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Shipyards HD Hyundai Heavy Industries and HD Hyundai Mipo will merge as demand for naval defense vessels rises globally, with the potential to claim up to 40 percent of the local market.
Shipyards HD Hyundai Heavy Industries and HD Hyundai Mipo will merge as demand for naval defense vessels rises globally, with the potential to claim up to 40 percent of the local market.
For Lee’s shareholder-focused agenda to avoid becoming populist, he must also present a credible industrial policy. That means revitalizing the competitiveness of Korean manufacturing and incentivizing corporate investment.
Some 3,000 people gathered in downtown Seoul on Sunday evening to mourn the death of 159 people who were killed in the tragic Halloween crowd crush on the night of Oct. 29 last year.
Ahn Cheol-soo, a presidential primary candidate for the People Power Party (PPP), called on fellow candidates to take joint responsibility for the impeachment of former President Yoon Suk Yeol and issue a public apology.
U.S.-Korea trade talks face disruption due to key resignations as leaders emphasize differing approaches and a leadership vacuum emerges.
Actor Kim Soo-hyun was reportedly in a relationship with an idol-turned-actor during his mandatory military service from 2017 to 2019, according to a local media outlet on Saturday.
JoongAng Ilbo’s 60th Anniversary Global Media Conference in Seoul on Thursday. Speakers emphasized that empathy, trust and human connection are essential for journalism and media to endure in a rapidly changing world.
Korean shipbuilding group HD Hyundai said Friday it has established a wholly owned subsidiary in Singapore to enhance the management of its overseas businesses.
Democratic Party (DP) candidate Lee Jae-myung holds a commanding lead in the first presidential approval poll released since official candidate registration, a new survey showed Tuesday.
Kosdaq-listed Hugel prevailed over Medytox in a preliminary decision by the U.S. International Trade Commission in a dispute over a Botox-related product.
The chartered flight initially set to fly detained Korean workers from the United States to Korea is "facing difficulty meeting the Sept. 10 departure date," according to the Ministry of Foreign Affairs on Wednesday.
Korea's new chief trade negotiator held tariff talks with his U.S. counterparts in Washington earlier this week to convey Seoul's position on U.S. tariff measures and discussed mutually beneficial avenues for trade cooperation.
Foreign Minister Cho Hyun has met U.S. senators and White House officials to discuss alliance and security issues, including North Korea's nuclear program, the Foreign Ministry said Saturday, after the two countries reached a tariff deal this week.
Shares opened higher Tuesday, tracking gains in U.S. tech stocks after Washington announced a new semiconductor export control package targeting China.
The U.S. Trade Representative (USTR) on Monday released an annual report on foreign trade barriers that listed Korea's "offset" defense trade policy, emissions-related regulations on imported cars, to name a few.
A total of 316 Korean workers returned home after detention in Georgia, expressing relief and concern about future prospects.
Korea's semiconductor exports face growing threats from China, Taiwan and Malaysia amid intensifying global competition in advanced industries, an industry report showed Monday.
Trade Minister Cheong In-kyo will head to Washington for two days for tariff negotiations with U.S. Trade Representative Jamieson Greer and other government officials.
LG Electronics reported a 6.4 percent drop in operating profit for 2024 due to slow demand recovery in global home appliances and surge in logistic costs.
It's a victory for the little guys as Korean beauty products from indie brands enjoy unprecedented success overseas, but not so much for mid- to high-end brands.