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SEOUL, May 20 (Yonhap) -- Corporate retirement pension schemes soared 16 percent last year from a year earlier, breaching the 500 trillion-won mark for the first time since their introduction in 2005, while their return on investment also rose, data showed Wednesday.
SEOUL, May 20 (Yonhap) -- South Korea's antitrust watchdog on Wednesday imposed a combined 671 billion won (US$443.8 million) in fines on seven flour producers on charges of price fixing.
South Korea's population decline and shrinking pool of military-age men are forcing Seoul to rethink its military force structure, with officials now exploring robots and AI-powered drones to offset future manpower shortages.
A strike involving more than 47,000 Samsung workers will begin on Thursday after wage negotiations between the company and its union broke down on Wednesday, sending shares of the South Korean chip giant down 3%.
New online content includes school-life basics, math vocabulary for lower elementary students
SEOUL, May 20 (Yonhap) -- Samsung Electronics Co.'s union said Wednesday it will proceed with the strike scheduled for later this week, arguing management has rejected a government-mediated proposal.
A global reshuffling in stock-market hierarchy is underway, with artificial intelligence redrawing the pecking order of equity markets and propelling Taiwan and South Korea past several long-established Western bourses.
Hyundai Department Store Group said Wednesday it has won the top honor at the Association for Talent Development’s ATD 2026 Awards, becoming the first Korean retailer to do so.
SEOUL, May 20 (Yonhap) -- South Korean stocks trimmed earlier losses late Wednesday morning as heavyweight technology shares turned higher despite an overnight slump on Wall Street.
SEOUL, May 20 (Yonhap) -- Foreign Minister Cho Hyun said Wednesday that an investigation into the attack on a South Korean-operated commercial vessel in the Strait of Hormuz was in its final stage, adding the government plans to disclose the findings once completed.
Infertility treatment cases in South Korea rose nearly 40 percent over four years to reach 203,101 in 2023, according to data released Wednesday by the Health Insurance Review and Assessment Service.
SEOUL, May 20 (Yonhap) -- Prime Minister Kim Min-seok pledged zero tolerance Wednesday for disinformation, vote-buying and public servants' election interference, saying the government will make sure to bring perpetrators to justice and seek the maximum penalties for them.
South Korea's auto exports decreased more than 5 percent from a year earlier in April, amid a sharp decrease in shipments to the Middle East due to a geopolitical crisis there, government data showed Wednesday.
SEOUL, May 20 (Yonhap) -- South Korea will push for the expansion of onion exports, mainly to the Southeast Asian market, amid domestic oversupply of the vegetable, the agriculture ministry said Wednesday.
SEOUL, May 20 (Yonhap) -- The South Korean stock markets will be closed on June 3, the day of local elections, the bourse operator said Wednesday.
SEOUL, May 20 (Yonhap) -- South Korea's auto exports decreased more than 5 percent from a year earlier in April, amid a sharp decrease in shipments to the Middle East due to a geopolitical crisis there, government data showed Wednesday.
South Korea's finance minister stressed the importance of building artificial intelligence capacity in developing countries to achieve sustainable growth during the Group of Seven finance ministers and central bank governors' meeting, his office said Wednesday.
SEOUL, May 20 (Yonhap) -- The military has initiated the formal process to acquire nuclear-powered submarines, a Navy document showed Wednesday, amid little progress in security talks with the United States over Seoul's push for the project.
North Korea's U-17 women's football team has received a grand welcome ceremony in Pyongyang upon its return following a win at the Asian Football Confederation U17 Women's Asian Cup, state media reported Wednesday.
Israeli forces have seized another humanitarian aid flotilla, carrying two activists from a South Korean civic group, headed for the Gaza Strip, the group said Wednesday.
Japanese Prime Minister Sanae Takaichi headed home Wednesday after a two-day visit to South Korea's Andong, the hometown of South Korean President Lee Jae Myung, where the two held a bilateral summit.
SEOUL, May 20 (Yonhap) -- Israeli forces have seized another humanitarian aid flotilla, carrying two activists from a South Korean civic group, headed for the Gaza Strip, the group said Wednesday.
