South Korea

[Politics] : Following the launch of the Joe Biden administration in the U.S., President Moon Jae-in has stressed efforts to end a long-standing impasse in talks on the denuclearization and lasting peace of the Korean Peninsula. During a meeting of the Na...

Gopizza, a Korean pizza franchise specializing in single servings, saw sales break past SG$100,000 ($75,000) in Singapore in December, eight months after its first launch in the country, the company said Thursday. The pizza franchise tapped into th...

Samyang Foods on Thursday unveiled a new corporate management vision that focuses on environment, society and improved corporate governance. The company, known globally for its popular Buldak Spicy Chicken noodles, said it plans to launch an audit...

The Agency for Defense Development (ADD) has proposed unmanned submarines, flying bikes, and artificial intelligence (AI) pilots as the future game changers. In a collaboration with the Defense Acquisition Program Administration, the ADD unveiled t...

A foreign investor group of South Korea-based Kyobo Life Insurance is in hot water as its plan to exit from the insurer faces a setback after an indictment of its officials, while its demand for an initial public offering by Kyobo Life since 2012 rem...

Gone are the days when the leaders of the US and North Korea exchanged "love letters" -- or threats of "fire and fury." US President Joe Biden took office Wednesday, and the world is now watching Biden to see what actio...

SEOUL, Jan. 21 (Yonhap) -- The new administration of U.S. President Joe Biden is expected ......

Protective gear has become a symbol of hope to fight back the pandemic, as the virus continues to sprawl to unprecedented heights. Medical personnel swathed in thick layers of protective hazmat suits have become harbingers of life and death. In this...

(ATTN: CHANGES headline, lead; UPDATES with reports of Biden's inaugural address in p......

Upbit, a South Korean digital asset exchange, said Thursday that its Thailand unit was up and running after receiving the necessary licenses from regulators. The Thailand Securities and Exchange Commission recently granted approval for Upbit Thaila...

(ATTN: UPDATES with additional remarks from Biden; ADDS photo)By Byun Duk-kun WASHINGTON......

Market turbulence brought on by the pandemic has left many companies in shambles. Some forward-looking corporations took the unease as an opportunity to reset and refocus, in order to emerge stronger in the post-pandemic era. For Hanwha Solutions,...

Among South Korea's rich stockholders aged under 50, LG Group Chairman Koo Gwang-mo ranks No.1 with an estimated stock value of 2.8 trillion won ($2.55 billion), industry data showed Thursday. Also, in the superrich group of those with stock a...

From a wartime gunpowder supplier to a retail-to-finance conglomerate, Hanwha Group has made quite a transformation in its near seven-decade history. Yet, its change from now on may be even more dramatic, as the group with 86 affiliates and total a...

A new space race has begun in the US, as billionaire entrepreneurs Elon Musk and Jeff Bezos set out to launch thousands of small satellites to provide high-end internet coverage everywhere around the globe. Although a late comer to the space in gen...

President Moon Jae-in reaffirmed his commitment to reviving the stalled nuclear talks with North Korea at a meeting Thursday, where he was briefed by his security aides on major initiatives this year to improve inter-Korean relations and South Korea&...

LG Energy Solution topped the global market of electric vehicle batteries in 2020, while Hyundai Motor and its sister company Kia have ranked fifth in the global electric vehicle market. According to market tracker EV-Volumes, the country's b...

Samsung heir Lee Jae-yong finally broke his silence, three days after he was sent back to prison on Monday for bribing former President Park Geun-hye. In a message sent via his attorneys on Thursday, the Samsung Electronics vice chairman reaffirmed...

Hydrogen-powered vehicles wait in line for a free refueling at a rest area along a highway in Chuncheon, Gangwon Province, Thursday. The hydrogen station, which is on a trial run, is offering free refueling Thursday and Friday between 11 a.m. and 4 p...

President Moon Jae-in pledged Thursday to maintain close partnerships with the new US administration, chairing a rare plenary session of the National Security Council (NSC) hours after Joe Biden's inauguration. "The government will develop the...

South Korea's benchmark stock index hit an all-time high Thursday on strong foreign buying, buoyed by stimulus hopes related to the inauguration of US President Joe Biden. The Korean won rose against the US dollar. The benchmark Korea Composite Stoc...

A former national short track speed skating coach was sentenced to 10 1/2 years in prison on Thursday on charges of sexually assaulting Olympic champion Shim Suk-hee. The Suwon District Court convicted Cho Jae-beom of violating the Act on the Protec...

WASHINGTON, Jan. 20 (Yonhap) -- U.S. President Joe Biden promised efforts to repair his co......

A local office of global pharmaceutical company Pfizer Inc. is expected to submit an application for the approval of its COVID-19 vaccine to South Korea's drug safety agency, industry sources said Thursday. The company is planning to submit the appl...