SEOUL– South Korean automaker Hyundai Motor Co. is grappling with automotive chip shortages, which have disrupted production of its popular models in local factories, industry officials said Tuesday. Hyundai Motor…
SEOUL– South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Tuesday that it has signed a 990 billion won (US$845 million) order to build four liquefied natural gas…
SEOUL– South Korean internet giant Kakao Corp. said Tuesday it has decided to form a 300 billion won (US$256.2 million) fund for small merchants and scrap some of its services…
SEOUL– South Korea and the United States have yet to figure out detailed information on North Korea’s latest cruise missile tests, including the location of their launch and impact sites,…
SEOUL– President Moon Jae-in met with the members of BTS, a popular South Korean boy band, at his office Tuesday and awarded them the certificates of appointment as his special…
SEOUL– South Korea said Tuesday it will seek to triple the ceiling on Seoul’s low-interest rate loans to the Philippines over the next five years in an effort to strengthen…