SEOUL– The ruling Democratic Party (DP) decided Tuesday to ask 12 sitting party lawmakers suspected of involvement in illegal real estate dealings to leave the party voluntarily. The decision came…
SEOUL– SK hynix Inc., South Korea’s No. 2 chipmaker, on Tuesday denied a rumor that it is facing damage worth 2 trillion won (US$1.7 billion) over defective DRAMs, saying that…
SEOUL– The prosecution sought a life sentence on Tuesday for the CEO of Optimus Asset Management, who is at the center of a massive financial fraud. At the sentencing hearing…
SEOUL– South Korea’s Samsung Heavy Industries Co. said Tuesday that it has been countersued by Japanese oil and developer INPEX after it filed a complaint against INPEX for not paying…
SEOUL– Unionized delivery workers threatened Tuesday to go on strike as their talks with the government and logistics firms to prevent their overwork have made little progress. The 6,500-strong Parcel…
SEOUL– South Korea’s daily new virus cases remained in the 400s for the second straight day Tuesday amid efforts to boost the country’s vaccination campaign. The country reported 454 more…