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Intellectual Property Rights Violations Worth 278.9 Billion Won Detected in 2025
Seoul: South Korea’s customs agency said Monday intellectual property rights violations detected in 2025 jumped more than 60 percent from a year earlier, driven by
PanOcean Reports Significant Rise in Q1 Net Profit
Seoul: Panocean on Monday reported its first-quarter net profit of 94.5 billion won (US$64.3 million), marking an increase of 31.3 percent from the same period
South Korea Officially Recognizes Labor Day as National Holiday After 63 Years
Seoul: On Friday, South Korea marked a symbolic shift by restoring Labor Day to its original name, ending more than six decades during which May
Resident Foreign Workers Exceed 1.1 Million in South Korea
Seoul: The number of employed foreign residents in South Korea has surpassed 1.1 million as of May last year, according to a report released on
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Han Reelected Floor Leader of Ruling Democratic Party
Seoul: The ruling Democratic Party (DP) reelected Rep. Han Byung-do as its floor leader Wednesday, marking the first time a DP whip was elected to
Foreign Ministry and Oil Refiners Explore Crude Imports from Latin America
Seoul: The foreign ministry announced that it convened a working-level meeting with officials from major oil refiners to explore strategies for diversifying the nation’s crude
Hyundai Department Store Sees Significant Drop in Q1 Net Income
Seoul: Hyundai Department Store has reported a significant decline in its first-quarter net profit, with earnings falling to 64.9 billion won (US$44.6 million), marking a
Seoul Shares Reach Historic 7,000-Point Milestone Amid Eased Mideast Tensions
Seoul: South Korean stocks on Wednesday surpassed the 7,000-point mark for the first time at the opening bell, driven by U.S. President Donald Trump’s announcement