Korea wage hikes strike

South Korea’s poultry processing company Harim Group is set to sell off all its Hanjin KAL Co. shares its affiliate owns to secure capital for...

SK Group, South Korea’s energy-to-semiconductor conglomerate, is set to invest in a local renewable energy ingredient provider for stable proc...

One hundred new South Korean startups at the vanguard of development of innovative AI technology will be unveiled later this month, according to The...

South Korea will postpone implementation of environmental, social and governance (ESG) disclosure rules for the country’s listed firms from 20...

South Korea’s dreadfully low birthrate — the world’s lowest — is not just a concern for politicians or government officials....

LG Uplus Corp., South Korea’s No. 3 mobile carrier, is poised to launch a platform service that will digitally transform the local logistics s...

South Korea’s three major battery makers — LG Energy Solution Ltd., SK On Co. and Samsung SDI Co. — recently came under renewed pr...

South Korean game developers have teamed up with Hello Kitty and other fictional characters of Japanese entertainment company Sanrio Co. to lure mor...

South Korea’s Samsung Display and LG Display Co. are locked in a fierce war for supremacy in manufacturing OLED panels for monitors amid boomi...

South Korea's Financial Supervisory Service (FSS) will fine the Hongkong and Shanghai Banking Corporation Ltd. (HSBC) and Bank BNP Paribas the large...

South Korea is welcoming a growing number of Chinese tourists since China lifted a ban on group tours to its neighboring country on Aug. 10 after mo...

The Korea Fair Trade Commission (FTC) has begun an investigation process for alleged intra-group transactions between GS Caltex Corp., the country&r...

Kia Corp., South Korea’s second-largest automaker, plans to build another purpose-built vehicle (PBV) factory in the country, despite the risk...

Fast food chain KFC said on Friday it will begin franchise store operations in South Korea next year, when the company will mark 40 years of busines...

After the COVID-19 crisis, it has been revealed that counterfeit goods smuggling is on the rise once again. According to data submitted by the Korea...

  LG Uplus Corp., the perennial No. 3 mobile carrier in South Korea, is fast catching up to its closest rival KT Corp. to rank second just beh...

South Korean chemical material company SKC Ltd. is selling its unit for raw materials of polyurethane (PU), a chemical substance.The company’s...

South Korea's DuChemBio Co. announced on Thursday that it has obtained final approval for a recovery and purification facility for oxygen-18 concent...

South Korea’s household debt continued to rise for the sixth consecutive month in September despite stricter regulations on mortgages, while b...

Amazon Web Services Inc. (AWS), the world's largest cloud platform provider, said on Wednesday it will nearly triple its investment in South Korea t...

HD Korea Shipbuilding & Offshore Engineering (KSOE) announced on Wednesday that it plans to invest 45 million euros ($47.7 million) in the Europ...

South Korea’s No. 2 automotive parts supplier Hyundai Wia Corp. announced its participation in the country's largest robotics industry exhibit...

South Korean food tech startup Gopizza, known for its single-serving pizza prepared by robots, on Tuesday said it will open a branch on Nov. 1 at Si...

South Korea’s petrochemical and steel companies, which mainly engage in business-to-business transactions, are opening or running a string o...

Hyundai Motor Co. plans to ramp up the production of its compact sport utility vehicle Exter in India to capitalize on the void in the entry-level S...

The South Korean won suffered its wildest fluctuation against the dollar this year since 2010, shrugging off heavy dollar-selling intervention by lo...

Apple Inc. and Alphabet Inc.’s Google may be fined up to 68 billion won ($50.4 million) in South Korea for breaking the country’s in-app...

Microsoft Corp. and a South Korean artificial intelligence portal startup Wrtn Technologies Inc. joined hands for the generative AI service based on...

German carmaker BMW Group on Thursday premiered its latest 5 Series premium sedan in South Korea, an indication of the growing importance of the Asi...

Major South Korean companies’ spending on research and development lags investments made by their global competitors due to lower government t...