East Asia

The French-Korean Chamber of Commerce and Industry (Fkcci) held its annual business forum on the global and domestic economic outlook on Thursday at the Mondrian hotel, central Seoul....

People look over the section of cleaning products at Emart's Yongsan branch on Thursday. Emart will hold a discount promotion of cleaning products until March 29 for spring cleaning....

Its shareholding is now 14.99 percent following the earlier 59 billion won purchase....

Night Crows, WeMade's first new major game franchise in five years, won't make players pay to get ahead of others, the company said Thursday. It's a move away from the...

Kia's EV9 large all-electric sport utility vehicle and SsangYong Motor's Torres EVX mid-sized electric SUV are set to debut at the Seoul Mobility Show 2023....

President Yoon Suk Yeol stressed that it's in both Korea and Japan's national interests to normalize relations to better respond to security issues following his summit with Japanese Prime Minister Fumio Kishida on Thursday....

China's recent decision to exclude Korea from its overseas group tours destinations has dampened aviation and travel industries' high hopes of the return of millions of tourists, as well as their hundreds of millions of won....

LG Chairman Koo Kwang-mo gives a speech at the 2023 LG Tech Conference at LG Science Park in Gangseo District, western Seoul on Thursday. The LG Tech Conference is an event where executives introduce LG's latest technology and its vision to......

Stocks closed slightly lower Thursday amid concerns that the fiasco surrounding global investment bank Credit Suisse may worsen and harm the global financial sector. The won fell against the dollar....

The Korean academic year kicked off at the start of March, with students flocking to university campuses across the country in their thousands to resume their studies or begin their higher education journey....

Japanese colonial-era tram tracks that were recently discovered in Gwanghwamun, central Seoul, were shown to the public for the first time on Thursday....

A 46-year-old man who went missing at a bus terminal in Suwon, Gyeonggi, more than 40 years ago before being adopted by a German couple reunited with his biological family on Thursday....

Korea crashed out of the AFC U-20 Asian Cup on Wednesday, losing 3-1 to host nation Uzbekistan in the semifinals at Milly Stadium in Tashkent....

Police have started an investigation into the popular illegal streaming website noonoo TV, the Busan Metropolitan Police Agency's cyber team announced Thursday. "We are investigating the suspect, in cooperation with the Ministry of ......

Korean households need at least 3.28 billion won ($2.5 million) in net assets to qualify for the country's top 1 percent, according to 2022 data from Statistics Korea on Thursday. Real estate accounted for over 80 percent of the net assets of Korea.....

Deposit insurance limits could be increased in Korea amid talk of banks runs following the collapse of Silicon Valley Bank (SVB) in the United States. The Financial Services Commission (FSC) and Korea Deposit Insurance Corporation (KDIC) are......

The grandson of late former president Chun Doo-hwan has been setting tongues on fire with a series of revelations about his family, including accusation that it used ill begotten money to sustain a luxurious lifestyle....

Korea and Japan's main business lobbies will establish funds for joint projects as part of the effort to further restore relations between the two countries....

North Korea fired a long-range ballistic missile from Pyongyang on Thursday morning, according to South Korea's Joint Chiefs of Staff. The missile launch comes hours before the leaders of South Korea and Japan are scheduled to meet for a summit......

From solid-state batteries to battery swapping, InterBattery 2023 is giving visitors a peek into how technically advanced Korean battery makers are in the EV race....

Doosan Enerbility won a deal to build a combined cycle power plant in Kazakhstan. It signed a contract with Turkistan LLP, a subsidiary of Kazakhstan's Samruk-Kazyna sovereign wealth fund, to construct a combined cycle power plant in Shymkent......

Hyundai Motor Group is now the world's third-largest automaker, outpacing General Motors and Stellantis....

The leaders of Korea's two most powerful political parties held a one-on-one meeting on Wednesday and promised to discuss policy issues on a rolling basis....

Domestic companies are cautiously "reviewing" whether to donate to a public foundation to compensate Japan's wartime forced labor victims after Posco donated a total of 4 billion won ($3.07 million) on Wednesday. The public foundation is to be...

