Korea Joongang Daily
Korea JoongAng Daily

Trump to meet oil companies at White House about Venezuela

U.S. President Donald Trump will meet with oil company executives at the White House late this week to discuss ways to revive Venezuela's tattered oil sector, according to three sources familiar with the matter.

2026-01-07

Film industry mourns loss of actor Ahn Sung-ki

Korea's film community on Monday mourned veteran actor Ahn Sung-ki, a towering figure in Korean cinema whose career spanned more than six decades.

2026-01-05

Corporate earnings to improve, industry discrepancies to widen in 2026

Earnings of major Korean companies are expected to improve this year, but discrepancies between industries are likely to widen, a local credit rating firm said on Monday.

2026-01-05

Industrial output expands in November, retail sales post sharpest fall in 21 months

Korea's industrial output grew from a month earlier in November, driven by robust semiconductor production, while retail sales fell at their fastest pace in 21 months, government data showed Tuesday.

2025-12-30

Webtoon industry revenue tops $1.4 billion for second straight year

Korea's webtoon industry continued its strong growth momentum in 2024, with total annual revenue exceeding 2 trillion won ($1.397 billion) for the second consecutive year, government data showed Monday.

2025-12-29

Gov't unveils road map to boost competitiveness of chemical industry

The government on Tuesday unveiled a road map to promote technological innovation of the local chemical industry centered around transitioning to high-value and eco-friendly products, the industry ministry said.

2025-12-23

Petrochemical firms to cut several million tons of NCC capacity through restructuring

Local petrochemical companies plan to voluntarily reduce the combined capacity of their naphtha cracking centers by up to 3.7 million tons under restructuring measures partly aimed at tackling an industrywide crisis stemming from global oversupply

2025-12-22

Gov't to seek development of LNG cargo tanks to reduce foreign dependency

Korea has launched a public-private working group to push for the development of proprietary liquefied natural gas (LNG) cargo tanks to lessen dependence on foreign technologies, the Ministry of Trade, Industry and Energy said Monday.

2025-12-22

Trade minister voices concern to Canadian counterpart over Ottawa's new steel import policy

Korea's trade minister has expressed concern over Ottawa's plan to implement stronger safeguard measures for its steel industry, warning the decision could adversely affect businesses in both countries, Seoul's ministry said on Sunday.

2025-12-21

Science Minister Bae Kyung-hoon vows AI innovation to support economic growth

Science Minister Bae Kyung-hoon on Thursday pledged to promote AI-led innovation across key industries to support the country's economic growth.

2025-12-18