The finance ministry said Monday it will push to reduce 32.1 trillion won (US$24.01 billion) of debt incurred by 14 financially troubled public companies combined by 2026 through asset sales and organization restructuring.
According to the revised f…
The 22nd National Assembly formally kicked off with an opening ceremony Monday, more than three months after it came into operation, with President Yoon Suk Yeol skipping the ceremony amid tensions with the opposition.
Yoon’s decision to sit out the…
Stuck in a lost season, once-mighty Jeonbuk Hyundai Motors have assured themselves of a spot in the bottom half of the K League 1 for the first time in club history.
Jeonbuk played FC Seoul to a goalless draw at home, Jeonju World Cup Stadium in Jeo…
Renault Korea Motors Co., the South Korean unit of Renault S.A., said Monday its August sales inched up 0.4 percent from a year earlier thanks to overseas shipments.
Renault Korea sold 8,451 vehicles last month, up from 8,414 units a year earlier, t…
South Korea’s average daily maximum power demand reached a new high in August as the country experienced scorching summer heat that persisted throughout the month, data showed Monday.
The country’s peak power demand in August averaged 87.8 gigawatts…
The health ministry said Monday it plans to deploy military physicians to hospital emergency rooms amid growing concerns over a possible disruption of emergency care during the Chuseok holiday due to a prolonged walkout by junior doctors.
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