North Korea’s latest round of its balloon campaign involved around 500 balloons carrying scrap paper and plastic sheets, including those that fell on the presidential office compound in the capital, South Korea’s military said Thursday.

In what marke…

Liquidity woes of sellers on TMON and WeMakePrice, South Korean affiliates of Singapore-based e-commerce platform Qoo10 Group, showed signs of spreading to consumers Thursday, with some customers forced to cancel their travel plans or prompt refund de…

President Yoon Suk Yeol has tapped an economics professor at Hanyang University as the inaugural senior presidential secretary for low birth rate issues, sources said Thursday.

The presidential office is expected to announce the nomination of You Hye…

Kakao Corp., the operator of South Korea’s dominant mobile messenger, said Thursday it has decided to form an emergency management system to address the vacancy left by its founder, Kim Beom-su, following his recent arrest.

Under the new system, CEO …

Korea House, set to serve as the hospitality venue showcasing South Korean culture and supporting the country’s athletes during the Paris Olympics, had its official opening ceremony Thursday.

The Korean Sport and Olympic Committee (KSOC) and the sp…

Trang, ‘ Newcomer’, a good student and a grateful girl, uses her free time to earn money to help her family. She dreams of becoming a doctor or nurse.

Nong Mai Mai, or Miss Thanyarat, age 10, a Grade 4 student at Wat Trangkhum Phuttawat School, under…

South Korea’s Hyundai Motor Co. said Thursday its second-quarter net profit rose 25 percent from a year earlier helped by an improved product mix and a weak won.

Net profit for the three months ended on June 30 climbed to 4.17 trillion won (US$3.01 b…

The government will push to reduce inheritance tax to reflect decades of changes in asset values and inflation, and to provide a tax credit for marriage and childbirth in an effort to boost the ultra-low birth rate, the finance ministry said Thursday….