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BOK Slashes Growth Projection to 6-Year LowThe Bank of Korea on Thursday slashed its growth outlook for the economy this year...
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Businesses Urge U.S. to Exempt Korea from Punitive TariffsThe Federation of Korean Industries and the American Chamber of Commerce in Korea have called...
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Koreas, U.S.-led U.N. Command hold 1st talks on disarming borderNorth Korea, South Korea and the United Nations Command (UNC) held their first three-way talks...
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Facebook Security Breach Affects 35,000 Korean UsersSome 34,891 Korean Facebook accounts were hacked in the latest security breach in the global...
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Koreans Spend Record Sums AbroadA strong won and cheap airfares have resulted in Koreans spending a record W32 trillion...
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OECD Slashes Korea's Growth ProjectionThe OECD on Thursday lowered its growth projection for Korea for this year from three...
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Mobile App-Related Complaints on IncreaseThe growth of the mobile app market in Korea has seen a rise in the...
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Many Small Businesses Heavily in DebtMore than 150,000 small businesses have taken out high-interest loans from small savings banks, or...
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More and More Products Target SinglesThere has been a surge in the variety and number of products targeting single householders...
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Rise of Single-Person Households Boosts Sales of Cup NoodlesInstant cup noodles are growing in popularity as more people seek easy-to-cook products for convenience.The...
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Rival Korea leaders to meet in Pyongyang; date not yet fixedThe rival Koreas announced Monday that North Korean leader Kim Jong Un and South Korean...
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'Me Too' Leads to Women Being Shunned in the OfficeThe Hollywood-born "Me Too" movement against sexual harassment has had the paradoxical effect that many...
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2,500 GM Korea Workers Accept Early Retirement
Some 2,500 workers at GM Korea's doomed plant in Gunsan and two others have accepted an early retirement package, the...
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Korea Files Suit Against U.S. at WTO
The government has filed a lawsuit against the U.S. with the World Trade Organization. The WTO said Wednesday that the...
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Visa Regulations Bedevil Korea's New Global BusinessesCall-center outsourcing company Ubase faces a major crisis because of problems getting visas for foreign...
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Over 2,000 Jobs to Be Lost as GM Korea Shuts Down PlantThe country's third-largest automaker GM Korea is to lay off 2,100 people when it shuts...
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GM Korea to Shut Gunsan Assembly PlantGM Korea will shut down its assembly plant in Gunsan, North Jeolla Province by the...
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iPhone X Flops in KoreaApple's latest iPhone X is a flop in Korea.According to industry figures Wednesday, only 400,000...
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North Korea, US clash at disarmament forum on nuke issueHan, addressing the UN-sponsored Conference on Disarmament, said nuclear tests in 2017 had allowed his...
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Bank of Korea Forecasts 3% Growth This Year
The Bank of Korea raised its forecast for Korea's economic growth to 3 percent this year and 2.9 percent for...
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EU to Take Korea off Tax Havens List
Korea is expected to be removed from the EU's blacklist of tax havens next week after becoming the only OECD...
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US vows to keep up pressure as two Koreas hold first talks in two yearsThe United States will keep up pressure on North Korea, a senior adviser on Washington's...