U.S. President Donald Trump on Wednesday announced a sweeping 100 percent tariff on imported semiconductors — moments after Apple revealed it would source a key iPhone component from Samsung ...

The National Tax Service (NTS) on Wednesday launched tax audits on 104 suspected tax evaders, including young buyers and foreigners, involved in high-end real estate transactions in Seoul. The ...

The political shock waves surrounding allegations that politicians received funds from the Unification Church are growing by the day. Names continue to surface across party lines, including the former ...

Financial regulators have escalated their response to Bithumb's massive erroneous Bitcoin payout worth 62 trillion won ($43 billion), shifting from an on-site inspection to a full formal investigation ...

As Korea’s minimum wage moves through the 10,000 won ($6.70) range, the focus of debate is shifting from raising the wage to expanding its coverage. This year, whether delivery riders, courier drivers ...

Bank of Korea (BOK) Gov. Rhee Chang-yong expressed concern on Friday about a “K-shaped recovery” in the economy while warning that growth outside of certain sectors like semiconductors remains ...

A vehicle caught fire Wednesday at the National Information Resources Service (NIRS) in Daejeon — the same facility where a blaze in its server room recently paralyzed government digital systems ...

Bill Gates, co-founder of Microsoft and chair of the Gates Foundation, will visit Korea later this month to discuss ongoing partnerships with Korean biotech firms and government officials, sources ...

Internet giant Kakao on Thursday denied rumors that it plans to sell its subsidiary Kakao Entertainment. “We reviewed potential changes to Kakao Entertainment's shareholder structure but have decided ...

Police have detained a Chinese couple accused of stealing several million won's worth — or several thousand dollars' worth — of Olive Young cosmetics, authorities said on Tuesday. The Seoul Gwanak ...

BEIJING — Korean President Lee Jae Myung and Chinese Premier Li Qiang discussed developing a new model of economic cooperation to reflect changing times and move toward a path of mutual benefit during ...

The author is a former emeritus professor of history at Konkuk University. Watching an elderly woman dozing on the floor of a crowded hospital ward as she tends to her ailing husband, one cannot help ...