Finance Minister Choi Sang-mok said Thursday the government will work closely with the Bank of Korea and swiftly take market stabilization measures if necessary, as the U.S. Federal Reserve

olice will invest 9.1 billion won (US$6.8 million) over the next three years to develop technology for detecting deepfake, voice cloning and other fabricated content, the police agency said

LG Electronics Inc. said Thursday it has joined hands with global office solutions provider Ricoh Co. to enhance its business-to-business (B2B) sector, a key growth driver for the Korean

Private equity firm MBK Partners on Thursday criticized Korea Zinc Inc. for allegedly investing in distressed firms and the deteriorating financial health of the world’s largest zinc smelter, while

– South Korea’s car exports fell 4.3 percent on-year in August, data showed Thursday, although robust shipments of hybrid models limited the overall decline.

The combined value of car

North Korea claimed Thursday it has successfully test-fired a new tactical ballistic missile capable of carrying a super-large warhead, a day after South Korea said Pyongyang fired multiple short-range

Taihan Cable and Solution Co., South Korea’s second-biggest cable company, said Thursday it has received a 90 billion-won (US$68 million) high-voltage cable order in the United States.

Taihan Cable

The U.S. Federal Reserve on Wednesday lowered its benchmark interest rate by half of a percentage point, the first cut in 4 1/2 years, in a major policy shift