Sejong: The nominee to head the finance ministry on Wednesday vowed to make efforts to tame inflation while maintaining South Korea’s economic momentum through the three megaprojects initiative.
According to Yonhap News Agency, Lee Hyoung-il, who wa…
Seoul: U.S. restaurant chain Chipotle Mexican Grill Inc. opened its first outlet in Asia in Seoul as it seeks to expand into Asian markets. Chipotle has set up a joint venture, SandC Restaurants Holdings Pte., with an affiliate of South Korean food an…
Seoul: Conflicting fiscal and monetary policies in South Korea are leaving many households struggling to cope with rising costs, despite the nation’s promising economic growth. On one hand, South Korea is experiencing a semiconductor boom and anticipa…
Seoul: The head of the Office for Government Policy Coordination emphasized the critical need for regional development, stating that South Korea may have no future without achieving balanced national development.
According to Yonhap News Agency, Min…
Seoul: South Korean stocks started sharply lower Wednesday, tracking losses on Wall Street, as the United States and Iran continued exchanging military attacks, which pushed up oil prices. The benchmark Korea Composite Stock Price Index (KOSPI) fell 2…
South korea: South Korea’s consumer prices increased by 3.1 percent in August compared to the previous year, driven by elevated oil prices, as indicated by data released on Wednesday.
According to Yonhap News Agency, the consumer price growth remain…
Berlin: South Korean tech giant Samsung Electronics Co. announced Wednesday that it will showcase a range of new artificial intelligence (AI)-powered home appliances at IFA 2026, a major home electronics trade show.
According to Yonhap News Agency, …
