SEOUL, Naver Corp. CEO Choi Soo-yeon confirmed Tuesday the company will not sell its stake in Japan’s LY Corp., the operator of popular mobile messenger Line, in the “short term” amid LY’s push to lessen its dependence on Naver.

“We don’t plan to se…

SEOUL, LG Energy Solution Ltd. (LGES), South Korea’s leading battery maker, said Tuesday it has signed a deal to supply lithium iron phosphate (LFP) batteries for Renault S.A.’s electric vehicles.

Under the five-year contract through 2030, LGES will…

SEOUL, The Minimum Wage Commission on Tuesday voted down a proposal to adopt different rates by industry next year.

In a vote that took place during the commission’s plenary session at the government complex in the central city of Sejong, 15 were ag…

SEOUL, The head of the broadcasting regulator voluntarily stepped down Tuesday, as opposition parties are set to vote on an impeachment motion against him, a source close to the matter said.

Kim Hong-il, chair of the Korea Communications Commission …

SEOUL, The main opposition Democratic Party (DP) failed Tuesday to table a contentious bill mandating a special counsel investigation into the military’s response to a Marine’s death last year.

The DP had planned to introduce the bill immediately af…

Bangkok, Police are waiting for the results of the investigation from the Engineering Council before taking legal action against those involved in the crane collapse on Soi On Nut 86. The Prawet District Director has ordered the suspension of constru…

‘Chan Phuangphet’ may have to stop performing his duties as the president of the Pathum Thani Provincial Administrative Organization because he has an old pending case filed by the NACC regarding allegations of corruption, and the court has already a…

The court ordered ‘Benz Pornchita-Mick Boromwut’ to pay a fine of 6,000 baht each for exaggerating advertisements for food supplements. The analysis results of the product samples from the ‘Achariya’ lot did not detect sibutramine.

Progress in the c…