Female employees accounted for less than 28 percent of the workers at South Korea's state-funded firms and institutions, lagging behind the government's target of 30 percent, a report said Wednesday.Out of 327,675 people working at 351 public companies, 27.7 percent, or 90,761, were women la

Global credit appraisers said Tuesday the outlook for South Korea's No. 2 chipmaker SK hynix Inc. will not be affected by the latest deal to acquire stakes in Toshbia Corp.'s memory business.A global consortium comprising participants from South Korea, the United States and Japan clinched an

South Korean authorities are on high alert after the discovery of venomous fire ants in the southern port of Busan last week.Agricultural, environmental and maritime officials held an urgent meeting on Monday to discuss measures to prevent the highly invasive alien red ant species with a sting that

Renault S.A. has partnered with a South Korean association so it can work with startups with advanced mobile technology expertise for the development of next-generation vehicles, the carmaker's local unit said Monday. Before setting up an "open innovation office" in South Korea

GM Korea Co., the local unit of General Motors Co., said Monday its September sales retreated 10.7 percent from a year earlier due to contracted domestic demand.The carmaker sold 40,264 vehicles under the Chevrolet badge, down 10.7 percent from the same month last year, according to GM Korea.Monthly

Foreign investment banks expect South Korea's central bank to raise the key rate sometime in the first half of next year, a report showed Monday.According to the Korea Center for International Finance, foreign institutions, including JP Morgan, forecast that the Bank of Korea (BOK) will take a c

South Koreans received the most doctor consultations per capita among the members of the Organization for Economic Cooperation and Development (OECD) in 2015, data showed Sunday.South Koreans received doctor consultations 16 times annually on average, posting the highest figure among the 35 member s

Hyundai Motor workers have elected a militant labor activist as their new union leader, a move that could set the stage for tough negotiations with the company's management over wages and benefits this year.Ha Bu-young won the support of 46.5 percent of the 50,780-member union in a vote Friday i

South Korean digital advertising company Innored Ltd. said Saturday that it has won the 2017 Google video innovation award for the Asia-Pacific region.The agency said the Google Premier Partner Award recognizes and celebrates top-performing corporate partners for their contributions to digital marke

Samsung Electronics Co. said Thursday its QLED TVs won positive reviews from U.S. industry trackers as it pushes to promote the cutting edge technology.Samsung Electronics said U.S.-based DisplayMate and Forbes praised its QLED TVs for delivering satisfactory all-round performance.The QLED TVs make

The government will buy 720,000 tons of rice harvested this year to stabilize domestic market prices amid chronic oversupply of the staple grain, the agriculture ministry said Thursday.The Ministry of Agriculture, Food and Rural Affairs said it will buy 350,000 tons of rice for its reserve and 370,0

For many tech-savvy youngsters who are eager to share unique photo spots with their social media friends, Samcheong-dong in central Seoul is a must-go place. And for those who wish to simply enjoy a different atmosphere, the place also offers a rare experience of going back in time.Located on the ea

The South Korean government on Wednesday unveiled a new duty-free license scheme to improve transparency and fairness as part of efforts to revamp the scandal-hit sector.Under the plan, the government will form a neutral private panel to examine the qualifications of applicants and grant permits, ac

South Korea will step up quarantine measures against bird flu ahead of the long holiday as a suspected case was reported in the country's southern region, the Ministry of Agriculture, Food and Rural Affairs said Wednesday.The ministry said an H7N7 strain of avian influenza (AI) was found in wild

South Korea's leading tech giants -- Samsung Electronics Co. and LG Electronics Inc., -- said Wednesday they will invest a combined 10.5 trillion won (US$9.21 billion) by 2020 to develop advanced technology for cell phone and home appliances.Kim Jong-ho, the head of electronic appliances at Sams

Hyundai Motor Group has opened a big data center in China in a move to expand into one of the world's largest automobile markets, the conglomerate said Tuesday.The first overseas data center in Guizhou Province began operations to pursue projects to develop localized connected car services for C

Samsung Electronics Co. said Tuesday it plans to close down its music-streaming app Milk in October, and instead provide the services through its updated Samsung Music player.The South Korean tech giant first kicked off the service in 2014 to compete with Apple Inc.'s iTunes.The Milk service was

Business leaders of South Korea and Japan gathered in Seoul on Tuesday to discuss ways to step up collaboration in the technology and energy sectors, as well as in facilitating multilateral free trade with other Asian nations.About 300 businessmen from major companies attended the meeting hosted by

The 10th edition of JEC Asia, the annual event 100% dedicated to Composites in Asia-Pacific with focus on end-user markets, will be held for the first time in Seoul in Nov. 1-3, 2017. It will take place at COEX in Gangnam, Seoul. The three-day event will gather the whole composites value chain and w

A former Standard & Poor's official said Tuesday South Korea's economy remains stable due to its solid fundamentals, though North Korean provocations have emerged as a major threat.In a Seoul seminar arranged by the Federation of Korean Industries (FKI), John Chambers, former chairman of Sta