SEOUL, E-Mart Inc. on Wednesday reported its fourth-quarter net loss of 107.1 billion won (US$80.1 million), swinging from a profit of 140.7 billion won a year earlier.

The company said in a regulatory filing that it posted an operating loss of 85.5…

SEOUL, Household loans extended by banks in South Korea rose for the 10th straight month in January, led by rising home-backed loans, central bank data showed Wednesday, amid worries that highly indebted households could pose a risk to Asia’s fourth-…

The Fisheries Administration of the Ministry of Agriculture, Forestry and Fisheries (MAFF) has announced the presence of another dolphin calf this year.

The newborn dolphin was spotted swimming with a herd of seven other dolphins at 10:18 am on Feb….

SEOUL, Suspicious transaction reports (STR) involving virtual assets, such as cryptocurrency, rose sharply from a year earlier in 2023 while the number of cases referred to the prosecution nearly doubled, the financial regulator said Wednesday.

The …

SEOUL, President Yoon Suk Yeol pledged Wednesday to provide regulatory and tax benefits to foreign-invested companies in South Korea, citing their large contributions to the local economy.

Yoon made the promise during a luncheon meeting with the hea…

SEOUL, A major South Korean state-run think tank said Wednesday it maintains the country’s economic growth outlook for this year at 2.2 percent as rising exports are projected to lead a gradual recovery despite weak domestic demand.

The Korea Develo…