SEOUL, Retail sales in South Korea rose by 8.8 percent on-year in May, driven by promotional events launched by online shopping platforms, data showed Tuesday.

The combined sales of 25 major offline and online retailers amounted to 16.3 trillion won…

SEOUL, Seoul shares closed higher Tuesday as investors hunted for bargains, with logistics and automobile shares leading the overall gains. The Korean won gained against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI) added …

SEOUL, Samsung Electronics Co. said Tuesday it has completed building infrastructure to produce faster and more efficient chips for artificial intelligence (AI) computing.

The infrastructure for so-called compute express link (CXL) technology was bu…

SEOUL, South Korea and the United States kicked off joint drills aimed at strengthening their combined logistics capabilities earlier this week, Seoul’s military said Tuesday.

The five-day combined distribution exercise got under way Monday in multi…

SEOUL, Internet-only lender Kakao Bank launched a new dollar deposit service Tuesday that can be linked with the online payment platform Travel Wallet to enable fee-free overseas cash withdrawals.

The new program, called “Dollar Box,” allows any Kak…

SEOUL, North Korea has launched around 350 trash-carrying balloons toward South Korea overnight, Seoul’s military said Tuesday, in what marked the fifth launch of its kind since late last month.

Some 100 balloons, mostly carrying scrap paper and was…

SEOUL, Ranked No. 1 in the world in the women’s singles, South Korean badminton star An Se-young has already accomplished a great deal at age 22. She is the reigning world champion and the Asian Games champion in her discipline.

All that’s missing i…

SEOUL, Seoul shares opened higher Tuesday as investors scooped up auto and chemical shares, despite a slump in technology shares on Wall Street.

The benchmark Korea Composite Stock Price Index (KOSPI) fell 6.69 points, or 0.24 percent, to 2,771.42 i…