North Korean leader Kim Jong Un apologized Friday over the killing of a South Korea official near the rivals' disputed sea boundary, saying he's "very sorry" about the "unexpected" and "unfortunate" incident, South Korean officials said Friday.
The fourth extra budget of this year comes on top of 277 trillion won ($233.66 billion) of stimulus pledged so far to prevent a deeper downturn in Asia's fourth-largest economy.
The sudden death of Seoul's mayor, reportedly implicated in a sexual harassment complaint, has prompted an outpouring of public sympathy.
Singapore is set to hold general election on July 10 — a little more than a month after the country started easing coronavirus restrictions.
North Korea made good on its threat to demolish the inter-Korean liaison office on Tuesday. South Korea confirmed that the building was demolished by "bombing."
The North's Korean Central News Agency said all cross-border communication lines will be cut off in "the first step of the determination to completely shut down all contact means with South Korea and get rid of unnecessary things."
South Korea saw a rapid increase in cases in February when the disease spread rapidly among members of a religious group. By mid-April, daily reported cases of infection fell well below 100.
"The new members are likely to add support for Moon's policies," said Yoon Yeo-sam, a fixed-income strategist at Meritz Securities.
South Korea heads to the polls on Wednesday for legistlative elections against the backdrop of the global coronavirus pandemic that has taken thousands of lives worldwide.
Fifteen of 20 economists surveyed by Reuters expected the Bank of Korea to stand pat on Thursday.
As of Tuesday, more than 415,000 cases of coronavirus have been reported, resulting in at least 18,000 deaths.
South Korean President Moon Jae-in says U.S. President Donald Trump's recent letter to North Korea's leader underscores his commitment to negotiations.
Samsung Display will spend 10 trillion won on facilities and the rest on research and development of next-generation display technology, according to South Korea's presidential office.
Trump provided few details, and it wasn't clear what officials were doing behind the scenes to set up a meeting meant to address a diplomatic impasse over the North's development of nuclear-armed missiles targeting the U.S. mainland.
South Korean President Moon Jae-in's nominee for justice minister may soon take office under the cloud of a prosecution inquiry and public outcry over a scandal that has reignited debate over class privilege.
Recent trade friction between the two Asian powerhouses has morphed into a dispute with political implications that go far beyond the region.
It was North Korea's sixth round of weapons launches since late July when it began stepping up its weapons demonstrations.
South Korean President Moon Jae-in said Seoul will "gladly join hands" if Tokyo chooses dialogue as the two nations deal with an escalating trade row.
South Korean President Moon Jae-in said Japan imposing tighter export curbs against Seoul will undermine Japan's international credibility for using its industrial advantage as a weapon against another country.
As the trade battle between South Korea and Japan drags on, Seoul announced it will cut down its economic dependence on Japanese industries.