Good news just came in for Korea’s nuclear industry after it was dealt a critical blow due to the Moon Jae-in administration’s nuclear phase-out policy. The Czech Republic on Wednesday chose Korea as the preferred negotiating partner for its plan to …

Science minister nominee Yoo Sang-im on Friday vowed to make every effort to revamp South Korea’s research and development system to help the country take a global lead in advanced technologies.

“We need to focus on restoring and securing technologi…

Some low-cost airlines in South Korea saw problems with booking or issuing air tickets Friday, an industry source said, in an apparent IT disruption that affected the global airline and financial sectors.

The cyber outage affected the airport ticket…

SK Group announced the merger of SK Innovation and SK E and S on Wednesday, paving the way for the creation of a “super energy” company with assets surpassing 106 trillion won ($76.5 billion). The boards of the two firms approved the merger during se…

A memorial ceremony was held for a young conscript, surnamed Chae, who was killed last year during a risky search mission for victims of heavy downpours, the Marine Corps said Friday.

The then 20-year-old Marine was swept away by a torrent during a …

Hyundai Engineering and Construction Co. (Hyundai E and C) said Friday its second-quarter earnings fell over 30 percent from a year earlier due to a rise in raw material costs.

Consolidated net profit came to 146.1 billion won (US$105.3 million) i…

The head of Naver Corp., the operator of South Korea’s biggest internet portal, on Friday stressed the importance of sovereign artificial intelligence (AI) to promote diversity in a world where AI affects how people think.

“Naver will provide necess…

Seoul shares fell more than 1.3 percent late Friday morning in line with overnight losses on Wall Street.

The benchmark Korea Composite Stock Price Index dropped 37.86 points, or 1.34 percent, to 2,786.49 as of 11:20 a.m.

Overnight, Wall Street sha…