SEOUL, President Yoon Suk Yeol vowed Wednesday to implement “bold” reforms in stock market taxes to correct the perceived undervaluation of South Korean shares and improve the financial situation of ordinary people.

Yoon made the remark during a mee…

SEOUL, The state audit agency said Wednesday the government of Gyeonggi Province poorly supervised private companies receiving its subsidies, mostly during the time when opposition leader Lee Jae-myung served as governor.

Announcing the results of a…

SEOUL, South Korean budget airline Jin Air Co. said Wednesday it posted record earnings in 2023 on strong demand, shaking off the fallout of the coronavirus outbreak.

Net income came to an all-time high of 135.8 billion won (US$101 million) on a sep…

SEOUL, North Korea’s state-run broadcasting station on Wednesday aired a map that highlights only the northern part of the Korean Peninsula in red after its leader vowed to no longer seek reconciliation and unification with South Korea.

In the initi…