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Korea to build new Chinatown in capital regionSocial affairsMay 4, 2016South Korea will build a new Chinatown near Seoul that will serve as an international shopping and tourism hub, authorities said Wednesday. The Chinatown, expected to be over 2.3 million square mete...
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Korea's consumer sentiment improves in AprilApr 27, 2016Korea's consumer sentiment slightly improved this month from a month earlier with more people also expecting better conditions for their livelihood down the road, central bank data showed Wednesday. ... -
BOK chief says low interest rate only offers limited impactApr 27, 2016The head of Korea's central bank on Wednesday expressed his apparent opposition to lowering the key interest rate too much, saying a low or negative rate may have only a limited, if not adverse, econ... -
Korea seeks to boost employment of young peopleApr 27, 2016The government on Wednesday unveiled a set of comprehensive measures to boost employment of young people and women, vowing to help about 40,000 jobseekers land jobs by matching them up with employers... -
Korean shipbuilders in trouble, but still in global top ranksIndustryApr 27, 2016Korean shipyards may be in big trouble, but they still lead the global market in terms of order backlog, industry data showed Wednesday, possibly suggesting their guaranteed survival at least for a f... -
Moral hazard issue flares up again amid corporate restructuringIndustryApr 27, 2016With Korea on the verge of a massive corporate restructuring, controversy has resurfaced over entrepreneurial moral hazards following the sale of shares in a financially troubled shipper by the famil... -
Korea's seaport cargo edges up in Q1IndustryApr 27, 2016Cargo processed at Korean seaports edged up in the first quarter from a year earlier as a rise in domestic shipments made up for a drop in exports and imports, government data showed Wednesday. The ... -
Number of farmers, fishermen continue to fall in KoreaApr 25, 2016The number of South Koreans in the agrofisheries sector continued to decrease due to a rapidly aging population and urbanization, government data showed Monday. Households engaging in the farming an... -
Top biz groups to reduce new employment this year: surveyIndustryApr 21, 2016Korea's leading business groups are expected to reduce their new recruitment in 2016 from a year earlier, a survey showed Thursday, boding ill for job seekers already struggling with a high unemploym... -
Apple revises unfair service agreement with local repair businessesTechnologyApr 21, 2016Apple Korea Inc., the local unit of the U.S. tech giant, has revised its unfair business agreement with local maintenance service firms for the first time in the world, the South Korean antitrust wat... -
North Korea-China trade up 12.7% despite sanctionsNorth KoreaApr 13, 2016Trade volume between North Korea and China posted double-digit growth in the first quarter of 2016 from a year earlier despite the United Nations' punitive economic sanctions imposed on the reclusive...
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China's Anbang to buy Allianz Life KoreaApr 6, 2016China's Anbang Insurance Group agreed with Allianz Group on Wednesday to acquire the local unit of the German insurance giant, industry sources said, in what would be Anbang's second takeover of a li... -
Korea to strengthen punishment against SME technology theftApr 6, 2016The government said Wednesday that it will take tough action against the stealing of technology owned by small and mid-sized enterprises, as related damage has continued to increase in recent years. ... -
Samsung's Kwon Oh-hyun the highest-paid professional manager in 2015BusinessMar 31, 2016Samsung Electronics Vice Chairman Kwon Oh-hyun was South Korea's highest paid chief executive in 2015, as the professional manager topped executive annual salary rankings with 14.95 billion won (US$1... -
Cnooc tops Sinopec as China's second biggest oil producerWorld BusinessMar 30, 2016Oil’s plunge has reordered the pecking order among China’s biggest explorers. China Petroleum & Chemical Corp.’s move to close some high-cost fields has caused it to slip to number three in oil and ...
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01Virus variants, infection cluster in Daejeon put authorities on alert
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New virus cases fall back to below 400 again; clusters tied to religious facilities on rise02
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03‘NK diplomat is living in South’
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Once the nation’s retail giant, Lotte Group in urgent need of transformation04
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05Samsung’s jailed heir gives up appeal
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For some survivors, COVID-19 won’t go away06
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07[Herald Interview] Young feminist runs for Seoul mayor
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SsangYong Motor cuts wages by half amid liquidity crisis08
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09Nation on alert as coronavirus cases linked to unauthorized school reported in other regions
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[News Focus] Unauthorized alternative schools in blind spot of Korea’s virus control efforts10