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Seoul Shares Surge Over 5 Percent Amid Semiconductor Rally
Seoul: South Korean stocks surged more than 5 percent to close at a fresh high on Monday, nearing the 7,000-point mark, as investors actively bought
Presidential Chief of Staff Orders Action on Business Abuses by Retired Public Employees
Seoul: Kang Hoon-sik, presidential chief of staff, on Monday ordered action on suspected business abuses by retired employees of public institutions and state-run companies. “Illegal
April’s Household Loans by Major Banks See Steepest Climb Since October
Seoul: Household loans by major banks last month saw the most significant increase since October, driven by a rise in mortgage loans, financial data revealed
Eagles Ace Moon Dong-ju to Undergo Shoulder Surgery
Daejeon: The Hanwha Eagles announced that their starting pitcher Moon Dong-ju will undergo surgery on his ailing right shoulder. Moon, who has been facing shoulder
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South Korea Sees Sharpest Consumer Price Increase in 21 Months Due to Rising Fuel Costs
Seoul: South Korea’s consumer prices rose at the fastest pace in 21 months in April, driven by soaring fuel costs amid the Middle East conflict,
Gov’t and Ruling Party Stand Firm on Removing Investigative Rights from Prosecution
Seoul: The government and the ruling party reaffirmed their commitment to eliminating the prosecution’s investigative power under comprehensive reforms set to be implemented later this
Lee Briefed on Blast Incident Involving South Korean-Operated Freight Ship in Hormuz
Seoul: President Lee Jae Myung was briefed Wednesday on a recent blast incident involving a South Korean-operated freight ship stranded in the Strait of Hormuz
Barricades Around WWII-Era Statue in Seoul Removed Permanently
Seoul: Barricades surrounding an iconic statue of a girl representing victims of Japan’s wartime sexual slavery were permanently lifted Wednesday, six years after they were