The United States plans to award SK hynix Inc. up to US$450 in grants to help fund its production base for semiconductor packaging in Indiana, the South Korean chip giant said Tuesday.

The company said in April that it would invest around $4 billion…

Amorepacific Corp., South Korea’s leading cosmetics firm by sales, said Tuesday its second-quarter net profit soared from a year earlier, helped by shareholding gains from its newly acquired affiliate.

Net profit for the three months to June skyrock…

Leak of state secret not espionage crime if leaked to country other than N. Korea

A hole in the articles of South Korea’s Criminal Act and Military Criminal Act regarding espionage crime came into view after a civilian employee of the Korea Defense …

South Korea beat Brazil to move on to the quarterfinals of the women’s table tennis team event at the Paris Olympics on Monday.

Shin Yu-bin, Jeon Ji-hee and Lee Eun-hye teamed up to beat Brazil 3-1 after one doubles and three singles matches at Sout…

NHN Corp. on Tuesday reported its second-quarter net profit of 4.6 billion won (US$3.4 million), down 70 percent from a year earlier.

Operating income for the April-June period was 28.5 billion won, up 36.3 percent from a year ago, the company said …

South Korean stocks began sharply higher Tuesday following the previous session’s worst crash over mounting U.S. recession fears and the sluggish performance of big tech shares.

The benchmark Korea Composite Stock Price Index (KOSPI) gained 106.11 p…

SK Telecom Co., a leading South Korean mobile carrier, said Tuesday its second-quarter operating profit rose 16 percent from a year earlier on the robust performance of its overall business.

Operating profit for the April-June period came to 537.5 b…

President Yoon Suk Yeol will grant special pardons to those convicted of livelihood-related crimes and others on the occasion of Liberation Day next week.

Yoon is also expected to exempt administrative penalties levied on small and medium-sized firm…