SEOUL, LS Cable and System Ltd., South Korea’s biggest cable company, said Tuesday it has received a 100 billion-won (US$72 million) order to supply submarine cables to an electricity grid operator in the United States.

In the deal with LS Power Gri…

SEOUL, The Minimum Wage Commission on Tuesday voted down a proposal to adopt different rates by industry next year.

In a vote that took place during the commission’s plenary session at the government complex in the central city of Sejong, 15 were ag…

SEOUL, South Korean stocks fell sharply Tuesday ahead of key economic events in the United States later this week. The local currency traded weaker against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI) fell 23.45 points, o…

These days, the ruling and opposition parties are caught in a spiral of political strife on almost every issue. However, when it comes to supporting the semiconductors industry, they are showing there is a possibility of cooperation.

While foreign c…

South Korea’s exports extended on-year gains to the ninth straight month in June on the back of record performance of semiconductors, data showed Monday.

Outbound shipments rose 5.1 percent on-year to US$57 billion last month, according to the data …

Renault Korea Motors Co., the South Korean unit of Renault S.A., said Monday its June sales jumped 23.4 percent last month from a year earlier thanks to a sharp rise in exports.

Renault Korea sold 9,002 vehicles in June, up from 7,297 units a year e…

South Korea will launch a new ministry of population strategy to address low birth rates and a rapidly aging population, which have emerged as some of the starkest challenges facing the country, officials said Monday.

The government unveiled the pla…

Rarely seen in Photharam, only 2 vendors left, growing bean sprouts in the traditional way, planted with black rice husk ash in a plastic container.

One of the two owners who still continue their bean sprout farming career is the three Supachaisirir…