SEJONG, South Korea’s finance ministry said Tuesday it plans to expand the scope of research and development (RandD) projects eligible for tax credits this year in line with efforts to secure new growth engines.
Under the plan, South Korea will offe…
SEOUL, South Korean stocks opened higher Tuesday as U.S. shares reached an all-time high overnight on growing optimism over the U.S. economy.
The benchmark Korea Composite Stock Price Index rose 9.84 points, or 0.4 percent, to 2,474.19 in the first …
SEOUL, The number of labor union members in South Korea and the unionization rate, or the percentage of workers represented by a union, have both taken a downward turn, the labor ministry said Tuesday.
According to the ministry’s latest data, the nu…
SEOUL, A fire broke out at a large marine products market in the central county of Seocheon and burned down 227 shops, but there were no human casualties, officials said Tuesday.
The blaze erupted at 11:08 p.m. on Monday and firefighters put the maj…
SEOUL, North Korean leader Kim Jong-un’s recent hostile rhetoric toward Seoul will not affect South Korea’s decadeslong blueprint for unification, an official said Tuesday.
Kim has been lambasting South Korea with sharp-worded rhetoric, defining int…