S.Korea attracts investment of $940 mn from 6 European companies

South Korea has attracted investment worth $940 million from six high-tech European companies to build factories and R&D centers.The six compani...

Yoon, Korea’s No. 1 salesman, at BIE to drum up support for 2030 Expo

South Korean President Yoon Suk Yeol will attend the Bureau International des Expositions (BIE) in Paris next week to drum up support for the Asian ...

JPMorgan Chase's Jamie Dimon to visit S.Korea on June 5

JPMorgan Chase & Co. Chairman and CEO Jamie Dimon is set to visit Seoul on June 5 and discuss South Korea’s overseas investments with exec...

Elon Musk reaffirms Korea among top candidates for Asia Gigafactory

WASHINGTON, D.C. – Tesla Inc. Chief Executive Elon Musk said on Wednesday that South Korea is still among its top candidates to build another ...

Seoul zeroes in on high tech for US business alliance

South Korean President Yoon Suk Yeol is off to a smooth start on his six-day state visit to the US this week, which is expected to pave the way for ...

Yoon's English School, Thai Edupark to cooperate in local education market

South Korean English education company, Yoon's English School, has signed a business agreement with Thai education firm, EduPark, to expand its pres...

S.Korea plans to launch its own version of NASA this year

South Korea's Cabinet on Tuesday passed a bill on the launch this year of the nation's own version of the US National Aeronautics and Space Administ...

Korea’s small nuclear reactor technology falls behind global peers

South Korea’s small-sized nuclear reactor technology has fallen behind other major countries due to the years of the previous government&rsquo...

KT faces protracted leadership vacuum amid political meddling

Yoon Kyoung-lim, the sole nominee to be KT Corp.’s next chief executive, has offered to resign, sending the selection committee of the top S...

Yoon’s US visit to test Biden’s trust as ally over chip, battery issues

South Korean President Yoon Suk Yeol’s summit meeting with his US counterpart Joe Biden next month will celebrate 70 years of the Korea-US sec...

S.Korea to lure global talent with high pay for space agency

South Korea is set to attract global talent with high salaries for a planned government space agency as the country aims to boost long-term growth i...

Korea's Yoon presses banking, telecom sectors over inflation

South Korean President Yoon Suk-yeol on Wednesday called for measures to stabilize mounting price pressure caused by "oligopolies" in the banking an...

Nanodrug maker CEO calls on Yoon government for deregulation

South Korean startups won four out of the 23 Best of Innovation awards at CES 2023, the world’s largest tech show last month. Among the winner...

Korean government to finance $625 million for K-content in 2023

South Korean President Yoon Suk-yeol emphasized on Thursday the importance of K-content, saying content will become the most important industry to s...

Korea proposes bigger tax breaks for chipmakers, key industries

The South Korean government plans to raise tax breaks for facility investments by big companies, including chipmakers, to as much as 25% following P...

Korea plans to raise tax breaks for chipmakers, key industries

The South Korean government plans to revise a recently passed bill aimed at supporting the country’s semiconductor sector and other key indust...

Shin Hanul revives Korea’s aim to become global nuclear powerhouse

  South Korea put a newly built nuclear reactor into full operation on Wednesday to reinforce energy stability, reviving its goal of becoming ...

Doosan, DL consortium to invest $130 mn in X-Energy for SMR project

A South Korean consortium led by Doosan Enerbility Co. and DL E&C Co. is investing $130 million in X-Energy LLC, a US nuclear reactor and fuel d...

S.Korean President Yoon to lead national space policy

South Korean President Yoon Suk-yeol is set to lead the National Space Council, the country’s top control tower for space development, in a bi...

Saudi prince’s Seoul trip brings $30 billion in business deals

Mohammed bin Salman, the crown prince and prime minister of Saudi Arabia, flew into Seoul on Thursday and clinched $30 billion in bilateral deals wi...

Yoon courts lost decade for Korean women

People can debate what it means for the government of a top-12 economy to be “anti-feminist.” There is no question, though, that President...

Japan and South Korea leaders meet one-on-one for first time since 2019

The leaders of Japan and South Korea held their first bilateral meeting in nearly three years, another step toward recovery for frayed ties between tw...

Korean won rebounds on estimated $2 bn intervention

The South Korean won rebounded on Friday as the foreign exchange authorities were suspected of selling some $2 billion, showing its determination to...

Seoul sees high odds of reversing Lone Star-favoring ruling

South Korea’s justice ministry expressed confidence in winning an appeal against an international ruling that accepted part of Lone Star&rsquo...

Yoon’s ‘reform’ program is already sputtering

As Yoon Suk-yeol’s presidency hits an early rough patch, it’s hard not to view his troubles through the lens of Japan’s Shinzo Abe...

S.Korea ushers in new space era with rocket launch success

GOHEUNG, South Korea -- South Korea opened a new space era as it succeeded in the launch of a homegrown space rocket carrying payloads to become the...

Yoon, Biden highlight 'economic security alliance' following Samsung tour

South Korean President Yoon Suk-yeol and visiting US President Joe Biden emphasized the two countries' iron-clad commitment to economic security all...

Yoon admin to expand KIC's fund management base

South Korea's new president Yoon Suk-yeol, who took office on Tuesday, is set to push the expansion of sovereign wealth fund Korea Investment Corpor...

Korea President Yoon to hold emergency meeting over won

South Korea’s new President Yoon Suk-yeol called an emergency meeting as the won currency tumbled to its weakest level since the 2008-09 globa...

South Korea’s new president offers Pyongyang economic aid for denuclearization

SEOUL—South Korea’s new president said he would keep the door open for dialogue with North Korea and provide support for its fragile econo...