SEOUL– Apple will allow alternative payment systems in South Korea in compliance with a new local law that bans app store operators from forcing their own in-app payment systems, the…
SEOUL– The number of South Korean companies that returned home from their offshore operations and their investment at home hit an all-time high last year, the industry ministry said Tuesday.…
SEOUL– LG Chem Ltd., South Korea’s leading chemical materials producer, said Tuesday it will build a new factory in South Korea to produce high-nickel cathode materials for electric vehicle (EV)…
SEOUL– The Supreme Court on Tuesday upheld a lower court’s decision to sharply reduce the fine for Audi Volkswagen Korea (AVK) and clear the company of most of the charges…
SEOUL– North Korea fired a suspected ballistic missile toward the East Sea on Tuesday, South Korea’s military said, less than a week after it launched what it claimed to be…
SEOUL– Insurance firms in South Korea saw their risk-based capital ratio fall in the third quarter of last year amid rising market interest rates, data showed Tuesday. The risk-based capital…