Seoul: Daewoo Engineering and Construction (E and C) Co. reported a net loss of 529 million won (US$369,465) for the third quarter, marking a shift

Seoul: Hyosung TNC Corp., a South Korean textile manufacturer, announced a significant drop in its third-quarter net profit, recording 15.7 billion won (US$11 million), a

Seoul: The government on Friday unveiled a plan to promote recycling of critical minerals by easing regulations and expanding financial and tax incentives, as part

Seoul: Two key figures in a development corruption scandal linked to President Lee Jae Myung were sentenced to eight-year prison terms each on Friday. The

Gyeongju: President Lee Jae Myung met Chinese President Xi Jinping for the first time at the Asia-Pacific Economic Cooperation (APEC) summit held in the southeastern

Gyeongju: President Lee Jae Myung assured Nvidia CEO Jensen Huang of South Korea’s complete backing to foster AI partnerships with Korean enterprises. “I am confident