Korea's pension fund, under pressure, hunts for gains in foreign stocks

World's third-largest retirement fund banks on large-cap tech shares and foreign markets in bid to stave off fund exhaustion

‘S. Korea, US both have roles to play on nuclear deterrence’

South Korea should be careful not to be overly dependent on China, a key sourcing destination for Seoul, as Beijing could leverage that to get what it wants in a world split between free democracies and authoritarian regimes, NATO Secretary-General Jens Stoltenberg said in Seoul on Monday. The visit by the chief of the 30-member military alliance based in Brussels, Belgium -- the second time since 2017 -- is the latest move by the Western coalition trying to push back against longtime adversarie

Seoul mayor says housing price curb needed for balanced growth

Seoul Mayor Oh Se-hoon on Monday reiterated a zero-tolerance stance against subway protesters in wheelchairs affiliated with Solidarity Against Disability Discrimination, who are demanding residences that allow for independent living. The mayor stressed the negative impact of the protests on ordinary commuters, and noted that funding for disability housing was a matter under the central, not municipal government's purview. "I don't think the protesters in wheelchairs are underpr

Koreans remain cautious over eased masking rule

Complete lift of mask mandate likely around in May, according to COVID-19 response team

Korea's pension fund, under pressure, hunts for gains in foreign stocks

World's third-largest retirement fund banks on large-cap tech shares and foreign markets in bid to stave off fund exhaustion

[Newsmaker] Why is Samsung starting a legal fight against smartphone repair shops in US?

OLED leader sending indirect warning against rampant patent infringement by Chinese rivals, sources say

‘Responsibility’ beats ‘professionalism’ in conglomerates’ hiring priorities

Korean conglomerates strive to improve corporate culture for Gen Zs, in return for a sense of responsibility

KT&G joins hands with Philip Morris to speed up overseas expansion

In a bid to expedite its foray into the global market and ramp up its sales, South Korean tobacco company KT&G on Monday clinched its first-ever long-term contract with Philip Morris International to supply the global tobacco giant with its products. Under the 15-year sales and purchase agreement, KT&G said it will be supplying PMI with its heat-not-burn cigarette brand "lil" products, along with future e-cigarette products that will be developed in the future. Meanwhile, und