South Korea's trade ministry and the government of China's Jiangsu Province on Wednesday held a joint forum aimed at promoting economic and trade cooperation between the two sides.
SEOUL, May 20 (Yonhap) -- South Korea's finance minister stressed the importance of building artificial intelligence (AI) capacity in developing countries to achieve sustainable growth during the Group of Seven (G7) finance ministers and central bank governors' meeting, his office said Wednesday.
South Korean stocks opened lower Wednesday as investors tracked overnight losses on Wall Street caused by rising bond yields amid inflation woes.
A senior US diplomat will visit Seoul in the coming weeks to launch bilateral working groups to implement agreements from a summit between South Korean President Lee Jae Myung and US President Donald Trump in October, the countries' governments said Tuesday.
ANDONG, South Korea, May 20 (Yonhap) -- Japanese Prime Minister Sanae Takaichi headed home Wednesday after a two-day visit to South Korea's Andong, the hometown of South Korean President Lee Jae Myung, where the two held a bilateral summit.
SEOUL, May 20 (Yonhap) -- South Korea's trade ministry and the government of China's Jiangsu Province on Wednesday held a joint forum aimed at promoting economic and trade cooperation between the two sides.
Australia’s Sam Kerr waves following the Women’s Asian Cup quarterfinal soccer match between Australia and North Korea in Perth, Australia, March 13, 2026. (AP Photo/Gary Day, File)
(ATTN: RECASTS headline, lead; UPDATES with more info throughout; CHANGES photo)
SEOUL, May 20 (Yonhap) -- South Korean stocks opened higher Wednesday led by tech gains, despite overnight losses on Wall Street caused by rising bond yields amid inflation woes.
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SEOUL, May 20 (Yonhap) -- North Korea's U-17 women's football team has received a grand welcome ceremony in Pyongyang upon its return following a win at the Asian Football Confederation (AFC) U17 Women's Asian Cup, state media reported Wednesday.
South Korea’s farming, forestry and fisheries communities are aging rapidly, with more than half now aged 65 or older, according to government data.
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By Song Sang-ho and Kwon Yeong-jeon
(ATTN: CHANGES photo; UPDATES with foreign ministry's release in paras 7, 13-16, minor edits throughout)By Song Sang-ho
The South Korean-operated vessel HMM NAMU is docked after being damaged from a fire following an explosion in the Strait of Hormuz, at a port in Dubai, United Arab Emirates, Friday, May 8, 2026. (Kim Sang-hun/Yonhap via AP)
SEOUL, May 20 (Yonhap) -- Angola is willing to provide South Korea with greater crude oil supplies to help ease its supply woes amid the Middle East crisis, which could serve as a basis for longer-term bilateral energy cooperation, the African nation's envoy to South Korea has said.
For many years, Koreans were bitcoin's best friend.
Rising rates and record household debt demand caution
Samsung at crossroadsCourt, president put brakes on Samsung Electronics labor strife
Global rate resetEnd of cheap money may force Korea to confront debt risks, rising volatility
SEOUL, May 20 (Yonhap) -- The following are the top headlines in major South Korean newspapers on May 20.
SEOUL, May 20 (Yonhap) -- South Korean banks' net profit edged down in the first quarter of the year from a year earlier due mainly to a fall in non-interest income, data showed Wednesday.
(ATTN: RECASTS para 3; ADDS more info in paras 5-7)By Song Sang-ho
There are dumb movies that think themselves smart, and there’s smartly conceived trash like Colony, which re-unites South Korean genre virtuoso Yeon Sang-ho with the undead. Following his loosely connected zombie trilogy of Train to Busan, Seoul Station, and Peninsula — the former of which set the world on fire, and…
WASHINGTON, May 19 (Yonhap) -- A senior U.S. diplomat will visit Seoul in the coming weeks to launch bilateral working groups to implement agreements from a summit between South Korean President Lee Jae Myung and U.S. President Donald Trump in October, the State Department said Tuesday.
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