President Yoon Suk Yeol vowed Monday to accelerate urban redevelopment and reconstruction projects to correct what he described as the previous administration’s housing policy failures and to supply people with the houses they want.

Yoon made the re…

A labor union at steelmaking giant POSCO filed a labor complaint Monday, accusing the company of prodding unionized employees to quit the labor union, union officials said Monday.

The complaint was filed with the labor ministry by the POSCO labor un…

The U.S. government announced a plan Monday to award Taiwan Semiconductor Manufacturing Co. (TSMC) some US$11.6 billion in grants and loans to support the chipmaker’s investment for three fabrication plants in Arizona, as it strives to boost domestic…

Prosecutors on Monday sought a 15-year prison term for Lee Hwa-young, former vice governor of Gyeonggi Province, over allegations of accepting substantial bribes from Ssangbangul Group and involvement in an unauthorized remittance case to North Korea…

With the parliamentary elections two days away, rival parties headed to key battleground areas in Seoul and the nearby metropolitan regions Monday as they made their final pitch to voters after a record high turnout in the early voting.

Ruling Peopl…

South Korean stocks ended slightly higher Monday on the back of autos and batteries following stronger-than-expected U.S. jobs data. The Korean won fell against the U.S. dollar.

The benchmark Korea Composite Stock Price Index gained 3.44 points, or …