President Yoon Suk Yeol on Tuesday granted a special pardon to former South Gyeongsang Gov. Kim Kyoung-soo on the occasion of Liberation Day, reinstating his rights to run for public office despite objections from members of his ruling party.
The pa…
Doubleugames Co. on Tuesday reported its second-quarter net profit of 64.2 billion won (US$46.8 million), up 44.5 percent from a year earlier.
The company said in a regulatory filing that operating income for the April-June period rose 33.4 percent …
South Korea’s electricity demand hit an all-time high Monday as the country was struck by scorching summer heat, data showed Tuesday.
The country’s maximum power demand reached 102.327 gigawatts between 2-3 p.m. Monday, surpassing the previous recor…
North Korea on Tuesday denounced top U.S. officials’ joint opinion piece that touted “unprecedented” trilateral cooperation among South Korea, the United States and Japan as feats of U.S. President Joe Biden’s Indo-Pacific diplomacy.
In the piece pu…
Foreign investors remained net buyers of South Korean shares for the ninth consecutive month in July, data showed Tuesday.
Foreigners net purchased 2.49 trillion won (US$1.82 billion) worth of local listed stocks last month, following their net purc…
The vice chairman of the Anti-Corruption and Civil Rights Commission (ACRC) offered to resign Tuesday following the death of a senior official who was involved in investigating politically sensitive cases.
Vice Chief Chung Seung-yun expressed his in…
Financial firms will be allowed to use generative artificial intelligence and cloud computing to develop new innovative products once they secure the means to ensure the security of their networks, the financial regulator said Tuesday.
Financial fir…
Samsung Electronics Co.’s labor union said Tuesday it will launch a four-day strike from Liberation Day this week, stepping up pressure over their demand for a pay raise and additional bonuses.
The National Samsung Electronics Union (NSEU), the larg…
President Yoon Suk Yeol on Tuesday reinstated the civil rights of former South Gyeongsang Gov. Kim Kyoung-soo under Liberation Day special pardons, enabling him to run for public office despite objections from members of the ruling party.
The pardon…
President Yoon Suk Yeol has expressed frustration over the recent controversy surrounding when should be South Korea’s national founding day, saying it is an issue that does no good for people’s livelihoods.
The controversy began after Yoon appointe…