Majority Democratic Party (DP) leader Lee Jae-myung has made it official. With regard to the way to elect proportional representatives in the April 10 parliamentary elections, he said he would stick with the current system of assigning 47 seats out o…
SEOUL, A court on Tuesday recognized the state’s liability to compensate humidifier disinfectant victims or their bereaved families for the first time in South Korea.
The Seoul High Court overturned a lower court’s verdict that the state is not resp…
SEOUL, South Korean defense firm LIG Nex1 has clinched a US$3.2 billion deal to export mid-range surface-air-to missiles (M-SAM II) to Saudi Arabia, Seoul’s defense ministry said Tuesday.
LIG Nex1 inked the contract with the Saudi defense ministry t…
SEJONG, Health Minister Cho Kyoo-hong said Tuesday the government plans to boost the number of medical students by 2,000 next year to help ease public health concerns in rural areas, while a major business lobby of doctors warned of a strike over the…
SEOUL, SKC Ltd. on Tuesday reported its 2023 net loss of 326.4 billion won (US$245.9 million), remaining in the red compared with the previous year.
The company said in a regulatory filing that it posted an operating loss of 216.3 billion won for th…