The financial regulator said Monday it plans to revise related regulations to prohibit early redemption charges amid its efforts to curb growing household debt.

Under the revised rules, lenders will be allowed to charge only the “actual” fees and co…

Kia Corp., South Korea’s second-largest automaker, said Monday its monthly sales slipped 4.6 percent on-year in February over the reduced number of working days last month and a delayed announcement in the government’s electric vehicle (EV) subsidy s…

South Korean stocks continued to trade higher late Monday morning as foreigners extended their buying streak to seven consecutive sessions, with tech and finance shares leading overall gains.

The benchmark Korea Composite Stock Price Index had added…

President Yoon Suk Yeol on Monday pledged significant support measures for the southeastern city of Daegu, a conservative stronghold, including the opening of a new airport and fostering the robotics industry.

Yoon made the commitments during a gove…

Health Minister Cho Kyoo-hong said Monday that authorities plan to start punitive steps against “illegal” labor action by trainee doctors who have defied the government’s order to go back to work.

About 9,000 trainee doctors remained off their jobs …

SK hynix Inc., the world’s second-largest memory chipmaker, on Monday denied a recent media report that it has been pressured by the South Korean government to approve the merger between Japanese Kioxia Corp. and U.S.-based Western Digital (WD) Corp….