Coupang reports first quarter net profit of $90.9 million
Coupang reported a net profit of $90.9 million for the first quarter, compared with a net loss of $209 million in the same period a year earlier. Since the third quarter of 2022, Coupang has reported a net profit for three consecutive quarters.
Korea's EV investment tax credit going to a maximum 35 percent
Korea, U.S. and Japan exploring expanded intel sharing
The Defense Ministry said Tuesday that South Korea, the United States and Japan are exploring ways to strengthen joint information sharing capabilities regarding North Korean missiles, but that the details of such an arrangement remain undetermined.
Hyundai Motor to invest 2 trillion won in Ulsan EV factory
Hyundai Motor will invest 2 trillion won ($1.5 billion) to build an electric vehicle (EV) factory in Ulsan, its first domestic automotive manufacturing plant in 29 years.
Yoon builds on Japan relations, DP criticizes president's first year
President Yoon Suk Yeol said Tuesday that if Korea and Japan build trust through cooperation and exchanges, while facing the past with sincerity, the two countries could open up a new future that surpasses even past peak bilateral relations.
Prosecutors nab key suspect in stock manipulation case
Prosecutors on Tuesday apprehended advisory firm head Ra Deok-yeon, a key suspect in a stock manipulation case that has recently shaken Korean financial markets.
Korea to lower Covid crisis level as early as this week
Korea plans to lower its national crisis level for Covid-19 as early as this week following the World Health Organization (WHO)’s declaration marking the end of Covid-19 as a global health emergency.
Maritime industry fears foreign purchase of Hyundai LNG
The potential sale of Hyundai LNG Shipping to a foreign company has sparked concerns in Korea's maritime industry due to the potential impact on the nation's energy security.
Government creates public-private collaborative body to boost technological cooperation
The government established a public-private collaborative body with Samsung Electronics and SK hynix to facilitate technological cooperation in advanced semiconductors amid the accelerating chip race worldwide.
Meet the translator who got lost in a 'Whale' of a literary world
Cheon Myeong-kwan’s “Whale” is a sprawling 20th-century epic that follows the lives of three females from the Korean countryside: a mute giant who can only communicate with elephants, her mother with seemingly inexhaustible ambitions and a one...
PSY says his 'Summer Swag' concert is the new Korean culture
If a concept sticks around long enough, it becomes style, and if a style sticks around long enough, it becomes culture — at least that's what PSY believes of his own "Summer Swag" concerts, which have been taking place for over a decade now...
New girl group ADYA has a special pep in its step
Self-producing K-pop stars have been a trend for some time, in terms of idol groups' music and lyrics. But what if the members produced their own choreography? Girl group ADYA debuted on Tuesday with single, “Per,” coming from the agency Starting ...
Todd Anderson tutorial: Splashing it out like Jordan Spieth
In this tutorial, Anderson breaks down Jordan Spieth’s 18th hole bunker shot during a playoff at the 2022 RBC Heritage where he defeated Patrick Cantlay with a superb par save.
Landers retake first as heavy rain disrupts most games
The SSG Landers rode the rain right back into first place over the weekend, reclaiming the top spot as inclement weather left the majority of the KBO facing serious disruption from as early as Thursday.