Seoul: The government will move central administrative agencies remaining in the Seoul metropolitan area to the central city of Sejong starting next year, Prime Minister

Seoul: The South Korean government has unveiled its largest-ever budget proposal for the upcoming fiscal year, amounting to 820.9 trillion won ($599 billion). This represents

Seoul: Samsung Electronics Co. narrowed the gap with market leader SK hynix Inc. in the global high bandwidth memory (HBM) chip market in the second

Seoul: The government announced on Thursday a comprehensive plan to restructure state-run firms, with a focus on merging energy suppliers. This initiative aims to reduce

Seoul: South Korea’s presidential office on Thursday rejected a report claiming the government is considering sending troops to the conflict-stricken Hormuz Strait. “It is different

Seoul: Samsung Fire and Marine Insurance and Samsung Life Insurance are reportedly planning to acquire significant insurance companies in the United Kingdom and the United