Seoul: SK hynix Inc. announced that its third-quarter operating profit exceeded 10 trillion won (US$6.97 billion), driven by strong performance in the high bandwidth memory (HBM) sector, which plays a

Seoul: Korea’s economy is anticipated to grow at a higher rate than initially forecast, potentially exceeding 1 percent this year, according to Bank of Korea (BOK) Governor Rhee Chang-yong. This

Seoul: The number of South Koreans moving to new homes rose to a four-year high in September, driven in part by the Chuseok holiday, which fell in October this year,

Gyeongju: U.S. President Donald Trump announced plans to establish a collaborative shipbuilding industry with South Korea during a keynote speech at the Asia-Pacific Economic Cooperation (APEC) CEO summit in Gyeongju,

Seoul: U.S. and South Korea have made progress on their fraught trade deal. On the final leg of President Donald Trump’s tour of Asia, he met with his South Korean

Gyeongju: The World Trade Organization (WTO) continues to be a crucial element of global trade despite the growing trend of protectionism, according to a senior official at the WTO. The