Finance minister Hong Nam-ki said on Thursday that the government will take measures to stabilize the foreign exchange market if needed.The minister made the remarks during an emergency economy meeting in Seoul as the local currency plunged to the lowe…
The benchmark Korea Composite Stock Price Index(KOSPI) rose 28-point-43 points, or one-point-08 percent, on Thursday, closing the day at two-thousand-667-point-49.The tech-heavy KOSDAQ fell however, losing three-point-96 points, or zero-point-44 percen…
The government has examined corporate grievances one month after implementing export controls against Russia and Belarus over Moscow’s invasion of Ukraine.In a meeting held on Wednesday related to the export curbs, the trade ministry discussed the impa…
LG Electronics reported its highest ever first-quarter revenues in the January-March period this year. The South Korean tech giant said on Thursday that the firm racked up sales of 21-point-11 trillion won and an operating profit of one-point-88 trilli…
SEOUL– South Korea’s daily new coronavirus cases went down to fewer than 60,000 on Thursday as most of the country’s virus restrictions have been lifted amid the slowdown of the omicron wave.The country added 57,464 new COVID-19 infections, including …
Samsung Electronics posted a quarterly sales record of over 77 trillion won for the first quarter of the year on the back of strong semiconductor and smartphone sales.The South Korean tech giant said on Thursday that its sales for the first quarter cam…
Daily COVID-19 cases fell to the 50-thousands to remain below 100-thousand for the eighth consecutive day, amid the continued recession of the omicron wave.The Korea Disease Control and Prevention Agency said on Thursday that 57-thousand-464 cases were…
Korean American singer Steve Yoo has lost his second lawsuit against South Korea’s diplomatic mission in the United States. The Seoul Administrative Court on Thursday ruled against Yoo, who had filed a lawsuit against the Korean Consulate General in Lo…