When the Bank of Korea announced last week that the country’s real gross domestic product inched up just 1.4 percent in 2023, the reaction from policymakers and the media remained largely the same: dismay and concern.
Although the figure
SEOUL, POSCO Future M Co. on Tuesday reported its 2023 net income of 4.4 billion won (US$3.3 million), down 96.4 percent from a year earlier.
The company said in a regulatory filing that it posted 35.9 billion won in
The Democratic Party (DP) has started to discuss putting the controversial proportional representation system to a full vote of its members to clear all the confusion, with only 70 days left before the April 10 parliamentary elections. Rep. Chung
The World Food Summit in 1996 first defined food security as basic access to an adequate amount of food needed for an active and healthy life. Concern Worldwide U.S., a global charity advocacy NGO, describes on its website: “Food
SEOUL, The defense ministry said Tuesday it is not considering conscripting women for the country’s mandatory military service after the issue received renewed attention in a campaign pledge ahead of the April general elections.
On Monday, the leade…
WASHINGTON, The U.S. Chamber of Commerce expressed concerns Monday over South Korea’s proposed regulations aimed at preventing unfair market activities by major online platform businesses.
Charles Freeman, senior vice president for Asia at the U.S. …
SEOUL, North Korea fired several cruise missiles off the west coast Tuesday, the South Korean military said, just two days after it test-fired submarine-launched cruise missiles from the east coast.
The Joint Chiefs of Staff (JCS) said it detected
SEOUL, The issuance of asset-backed securities (ABSs) in South Korea jumped more than 50 percent from a year earlier in 2023, led by a sharp increase in securities issued by the state-run housing finance company, data showed Tuesday.
The
WASHINGTON, The United States on Monday reiterated its “ironclad” security commitment to South Korea as tensions flared anew following North Korea’s recent test-firing of a claimed submarine-launched cruise missile (SLCM).
The North’s Korean Central…
SEOUL, Actor Lee Young-ae will reprise the popular character Jang-geum again in a new TV series, a follow-up to the mega-hit MBC drama “Jewel in the Palace,” a local entertainment company said Tuesday.
Fantagio said it has recently sealed