Household debt in South Korea surged to nearly 100 percent of the nation’s gross domestic product, raising concerns that the central bank’s rate hikes may be placing a heavy burden on the household …
North Korean workers in Russia defect to South Korea
April 5 (UPI) –Three North Korean laborers who were detained in Russia have been freed and allowed to travel to South Korea, according to a Russian news report. Baikal Daily reported Saturday the …
Exclusive: South Korea steel giant POSCO weighs how to exit Myanmar military-backed venture – sources
“We won’t want to run the business like we do now, and we are reviewing restructuring our Myanmar operation,” one of the two sources with knowledge of the discussions told Reuters. The people declined …
S. Korea’s LG Electronics to withdraw from mobile phone business
SEOUL, April 5 (Xinhua) — South Korea’s tech giant LG Electronics said on Monday that it will withdraw from the mobile phone business later this year, following years of loss-making performance. The …
S. Korea’s LG Electronics to withdraw from mobile phone business
SEOUL, April 5 (Xinhua) — South Korea’s tech giant LG Electronics said on Monday that it will withdraw from the mobile phone business later this year, following years of loss-making performance. The …
South Korea’s LG becomes first major smartphone brand to withdraw from market
In South Korea, the division’s employees will be moved to other … it added. Talks to sell part of the business to Vietnam’s Vingroup fell through due to differences about terms, sources with …
South Korea’s LG becomes first major smartphone brand to withdraw from market
In South Korea, the division’s employees will be moved to other … it added. Talks to sell part of the business to Vietnam’s Vingroup fell through due to differences about terms, sources with …
Indonesia and S. Korea pushing for defence ministerial talks
South Korea is in talks with Indonesia to set up defense ministerial talks on the occasion of an upcoming rollout ceremony showcasing a prototype of South Korea’s first indigenous fighter jet this …
Couple accidentally deface $440K painting in South Korea
A young couple accidentally damaged an expensive painting after mistaking it for an interactive piece of art. The couple, described as being in their 20s, picked up brushes and paints that were in …
Japanese textbooks anger South Korea over ownership of islands
SEOUL, South Korea: A long-standing territorial controversy has ruffled South Korean-Japanese relations following the publishing of Japanese school textbooks. The Japanese textbooks refer to South …