SEOUL, Finance Minister Choi Sang-mok said Tuesday the government will make efforts to lift regulations to emerge as a favorable investment destination in the Asia-Pacific region and establish a business environment that meets global standards.
Choi…
SEOUL, Seoul shares turned higher late Tuesday morning on tech gains amid speculation that strong U.S. data may prod the Federal Reserve to push back its rate-cut timetable.
The benchmark Korea Composite Stock Price Index (KOSPI) rose 5.86 points, o…
SEOUL, LG Energy Solution Ltd. (LGES), South Korea’s leading battery maker, said Tuesday its joint venture with General Motors Co. began production at their second battery plant in the United States.
The first round of battery cells produced at the …
SEOUL, South Korea’s exports of agricultural and food products moved up 3.4 percent on-year in the first quarter of 2024 to set a fresh high, the agricultural ministry said Tuesday.
Outbound shipments of agricultural and food products came to US$2.2…
SEOUL, Seoul Metro, the operator of subway lines 1-8, said Tuesday that it will replace all fabric chairs with reinforced plastic chairs by 2029 to keep the subways clean from bedbugs and other pollutants.
Fabric currently accounts for 54 percent of…
SEOUL, The funeral for late Hyosung Group Chairman Emeritus Cho Suck-rai was held in Seoul on Tuesday as his grieving family and employees commemorated his legacy in the South Korean business community.
Cho died of a chronic ailment Friday at age 89…
SEOUL, Foreigners and overseas Koreans can only become eligible for the state health insurance coverage as dependents if they reside in South Korea for at least six months, according to the health ministry Tuesday.
The tightened rule, which goes int…
SEOUL, “Uncle Samsik,” one of the most highly anticipated Disney+ original Korean series, is set to premiere on May 15, the company said Tuesday.
The series marks the television debut of the critically acclaimed actor Song Kang-ho, who delivered an …
SEOUL, K-pop boy group Seventeen will release a compilation album, “17 is Right Here,” this month, the group’s agency, Pledis Entertainment said Tuesday.
The 13-piece group also unveiled the tracklist of the album due out April 29 on social media.
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