Retail sales fell 2.2 percent in 2024 amid the prolonged economic downturn in the postpandemic years of rapid monetary tightening and high borrowing costs, which hit consumer sentiment hard ...
The volume of damaged banknotes found in Korea inched down in 2024 from a year earlier to 474.89 million bills, the central bank said Monday. The volume marks a 1.9 percent decline from the ...
The Korea Heritage Service (KHS) is launching an evaluation to determine whether nine cultural practices rooted in traditional Korean skills and knowledge, such as blacksmithing and dried seaweed ...
Bakery giant SPC will build a large-scale manufacturing plant in Texas, with construction set to begin this summer and completion expected in 2027, the Korean food conglomerate said Monday.
“Hitman 2” claimed the top spot during a decisive Lunar New Year holiday box office battle, proving lead actor Kwon Sang-woo to be a crowd-pleaser with his performance combining action and ...
Former Boeing Japan President Will Shaffer has been transferred to Seoul from Tokyo to oversee the U.S. aircraft manufacturer's Korean operations. Boeing said on Monday that the new Boeing Korea ...