Seoul: Acting Prosecutor General Koo Ja-hyeon offered to resign Friday, shortly after the National Assembly, led by the ruling Democratic Party (DP), passed a bill
Seoul: The South Korean won strengthened to a nine-month high against the U.S. dollar, following suspected market-smoothing operations by the nation’s foreign exchange authorities. The
Seoul: The Financial Services Commission (FSC) announced on Friday that stringent regulations will be enacted in early August to address the issue of “split listing”
Seoul: Pan Ocean Co. Ltd. on Friday reported a second-quarter net profit of 137.5 billion won (US$96.2 million), reflecting a 12 percent increase from the
Seoul: The National Assembly, under the leadership of the ruling Democratic Party (DP), has approved a contentious bill to strip the prosecution of its direct
Seoul: The government is currently evaluating plans to significantly relax labor regulations for a new semiconductor production cluster in the southwestern city of Gwangju, which
Seoul: Lotte Card Co. has been slapped with 5 billion won (US$3.38 million) in financial penalties and a business suspension of 1.5 months over its
Seoul: Hanon Systems on Friday announced a notable turnaround in its financial performance, posting a second-quarter net profit of 86.1 billion won (US$59.8 million). This