A major South Korean state-run think tank on Thursday revised down its economic growth outlook for the country this year to 2.5 percent as weak domestic demand is forecast to constrain an export-led recovery.

The latest projection by the Korea Devel…

Prosecutors have indicted Kim Beom-su, the founder of tech giant Kakao Corp., on stock manipulation charges related to the firm’s takeover of K-pop powerhouse SM Entertainment last year, officials said Thursday.

The Seoul Southern District Court ind…

Three South Korean LPGA Tour players were well off the first-round pace at the women’s golf tournament at the Paris Olympics on Wednesday.

World No. 3 Amy Yang was the best South Korean after shooting an even 72 at Le Golf National in Guyancourt, so…

Nonthaburi, A transgender woman who brutally murdered and burned the body of a student from a famous university in a dormitory in Nonthaburi Province has been arrested. The latest news is that she was found riding a motorcycle and leaving it at Bang S…

South Korea’s leading online gaming firm Nexon Co. said Thursday its net profit soared 63 percent in the second quarter from a year earlier on robust sales of its franchise games.

Its net profit came to 350.4 billion won (US$254.6 million) for the A…

Hankook and Company Co. on Thursday reported its second-quarter net profit of 108.5 billion won (US$78.8 million), up 198.6 percent from a year earlier.

The company said in a regulatory filing that it posted 124.8 billion won in operating profit fo…

Fu Bao, South Korea’s first native-born giant panda, is set to return to the country next month — on the big screen.

At a press event Thursday promoting the upcoming documentary “My Dearest Fu Bao,” director Shim Hyung-jun described it as a “fairyt…

South Korean stocks traded 0.83 percent lower late Thursday morning, halting a two-day rebound after a global stock rout, as lingering U.S. recession woes weighed heavily on the market.

The benchmark Korea Composite Stock Price Index (KOSPI) lost 21…