Korea sees narrowing trade deficit with China, but risks remain

Korea will no longer be able to register a significant trade surplus with China, reoriented...

Hanwha Energy to buy larger stake in holding firm of Hanwha Group

Hanwha Energy Corp., fully owned by the three sons of Hanwha Group Chairman Kim Seung-youn,...

“MOFIA” figures increase numbers under Korean President Yoon Suk Yeol administration

The nominations of two incumbent and retired vice finance ministers to lead the Financial Services...

Samsung’s Q2 profit jumps 15-fold to $7.54 bil. on soaring chip demand

Samsung Electronics posted an operating profit of 10.4 trillion won ($7.54 billion) in the second...

Nongshim bolsters instant noodle marketing for foreign tourists to catch up with Samyang

Nongshim, one of the nation’s top instant noodle makers, is directly appealing to foreign visitors...

Korea raises 2024 economic growth outlook to 2.6 pct

The South Korean government raised its forecast for economic growth in 2024 to 2.6 percent...

What’s delaying establishment of Korea’s immigration agency?

The planned launch of an immigration agency, a campaign pledge by President Yoon Suk Yeol,...

Forum highlights UAE’s expansive investment opportunities

Strategic partnerships between Korea and the United Arab Emirates (UAE) will offer robust business opportunities...

Korea to provide 17 tln won of policy financing for chip industry investment

The finance ministry said Wednesday it will provide low-interest loans of 17 trillion won (US$12.22...

S. Korea’s auto exports expected to hit record high in 2024: report

South Korea’s car exports are forecast to reach a record high this year, driven by...