President Yoon Suk Yeol pledged on Thursday to implement various policy support measures aimed at assisting small business owners and vulnerable groups struggling with loan repayments due to the impact of the COVID-19 pandemic.
Yoon made the remarks …
North Korea has abolished laws on inter-Korean economic cooperation, state media said Thursday, as tensions between the two Koreas have deepened after the North declared there is no point in seeking reunification with the South.
During a year-end par…
Lotte Shopping Co. on Thursday reported its 2023 net income of 179.7 billion won (US$135.3 million), turning from a loss of 318.7 billion won a year earlier.
Operating income for the year was 508.4 billion won, up 31.6 percent from the previous year,…
Coway Co. on Thursday reported its 2023 net profit of 471 billion won (US$354.8 million), up 2.9 percent from a year earlier.
The company said in a regulatory filing that operating income for the year rose 8 percent on-year to 731.3 billion won. Annu…
An appeals court on Thursday upheld a two-year prison sentence for former Justice Minister Cho Kuk convicted of academic fraud involving his children and unlawful interference with a government inspection.
The Seoul High Court confirmed a lower court…