Korea wage hikes strike

The South Korean government said on Friday that it would grant the hiring of foreign workers in hotels and resorts from next year.The hotel and reso...

South Korea plans to develop short-range, air-to-air missiles to be mounted on the Korean fighter KF-21 with homegrown technology by 2035 in a 591.9...

The state-run Korea Development Bank (KDB) announced on Friday that it has established the KDB-Quantum Mobility Value Chain Open Innovation Fund wor...

South Korea’s consumer prices rose 3.6% this year, driven by the biggest jump in utility bills since 2010 and high inflation in agricultural p...

South Korea has struck a free trade agreement with the Gulf Cooperation Council (GCC), a group of six Arab nations, paving the way for Seoul to stre...

The number of foreign tourists visiting South Korea will exceed 10 million this year, according to the Korea Tourism Organization (KTO). Accordi...

South Korean government will raise the duty-free limit of perfume from 60 ml to 100 ml in January 2024. The Ministry of Economy and Finance announce...

Korea Aerospace Industries Ltd. (KAI), the sole military aircraft manufacturer in the country, announced on Wednesday that it has signed a contract ...

POSCO Holdings Inc. will build a highly purified rare gas-producing joint venture in South Korea with Zhongtai Cryogenic Technology Corp. from China...

Encarsales.com Ltd., a South Korean used-car trading platform, will withdraw its initial public offering plan as early as this week due to deteriora...

SEOUL—Food prices have risen so much that Kim Soo-yeon has developed a suspicious new habit at the grocery store. She has taken to shaking bag...

South Korea’s telecommunications companies, besieged by the onslaught of foreign over-the-top (OTT) players such as Netflix and YouTube, are g...

South Korea’s financial regulator has slapped a combined 26.52 billion won ($20.4 million) in fines on BNP Paribas SA, its Korean brokerage un...

LegoChem Biosciences Inc. has signed a blockbuster $1.7 billion deal to license out its proprietary antibody drug conjugate (ADC) candidate to Jasse...

ESR KendallSquare REIT, overseeing 18 advanced logistics centers across South Korea, adeptly handled challenges in the real estate sector this year....

South Korean investment firm Glenwood Private Equity Co. is solidifying its leading position with a carve-out strategy in the domestic market, execu...

E-Mart24 Inc., one of South Korea’s leading convenience store chains, will make a foray into Cambodia to gain ground in one of Southeast Asia&...

The Hyundai Seoul, South Korea's largest department store in Yoido, on December 21 opened a Louis Vuitton women's store, marking a significant addit...

South Korea’s fashion company LF Corp. announced on Thursday that it opened its ninth store in Vietnam at Trang Tien Plaza in Hanoi.Trang Tien...

Winia Co., South Korea’s troubled kimchi refrigerator manufacturer under court receivership, is looking for a new owner to save the company fr...

South Korea's seaweed (Gim) exports hit 1 trillion won ($770 million) in this year, the Ministry of Oceans and Fisheries announced on Wednesday. I...

Campbell Lutyens & Co. Ltd., a UK private equity advisory firm, has tapped sovereign wealth fund Korea Investment Corporation (KIC) former PE he...

A 170-square-meter plot of land in Myeong-dong, central Seoul, where South Korean beauty brand Nature Republic’s flagship store is located, ha...

Swiss watchmaker TAG Heuer S.A. is set to launch direct operations in South Korea, the world’s seventh-largest luxury market in terms of sales...

South Korea’s first institutionalized fractional investing in a work of art proffered by Yeolmae Company, operator of South Korea’s frac...

South Korea’s leading poultry processor Harim Group is set to acquire the country’s No. 1 sea flag carrier HMM Co. for about 6.4 trillio...

SK E&S Co., an energy unit of South Korean conglomerate SK Group, will cooperate with domestic firms to strengthen the country’s liquid hy...

The number of foreign employees in South Korea reached an all-time high this year, with the Vietnamese leading the pack, amid rising minimum wages a...

South Korea’s Shinsegae I&C Inc. announced on Monday that its electric vehicle (EV) charging service Spharos EV will introduce a total o...

South Korea's leading online portal Naver Corp. and the state-run National Health Insurance Service (NHIS) will collaborate to leverage advanced art...