SEOUL, President Yoon Suk Yeol pledged Wednesday to provide regulatory and tax benefits to foreign-invested companies in South Korea, citing their large contributions to the local economy.
Yoon made the promise during a luncheon meeting with the hea…
SEOUL, A major South Korean state-run think tank said Wednesday it maintains the country’s economic growth outlook for this year at 2.2 percent as rising exports are projected to lead a gradual recovery despite weak domestic demand.
The Korea
SEOUL, In the Netflix Korean original series “A Killer Paradox,” actor Choi Woo-shik plays a morally ambiguous character whose life is turned upside down overnight after involuntarily killing a man.
After discovering his uncanny talent to spot the w…
SEOUL, The health ministry on Wednesday renewed its call for trainee doctors and medical students to avert collective action in protest of a plan to boost seats at medical schools.
Doctors and the government have shown signs of heading
SEOUL, South Korea’s top military officer called on troops Wednesday to “strongly” retaliate against North Korean provocations, his office said, amid tensions over Pyongyang’s continued weapons tests.
Joint Chiefs of Staff Chairman Adm. Kim Myung-so…
SEOUL, Seoul shares erased earlier losses late Wednesday morning after hotter-than-estimated U.S. inflation data.
The benchmark Korea Composite Stock Price Index (KOSPI) fell 34.89 points, or 1.32 percent, to 2,614.75 as of 11:20 a.m.
Institutions …
SUWON, South Korea, An appeals court on Wednesday upheld the conviction of a key suspect in the allegation that the wife of opposition leader Lee Jae-myung misused a provincial government’s corporate credit cards years ago.
The Suwon High Court
SEOUL, LS Corp. on Wednesday reported its 2023 net profit of 545.2 billion won (US$408.3 million), up 7.9 percent from a year earlier.
The company said in a regulatory filing that it posted 899.8 billion won in operating profit
SEOUL, South Korean game publisher Neowiz said Wednesday it bounced back to black in the fourth quarter, thanks to robust sales of its latest titles.
Neowiz posted a net profit of 2.8 billion won (US$2.1 million) in the quarter,
SEOUL, Grand Korea Leisure Co. on Wednesday reported its 2023 net income of 43.8 billion won (US$32.8 million), shifting from a loss of 22.7 billion won a year earlier.
Operating profit for the year was 51 billion, compared with