An elderly South Korean survivor of Japan’s wartime forced labor has accepted a disputed government-led compensation package, people familiar with the matter said Wednesday, joining others who have chosen to receive the payout despite a 2018 court rul…
Samsung SDI Co., a major South Korean battery maker, said Wednesday its third-quarter net profit plunged 63 percent from a year earlier due to a slowdown in electric vehicle sales.
Net profit for the three months to September fell to 230.4 billion wo…
Defense Minister Kim Yong-hyun has visited the U.S. Naval Sea Systems Command (NAVSEA), officials said Wednesday, as part of efforts to strengthen defense technology cooperation between the two nations.
During his visit Tuesday (local time), Kim was …
Expanding the role of green energy sources in South Korea’s energy mix will create economic opportunities in both trade and investment, the head of a renewable energy advocacy group said Wednesday.
Helen Clarkson, CEO of the London-based nonprofit Cl…
Hyundai Motor Co. said Wednesday it has signed a 610-gigawatt-hour (GWh) power purchase agreement (PPA) with SK E and S Co. and other partners, the latest in its renewable energy transition efforts.
The automotive giant said its renewable energy supp…
Korea Zinc Co. said Wednesday it will issue new shares in its stepped-up efforts to help fend off a takeover attempt by the coalition of its biggest shareholder and a private equity firm.
Korea Zinc plans to issue 3,732,650 shares to raise 2.5 trilli…
LG Chem Ltd., South Korea’s leading chemical firm, said Wednesday it will strengthen its presence in the global automotive adhesives market under its business diversification strategy.
LG Chem plans to supply thermally conductive adhesives to an unid…
A “small number” of North Korean troops are already in Russia’s western front-line Kursk region, a Pentagon spokesperson confirmed Tuesday, citing indications that they will be used in “some type of infantry role.”
Pentagon press secretary Maj. Gen. …
Samsung SDI Co. on Wednesday reported its third-quarter net profit of 230.4 billion won (US$166.6 million), down 63 percent from a year earlier.
The company said in a regulatory filing that it posted 129.9 billion won in operating profit for the quar…
Rose of popular K-pop girl group BLACKPINK set a new YouTube record for K-pop female solo artists with the music video for “APT.”, her collaborative single with American pop star Bruno Mars.
The video exceeded 200 million views around 11 a.m., in abo…