South Korea logged the largest current account surplus in 32 months in May on the back of a sharp rise in the trade surplus and increased dividend income, central bank data showed Friday.
The country’s current account surplus reached US$8.92 billion…
North Korea on Friday stressed the need for swift and accurate weather forecasts, as heavy rain likely to fall during the summer monsoon season could seriously affect the country’s agriculture.
The Rodong Sinmun, the North’s main newspaper, reported…
Samsung Electronics Co. on Friday estimated its second-quarter operating profit shot up more than 15-fold, as a prolonged boom in artificial intelligence computing lifted prices of memory chips.
The world’s biggest maker of memory chips expected a s…
The homegrown streaming platform Tving is gaining ground on market leader Netflix in South Korea, data showed Friday.
Tving’s monthly active users (MAU) surged 27 percent to 7.39 million in the first half, while Netflix experienced a 16 percent decl…
The Democratic Party (DP) on Friday criticized President Yoon Suk Yeol’s nomination of Lee Jin-sook, a former journalist of public broadcaster MBC, as new chief of the state broadcasting watchdog.
“Is he in his right mind to assign such a significan…