Seoul: Just days into his presidency, Lee Jae-myung is confronting a significant economic challenge: the rising cost of consumer goods, symbolized by the price of

Seoul: South Korean bond yields saw a modest increase across several tenors, with changes recorded in treasury bonds, monetary stabilization bonds, and corporate bonds on

Seoul: The labor circle demanded Wednesday that next year’s minimum wage be set at 11,500 won (US$8.43) per hour, an increase of 14.7 percent from

Seoul: Only six percent of 171 listed companies on South Korea’s main stock exchange have adopted cumulative voting, a system aimed at enhancing shareholder rights,

Seoul: The KOSPI 200 index witnessed a varied trading session with several companies experiencing gains while others saw declines in their stock prices. Among the

Pohang: Hyundai Steel Co., South Korea’s second-largest steel manufacturer, has temporarily shut down its No. 2 plant in the southeastern city of Pohang due to