Ambassador to Australia Lee Jong-sup offered to step down Friday amid mounting criticism of his controversial appointment and departure that came despite the fact that he was subject to an investigation.
Lee has been under intense scrutiny after it …
Hyosung Group Honorary Chairman Cho Suck-rai, who played a pivotal role in shaping South Korea’s heavy chemical industry and establishing Hyosung as a global business entity, died of a chronic illness Friday, sources said. He was 89.
Cho died of a c…
Taihan Cable and Solution Co., South Korea’s second-biggest cable company, said Friday it has obtained a US$82 million power grid replacement deal in the United States.
With the latest order, Taihan Cable has already received $140 million worth of p…
The interior ministry said Friday it has inspected all early voting stations across the country ahead of the April 10 parliamentary elections and found spy cameras at 26 facilities as of 6 p.m.
The inspection took place a day after police detained a…
South Korean shipbuilder HD Hyundai Heavy Industries Co. said Friday it has received a US$463 million order in Peru to jointly build four warships with a local shipyard by 2029.
Peru’s state-owned shipbuilder SIMA Peru S.A. placed the order for join…