The Korea Times

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The Korea Times 1h

South Korea

Budget carriers turn to cargo, unpaid leave amid deepening earnings slump

Korea's low-cost carriers (LCCs) are ramping up cargo operations and cutting costs to cushion what is expected to be a sharp second-quarter earnings downturn,

The Korea Times 12h

South Korea

Wall Street emerges as tool to draw Korean AI investment to US

SK hynix's Nasdaq listing signals a shift in Washington’s strategy to attract Korean investment. Under the former Joe Biden administration, U.S. industrial

The Korea Times 16h

South Korea

Tight timeline puts southwestern chip cluster plan at risk

As the Korean government pushes to complete a new 800 trillion won ($532 billion) semiconductor cluster in the country's southwestern region and begin

The Korea Times 16h

South Korea

Telecoms step up cybersecurity spending after breaches

Major telecom companies — SK Telecom, KT and LG Uplus — are sharply increasing their cybersecurity investments and strengthening security governance following

The Korea Times 16h

South Korea

[EXPLAINER] How $133 mil. funding dispute between MBK, Meritz pushed Homeplus toward collapse

Once Korea’s second-largest discount store operator, Homeplus decided to temporarily close stores beginning Monday after running out of cash, leaving it

The Korea Times 16h

South Korea

Hyundai Motor workers begin three-day partial strike over pay dispute

The labor union of Hyundai Motor began a three-day partial strike on Monday, raising concerns over production disruptions at Korea's largest automaker.

The Korea Times 16h

South Korea

Who will acquire troubled JoongAng Ilbo?

With JoongAng Ilbo entering a workout following a liquidity crisis, attention is turning to who will acquire one of Korea's leading newspaper publishers,

The Korea Times 16h

South Korea

Citi Korea named best global custodian in Korea for 2nd straight year

Citi Korea has been named the best global custodian in Korea at The Asset Triple A Awards for the second consecutive year, the lender said Monday. The

The Korea Times 19h

South Korea

3 major department stores post record H1 foreign sales amid K-wave

Korea's three major department store chains said Monday they posted record first-half sales from foreign shoppers, driven by the growing popularity of

The Korea Times 19h

South Korea

JobKorea widens lead as Korea's top recruitment platform

JobKorea has widened its lead in Korea's competitive online recruitment market, surpassing 10 million monthly active users in the first half of 2026 as

The Korea Times 19h

South Korea

Google Cloud expands partnership with Samsung to accelerate agentic AI

Google Cloud said Monday it is partnering with Samsung Electronics to roll out its Gemini Enterprise AI platform to employees across Samsung's Device eXperience

The Korea Times 19h

South Korea

SK Telink expands satellite network into highway disaster response

SK Telink is bringing low-Earth orbit satellite communications to Korea's road network for the first time in a bid to fortify the nation's critical infrastructure.

The Korea Times 19h

South Korea

LS Electric, Infineon team up to power AI data center boom

LS Electric said it signed a memorandum of understanding with German semiconductor maker Infineon Technologies on Friday to jointly develop direct current,

The Korea Times 20h

South Korea

Hyundai Rotem acquires NATO quality assurance certificate for 1st time

The state-run defense agency in charge of quality assurance has awarded Hyundai Rotem Co. a certificate for quality management standards required by the

The Korea Times 21h

South Korea

Samsung Taylor fab enters production phase for Tesla's AI5 chip

Samsung Electronics has completed designing its version of Tesla’s AI5 chip for self-driving systems, with production set to begin soon at its foundry

The Korea Times 21h

South Korea

Homeplus temporarily closes outlets starting Monday

Financially troubled discount store chain Homeplus said Monday it has decided to temporarily close its outlets starting Monday due to a lack of operating

The Korea Times 21h

South Korea

AMCHAM launches 'K-Doorknock' to support Korean companies expanding in US

The American Chamber of Commerce in Korea (AMCHAM) has launched "K-Doorknock," a new advocacy program aimed at helping Korean companies strengthen their

The Korea Times yesterday

South Korea

K-beauty shopping diversifies beyond Olive Young

K-beauty shopping is expanding beyond Olive Young, long the dominant retail destination for both domestic consumers and foreign tourists, to a wider range

The Korea Times yesterday

South Korea

KB Financial chief vows to turn 'money move' into opportunities

KB Financial Group Chairman Yang Jong-hee said the current money move could provide an opportunity to strengthen the group's competitiveness in wealth

The Korea Times yesterday

South Korea

POSCO, KB Kookmin Bank make banking easier for partner firms

Steelmaker POSCO has forged a partnership with KB Kookmin Bank to introduce a supply chain finance service for its partner firms, helping improve cash