LG Electronics Inc.’s chief executive said Wednesday the company’s annual investment will reach 10 trillion won (US$7.57 billion) this year in a bid to expand its business boundaries and secure future growth momentum.
“Despite protracted macroeconom…
Lee Nak-yon, a former leader of the main opposition Democratic Party (DP), announced his departure from the party Thursday, saying the DP has turned into a shield for its Chairman Lee Jae-myung.
Lee made the remarks in a press conference at the Nati…
South Korea will provide US$3 million worth of humanitarian assistance to Japan’s Ishikawa Prefecture to help the region cope with the aftermath of an earthquake that killed more than 200 people, the foreign ministry said Thursday.
The government ho…
South Korea has decided to ban its nationals from traveling to the “Golden Triangle” region in Laos infamous for criminal activities starting next month, the foreign ministry said Thursday.
The Level 4 travel alert, the highest in the government’s f…
South Korean shares opened nearly flat Thursday as the country’s central bank was set to hold a rate setting meeting later in the day.
The benchmark Korea Composite Stock Price Index (KOSPI) added 1.16 points, or 0.05 percent, to 2,543.14 in the fir…