Hanwha Ocean Co., a major defense and shipbuilding company, said Friday its operating loss narrowed sharply in the second quarter on increased demand.

The company posted an operating loss of 9.6 billion won (US$6.93 million) for the April-June perio…

North Korea’s economy grew by more than 3 percent last year, rebounding from a contraction for a third consecutive year on the back of steady improvement of the manufacturing sector and trade with its allies Russia and China, a central bank report sh…

The Prime Minister ordered a review of lessons learned to ensure the safety of police officers while on duty, stressing cooperation with Cambodia to solve the problem of call center gangs.

Prime Minister Settha Thavisin traveled to chair the 6/2567 …

SK hynix Inc. announced Friday a plan to invest 9.4 trillion won (US$6.8 billion) in building its first fab and relevant facilities at an envisioned semiconductor cluster in Yongin, south of Seoul.

The world’s No. 2 memory chip maker said its board …

An appellate court on Friday reduced the prison term to 10 years for a hit-and-run driver accused of ramming onto a sidewalk under the influence of drugs, fatally hitting a passerby and fleeing in the posh district of Apgujeong last year.

The 28-yea…

Kia Corp., South Korea’s second-largest automaker, said Friday its second-quarter net profit rose 5 percent from a year ago, helped by the company’s sales focus on pricier models and a weak won.

Net profit for the April-June period came to 2.95 tril…

Lee Sang-in, acting chief of South Korea’s state broadcasting regulator, voluntarily stepped down Friday ahead of the National Assembly’s planned vote on his impeachment motion.

The main opposition Democratic Party, which has the majority of seats i…

Tragic! A black sedan hit a 72-year-old woman while she was crossing a crosswalk, causing her death in front of a village in the Pathum Thani area, even though other cars had stopped to let her cross.

Surveillance cameras captured the incident at ap…