Kim Beom-su, founder of tech giant Kakao Corp., has filed for bail two months after being arrested over suspected stock manipulation related to the firm’s takeover of a K-pop agency last year, sources said Friday.
Kim, now chairman of Kakao’s Manage…
Korea Zinc Inc. said Friday it has raised the tender offer price for its own shares as a battle with Young Poong Corp. and private equity firm MBK Partners heated up for control of the world’s biggest zinc smelter.
The offer price increased to 890,0…
President Yoon Suk Yeol and Australian Prime Minister Anthony Albanese held talks Friday to discuss cooperation in defense, the arms industry and supply chains, Yoon’s office said.
Yoon and Albanese met on the sidelines of the East Asia Summit, atte…
When 2024 Nobel Literature Prize winner Han Kang’s “The Vegetarian” won the International Booker Prize back in 2016, Deborah Smith, the book’s London-based translator, received equal, if not greater, recognition.
That moment likely marked a turning …
Samsung Lions outfielder Koo Ja-wook has been voted the top player in South Korean baseball for the final month of the regular season.
The Korea Baseball Organization (KBO) announced Friday that Koo beat out seven candidates for the Player of the Mo…
President Yoon Suk Yeol condemned Friday the growing military cooperation between North Korea and Russia and called for the international community to unite against the North’s nuclear development and provocations.
Yoon addressed concerns over North…
South Korean novelist Han Seung-won said Friday he was so surprised to learn about his daughter Han Kang winning a Nobel Prize that he initially dismissed it as fake news.
Han Kang’s victory Thursday marks a historic moment for South Korea, as she b…
Novelist Han Kang’s books surged in sales on South Korean online bookstores following her Nobel Prize in literature win, with over 130,000 copies sold in less than a day on two major platforms.
Kyobo Book Centre and Yes24 reported Friday that they s…
South Korea’s central bank on Friday cut its key benchmark interest rate, its first pivot in its yearslong monetary tightening mode, as inflation continued to moderate and the property market showed signs of cooling.
As widely expected, the Bank of …
Household loans extended by banks in South Korea rose for a sixth straight month in September, led by an increase in mortgages, central bank data showed Friday.
Banks’ outstanding household loans came to 1,135.7 trillion won (US$841 billion) as of e…