Seoul shares closed lower Friday, snapping a rise for three consecutive sessions, as investors cashed in profits after the U.S. market finished bearish despite slowing inflation data. The local currency fell against the U.S. dollar.

The benchmark Ko…

How to end the deep-rooted medical practice

The government has announced a plan to improve the current medical service delivery structure toward the direction of encouraging large hospitals to concentrate on patients with serious illnesses or emerge…

President Yoon Suk Yeol returned home Friday from his five-day trip to the United States that was focused on bolstering security against rising threats posed by deepening military ties between North Korea and Russia.

Yoon attended the North Atlantic…

The minimum wage for next year was set at 10,030 won (US$7.30) per hour Friday, marking the first time the compulsory hourly minimum wage has surpassed the 10,000 won level.

The rate reached during the 11th plenary meeting of the Minimum Wage Commis…

For Hanwha Eagles starting pitcher Ryan Weiss, uncertainty has been a running theme throughout his career.

The 27-year-old American pitcher has spent his professional career in the U.S. minor leagues, in Taiwan and in independent ball in his native …

Samsung Electronics Co. said Friday it has participated in a Series D investment round for the U.S. biotech company Element Biosciences, Inc. as a strategic investor, expecting to create synergy in the potential medical and digital health care sector…

Samsung Electronics Co. Chairman Lee Jae-yong has been on a visit to India to review the company’s local operations and meet with business partners, a source close to the matter said Friday.

Lee arrived in Mumbai on Thursday, according to the source…

The knife attacker of opposition leader Lee Jae-myung has appealed the 15-year prison term he received for the January stabbing in Busan that left Lee hospitalized, saying the punishment is too heavy.

The Busan District Court sentenced the 67-year-o…