New automobile sales during the first nine months of the year fell over 8 percent from a year earlier amid high borrowing costs and a slowdown in global electric vehicle demand, industry data showed Wednesday.
According to the data from the Korea Aut…
South Korea’s media regulator said Wednesday it plans to impose a fine on the operator of Chinese e-commerce platform AliExpress over what it called deceptive business practices.
AliExpress is suspected to have inflicted harm on its users by posting …
The industry ministry said Wednesday it has discussed industrial cooperation in cutting-edge sectors with a U.S. delegation of business officials.
Deputy Trade Minister Park Jong-won met with the delegation led by Tami Overby, vice chair of the US-As…
A joint exhibition aimed at promoting information technology exchanges between North Korea and Russia has opened in Pyongyang, the North’s state media said Wednesday, marking their first such event in 18 years.
The exhibition, held at the People’s Pa…
Samsung SDS Co. on Wednesday reported its third-quarter net income of 185.8 billion won (US$134 million), up 5.2 percent from a year earlier.
The company said in a regulatory filing that it posted 252.8 billion won in operating profit for the quarter…
POSCO DX Co. on Wednesday reported its third-quarter net income of 21.7 billion won (US$15.7 million), down 17.5 percent from a year earlier.
The company said in a regulatory filing that it posted 26.3 billion won in operating profit for the quarter,…
The U.S. Embassy in Seoul said Wednesday it is hosting a tech camp for young South Koreans, featuring sessions on the use of artificial intelligence (AI).
The “TechCamp Korea 2024,” set for a four-day run beginning Thursday, will invite 50 young adul…
South Korean stocks started lower Wednesday due to losses from large-cap shares in tech and auto firms.
The benchmark Korea Composite Stock Price Index (KOSPI) lost 15.27 points, or 0.58 percent, to 2,602.53 in the first 15 minutes of trading.
Overn…
South Korea’s presidential committee on population policy unveiled additional steps Wednesday to support employees balancing work and family life, aiming to address the country’s critically low birth rate.
The announcement comes amid South Korea’s al…
South Korea will strengthen cooperation with Latin American nations to help facilitate digital transformation and develop digital economy in the region, the science ministry said Wednesday.
The agreement was made at the fourth Korea-Latin America and…