SEOUL, Kangwon Land Inc. on Wednesday reported its first-quarter net profit of 92.9 billion won (US$68.1 million), down 8.5 percent from a year earlier.

Operating income for the January-March period was 75.9 billion won,

SEOUL, Protracted walkouts by trainee doctors are feared to cause a shortage of fellow doctors next year as their labor action against the government’s medical reform has dragged on for nearly three months, according

SEOUL, KT Corp., a major South Korean mobile carrier, said Wednesday it has joined hands with Finnish telecommunications firm Nokia for sixth-generation (6G) communications network research.

The two companies signed a memorandum of understanding

SEOUL, South Korea’s state procurement agency on Wednesday hinted at accepting Indonesia’s proposal to reduce its cost sharing for the KF-21 fighter jet program under the condition of providing fewer technology transfers, a move

SEOUL, The government will invest 61.6 billion won (US$45.1 million) this year to help improve the living quality on five front-line islands in the Yellow Sea near North Korea, including the construction of an