The chiefs of South Korean diplomatic missions in the Red Sea region will meet next week to discuss ways to enhance maritime security amid escalating tensions in the major shipping route, the foreign ministry said Thursday.
A senior ministry officia…
South Korea’s Ministry of Science and ICT will kick off the bidding process for the 28 gigahertz spectrum Thursday, aimed at establishing the country’s fourth official mobile carrier.
Three companies — Sejong Telecom Inc., Stage X Co. and My Mobile…
Foreign Minister Cho Tae-yul plans to visit a battle unit of the South Korean Navy early next week, his office said Thursday.
Cho will pay a visit to the Second Maritime Battle Group of the Navy’s Second Fleet, located in the Pyeongtaek base, 65 kil…
South Korea’s economy logged relatively decent growth last year despite sluggish exports and lukewarm domestic demand amid tightening monetary policies around the globe, central bank data showed Thursday.
The country’s real gross domestic product –…
LG Electronics Inc. on Thursday reported its fourth-quarter net loss of 76.4 billion won (US$57.2 million), remaining in the red compared with a year ago.
The company said in a regulatory filing that it posted 313.1 billion won in operating profit f…
South Korea’s top nuclear envoy has met with two senior officials of the North Atlantic Treaty Organization (NATO) and discussed North Korea’s recent provocations, the foreign ministry said Thursday.
Kim Gunn, special representative for Korean Penin…
South Korea will draw up a longer-term plan on how to operate low-interest rate loans for developing countries to better respond to their need for major infrastructure projects, the finance ministry said Thursday.
The plan was announced during an in…
SK hynix Inc. on Thursday reported its 2023 net loss of 9.13 trillion won (US$6.8 billion), turning from a profit of 2.24 trillion won a year earlier.
The company said in a regulatory filing that it posted an operating loss of 7.73 trillion won for …
The nominee for the U.S. Air Force under secretary has singled out North Korea and Iran as countries perceived as posing space-based risks to the United States, her written statement for the Senate confirmation hearing showed Wednesday.
Melissa Dalt…
SK hynix Inc. on Thursday reported its fourth-quarter net loss of 1.37 trillion won (US$1 billion), remaining in the red compared with a year ago.
Operating profit for the October-December period was 346 billion, compared with a loss of 1.91 trillio…