SK invests in U.S. biofuel company to boost green energy biz
SEOUL– SK Inc., the holding firm of South Korea’s No. 3 conglomerate SK Group, said Thursday it and a local private equity fund have invested a combined US$50 million in…
December 16, 2021
N. Korea in commemorative mood ahead of 10th anniv. of ex-leader’s passing
SEOUL– North Korea is holding a series of events memorializing late leader Kim Jong-il ahead of the 10th anniversary of his passing this week, Pyongyang’s state media said Thursday. Kim,…
Lee says his opposition to THAAD remains unchanged
SEOUL– Ruling Democratic Party presidential candidate Lee Jae-myung has said he is opposed to the deployment of the U.S. THAAD anti-missile system in South Korea but looks to work within…
S. Korea to reduce private gathering size to 4, restore 9 p.m. business curfew: PM
SEOUL– South Korea will reduce the maximum private gathering size to four people nationwide and restore a 9 p.m. curfew on restaurant and cafe business hours, Prime Minister Kim Boo-kyum…
N. Korea’s economy continues marketization under leader Kim: unification ministry
SEOUL– The private-sector proportion of North Korea’s economy has steadily been on the rise over the last decade since leader Kim Jong-un took power, Seoul’s unification ministry said Thursday, in…
Public sector debt tops 1,200 tln-won mark last year
SEOUL– South Korea’s public sector debt grew by the largest amount to exceed the 1,200 trillion-won (US$1 trillion) mark for the first time last year, the finance ministry said Thursday.…