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Financial holding firms’ net profit up on strong lending, insurance businesses 매일경제15:48South Korea’s 10 largest financial holding companies saw their net profits surge 10.1 percent in the first half of this year, reaching an all-time high on t -
Korean consumer sentiment dips on delayed economic recovery, high inflation 매일경제15:21Consumer sentiment in South Korea turned pessimistic again after four months, as expectations of economic recovery wane and inflation remains persistently hi -
Over 900 Korean companies remained heavily indebted as of 2022 매일경제15:06There is a troubling trend in South Korea, where the number of financially vulnerable companies whose borrowing costs remained higher than their earnings for -
Gov’t to leave health insurance rates unchanged in 2024 매일경제14:42The South Korean government will keep health insurance premiums unchanged in 2024 for the first time in seven years to counter increases in utility bills, in -
Single-person households’ monthly spending averages $1,148 amid high inflation 매일경제14:27The monthly spending of a single-person household in South Korea averaged 1.55 million won ($1,148) last year, with basic living costs such as groceries and -
Seoul streets transform to open stage for Seoul Street Arts Festival 코리아헤럴드14:24Seoul's streets are to become a festive outdoor venue for various street arts, circus performances, dance, multidisciplinary shows and art installations this -
SKC to invest in U.S. smart window technology firm Halio 매일경제13:54South Korea’s SKC is expanding its energy-saving solutions business by investing in U.S.-based smart window technology company, Halio. SKC’s board of direc -
XG storms back with 'New DNA' 코리아헤럴드13:38Japanese K-pop band XG returned to the music scene on Wednesday with its first EP "New DNA." The latest release by the seven-piece girl group comes nine mont -
Ford’s suspension of JV plant with CATL may benefit Korean battery makers 매일경제13:18American automotive giant Ford Motor has temporarily suspended plans to build a joint battery factory with China’s Contemporary Amperex Technology Co. Limit -
NewJeans sings 2023 Lol World Championship anthem 코리아헤럴드12:58K-pop girl group NewJeans will sing the anthem of the 2023 League of Legends World Championship, “Gods,” according to Riot Games. The anthem will be releas -
Shinhan Bank to pour $2.2 bn into state defense export initiative 매일경제12:42Shinhan Bank Co., one of the major commercial lenders in South Korea, announced Tuesday that it will spend 3 trillion won ($2.22 billion) in funds by the end -
Samsung develops industry’s first LPCAMM 매일경제12:15Samsung Electronics has unveiled the industry’s first Low Power Compression Attached Memory Module (LPCAMM), in a significant breakthrough in the DRAM marke -
Korean traditional markets gain vitality with Coupang Eats 매일경제12:03Many traditional markets in South Korea are gaining new life thanks to Coupang Inc.’s delivery app service. According to the Small Enterprise and Market Ser -
SK telecom to offer communication-focused AI services 매일경제11:33South Korea’s top mobile carrier SK telecom Co. plans to introduce a large language model (LLM)-based artificial intelligence (AI) service that specializes -
Gov’t to expand public housing sites to boost housing supply 매일경제11:12The South Korean government will supply more than 30,000 additional housing units in the third phase of new towns to boost the country’s housing supply. It
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