SEOUL, Rep. Lee Sang-min, a five-term lawmaker who left the main opposition Democratic Party (DP) last month, joined the ruling People Power Party (PPP) on Monday, saying he will try to help the PPP win April’s general elections.

“The PPP should bec…

SEOUL, A doctors’ group filed a complaint against opposition leader Lee Jae-myung on Monday, claiming he unfairly used an emergency helicopter to move from the southeastern city of Busan to Seoul when the knife wound he sustained was not serious enou…

SEOUL, The government called on troubled Taeyoung Engineering and Construction Co. on Monday to present additional self-rescue measures to gain the trust of creditors and initiate a debt workout process, the finance ministry said.

Last month, the mi…

SEOUL, The presidential office is considering deleting records of overdue loan repayments for small business owners and vulnerable groups whose payments were delayed due to the impact of the COVID-19 pandemic, an official said Monday.

The “credit pa…

SEOUL, LG Electronics Inc. on Monday estimated its fourth-quarter operating profit at 312.5 billion won (US$237.3 million), up 350.9 percent from a year earlier.

Revenue increased 5.9 percent to 23.15 trillion won. The data for net earnings was not …

SEOUL, South Korea plans to launch two more military spy satellites this year to better monitor North Korea, the state arms procurement agency said Monday, a move that could heat up the inter-Korean space race.

The Defense Acquisition Program Admini…

LAS VEGAS, LG Electronics Inc. on Sunday announced its upcoming showcase of “Smart Life Solutions,” a cutting-edge lineup centered around artificial intelligence, at the upcoming CES 2024 tech show.

With a theme of “Reinvent your future,” the South …

SEOUL, The risk of accidental clashes between the two Korea has risen as buffer zones created under a 2018 inter-Korean military agreement became invalid following North Korea’s conducting of live-fire drills near the western maritime border.

Tensio…

SEOUL, Six years after hosting the Winter Olympic Games, the South Korean eastern province of Gangwon will be back in the winter sports spotlight this month, as it stages the fourth edition of the Winter Youth Olympics.

The youth competition will op…

SEOUL, North Korean state media outlets remained silent on the presumed 40th birthday of their leader Kim Jong-un on Monday.

The Korean Central News Agency, Rodong Sinmun, Korean Central Television and Korean Central Broadcasting Station have yet to…