 2 (Yonhap) -- Democratic presidential candidate Kamala Harris on Saturday touted the South Korea-U.S. alliance as a "linchpin" of security and prosperity in the Indo-Pacifi
(URGENT) Harris says Korean Americans represent 'the very best of what is possible' in U.S.

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(URGENT) Harris reiterates America's 'ironclad' security commitment to S. Korea

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(URGENT) Harris hails S. Korea-U.S. alliance as 'linchpin' for security, accuses Trump of 'disparaging' it

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2.5 magnitude natural earthquake hits near Kilju in N. Korea's northeast: weather agency

SEOUL, Nov. 2 (Yonhap) -- A 2.5 magnitude earthquake struck near North Korea's northeastern county of Kilju, where a nuclear test site is located, the South Korean weather agency said Saturday, determining that it was a natural quake. The earthqu
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(LEAD) N. Korea, Russia blame U.S. and its allies for tensions amid N.K. troop dispatch

(ATTN: RECASTS headline, lead; UPDATES throughout with details from KCNA press statement) SEOUL, Nov. 2 (Yonhap) -- North Korea and Russia have accused the United States and its allies for being the "root cause" of escalating tensions on
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DP holds massive street rally urging Yoon to accept special counsel bill against first lady

SEOUL, Nov. 2 (Yonhap) -- The main opposition Democratic Party (DP) and its supporters staged a massive rally in central Seoul on Saturday, urging President Yoon Suk Yeol to accept a special counsel bill for an investigation into allegations involvin
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N. Korean FM: strategic value of ties with Russia gains greater importance in severe int'l landscape

SEOUL, Nov. 2 (Yonhap) -- North Korea's foreign minister, currently visiting Russia for talks, said the strategic value of her country's relations with Russia holds greater importance in the severe international political landscape, the count
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(LEAD) S. Korean, Canadian defense ministers condemn N. Korean troop dispatch to Russia

(ATTN: UPDATES throughout with foreign ministers' talks; ADDS photo)SEOUL, Nov. 2 (Yonhap) -- Defense ministers of South Korea and Canada condemned North Korea's troop deployment to Russia and discussed ways to enhance defense cooperation bet
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S. Korean, Canadian defense ministers condemn N. Korean troop dispatch to Russia

SEOUL, Nov. 2 (Yonhap) -- Defense ministers of South Korea and Canada condemned North Korea's troop deployment to Russia and discussed ways to enhance defense cooperation between their countries during a bilateral meeting, Seoul's defense min
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Heaviest November rain in 101 years drenches Jeju

SEOUL, Nov. 2 (Yonhap) -- Over 300 millimeters of rain has pummeled the southern island of Jeju over two days this week, marking the heaviest November downpour in 101 years for the region, the weather agency said Saturday. Rainfall ranging from 150 m
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S. Korea, Canada demand withdrawal of N. Korean troops from Russia

SEOUL, Nov. 2 (Yonhap) -- South Korea and Canada have called for the withdrawal of North Korean troops dispatched to aid Russia in its war against Ukraine, labeling the deployment "a grave escalation" of tension that threatens security in