One out of six married women in South Korea opts out of workforce: NSO

One out of six married women in South Korea opts out of workforce: NSO

One out of six married women in South Korea has opted out of the workforce, to take on most of the childrearing burden in the family. Around 1....

South Korea aims to build world’s 6th inland base in the Antarctic 

South Korea aims to build world’s 6th inland base in the Antarctic 

The South Korean government announced on Monday that it will build the world’s sixth inland base in the Antarctic by 2030. The Ministry o...

GM Korea to shut one production line to focus on small cars

GM Korea to shut one production line to focus on small cars

General Motors Co. plans to shut down a production line in South Korea as the US automaking giant aims to focus on manufacturing small cars in the c...

LG Chem to build $3.2 billion US cathode plant in Tennessee

LG Chem to build $3.2 billion US cathode plant in Tennessee

LG Chem Ltd., South Korea’s largest chemicals maker, said on Tuesday it is building a $3.2 billion cathode plant in Tennessee, its first facto...

Lotte to replace construction unit CEO due to liquidity crisis

Lotte to replace construction unit CEO due to liquidity crisis

Lotte Group will replace the head of its construction unit, hit by a liquidity crisis stemming from project financing, to ease investor concerns ove...

LG Display develops invisible speaker for automobiles

LG Display develops invisible speaker for automobiles

South Korea's LG Display on Monday said it has developed an in-vehicle sound solution that uses screen vibrations to produce sound, and that the dev...

KEPCO turns from bonds to banks for money on govt plans

KEPCO turns from bonds to banks for money on govt plans

Korea Electric Power Corp. (KEPCO) is set to raise 600 billion won ($442 million) from a local bank in a plan to seek loans to secure money instead ...

MZers drive Korea's indoor golf facility pandemic boom

MZers drive Korea's indoor golf facility pandemic boom

Indoor golf facilities’ revenue in South Korea has skyrocketed amid the pandemic, thanks to millennials and Generation Zers' soaring consumpti...

S. Korea's Kia 1st among UK car dealers for brand satisfaction

S. Korea's Kia 1st among UK car dealers for brand satisfaction

Kia Corp. has seen record-high auto sales in the UK thanks to having the highest brand satisfaction among British dealers.Industry sources on Monday...

Eco-friendly car registrations exceed 1.5 mn in Korea

Eco-friendly car registrations exceed 1.5 mn in Korea

The total number of registered eco-friendly vehicles in South Korea surpassed 1.5 million as of end-October, up 38.3% from 1.1 million compared to a...

Kim Jong-un appears with daughter in public for first time

Kim Jong-un appears with daughter in public for first time

North Korean leader Kim Jong-un has unveiled for the first time his second child, daughter Ju-ae, who was born in 2013.The Korean Central News Agenc...

Number of tourists to S.Korea, Japan surge on eased visa restrictions

Number of tourists to S.Korea, Japan surge on eased visa restrictions

As restrictions to traveling across national borders loosen, the number of international travelers to both South Korea and Japan have been on the ri...

Nearly half of South Korea's economists urge repeal of inheritance tax

Nearly half of South Korea's economists urge repeal of inheritance tax

Nearly half of South Korea's economists want the inheritance tax abolished, according to a survey.The Korea Economic Association on Thursday release...

Korea LIG Nex1 to enjoy record earnings on missile exports

Korea LIG Nex1 to enjoy record earnings on missile exports

LIG Nex1 Co., a leading South Korean defense company, is expected to see record earnings this year on strong missile exports, helping its shares sur...

South Korea's economic bodies urge revision of US Inflation Reduction Act

South Korea's economic bodies urge revision of US Inflation Reduction Act

Six leading economic organizations in South Korea have sent a joint letter to the US government and Congress requesting revision of the US Inflation...

Korea's NPS to get partial tax refund on US real estate sales

Korea's NPS to get partial tax refund on US real estate sales

South Korea’s National Pension Service (NPS) is set to receive a tax refund of 30 billion won ($22.4 million) from the US Internal Revenue Ser...

South Korea's DL E&C wins 1st petrochemical plant order in US

South Korea's DL E&C wins 1st petrochemical plant order in US

South Korean construction company DL E&C has landed its first contract to build a petrochemical plant in the US.The company on Thursday said it ...

Korea's Lotte Chem likely to raise $745 mn via rights offering

Korea's Lotte Chem likely to raise $745 mn via rights offering

South Korea’s Lotte Chemical Corp. is poised to decide to raise more than 1 trillion won ($745.4 million) of capital at its board meeting this...

Samyang transitions to white biotech with S.Korea’s first isosorbide plant

Samyang transitions to white biotech with S.Korea’s first isosorbide plant

Samyang Group, a diversified conglomerate, has long focused on the chemicals and foodstuffs sectors. While adding to its existing chemicals bus...

S. Korea's T'way Air to resume Incheon-Chiang Mai route

S. Korea's T'way Air to resume Incheon-Chiang Mai route

South Korea's budget carrier T'way Air on Wednesday said it will resume from Nov. 28 its flight linking Incheon and Chiang Mai, Thailand, with seven...

South Korea's listed companies suffer 26% drop in operating profit in Q3

South Korea's listed companies suffer 26% drop in operating profit in Q3

South Korea's companies listed on the main stock exchange Kospi in this year's third quarter saw operating profit drop 26% from the same period last...

NPS narrows search for new CIO to two major candidates

NPS narrows search for new CIO to two major candidates

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund managing 917.2 trillion won ($692 billion) in asset...

Korea, US to work on Busan-Seattle green cargo shipping corridor

Korea, US to work on Busan-Seattle green cargo shipping corridor

South Korea and the US are looking to create a green cargo shipping corridor linking the port of Busan with the ports of Seattle and Tacoma as part ...

S.Korea's Iljin Group halts sale of its display maker

S.Korea's Iljin Group halts sale of its display maker

South Korea’s Iljin Display Co. has suspended procedures of selling its 43.19% stake with management rights, the junior bourse Kosdaq-listed d...

US extends antitrust review of Korean Air-Asiana merger

US extends antitrust review of Korean Air-Asiana merger

The US competition authority extended its review of the proposed merger between South Korea’s two largest airlines to check if the deal hurts ...

LG Electronics rolls out cutting-edge mini-LED monitor for surgery

LG Electronics rolls out cutting-edge mini-LED monitor for surgery

LG Electronics on Tuesday said it has unveiled its new mini-LED monitor for surgery at this year's Medica, the world's largest trade exhibition for ...

Galaxy Watches gauge body indicators at level of specialized medical devices

Galaxy Watches gauge body indicators at level of specialized medical devices

The Galaxy Watch series of Samsung Electronics can gauge major indicators of human health with similar accuracy as that of professional medical devi...

Miniforce producer aims to become Asia's top children's platform with IPO

Miniforce producer aims to become Asia's top children's platform with IPO

The South Korean producer of famous animated series such as Miniforce aims to become Asia’s top children's platform by way of an initial publi...

UK regulator flags concerns over Korean Air-Asiana merger

UK regulator flags concerns over Korean Air-Asiana merger

The British antitrust watchdog raised concerns over the impact on competition of the proposed merger between South Korea’s two largest carrier...

LG CNS to design smart city system for Indonesia's new capital

LG CNS to design smart city system for Indonesia's new capital

South Korea's LG CNS will provide a smart city design for Indonesia's new capital of Nusantara. The company on Tuesday said it signed the day before...

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