Prime Minister Lee Nak-yon met with the governor of the U.S. state of Wisconsin on Friday and discussed trade and economic cooperation, including the free trade pact between the two countries, Lee's office said.Gov. Scott Walker has been on a four-day visit to South Korea since Wednesday, leadin

Twenty winners of the 6th Daepyung Namjonghyun Invention Culture Award were cited at a gala ceremony held at the Namjonghyun Culture Center building in Cheorwon some 47.8 miles north of Seoul Saturday (Sept. 9). The Award is considered a great source of inspiration for the people who are interested

South Korea's exports fell 8.7 percent in the first 10 days of this month from a year earlier due to decreased business days, the latest customs data showed Monday.Total outbound shipments reached US$12.3 billion from Sept. 1-10, down from $13.5 billion tallied over the same period last year, ac

Hyundai Motor Co. and its sister company Kia Motors Corp. are set to miss this year's sales target as diplomatic rows with China deepen, company officials said Sunday.In the January-July period, Hyundai Motor and Kia Motors, two key affiliates of South Korea's Hyundai Motor Group, posted a 4

LG Electronics Inc.'s brand new V30 smartphone will come with a price tag in the mid-900,000 won range in its home market, industry sources said Sunday, as it aims to compete head on with other flagships in the second half of this year.According to mobile operators, the 64 gigabyte version of th

South Korea's top financial regulator said Sunday it will step up monitoring and carry out probes into money laundering, unauthorized financing and other illicit transactions of digital currencies.Joining Japan, China and other Asian nations in trying to regulate crypto-currencies, the Financial

A Seoul court issued a warrant to detain the chief of public broadcaster MBC for a week for an investigation into alleged unfair labor practices, prosecutors said Friday.Kim Jang-kyom, the company's embattled CEO and president, has refused several times to answer the summons by the Seoul regiona

South Korean firms, led by LG Chem Ltd., are in a rush to tap into the electricity vehicle (EV) battery market, which is poised to further expand down the road, industry sources said Saturday.LG Chem, a major chemicals and battery firm under the LG Group, announced early this week that it has decide

Millennium Seoul Hilton offers an enchanted personalized wedding experience called the H Wedding. “H” conjures up words such as heart, harmony, happy, holy, hope, honey and human, which all make up a romantic and memorable experience for the bride and groom.Whether it’s in front of an intimate group

South Korea's central bank is likely to hold its key rates steady this month as soft economic growth and subdued inflation will allow it to sit on the sidelines, a leading provider of economic analysis said Sunday.The Bank of Korea (BOK) is set to hold its rate-review session Thursday to decide

A heat wave has killed more than 2.67 million chickens and ducks across South Korea since July, an insurance company said Saturday.Temperatures hovered above 33 degrees Celsius for 24 days across the country in the summer. The mercury hit this year's record high of 39.6 degrees Celsius in Yeongc

"Generally, about 75% of liver cancer are liable to recur five years after they are cured. However, Green Cross Cell-developed 'Immuncell-LC', the next-generation customized cancer immunotherapy, can reduce the recurrence rate up to 33%. This result is considered unprecedented globally. Thi

Four workers were killed in an explosion on an oil tanker under construction at an STX Offshore & Shipbuilding plant in Changwon, South Gyeongsang Province, the national fire agency said Sunday.The accident occurred at 11:37 a.m. at the plant in the city located some 450 kilometers southeast of Seou

South Korea's top 30 conglomerates increased their investment 28 percent on-year in the first half of this year on the back of strong performances by chip and display makers, a market tracker said Sunday.The total amount of investment came to 37.14 trillion won (US$32.5 billion) in the January-J

South Korean retail giant Lotte Group has sold the most debt so far this year with other major business groups also offering massive corporate debt amid low market rates, data showed on Saturday. According to the data compiled by Infomax, the financial news and information arm of Yonhap News

By Managing Editor Ms. Kim Jung-miWith Reporter Kim Sung-minDriving for about an hour and half northward from Seoul, one comes to the Cheorwon County of the Gangwon Province, some 48 miles northeast of Seoul, where is located the Glami Co., Ltd. which was established by Chairman & Chief Executive Of

South Korea's finance minister and central bank governor pledged Wednesday to take measures to stabilize financial markets, if necessary, amid lingering tensions between North Korea and the United States."The government and the Bank of Korea plan to make aggressive efforts to stabilize financia

South Korean companies spent more on labor costs last year than two years ago despite a fall in their sales, with export industries bearing a heavier burden in salary payments, industry data showed Wednesday.CEO Score, which follows business performances of major corporations, analyzed 334 firms who

South Korea's two leading carmakers Hyundai Motor Co. and Kia Motors Corp. said sales of eco-friendly vehicles shot up 2.5-fold in 2017, on strong consumer demand.The companies, flagship affiliates of Hyundai Motor Group, the world's fifth-largest automotive conglomerate, said sales of conve

Sales of gold bars, regarded as a safe haven for investors, are increasing in South Korea amid escalating tension with North Korea, industry sources said Saturday.The Korea Gold Exchange, a local trader, said the average daily sales of 100-gram gold bars reached 250 units since Wednesday, rising sha