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Shinsegae Group Chairman Chung Yong-jin issued a formal, personal apology on May 26, 2026, following intense public backlash
South Korea-based Bear Robotics, a subsidiary of LG Electronics, is accelerating its global expansion in service robotics with
South Korea said late on May 21 local time that it would freeze government-imposed fuel price caps for
Workers at Samsung Electronics, South Korea’s largest company and one of the world’s dominant memory-chip manufacturers, began voting
Photo=Motionelements South Korean shipping company Sinokor Merchant Marine has pushed back against implications in recent international media coverage suggesting ties to an oil tanker that reportedly transited the Strait of Hormuz with its tracking system disabled, arguing that its role was materially different from how the vessel’s ownership and control structure had been portrayed. The company said on May 12
Photo=LOTTE South Korea’s surging global cultural influence is translating into record-breaking retail performance, as rising numbers of foreign tourists drawn by K-pop, K-dramas and Korean beauty trends fueled the strongest first-quarter earnings ever reported by the country’s leading department-store chains. The results highlight how South Korea’s expanding soft power is increasingly reshaping not only tourism but also the nation’s broader
Photo=Hyundai Card The Weeknd will return to South Korea in October for his first performances in the country in eight years, headlining two large-scale stadium concerts expected to draw a combined audience of about 100,000 fans. Credit-card issuer Hyundai Card said May 11 that the Canadian pop star will perform on Oct. 7 and Oct. 8 at Goyang Stadium as
Photo=KAI South Korea’s KF-21 Boramae fighter-jet program is facing mounting budget pressure after defense officials disclosed May 12 that projected production costs for the next batch of aircraft had surged by nearly $3.1 billion, raising concerns that deployment timelines could slip. According to documents submitted by the Defense Acquisition Program Administration to lawmakers, the estimated cost of producing an additional
South Korean won money bills in big amount lies on South Korea flag close up. Finance and banking concept South Korea posted the fastest economic growth among major economies in the first quarter, central bank data released May 12 showed, underscoring the country’s rebound on the back of booming semiconductor exports and stronger corporate earnings. The country’s real gross domestic
