Kolon Industries Inc. on Friday reported its second-quarter net income of 43.9 billion won (US$32.2 million), up 17.4 percent from a year earlier.

The company said in a regulatory filing that it posted 59.4 billion won in operating profit for the qu…

Korea Gas Corp. on Friday reported its second-quarter net profit of 253.3 billion won (US$185.9 million), shifting from a loss of 66.7 billion won a year earlier.

Operating income for the April-June period was 465.7 billion won, up 127.1 percent fro…

Over a week has passed since a spontaneous Mercedes-Benz electric vehicle fire ended up sparking an EV fire scare in South Korea, but the local unit of the German automotive giant has barely made an earnest gesture to address the issue at hand.

Merc…

Police decided Friday to refer a Korean American pastor at the center of a luxury bag scandal involving first lady Kim Keon Hee to the prosecution on charges of illegal electioneering ahead of April’s general elections.

The pastor, named Choi Jae-yo…

South Korean stocks got off to a strong start Friday tracking overnight gains on Wall Street on eased recession woes.

The benchmark Korea Composite Stock Price Index (KOSPI) added 36.85 points, or 1.44 percent, to 2,593.58 in the first 15 minutes of…

South Korea and the United States have agreed to boost clean energy cooperation by holding regular dialogues and bolstering public-private partnerships, as the two countries aim to strengthen ties in energy security and carbon reduction, the industry…

The main opposition Democratic Party (DP) vowed Friday to reveal the truth behind the recent death of a senior official of the state anti-corruption agency, saying government pressure led to his death.

Until recently, the official of the Anti-Corrup…

Hospitals started announcing new recruitment notices for trainee doctors on Friday, following a lackluster response from the medical community to the initial round that ended last week amid the monthslong conflict over a medical reform plan.

The mov…