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The government on Friday pressured the local oil and gas industry to further cut petroleum prices as it pushes to pass on the benefit of tumbling global oil …

Hotel Shilla CEO Lee Boo-jin, the eldest daughter in the Samsung Group owner family, has been named an outside director of China’s largest state-run …

A senior presidential aide offered to resign Friday in defiance of Presidential Chief of Staff Kim Ki-choon’s order for him to testify before the parliament …

It is encouraging that foreign direct investment in the country has continued to increase. New FDI that was pledged to or arrived in Korea last year rose by …

PARIS (AP) ― Police hunted Thursday for two heavily armed men, one with possible links to al-Qaida, in the methodical killing of 12 people at a satirical …

- The euro slid in Asia Thursday as falling prices in the eurozone boosted the prospect of European Central Bank (ECB) stimulus, while the Fed appears on track …

Local banks have been closing down their automated teller machines (ATMs), pulling out of the high-cost service to transfer resources to more promising mobile …

The prosecution said Wednesday that Korean Air heiress Cho Hyun-ah was suspected of having interfered with a government investigation into an incident she was …

The recent plunge in global oil prices will have a positive impact on the local economy and help boost South Korea’s exports, the finance minister said …

As low inflation and growth pummeled profit, South Korea’s finance industry has shed the largest number of jobs in five years, a statistics agency said …