Renault Samsung’s March sales tumble 43 pct on weak domestic demand

SEOUL– Renault Samsung Motors Corp. said Thursday its sales plunged 43.2 percent last month from a year earlier due to weak domestic demand. The South Korean unit of Renault S.A.…

Defense ministry voices confidence in probe results of deadly Cheonan ship sinking

SEOUL– The defense ministry said Thursday that it trusts the results of a civilian-military joint probe blaming North Korea for the 2010 sinking of a South Korean warship, after a…

7 U.S. service members, dependent test positive for COVID-19

SEOUL– Seven American service members and a dependent have tested positive for the new coronavirus upon their arrival here in the past two weeks, U.S. Forces Korea (USFK) said Thursday.…

ITC backs SK in battery patent suit over LG

SEOUL– The U.S. International Trade Commission (ITC) on Thursday made a preliminary ruling in favor of SK Innovation Co. in a patent suit with LG Energy Solution Ltd., the latest…

Seoul stocks hit 5-week high on U.S. stimulus plan

SEOUL– South Korea’s benchmark stock index closed at the highest in five weeks Thursday amid hopes for a massive infrastructure project by the United States. The Korean won slightly fell…

Top diplomats of S. Korea, Brunei hold phone talks on bilateral ties, regional issues

SEOUL– Foreign Minister Chung Eui-yong spoke by phone Thursday with his Bruneian counterpart, Erywan Yusof, to discuss bilateral relations, economic cooperation and regional issues, the foreign ministry said. The two…

S. Korea to adopt ‘vaccine passports’ showing person’s COVID-19 vaccination status: PM

SEOUL– South Korea will introduce a digital certification system to verify a person’s COVID-19 vaccination status through a smartphone application this month, amid the government’s efforts to boost people’s participation…

Seoul High Court judge nominated as new Supreme Court justice

SEOUL– A senior judge at the Seoul High Court has been selected as the final candidate to succeed outgoing Supreme Court Justice Park Sang-ok, the top court said Thursday. Chief…

Google to invest over 50 bln won in Kakao Mobility

SEOUL– U.S. tech giant Google will invest more than 50 billion won (US$44.15 million) in Kakao Mobility Corp., the country’s top taxi-hailing company, parent Kakao Corp. said Thursday. Google will…

S. Korea to get scaled-back volume of AstraZeneca vaccines this week

SEOUL– South Korea will get 432,000 doses of AstraZeneca’s COVID-19 vaccines later this week, a smaller amount than previously planned, health authorities here said Thursday, easing concerns that the country…