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"Suspension of Party Position When Prosecuted" Democratic Party Decides to Keep Existing Article in Party Constitution after a Heated Debate over "Bulletproofing" Lee Jae-myung 경향신문 · 17:08
On August 17, the Democratic Party of Korea’s emergency response committee decided not to amend Paragraph 1 of Article 80 of the party’s constitution, whic
Former President Moon Jae-in, "We Need President Kim Dae-jung's Spirit and Values More Now Than Ever Before" 경향신문 · 17:05
On August 18, the thirteenth anniversary of former President Kim Dae-jung’s death, former President Moon Jae-in said, “We have failed to advance on the pat
[Herald Interview] Acclaimed actor Jung Woo faces fresh challenge on 'A Model Family' 코리아헤럴드 · 16:07
Actor Jung Woo, who rose to fame after starring in the independent film “Wish” (2009) and tvN‘s hit drama “Reply 1994” (2013), has continued to show his...
Korea to drop 42 public entities from direct management to rationalize public sector 매일경제 · 15:33
The Korean government will change guidelines to drop 42 entities from direct state management for greater independence and liability in the public sector. Th
Seoul seeking legal cap on debt to GDP ratio as fiscal deficit already nears $80 bn in June 매일경제 · 15:15
South Korea will seek to legally bind the government to manage liabilities under 60 percent of the gross domestic product (GDP) to contain debt and fiscal de
Korean building materials makers ramp up capacity for glass wool on spiked demand 매일경제 · 14:45
Major glass wool providers in Korea are aggressively ramping up production of fire-retardant inorganic insulating materials in response to a sharp demand for
Korean media struggles to keep up with Netflix spending heavily to sweep Korean contents 매일경제 · 13:45
South Korean streaming services are calling for fair and lighter regulations for OTT platforms as they struggle to keep pace with multinational behemoths lik
SK takes over American energy solutions firm Atom Power at $151 mn 매일경제 · 13:42
South Korean energy and telecom giant SK Group will take over a controlling stake in Atom Power, a U.S. energy solutions firm, at 200 billion won ($151 milli
Seoul to have shareholders to specify purpose for owning 5% or more in Korea Inc. 매일경제 · 13:42
Shareholders holding 5 or more stake in listed companies in South Korea would be required to specify the purpose of stake ownership to clarify if management
Samsung Elec, SK hynix on stockpile of inventories likely to adjust yield H2 매일경제 · 13:39
South Korean IT component and finished goods majors are expected adjust their factory operation and output in the second half as they are required to ease th
Samsung Bioepis' Humira biosimilar approved both in high and low concentration in US 매일경제 · 13:39
The U.S. Food and Drug Administration (FDA) has approved a high-concentration (100 mg/mL) formulation of Hadlima, a biosimilar from Samsung Bioepis Co., whic
Ex Kumho Asiana chair sent back to jail on 10-year sentence on multiple corruption charges 매일경제 · 13:39
Park Sam-koo, former Kumho Asiana Group chairman, was sentenced to 10 years in prison Wednesday on charges of embezzling company funds, breach of trust and f
DSME rewarded $2 mn from long-time customer BW in goodwill gesture 매일경제 · 13:36
Daewoo Shipbuilding & Marine Engineering last Wednesday was rewarded $2 million in bonus by Singapore-based shipper BW Group on top of payment for two LNG ca...
Of Kospi members, 12% earned more in OP H1 than full 2021 매일경제 · 13:36
Of 677 Kospi members, 79 or 12 percent, earned more in profit from operation in the first half than the full 2021, with winners mostly in oil refining and fu
Naver under probe by law enforcement offices on multiple counts for abuse of power 매일경제 · 13:33
South Korean platform giant Naver has come under scrutiny by law enforcement authorities for abuse of domineering influence on multiple counts. The economic

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