S.Korea to have 1st civilian defense minister in decades, career technocrats

South Korean President Lee Jae-myung on Monday announced a sweeping Cabinet reshuffle, naming a mix of career technocrats, senior lawmakers and &mda...
South Korean President Lee Jae-myung on Monday announced a sweeping Cabinet reshuffle, naming a mix of career technocrats, senior lawmakers and &mda...
South Korea’s Ministry of Science and ICT on Thursday announced that it has selected 10 startups founded by Koreans in a program to support th...
South Korea’s finance ministry will hold its largest-ever investor relations (IR) event for global institutional investors at the end of this ...
The South Korean economy is solid, and the government will take “bold and swift’’ actions if needed to stabilize Asia’s four...
The Asan Nanum Foundation, a South Korean startup accelerator program operator, said on Thursday it will open a residency space for Korean venture f...
Hyundai Motor Co. and Kia Corp., South Korea’s two largest carmakers, are likely to face disruptions in local production as their auto parts s...
South Korea’s finance minister and central bank chief on Monday agreed to address the world’s lowest fertility rate, a most urgent task ...
South Korea’s lube oil maker SK Enmove Co., Korea’s top oil refiner SK Innovation Co.'s subsidiary, said on Thursday it received a Gold ...
South Korea plans to host a regular event showcasing its cultural products such as K-pop and foods in June of next year with the goal of making the ...
South Korean sovereign wealth fund Korea Investment Corporation (KIC) has shortlisted three candidates as the next chief executive officer, who will...
GM Korea Co., the South Korean unit of US auto giant General Motors Co., faces growing disruptions to its vehicle production amid a protracted labor...
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, said on Friday it has agreed with foreign exchange...
Large-scale overseas construction projects boosted major Korean builders’ quarterly results while lackluster domestic construction work, coupl...
Investors are betting big on food service technology startups in South Korea as the adoption of self-service systems in the country’s food and...
South Korea has outstripped Hong Kong and Shanghai as a preferred Asia-Pacific headquarters destination for global companies, trailing only Singapor...
The Korea Enterprises Federation will reinforce efforts to win lawmakers’ nod to its long-desired campaign to slash corporate taxes and inheri...
Wages at South Korean companies, both large and small, have surpassed those of their Japanese counterparts.According to a report on wage comparisons...
Samsung Group affiliates’ unionized workers on Monday launched a joint organization to improve their bargaining power in terms of wages and we...
South Korea’s Celltrion Inc. announced on Thursday that it will supply three treatments, including its blood cancer drug Truxima (rituximab) t...
Hanwha Aerospace Co. and Hanwha Systems Co. announced on Tuesday that they signed a three-party memorandum of understanding (MOU) for defense cooper...
Samsung C&T Corp.'s construction unit and Hyundai Engineering & Construction Co. stood out with increased profits last year on overseas proj...
The South Korean government said on Friday that it would grant the hiring of foreign workers in hotels and resorts from next year.The hotel and reso...
South Korea’s nonfarm payroll growth slowed in November after the country with the world’s lowest fertility rate marked its 13th straigh...
Cho Yang-rai, honorary chairman of Hankook & Company Co., has vowed to fight MBK Partners Ltd.’s bid to take over the holding company of S...
Saudi Aramco’s $7 billion petrochemical project in South Korea, in what would be its largest-ever investment in the country, has hit a stumbli...
A South Korean company recently gave up on its plan to venture into the burgeoning robot market.Fair-trade regulations that prohibit the creation of...
South Korean Ministry of SMEs and Startups announced the results of selecting global fund management companies for the year 2023 on Monday. The chos...
Costco has come under heavy scrutiny after a 29-year-old cart pusher at one of its outlets near Seoul died after working in scorching heat in June, ...
South Korea's Ministry of Trade, Industry and Energy on Wednesday said it will allocate 5 trillion won ($3.8 billion) of its R&D budget for exce...
South Korea has decided to challenge an international arbitration tribunal’s decision a month ago ordering the Korean government to compensate...