SEOUL, South Korea’s household credit fell in the first quarter on high borrowing costs and a slump in the real estate market, the central bank data showed Tuesday.

Outstanding household credit reached 1,882.8 trillion

SEOUL, May 20 (Yonhap) — A Seoul court ordered the state to pay HDC Hyundai Development Co. around 9 billion won (US$6.6 million) in compensation for selling a plot of land used as a

SEOUL, The tripartite commission of labor, management and the public launched the process Tuesday to determine next year’s minimum wage, with the nation focused on whether it will exceed 10,000 won (US$7.35) per hour

SEOUL, Samsung Electronics Co. announced Tuesday it has appointed Jun Young-hyun as the new head of its semiconductor business in an apparent move to strengthen its market competitiveness.

Kyung Kye-hyun, who previously led the

The Yoon Suk Yeol administration’s embarrassing backtracking of its hastily formulated policy plan to block consumers from directly buying cross-border items — mostly from China — has sparked a wave of criticism, raising questions