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Lee Jun-seok declares to make a new party 경향신문 · 17:31
Lee Jun-seok, a former representative of the ruling People's Power Party, officially announced his departure from the PPP and the creation of a new party on
‘Excessive’ police questioning over celebrities’ alleged drug use comes under fire 코리아헤럴드 · 16:36
Controversy is brewing over the police's excessive investigation of celebrities following the sudden death of actor Lee Sun-kyun. Lee was found dead in an ap
Kakao Mobility’s plan to acquire FreeNow faces setback due to objection 매일경제 · 14:51
Kakao Mobility Corp.’s plan to acquire FreeNow, a leading taxi platform in Europe, is facing hurdles as its largest shareholder Kakao Corp. opposed the prop
Renowned surgeon Lee Cook-jong appointed as head of military hospital 매일경제 · 14:42
Lee Cook-jong, a trauma surgeon and professor at Ajou University Hospital, has been named as the head of a military hospital. According to the Ministry of Na
Actors, directors mourn death of Lee Sun-kyun 코리아헤럴드 · 14:39
Actors and those in the entertainment industry in South Korea on Thursday turned out in force to say goodbye to prolific actor Lee Sun-kyun who took his own
Hugel to retire $42.3 mn of treasury shares to enhance shareholder value 매일경제 · 14:36
South Korea’s leading botulinum toxin manufacturer Hugel Inc. said Thursday that it will retire treasury shares worth about 54.6 billion won ($42.3 million)
Korea to raise duty-free limit of perfume to 100 ml in 2024 매일경제 · 14:33
The South Korean government will raise the duty-free limit of perfumes purchased by overseas travelers to 100 milliliters in January 2024. According to the M
T’way Air poised to become Korea’s No.2 budget carrier in 2023 매일경제 · 14:24
South Korean low-cost carrier T’way Air Co. is poised to overtake Jin Air Co. and become the No.2 budget airline this year. According to a brokerage consens
Ildong Pharm seeks approval to produce Japan’s Covid-19 drug in S. Korea 매일경제 · 14:18
South Korea’s Ildong Pharmaceutical is pushing for approval from health authorities to manufacture Xocova (ensitrelvir) developed by Japan’s Shionogi as an
Korean savings banks lower fixed deposit rates amid economic slowdown 매일경제 · 14:06
In response to a slowdown in the economy and a reduction in deposit inflows, Korean savings banks, which were engaged in fierce deposit collection earlier th
Korea to introduce stress DSR system in February 2024 매일경제 · 13:54
The South Korean government will gradually introduce a system to regulate stress debt service ratio (DSR) for household loans starting from February 2024, a
Hyundai, Kia to see hybrid car sales soar 25% on year in 2023 매일경제 · 13:42
South Korea’s two major automakers Hyundai Motor Co. and Kia Corp. are expected to see their combined sales of hybrid vehicles surpass last year’s level by
KEPCO to receive $2.5 bn in interim dividends from power subsidiaries 매일경제 · 13:27
Korea Electric Power Corp (KEPCO), grappling with over 200 trillion won ($154.2 billion) in debt, will receive interim dividends worth 3.2 trillion won from
Korea signs FTA with Gulf Cooperation Council 매일경제 · 13:12
South Korea clinched a free trade agreement (FTA) with the Gulf Cooperation Council (GCC), a group of six Middle Eastern countries including Saudi Arabia and
Samsung, LG to unveil AI-powered home appliances at CES 2024 매일경제 · 12:18
South Korea’s top home appliance manufacturers Samsung Electronics Co. and LG Electronics Inc. are rushing to roll out innovative products combined with art

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