Seoul: The South Korean economy contracted 0.2 percent in the first quarter of this year, unchanged from an earlier estimate, as revealed by central bank

Seoul: Dividend payouts by listed firms in South Korea rose by nearly 10 percent last year, as some delivered more dividends as part of their

Seoul: The Supreme Court has confirmed a lower court’s decision, sentencing former Gyeonggi Province Vice Governor Lee Hwa-young to seven years and eight months in

Seoul: The South Korean economy is showing increasing similarities to Japan’s past stagnation, and bold structural reforms, along with innovation, are needed to prevent prolonged

Pyongyang: North Korea’s state media has, for the first time, acknowledged the results of South Korea’s presidential election, announcing that Lee Jae-myung has been elected

Seoul: LG Display Co., a global leader in display panel manufacturing, has announced plans to invest 700 billion won (approximately US$515 million) in its domestic