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…

The ruling and main opposition parties clashed Friday as a parliamentary committee held its first hearing to address an online petition demanding the impeachment of President Yoon Suk Yeol.

The hearing, which focused on allegations that Yoon interfe…

A parliamentary committee is set to hold a hearing Friday to address an online petition demanding the impeachment of President Yoon Suk Yeol, focusing on allegations of his interference in a probe into a young soldier’s death.

The National Legislati…

Jimin of K-pop supergroup BTS released a new solo album and the music video for its lead track Friday while serving in the South Korean military.

The new EP, “Muse,” marks the singer’s first release in about one year and four months since his debut …

The anti-corruption investigation office questioned a former chief of an investment firm Friday as part of its investigation into alleged political interference in the military’s inquiry into the death of a Marine conscript, sources said Friday.

The…

Samsung Electronics Co. and its largest labor union resumed talks Friday for the first time since the union went on a strike last week over a wage hike, a source close to the matter said.

The management and the National Samsung Electronics Union (NS…