The minimum wage for next year was set at 10,030 won (US$7.30) per hour Friday, marking the first time the compulsory hourly minimum wage has surpassed the 10,000 won level.
The rate reached during the 11th plenary meeting of the Minimum Wage Commis…
President Yoon Suk Yeol returned home Friday from his five-day trip to the United States that was focused on bolstering security against rising threats posed by deepening military ties between North Korea and Russia.
Yoon attended the North Atlantic…
How to end the deep-rooted medical practice
The government has announced a plan to improve the current medical service delivery structure toward the direction of encouraging large hospitals to concentrate on patients with serious illnesses or emerge…
Seoul shares closed lower Friday, snapping a rise for three consecutive sessions, as investors cashed in profits after the U.S. market finished bearish despite slowing inflation data. The local currency fell against the U.S. dollar.
The benchmark Ko…
Find amicable solution
Labor dispute amid intensifying chip war stokes concerns
A group of Samsung Electronics union members initiated an indefinite strike on Wednesday, creating concerns about the possible repercussions on the tech giant as a glob…