Seoul: The new chief financial regulator has pledged to lead initiatives aimed at channeling funds into “productive” sectors by revamping relevant policies and regulations. In his inauguration speech, Lee Eog-weon,

Seoul: Hyundai Engineering and Construction Co. (Hyundai E and C) announced its acquisition of a 4.39 trillion-won (US$3.16 billion) contract to construct a seawater treatment plant in Iraq. The project

Seoul: Senior defense officials from South Korea and the Philippines convened in Seoul to explore avenues for strengthening collaboration in the defense and arms industry sectors, as stated by the

Seoul: The KOSPI 200 index revealed a mixed performance in its latest closing prices, with several companies witnessing notable shifts. DN AUTOMOTIVE saw a decline, closing at 26,000, down by

Seoul: Prosecutors on Monday requested prison sentences for nearly a dozen lawmakers affiliated with the predecessor of the main opposition People Power Party (PPP) over their alleged involvement in a

Seoul: South Korean stocks opened higher Monday, driven by chip shares, as the government decided to scrap a plan to lower the threshold of major shareholders subject to the capital