SK Group Chairman Chey Tae-won on Friday filed an appeal against the Seoul High Court’s ruling in his divorce case with former Art Center Nabi Director Roh So-young, sending the dispute over a 944 billion won ($668 million) property settlem…
Samsung Electronics Chairman Lee Jae-yong continued to receive no compensation in the first half, while SK Group Chairman Chey Tae-won received 1.75 billion won (US$1.23 million), regulatory filings showed Friday. According to regulatory fi…
Swedish fashion giant H&M has disclosed a data breach that exposed some of its customers’ personal information in Korea, the company said Friday. In a notice sent to members, H&M said it had confirmed an incident involving the unauthorized
The top national football league announced Friday it has banned matches at a stadium in the southeastern city of Pohang until further notice due to safety concerns. The Korea Professional Football League (K League) said Pohang Steelers will…
Justice Minister Jung Sung-ho has requested disciplinary action against two prosecutors who stormed out of a high-profile perjury trial in protest of allegedly unfair court proceedings last year, the ministry said Friday. The move follows a…
The younger generation of Koreans are bearing the brunt of a "jobless recovery" brought on by slower economic growth, President Lee Jae Myung said Friday at a meeting on youth policies. Unlike the older generation that enjoyed ample opportu…
Baek In-chun, the only player ever to hit .400 in the South Korean professional league, is in critical condition as of Friday afternoon. The former player and manager suffered cardiac arrest and was pronounced dead in the morning and was re…
Viva Republica, the operator of South Korean fintech giant Toss, reported an over 50 percent increase in revenue in the first half of the year, driven by growth across its in-app services. Consolidated revenue stood at 1.89 trillion won ($1…
Lee Yong-soo, a 97-year-old survivor of Japan's wartime sexual slavery, attended a commemorative ceremony at the Kim Koo Museum & Library in Seoul on Friday to mark the Memorial Day for Victims of Japan's Military Sexual Slavery. Lee is one…
The ruling Democratic Party of Korea submitted a resolution backed by all 161 of its lawmakers on Friday to expel main opposition People Power Party Rep. Lee Jin-sook from the National Assembly. The liberal party accused Lee of undermining
South Korean Prime Minister Han Seong-sook met Bill Gates, chairman of TerraPower, in Seoul on Friday to discuss cooperation on small modular reactors and energy solutions for the artificial intelligence era. Han said securing sufficient el…
South Korea and the US are deepening their strategic nuclear partnership as Korean industrial leaders, including SK Group and HD Hyundai, expand their presence in the fast-growing small modular reactor (SMR) market. On Friday, Korean Indust…