SEOUL, South Korea’s producer prices rose for the second consecutive month in January, driven in part by soaring prices in agricultural goods and service fees, central bank data showed Wednesday.
The producer price index, a major barometer of consume…
SEOUL, The government declared a get-tough stance against striking trainee doctors Wednesday, vowing to seek arrest warrants in principle for those who spearhead the collective resignations by interns and resident doctors nationwide in protest over th…
SEOUL, South Korea and the European Union have begun the second round of talks on a bilateral digital trade agreement in an effort to seek broader partnership in the digital domain, Seoul’s industry ministry said Wednesday.
The negotiation kicked off…
The financial risks prompted by the slowdown of the commercial real estate market in the US and elsewhere are now spilling over to South Korean banks at a worrying pace, suggesting that they are likely to incur great losses, partly
Lee Nak-yon, former co-chairman of the merged Reform Party, Tuesday convened a press conference and said he would be leaving the Reform Party, just 11 days after the merger announcement.
“I will return to the Saemirae Party, and reorganize the
SEOUL, South Korea’s No. 1 container shipper HMM Co. said Wednesday it has clinched a “leadership score” in climate change from a global sustainable management ratings agency.
Last year, HMM received an A- score from Carbon Disclosure Project (CDP) i…
The New Reform Party (NRP) was launched to grab the moderates and swing voters disgusted by the two mainstream parties – the governing People Power Party (PPP) and the majority Democratic Party (DP) – but disbanded just 11 days after
SEOUL, Hiring of wage worker jobs in South Korea grew at a slower pace in the third quarter of 2023 amid an economic slowdown, and newly added paid employee jobs for people in their 40s fell for the first time
SEOUL, Surgeries have been canceled and some patients were forced to be transferred to other hospitals as trainee doctors stopped working for the second day in a row Wednesday in protest of the government’s plan to boost the number of
SEOUL, Hanwha Ocean Co. on Wednesday reported its fourth-quarter net profit of 286 billion won (US$214.1 million), turning from a loss of 430.3 billion won a year earlier.
The company said in a regulatory filing that it continued to post