SEOUL, A fire broke out at a large marine products market in the central county of Seocheon and burned down 227 shops, but there were no human casualties, officials said Tuesday.
The blaze erupted at 11:08 p.m. on Monday
SEOUL, Justice Minister nominee Park Sung-jae is a seasoned former prosecutor who previously served as chief at two of the country’s key prosecution offices and is known to be on close terms with President Yoon Suk Yeol.
The 61-year-old
SEJONG, South Korea’s industry ministry said Tuesday it plans to spend 100 billion won (US$74.6 million) this year to support local businesses seeking to bring their production back home from overseas.
The amount marks a 75 percent rise from
SEOUL, POSCO Future M Co., the battery materials unit of POSCO Holdings Inc., said Tuesday its full-year net profit plunged 96 percent last year from a year earlier due to lower material prices.
Net profit for the whole of
SEOUL, The number of labor union members in South Korea and the unionization rate, or the percentage of workers represented by a union, have both taken a downward turn, the labor ministry said Tuesday.
According to the ministry’s latest
SEOUL, Daewoo Engineering and Construction Co. said Tuesday it has completed a major sea bridge construction project in India carried out together with the country’s Tata Group.
The company said it has finished the construction of the 21.8-kilometer…
SEOUL, South Korea’s business sentiment remained pessimistic for February over prolonged concerns over a slowdown of the global economy, a poll showed Tuesday.
The business survey index (BSI) for the country’s top 600 companies by sales stood at 92….
SEOUL, South Korean stocks opened higher Tuesday as U.S. shares reached an all-time high overnight on growing optimism over the U.S. economy.
The benchmark Korea Composite Stock Price Index rose 9.84 points, or 0.4 percent, to 2,474.19 in the
SEOUL, Fu Bao, a giant panda born in Everland and turning 4 years old this year, will be returned to China in April under an international agreement, the nation’s largest amusement park said Tuesday.
Announcing the schedule for Fu
SEOUL, Foreign Minister Cho Tae-yul spoke by phone with his Japanese counterpart, Yoko Kamikawa, on Tuesday to discuss bilateral relations and other issues, his office said, the first such talks between the two top diplomats since Cho’s inauguration….