The Korea Times

KOSPI, which briefly fell to the 7,400 range on foreign investors’ selloff on Wednesday, reversed course to close at another record high above the 7,800 mark on strong buying from retail and institutional investors. The country's benchmark index opened at 7,513.65, down 1.69 percent, or 129.50 points, from the previous session. Losses deepened in early trading, pushing the index...

Kumho Petrochemical Group donated 30 million won ($20,000) on Wednesday to the nonprofit KJ Choi Foundation to support students pursuing science and engineering degrees, underscoring its commitment to nurturing next-generation technical talent. The scholarships will be awarded as part of the foundation’s initiative to support the next generation of talent. A total of five underg...

Foreign residents living in Korea are rapidly becoming a powerful new force in the country’s tourism economy, with many traveling frequently across the nation and encouraging friends and relatives abroad to visit. The Ministry of Culture, Sports and Tourism and the Korea Tourism Organization said Wednesday that a new survey of foreign residents found that nearly 7 in 10 responde...

Korean stocks rebounded by more than 2 percent to settle above the 7,800-point mark Wednesday as investors scooped up semiconductor and auto shares amid lingering Middle East tensions ahead of the U.S.-China summit. The local currency declined against the U.S. dollar. Opening 1.69 percent lower, the benchmark Korea Composite Stock Price Index reversed course to close at 7,844.01...

SBS’ new drama "My Royal Nemesis" centers on Kang Dan-sim, a Joseon-era "villainess" executed by poison who wakes up 300 years later in the body of a struggling actress, Shin Seo-ri. While the premise risked being dismissed as just another derivative time-slip trope, the series has instead debuted as a bold and cheeky romantic comedy. Actress Lim Ji-yeon’s performance is the sho...