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LG Electronics Q2 operating earnings fall by 12% on weaker demand
Analysts have suggested less upbeat earnings for LG for the remaining year, as pandemic-driven pent…
Kia reports 40% jump in Q2 profit by an increase in high-end SUV sales and decreased incentives
Net profit for the three months ended in June rose to 1.88 trillion won ($1.43 billion) from 1.34 t…
Hyundai feels the pinch of chip shortage, global sales fall 4.5%
The new affiliate, tentatively named HMG Global, will be established in Delaware state in the US an…
Hyundai Mobis develops world's 1st rollable vehicle display
Hyundai Mobis, South Korea's leading auto parts maker, said on Monday it has developed the world's …
North Korea's arms factories are going full-tilt making weapons and ammo for Russia's war, says South Korea
North Korean arms factories usually operate at 30%, but the ones making munitions for Russia at "fu…
Matthew Loh
LG Group chairman Koo Kwang-mo sued over inheritance by family
LG Group Chairman Koo Kwang-mo has been sued by his family over inheritance he received more than f…
New parents in South Korea are getting $750 every month as Seoul launches its 'birth encouragement' gambit to slow population decline
The South Korean government, racing to rescue declining birth rates, upped the monthly subsidy from…
Matthew Loh
A robot crushed a man to death after it mistook him for a box of vegetables: reports
A robotic arm used for packing bell peppers lifted a worker and pushed him against a conveyor belt …
Joshua Zitser
Samsung family members selling $2 bn worth shares to cover inheritance taxes
Members of Samsung Group's owning family are set to sell nearly 2.6 trillion won ($2 billion) worth…
A man set himself on fire after a matchmaking agency refused to arrange a marriage for him
The 64-year-old man from Jeju Island, South Korea, poured gasoline over his own head and set himsel…
Cheryl Teh
North Korea said the US' latest military actions 'may fall under the conditions' Pyongyang has set for a nuclear first strike
Kang Sun-nam made the threat as the US docked a nuclear-armed submarine, in this case the USS Kentu…
Matthew Loh
Samsung and LG battery units estimated to post tepid earnings in third quarter
Its brisk earnings are expected to be led by solid demand for electric vehicle (EV) battery …
Kim Jong Un's powerful sister calls Biden as 'old man with no future' and attacks US nuclear defense pact with Seoul
Kim Yo Jong said Joe Biden made a "nonsensical remark" after the president warned any attack from N…
Isobel van Hagen
North Korea remains unresponsive to regular contact via military hotline for 2nd day
North Korea remained unresponsive to regular contact via a military hotline for the second day on S…
Samsung may unveil its new foldable smartphone in August
Samsung is likely to unveil its new foldable smartphone in August, industry insiders said on Tuesda…
South Korea lifts years-long mask mandate for public transportation
Amid a stable Covid situation, South Korea on Monday finally lifted its years-long mask mandate for…
'Gangnam Style' singer Psy criticized for requiring 300 tons of water for each of his upcoming summer concerts amid South Korea's drought
This year's concert series is being advertised with slogans such as "so much water that it will mak…
Waiyee Yip
North Korea has fired a new type of intercontinental ballistic missile in its first long-range weapons test since 2017, South Korea and Japan say
The missile flew for 70 minutes before landing in the waters within Japan's economic exclusive zone…
Matthew Loh
New $22 million Korean War memorial in Washington has 1,015 spelling errors and 245 service members who didn't die in the war, report says
Some of the names on the Korean War memorial in Washington, DC, are of people who died in circumsta…
Sophia Ankel
South Korea to develop its own COVID-19 vaccine late next year, said Prime Minister Chung Sye-kyun
South Korea will be able to develop its own Covid-19 vaccine late next year, in addition to foreign…