Seoul: The defense acquisition agency has finalized a significant agreement with LIG Nex1 Co. to develop homegrown underwater mine-detection and removal systems for Navy minesweepers currently being developed. This deal,

Seoul: South Korea’s industrial production remained unchanged from a month earlier in August, while retail sales posted the sharpest on-month decline in 18 months, data showed Tuesday. Retail sales, a

Busan: President Lee Jae Myung held summit talks Tuesday with outgoing Japanese Prime Minister Shigeru Ishiba in the southeastern city of Busan and agreed to cooperate to tackle shared challenges

Seoul: The KOSPI 200 index reflected a mixed performance with several companies experiencing notable shifts in their stock prices.

According to Yonhap News Agency, the trading session revealed significant

Seoul: Unionized workers of Kia Corp., South Korea’s second-largest carmaker, voted Tuesday to accept a wage hike deal for this year, the company said, marking the fifth consecutive year the

Seoul: A coalition of unions from 13 Samsung Group affiliates is poised to demand reforms in the group’s performance-based bonus system. This move follows a recent change in the bonus