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…
North Korea has completed preparations to launch a long-range missile and has put a mobile launcher in place, South Korea’s military intelligence agency said Wednesday.
The Defense Intelligence Agency gave the assessment during a parliamentary audit,…
South Korea will offer an additional 80 billion won (US$57.7 million) in loans to help local businesses achieve carbon neutrality, the industry ministry said Wednesday.
The latest support follows two previous rounds held earlier this year, during whi…
Hanwha Solutions Corp., a renewable energy services and chemicals affiliate under Hanwha Group, said it swung to a deficit in the third quarter due to waning demand and rising logistics costs.
Its net loss reached 387.6 billion won (US$280.2 million)…
The amount of container cargo processed at South Korean seaports rose 3.5 percent in the third quarter, data showed Wednesday, driven by stronger shipments to the United States and China.
The container cargo handled at the country’s ports nationwide …