The head of the country’s financial regulator insisted Tuesday that a debt workout program requires support for more than just debt payment, as creditors call for ailing builder Taeyoung to present more self-rescue measures

The opposition-led National Assembly on Tuesday passed a special bill on the launch of a committee to reopen an investigation into a deadly 2022 crowd crush in Seoul’s Itaewon district.

The bill, approved at

South Korean stocks opened higher Tuesday, tracking overnight gains on Wall Street.

The benchmark Korea Composite Stock Price Index added 18.64 points, or 0.73 percent, to 2,586.46 in the first 15 minutes of trading.

South Korea reaffirmed its position to China via diplomatic channels after Beijing reacted against a joint statement by South Korea, the United States and Japan on the South China Sea, a foreign ministry official

Samsung Electronics Co., the world’s largest memory chip maker, predicted Tuesday that its fourth-quarter operating profit may decline 35 percent from a year earlier, in signs that weak demand for its mainstay semiconductor was