South Korea is expected to secure up to 90 percent of pre-Iran war naphtha supplies for May, the industry ministry said Tuesday, adding that major petrochemical companies are expanding their plant operations in line with inbound supplies.
Hyundai Motor Group plans to invest about 8 trillion won ($5.43 billion) to build a massive research and business complex in southern Seoul, as the company moves to consolidate scattered research capabilities and accelerate its push into future mobility.
South Korean police have launched an investigation into allegations that vaccines from batches linked to foreign-substance reports were improperly distributed during the COVID-19 pandemic, authorities said Tuesday.
SEOUL, April 28 (Yonhap) -- A Seoul court on Tuesday ordered authorities to cancel 68.7 billion won (US$ 46.6 million) in taxes levied on the local unit of U.S. streaming giant Netflix.
1932 -- Yun Bong-gil attacks Japanese officials at a park in Shanghai where they gathered to celebrate the birthday of then Japanese Emperor Hirohito. The Korean activist threw two bombs he had hidden in lunch boxes onto the podium, killing seven top Japanese military leaders, in protest of Japan's colonization of K…
Ninety liberal lawmakers on Tuesday urged the US Congress to respect South Korea's judicial sovereignty in a letter to the US ambassador to South Korea, countering allegations of discriminatory actions against e-commerce firm Coupang and other US companies.
The Seoul High Court on Tuesday upheld a lower court ruling that sentenced former People Power Party floor leader Kweon Seong-dong to two years in prison for receiving illicit political funds from a senior Unification Church official ahead of the 2022 presidential election.
SEOUL, April 28 (Yonhap) -- South Korea is expected to secure up to 90 percent of pre-Iran war naphtha supplies for May, the industry ministry said Tuesday, adding that major petrochemical companies are expanding their plant operations in line with inbound supplies.
SEOUL, April 28 (Yonhap) -- South Korea's tax authorities said Tuesday they will begin receiving filings under the new global minimum corporate tax regime from more than 2,500 multinational enterprises next month.
SEOUL, April 28 (Yonhap) -- Banks' overall lending rates fell for the first time in four months in March as a decline in corporate loan rates outweighed a rise in household lending rates amid tighter regulations aimed at stabilizing the housing market, data showed Tuesday.
SEOUL, April 28 (Yonhap) -- South Korea's antitrust regulator said Tuesday it has extended by three years the compliance period for corrective measures imposed as a condition of a major shipbuilder acquisition led by Hanwha Group in 2022.
SEOUL, April 28 (Yonhap) -- The Literature Translation Institute (LTI) of Korea on Tuesday announced a plan to establish a graduate school next year in efforts to nurture more translators specializing in Korean literature, officials said.
SEOUL, April 28 (Yonhap) -- Issues between close allies should be resolved based on mutual respect and fundamental principles, President Lee Jae Myung said Tuesday.
SEOUL, April 28 (Yonhap) -- Seoul stocks were trading sharply higher late Tuesday morning, as investors snapped up major tech shares ahead of earnings releases from major U.S. tech companies.
SEOUL, April 28 (Yonhap) -- Police said Tuesday they plan to request an arrest warrant for a teenager accused of stealing gold bracelets from a jewelry store.
SEOUL, April 28 (Yonhap) -- Lottery sales in South Korea are expected to increase 4 percent next year compared with this year's projection to about 8.42 trillion won (US$5.71 billion), the Ministry of Planning and Budget said Tuesday.
South Korea's military has identified the remains of another soldier killed during the 1950-53 Korean War, raising the number of such service members to 273, the defense ministry said Tuesday.
North Korea has continued its surprising level of public acknowledgement of troop deaths in the Russia-Ukraine war, where it has maintained some 10,000 or more troops in support of Moscow. Starting last summer North Korea began issuing footage of coffins of slain DPRK troops being flown into Pyongyang, with Kim Jong…
SEOUL, April 28 (Yonhap) -- An appeals court on Tuesday sentenced Rep. Kweon Seong-dong of the main opposition People Power Party to a two-year prison term on charges of accepting illegal political funds from the Unification Church.
SEOUL, April 28 (Yonhap) -- The industry ministry held an inaugural public-private trade security dialogue Tuesday with executives from major semiconductor, artificial intelligence (AI) and quantum companies to discuss ways to respond to myriad global challenges facing the key industries.
SEOUL, April 28 (Yonhap) -- South Korea's military has identified the remains of another soldier killed during the 1950-53 Korean War, raising the number of such service members to 273, the defense ministry said Tuesday.
SEOUL, April 28 (Yonhap) -- The industry ministry said Tuesday it will provide a combined 300 billion won (US$203.6 million) in support for projects aimed at facilitating the artificial intelligence (AI) and green transformation of industrial complexes.
SEOUL, April 28 (Yonhap) -- Hyundai Rotem Co., the defense and rail systems unit of Hyundai Motor Group, said Tuesday it has signed an agreement with a Polish partner to establish local production of K2 battle tanks and armored recovery vehicles (ARVs).
SEOUL, April 28 (Yonhap) -- Song Sung-mun of the San Diego Padres has been sent back to the minors after a brief appearance in Major League Baseball (MLB) without having stepped into the batter's box.
SEOUL, April 28 (Yonhap) -- K-pop megastars BTS' latest album, "Arirang," has been certified "platinum" by a major French recording industry association, the group's agency said Tuesday.
South Korea's top nuclear envoy has stressed the need to swiftly resolve the North Korean nuclear issue, calling it the "most urgent" challenge to the nonproliferation regime, the foreign ministry said Tuesday.
SEOUL, April 28 (Yonhap) -- South Korea's top nuclear envoy has stressed the need to swiftly resolve the North Korean nuclear issue, calling it the "most urgent" challenge to the nonproliferation regime, the foreign ministry said Tuesday.
SEOUL, April 28 (Yonhap) -- President Lee Jae Myung on Tuesday pledged to mobilize all available resources to prevent workplace deaths, marking a state-designated day for commemorating industrial disaster victims.
SEOUL, April 28 (Yonhap) -- Seoul stocks briefly topped the 6,700-point level Tuesday, set to reach another milestone, driven by large-cap tech shares ahead of earnings releases from big U.S. tech companies.
Samsung SDI Co., a major South Korean battery manufacturer, said Tuesday it swung to a profit in the first quarter from a year earlier, driven by expanded energy storage system sales.
Executions rose sharply in North Korea for offenses including watching South Korean cultural content during the COVID-19 pandemic, a report showed Tuesday.
Seoul stocks opened at a record high on Tuesday ahead of earnings releases this week from US big tech companies, such as Alphabet and Meta, amid an extended crisis in the Middle East.
SEOUL, April 28 (Yonhap) -- Executions rose sharply in North Korea for offenses including watching South Korean cultural content during the COVID-19 pandemic, a report showed Tuesday.
SEOUL, April 28 (Yonhap) -- South Korea's exports of K-pop albums hit a record high of US$120 million in the first quarter of this year, customs data showed Tuesday.
SEOUL, April 28 (Yonhap) -- Seoul stocks opened higher on Tuesday ahead of earnings releases this week from U.S. big tech companies, such as Alphabet and Meta, amid an extended crisis in the Middle East.
The US government has renewed its criticism of South Korea’s network usage fee policy, underscoring a persistent friction point in bilateral trade relations.
SEOUL, April 28 (Yonhap) -- An appeals court was set to rule Tuesday on corruption charges against former first lady Kim Keon Hee, following a lower court sentence of one year and eight months in prison.