The United States plans to award SK hynix Inc. up to US$450 in grants to help fund its production base for semiconductor packaging in Indiana, the South Korean chip giant said Tuesday.

The company said in April that it would invest around $4 billion…

Iran and its allies are vowing bloody vengeance against Israel in response to the assassination of Hamas’ top leader Ismail Haniyeh. Concerns are growing over the possibility of an all-out war between Israel and Iran, the two archrivals in the Middle…

Soon after celebrating her first Olympic gold medal Monday afternoon in Paris, South Korean badminton star An Se-young took an unusual step of criticizing her national team.

In media interviews at Porte de La Chapelle Arena, An had pointed to the na…

President Yoon Suk Yeol on Tuesday instructed the government to take swift and preemptive responses to heightened volatility in the financial market, his office said, refuting opposition criticisms over his vacationing despite a recent market rout.

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NHN Corp., a South Korean information technology and game company, said Tuesday its second-quarter operating profit increased 36.3 percent from a year earlier, driven by higher sales.

The operating profit for the April-June period reached 28.5 billi…

South Korea’s financial authorities said Tuesday that they are ready to take action against extremely volatile market jitters urging investors to remain calm and cool-headed given the country’s sound economic fundamentals.

The country’s benchmark Ko…

Kakao Pay Corp. on Tuesday reported its second-quarter net profit of 626 million won (US$455,372), swinging from a loss of 6.2 billion won a year earlier.

The company said in a regulatory filing that it continued to post an operating loss of 7.3 bil…

Seoul’s education chief has filed a constitutional appeal over his alleged abuse of power in connection with the reinstatement of dismissed teachers years ago, saying such charges are excessively applied in the public service sector, officials said T…