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Naver Cloud recognized for hyperscale AI research achievements 매일경제11:21South Korea’s Naver Cloud Co. is making waves in the field of artificial intelligence (AI) with its groundbreaking HyperCLOVA X, as it continues to receive
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Defense stocks stand out in Korean stock market 매일경제11:15South Korean defense stocks have seen their combined market capitalization gain nearly 20 percent in June from a year ago, adding momentum to the local stock
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Korean firms lag behind Japanese counterparts in cost-saving efforts 매일경제11:12Japanese companies have tightened their belts through significant restructuring measures, including workforce reductions, since the onset of the Covid-19 pan
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Korea to limit tuition benefits to households under median income 매일경제11:03The Korean government and the ruling party have proposed a measure to waive student loan interest for university students from households that have incomes s
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Yoon takes action to tackle improper use of state subsidies 매일경제11:03President Yoon Suk-yeol has launched a crackdown on the misappropriation of government subsidies, condemning the misuse of taxpayer funds as “feeding politi...
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Korean won falls to 1,270 won level against U.S. dollar in four months 매일경제10:54Investors are watching whether the value of the South Korean won against the U.S. dollar will stabilize at the 1,200 won range as it surged nearly 17 won to
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Korea adds 351,000 jobs in May, manufacturing sector loses jobs for 5th month 매일경제10:54South Korea added more than 350,000 jobs in May as the employment market was buoyed by more outdoor activity, although the manufacturing sector continued to
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Korean activist fund KCGI targets DB HiTek for activist campaign 매일경제10:48Korea Corporate Governance Improvement (KCGI) Co., a South Korean activist fund led by Chief Executive Officer Kang Sung-boo, has launched an activist campai
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South Korea to enact supportive law on UAM infrastructure 매일경제10:42South Korea’s parliament passed a bill to allow government support for the infrastructure of urban air mobility (UAM) transportation, which industry insider
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Samsung’s family-run model praised by opposition party members 매일경제10:39A gathering of lawmakers affiliated with the Democratic Party of Korea (DPK), South Korea’s largest opposition party, has drawn attention for the analysis o...
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Korea’s fair trade authority dismisses Broadcom’s corrective plan 매일경제10:33Korea Fair Trade Commission (KFTC) rejected a voluntary corrective plan submitted by Broadcom Inc., which is accused of unfairly forcing South Korea’s tech
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POSCO’s Pohang branch labor union joins wave of KCTU withdrawals 매일경제10:27POSCO’s Pohang branch labor union, one of the two major labor unions for the steelmaker, has withdrawn from the Federation of Korean Metalworkers’ Trade Un
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Kakao Entertainment takes labor restructuring step, encourages job moves 매일경제10:21The information technology (IT) valley in Pangyo, Gyeonggi Province, is being splashed with restructuring moves as South Korean tech companies realign busine
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Korea’s regional banks join hand with fintechs for loan portfolio growth 매일경제10:12South Korea’s local banks, which are facing severe aging in urban areas, are urgently seeking to attract younger customers and fintech companies are trying
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Taiwanese ship owners turn to Korean shipbuilders amid cross-strait tension 매일경제10:06South Korean shipbuilders are being favored by Taiwanese shipping companies and ship owners as they are chosen over the Chinese peers amid the cross-strait c