Soosan Heavy Industries Co. on Thursday announced that it will sell stock to raise 20 billion won(US$15.1 million). The proceeds from the stock sale will be used mainly to pay off its debts.According to a regulatory filing, the company will issue some…
Seoul shares ended sharply higher Thursday, helped by gains in tech shares after Nvidia’s earning surprise, as investors are awaiting the Federal Reserve chief’s speech for any clues in its rate policy. The Korean won sharply rose against the U.S. dol…
Many fish markets in South Korea’s famous seaside cities remained all but empty Thursday while fishermen voiced fears for their livelihoods amid a drop in seafood consumption over Japan’s release of treated radioactive water from the crippled Fukushim…
South Korean tech giant Naver Corp. on Thursday unveiled an upgraded version of its hyperscale artificial intelligence model HyperCLOVA X and its conversational chatbot service tailored for the Korean language.It is Naver’s weapon of choice to win the…
South Korea has no other choice but to accept Japan’s decision to discharge contaminated water from its crippled Fukushima nuclear power plant into the sea “as a responsible member of the international community,” Seoul’s oceans minister said Thursday…