Veterans Minister Kang Jung-ai discussed ways to expand support for Ethiopian veterans of the 1950-53 Korean War with the country’s defense minister, Aisha Mohammed, her office said Wednesday.

During their meeting in Addis Ababa on Tuesday, Kang exp…

South Korea will loosen requirements of registration for foreign financial institutions and their reporting rules in an effort to improve trading conditions and attract more investors, the finance ministry said Wednesday.

It is part of follow-up ste…

LG Uplus Corp. on Wednesday reported its second-quarter net profit of 164.6 billion won (US$119.6 million), down 22.8 percent from a year earlier.

The company said in a regulatory filing that it posted 254 billion won in operating profit for the qua…

Celltrion Inc., a South Korean biopharmaceutical company, said Wednesday its second-quarter net profit plunged 48 percent from a year earlier due to costs following a merger with its sales and marketing affiliate last year.

Its net profit came to 78…

NCSOFT Corp., a major South Korean game developer, said Wednesday it has established a joint venture with a Vietnamese IT company as part of efforts to break into the Southeast Asian game market.

NCSOFT and Vietnam’s VNG have signed an agreement tha…

Prime Minister Han Duck-soo said Wednesday the government will allow hospitals to extend the application period for trainee doctor programs this week to help them recruit more junior doctors.

Han made the remark after only 104 candidates, or 1.4 per…

Seoul shares ended higher for a second straight session Wednesday, helped by tech gains, as investors’ sentiment for risky assets improved following a global stock rout. The Korean won fell against the U.S. dollar.

The benchmark Korea Composite Stoc…