Korea reported a third consecutive month of trade surpluses in August.
Exports fell for 11 months straight, but imports plunged further on the fall of...
As Korea shines a spotlight on biopharmaceuticals and healthcare, spending on biomedical research and development (R&D) is about to get a major boost.
The ambitious...
Extreme heat and abnormal climate are slamming global economies, fueling inflation.
Korea’s inflation fell below 3 percent in June and July, but torrential downpour, extreme...
The Korean government created a 2 trillion won ($1.5 billion) investment fund to support startups, including startups with a focus on overseas expansion. Local...
Samsung Heavy Industries' Vasily Dinkov, the world's first bi-directional icebreaking oil tanker, built in 2007
Samsung Heavy Industries is facing a potential contract cancellation...
Shareholder activism has hit HMM, Korea's largest container shipper, as its minority shareholders are vocalizing a desire for the company to be acquired by...
From left, Cho Sang-hyeon, the head of KITA's Institute for International Trade, and Jeong Marn-ki, KITA's executive vice chairman, speak at the press briefing...
