South Korea and Turkey have agreed to extend their currency swap deal by three years, the Bank of Korea (BOK) said Monday.
In 2021, the two countries signed their first three-year, 2.3 trillion-won (roughly US$2 billion) currency swap agreement in a…
Krafton Inc., a South Korean game publisher, said Monday its second-quarter net income surged more than 165 percent from a year earlier thanks to record quarterly sales driven by the popularity of its smash-hit title PUBG: Battlegrounds.
Its net pro…
Vice ministers from various government agencies will hold a meeting this week to address growing safety concerns over electric cars, following the recent explosion of an electric sedan in an underground apartment parking lot, the government said Mond…
The main opposition Democratic Party (DP) decided Monday to revise its platform to include former leader Lee Jae-myung’s “basic society” welfare plan centering on guaranteeing universal basic income.
The new party platform will better reflect Lee’s …
Cosmax Inc. on Monday reported its second-quarter net profit of 35.3 billion won (US$25.8 million), up 28.9 percent from a year earlier.
The company said in a regulatory filing that operating income for the April-June period rose 1.4 percent on-year…
OpenAI chief strategy officer Jason Kwon said Monday he expected humans to keep control over artificial intelligence, playing down concerns over the unchecked development of the fast-growing technology.
Kwon told an AI forum in Seoul that finding wa…