Customers shop for limited edition whiskeys at a Hyundai Department Store in Seongnam, Gyeonggi, on Wednesday. The department store opened a whiskey fair Whisky Eat as the distilled alcoholic beverage gains popularity among young Koreans......

Drinking at restaurants has become more expensive faster than buying booze from retailers. It's proven in numbers, and the government is attempting to control the beverage price — although experts question how effective its measures will be. For...

HYBE did not lose in a battle to take over SM Entertainment because it was never a battle, HYBE founder and chairman Bang Si-hyuk said in a press conference held by a local journalists' club ......

Hyundai Elevator is joining a government-led consortium to win orders for Indonesian mega projects....

President Yoon Suk Yeol will work to swiftly normalize economic cooperation between Korea and Japan during his two-day visit to Tokyo starting Thursday, according to the presidential office....

LG U+ is now providing a customer support chat service for foreigners, the telecom company said Tuesday....

Retailers are drawing up a wide range of strategies to encourage consumption amid a shopping slowdown....

NCT Dream will release an English version of its lead track "Beatbox" on March 21, the boy band's agency SM Entertainment said on Tuesday. The track will first be performed on the European and North American leg of its ......

President Yoon Suk Yeol on Tuesday instructed the government to review the Labor Ministry's proposal to extend the maximum work week to 69 hours, especially taking heed to the opinions of younger people....

Retail store chain Homeplus saw its annual revenue grow for the first time in 12 years in 2022. "We've achieved growth in all distribution channels both online and offline," said Jay Lee at Homeplus's headquarters in Gangseo District, west...

The competition for reserving a ward at one of Korea's postpartum care centers is fierce among parents-to-be while the clinics up their hospitalization fees amid the lowering demand from the nation's plummeting birthrates....

The Kospi plunged more than 2 percent on Tuesday on concerns of the contagion effects of the Silicon Valley Bank (SVB) fallout....

LG Chem inked a $200 million contract with Unicef to supply polio and pentavalent vaccines to 80 million children all over the world....

The U.S. Department of Defense (DoD) cited threats and challenges posed by China and North Korea in requesting an increase in defense expenditures to a new record amount on Monday....

Distributors are updating their policies on membership, switching to subscription-based models that compensate for higher barriers to entry by providing more coupons and reward points to members. Through the change, distributors hope to lock in......

Huh Yun-jin from girl group Le Sserafim will release her self-written track "love you twice" Tuesday at 1 p.m., her agency Source Music announced the same day....

The former Seoul branch chief of Lone Star, who led the U.S. equity fund's controversial acquisition of a Korean bank nearly two decades ago, has been released on bail, the Ministry of Justice said Tuesday....

Girl group Apink will release its 10th EP "Self" on April 5, according to its agency IST Entertainment on Monday night. This will be the group's first physical album since "Horn," released in February 2022, which was ......

Jurgen Klinsmann called up 26 players on Monday for the upcoming friendly matches against Colombia and Uruguay, with only two changes made from the 2022 Qatar World Cup roster....

International baseball tournaments are few and far between, but this year, like the proverbial bus, two have come along at once. Korea have just a few months to reflect on a tough WBC before a team needs to be thrown together for the Asian Games...

Korea's financial market remains stable despite the failures of two U.S. banks, but the government will promptly come up with stabilization measures, if necessary, the finance minister said Tuesday....

The latest design for The New Avante, an upgraded version of Hyundai Motor's compact mid-size sedan Avante in Korea, was released on Monday....

Korea Hydro & Nuclear Power (KHNP) posted a deficit in 2022, its first in four years, despite the increased operation of nuclear plants....

Students line up to eat breakfast sold at 1,000 won ($0.77) at Kyung Hee University in Dongdaemun District, eastern Seoul on Monday morning. Kyung Hee University was one of the universities that collaborated with a public institution under the......

Prosecutors on Monday announced a final round of indictments in a case involving a fixer who helped over 100 men avoid mandatory military conscription by falsifying medical documents, including entertainers and athletes....

Global credit appraiser Fitch Ratings said Monday it has reaffirmed South Korea's sovereign rating at "AA-" with a stable outlook, while suggesting an economic growth of 1.2 percent this year....