South Korea, China and Japan are likely to hold a long-stalled trilateral summit of their leaders on May 26 and 27, a news report said Friday.
The three countries have been in talks for the three-way summit in Seoul,
The government launched a task force Friday in charge of monitoring and managing supplies and prices of fresh food and other everyday items as part of efforts to curb still-high inflation, the finance ministry said.
The launch of the
Hankook Tire and Technology Co. on Friday reached a deal to buy a controlling stake in Hanon Systems Corp., the world’s second-largest heat pump systems maker for automobiles, for 1.73 trillion won (US$1.27 billion).
Under the deal with private
The health ministry said Friday it expects no significant disruptions in medical services despite medical professors taking one day off per week in solidarity with striking junior doctors, and urged the medical community to engage in dialogues.
Medi…
The Constitutional Court on Friday upheld the constitutionality of a ban on collective action by commissioned officers, citing the risk of disruptions in the rank order that is crucial for national security.
Under the relevant law on military status…
North Korea has approved the entry of more than 80 Chinese students seeking to study in the North in the first such acceptance of overseas students after years of stringent border lockdowns aimed at fending off the pandemic.
Late
South Korean stocks were slightly up late Friday morning, buoyed by advances in technology shares.
The benchmark Korea Composite Stock Price Index (KOSPI) added 5.09 points, or 0.19 percent, to 2,688.74 as of 11:20 a.m.
The index had opened
Second Vice Foreign Minister Kang In-sun has met with Senegales President Bassirou Faye in the western African country to discuss the upcoming leaders’ summit between South Korea and African nations, Seoul’s foreign ministry said Friday.
As a presid…
South Korean tech giant Naver Corp. said Friday its first-quarter net profit soared 1,171.9 percent from a year earlier on the overall growth of its major businesses, including its search platform and e-commerce.
Its net profit reached 555.8 billion…
Woori Financial Group, a major South Korean financial holding firm, approved the acquisition of Korea Foss Securities Co. on Friday, paving the way for its reentry into the stock market nearly 10 years after it sold its stock brokerage.