Vice ministers from various government agencies will hold a meeting this week to address growing safety concerns over electric cars, following the recent explosion of an electric sedan in an underground apartment parking lot, the government said Mond…

Former Gyeonggi Gov. Kim Kyung-soo is reportedly included in a list of people eligible for presidential immunity on the occasion of Aug. 15 Liberation Day. The list will be announced in Tuesday’s Cabinet meeting to be presided over by President Yoon …

The main opposition Democratic Party (DP) urged President Yoon Suk Yeol on Monday to withdraw the appointment of the new chief of the Independence Hall of Korea amid criticism of his controversial views accused of justifying Japan’s 1910-45 colonial …

South Korean stocks traded over 1 percent higher late Monday morning as blue chip shares gained ground following last week’s rout.

The benchmark Korea Composite Stock Price Index (KOSPI) had added 26.54 points, or 1.03 percent, to 2,614.97 as of 11:…

Cosmax Inc. on Monday reported its second-quarter net profit of 35.3 billion won (US$25.8 million), up 28.9 percent from a year earlier.

The company said in a regulatory filing that operating income for the April-June period rose 1.4 percent on-year…

President Yoon Suk Yeol named Presidential Security Service chief Kim Yong-hyun as new defense minister while Defense Minister Shin Won-sik was named as new national security adviser, his office said Monday.

National security adviser Chang Ho-jin wa…

South Korean stocks closed more than 1 percent higher Monday, recovering from last week’s rout as concerns over a U.S. economic recession eased. The local currency lost ground against the U.S. dollar.

The benchmark Korea Composite Stock Price Index …

The chief of the financial regulator called on local companies to actively join the government-initiated corporate value-up program Monday, stressing the need to build a stock market that is “stronger” and can “recuperate faster.”

Kim Byoung-hwan, h…