The office of President Yoon Suk Yeol will create the position of political affairs minister in an effort to strengthen communication with the National Assembly, Yoon’s chief of staff said Monday.

Presidential Chief of Staff Chung Jin-suk made the r…

K-pop girl group STAYC on Monday promised to showcase a bold departure from its signature “teen-fresh” style with the release of its first full-length album, “Metamorphic.”

“In the past, we expressed our playful spirit through a blend of healing and…

Major South Korean shipbuilder Hanwha Ocean Co. said Monday it has won orders totaling 2.15 trillion won (US$1.55 billion) for eight carriers from two Middle Eastern shippers.

Hanwha Ocean will build four liquefied natural gas (LNG) ships for one un…

Hyundai Motor Co., South Korea’s biggest carmaker, said Monday its June sales dropped 6.3 percent from a year earlier due to a slowdown in domestic sales.

Hyundai Motor sold 375,167 vehicles in June, down from 375,167 units a year earlier, the compa…

The government decided to put on hold a plan to raise gas prices this month despite the mounting losses of the state-run Korea Gas Corp. (KOGAS) to ease the financial burden on people amid economic uncertainties, officials said Monday.

South Korea h…

South Korean stocks finished a tad higher Monday as investors took a breather ahead of the release of the Fed minutes and the second-quarter earnings guidance of Samsung Electronics. The local currency fell against the U.S. dollar on the first day of…

South Korea’s exports extended on-year gains to the ninth straight month in June on the back of record performance of semiconductors, data showed Monday.

Outbound shipments rose 5.1 percent on-year to US$57 billion last month, according to the data …

South Korea’s industry ministry said Monday it has hosted a business forum with Vietnam to seek new opportunities for partnerships in chips, artificial intelligence and other areas.

Around 500 government and business officials from both countries at…