Seoul: The government has designated Seosan and Pohang as special crisis-response zones to address the challenges faced by South Korea’s petrochemical and steel sectors due to global oversupply, as announced

Seoul: The KOSPI 200 index experienced varied shifts as trading closed, with notable gains in semiconductor and automotive sectors. SK Hynix and Hyundai Rotem were among the standout performers, both

Seoul: The central bank on Thursday raised its economic growth forecast for South Korea to 0.9 percent for this year amid signs of a recovery in consumption and eased uncertainties

Brussels: Combined vehicle sales of South Korea’s leading automaker Hyundai Motor Co. and its affiliate Kia Corp. in Europe fell 2.3 percent from a year earlier in July, industry data

Seoul: Nuclear energy is emerging as a preferred area of cooperation between Korea and the United States, as more nations turn to nuclear power to meet soaring electricity demand in

Seoul: South Korea’s central bank kept its benchmark interest rate unchanged Thursday in a bid to ensure financial stability amid persistent concerns about rising housing prices and household debt. The