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The Bank of Korea raised its benchmark interest rate for the first time in more than three years on Thursday, as strongerthan-expected economic growth provided the central bank with greater room to tackle mounting inflationary pressures. The...
President Lee Jae Myung called for public discussion on whether South Korea should restrict children’s access to social media, as the country weighs safeguards against minors’ smartphone use. Kim Jong-cheol, chair of the Korea Media and...
Coupang spent $250,000 lobbying the Trump administration and US Congress in the second quarter through a firm with close ties to the president, extending a Washington campaign amid its ongoing conflict with South Korean regulators over...
Kweon Seong-dong, a five-term lawmaker of the main opposition People Power Party, was stripped of his National Assembly seat on Thursday, as his twoyear jail term was confirmed at the Supreme Court over a sweeping scandal linked to the...
Homeplus said Thursday that Meritz Financial Group agreed to extend 200 billion won ($135 million) in emergency financing to the cash-strapped retailer, keeping its court-supervised rehabilitation alive with only days left before...
Joseon-era palaces and the Jongmyo Shrine had 7.41 million visitors in the first half of this year, 30.6 percent of whom were foreign nationals, according to the Korea Heritage Service on Thursday.
US President Donald Trump on Wednesday said federal immigration agents will not suspend vehicle stops, one day after officials announced a temporary pause.