Some 21 trillion won (US$15.7 billion) in short-term loans and loan guarantees extended to construction projects have been determined “risky” and may be subject to restructuring, the financial regulator
The national pension fund said Thursday it has logged a 9.71 percent investment return over the first half of 2024, with profits from overseas stocks leading the overall gains.
Doosan Group said Thursday it decided to drop a plan to combine Doosan Bobcat Inc., a major construction equipment supplier, and Doosan Robotics Inc., the country’s largest collaborative robot
South Korean shares retreated more than 1 percent Thursday, led by chipmakers after an underwhelming earnings result by global artificial intelligence chip giant Nvidia. The local currency rose against
South Korean shares dropped more than 1 percent after opening Thursday, taking a cue from Wall Street losses prompted by an underwhelming earnings result by global artificial intelligence chip
Hyun Bin and Jung Woo-sung have been cast in a new Disney+ series set for release next year, where they will play rival roles, the global streaming service said
The Supreme Court on Thursday upheld a suspended sentence for Seoul education chief Cho Hee-yeon on charges of abuse of power in connection with the reinstatement of dismissed teachers
SK hynix Inc., the world’s second-largest memory chip maker, said Thursday it has developed the world’s first 16 gigabyte DDR5 chip using the sixth generation of the 10 nanometer
