Foreign currency deposits fell for the first time in five months in October on sagging corporate demand for U.S. dollar-denominated deposits and increasing import settlements amid a weak Korean currency, central bank data showed Sunday.
Koreans can never get enough of crime thrillers and Disney+'s first Korean project of the year falls right into that category. "Unmasked," directed by You Sun-dong, is set to be released on Jan. 15.
The Ministry of Science and ICT said Friday it has kicked off the process to select an additional company from local tech giants to develop homegrown AI foundation models under a government initiative.
Minister of Economy and Finance Choi Sang-mok pledged to make the upcoming "2+2" trade talks with the United States a chance to "reinforce the Korea-U.S. alliance" as he departed for Washington on Tuesday.
Korea’s self-employment crisis is driven by too many small businesses and a shrinking population. Solutions include supporting business closures, boosting inbound tourism and reforming the labor market.
The U.S.–Japan–Australia partnership presents Korea with both risk and opportunity. Standing apart from allies will only amplify risks. Combining technology with policy can unlock opportunities.
Korea and Japan held their second round of mineral resources cooperation dialogue on Wednesday to discuss ways to strengthen bilateral cooperation amid intensifying global competition over critical resources.
Through its media bashing and trade sanctions, China has sent a clear message to the world that any state critical of Beijing and any governments that pose problems for Chinese enterprises could be vulnerable to retribution,...
The government must first accurately assess U.S. intentions and respond with careful, well-calibrated measures grounded in national interest. The National Assembly, too, should halt partisan conflict and cooperate actively with the government.
Lessons must be learned from the economic mismanagement in the earlier half of Yoon’s term, as the latter half could be worse.
Google released a series of global campaign videos in collaboration with K-pop girl group Le Sserafim on Friday to promote the use of Android and its latest generative AI model, Gemini.
U.S. President Donald Trump said Tuesday that he is "anxiously" awaiting a Supreme Court ruling on the legality of his administration's global tariffs.
The upcoming Disney+ series “Gangnam B-Side” will be released in eight episodes from Nov. 6. Two episodes will premiere each week. According to the director, the series is poised to deliver a “satisfying punch.”
Foreign currency deposits fell for a second straight month in November, totaling $98.43 billion.
The job opening-to-applicant ratio, which refers to the number of job openings compared to new job seekers, fell to 0.32 in March of this year, the latest data showed Monday.
The government and Korea’s three major telecommunications companies are partnering up to expand domestic investment in AI, with over 280 billion won ($202 million) of investment promised by the three companies in AI.
The United States convened a meeting of finance ministers from Korea, Japan and other partners in Washington on Monday to discuss efforts to secure supply chains for critical minerals, the Treasury Department said.
The 2+2 trade talks between Korea and the United States scheduled for Friday were canceled due to the “urgent schedule” of U.S. Treasury Secretary Scott Bessent, the Ministry of Economy and Finance announced Thursday.
Korean Industry Minister Kim Jung-kwan has arrived in Washington to meet U.S. Commerce Secretary Howard Lutnick and discuss bilateral trade issues following U.S. President Donald Trump's announcement of plans to raise import tariffs on Korea.
We must build a vibrant habitat where innovative companies can grow, survive and venture onwards.