Chung Mong-koo, honorary chairman of Hyundai Motor Group, was the highest paid person in the country’s top conglomerates during the first half of the year, while Lotte Group Chairman Shin…
– South Korean stocks retreated for an eighth straight session Tuesday as disappointing Chinese economic data raised concerns about a slowdown in global economic recovery. The Korean won fell against…
Samsung Heavy Industries Co. on Tuesday announced that it will sell stocks to raise 1.23 trillion won (US$1.1 billion) to improve its financial health and develop eco-friendly shipbuilding technologies. Samsung…
Rep. Hong Joon-pyo, a five-term lawmaker of the main opposition People Power Party (PPP), officially announced Tuesday he will run in the presidential election slated for March. Hong, who lost…
The leaders of South Korea and Kazakhstan agreed during their summit talks here Tuesday to deepen and expand their “strategic partnerships” in various sectors, including those related to the fourth…
Jeju Island, South Korea’s most popular travel destination, is set to raise its social distancing restrictions to the toughest Level 4 this week to cope with a recent spike in…