President Yoon Suk Yeol held a dinner meeting with members of the ruling People Power Party (PPP) on Wednesday, including the newly elected chief, Han Dong-hoon, and other party leaders. The Yoon gathering was hosted with the intention of promoting r…

Prosecutors on Friday secured a luxury handbag that first lady Kim Keon Hee had received from a Korean American pastor seeking her favors as part of an investigation into allegations that the acceptance violated ethics rules.

The Dior bag, worth 3 m…

Kakao Corp., South Korea’s biggest messenger operator, is confronting a major crisis after founder Kim Beom-su’s arrest Tuesday for alleged stock price manipulation related to last year’s takeover of K-pop powerhouse SM Entertainment.

The incident o…

Kia Corp., South Korea’s second-largest automaker, said Friday its second-quarter net profit rose 5 percent from a year ago, helped by the company’s sales focus on pricier models and a weak won.

Net profit for the April-June period came to 2.95 tril…

U.S. President Joe Biden on Thursday expressed his appreciation to Korean War veterans for their sacrifices during the 1950-53 conflict, as he proclaimed a special day to commemorate the signing of the armistice that halted the war.

Biden issued an …

South Korean shares closed sharply higher Friday, ending a two-day losing streak on large cap gains led by financial firms and shipbuilding companies. The local currency fell slightly against the U.S. dollar.

The benchmark Korea Composite Stock Pric…