Trash-carrying balloons launched by North Korea since May have been found in over 3,000 locations across South Korea, a police report showed Tuesday.

Since late May, North Korea has launched some 3,600 trash-carrying balloons toward South Korea, whi…

SK hynix Inc., the world’s second-largest memory chip maker, said Tuesday it plans to begin full-fledged production of its next-generation GDDR7 graphics memory chip in the third quarter.

The company said the GDDR7 boasts industry-leading qualities,…

Hanwha Systems Co. on Tuesday reported its second-quarter net income of 27 billion won (US$19.5 million), down 63.8 percent from a year earlier.

The company said in a regulatory filing that operating profit for the April-June period rose 167 percent…

South Korea’s industry ministry said Tuesday it has discussed ways to broaden economic exchanges with Saudi Arabia, pledging to work closely toward the prompt implementation of a free trade pact between Seoul and the Gulf Cooperation Council (GCC).

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The amount of container cargo processed at South Korean seaports increased 6.4 percent in the second quarter, data showed Tuesday, driven by stronger shipments to the United States and China.

The container cargo handled at the country’s ports nation…

Seoul shares closed almost 1 percent lower Tuesday as investors became more cautious ahead of the U.S. Federal Reserve’s rate decision and earnings releases from global big techs this week. The local currency lost ground against the U.S. dollar.

The…

Retail sales in South Korea increased 10.5 percent on-year in the first half of this year, data showed Tuesday, on the back of aggressive discount events launched by online shopping platforms amid growing competition from Chinese players.

The combin…

The chief of Qoo10, the Singapore-based parent firm of TMON and WeMakePrice, said Tuesday that he will give up everything he owns to help resolve the liquidity crisis facing the two e-commerce platforms in South Korea.

Qoo10 founder and Chief Execut…