wage level

South Korea’s headline inflation eased in August for the first time in seven months on a slower rise in oil prices, but the central bank is st...

South Korea’s top automaker Hyundai Motor Co. has narrowed its technology gap in Level 3 self-driving vehicles with Tesla Inc. to one year, mo...

South Korea is planning to set up a new subsidy policy for electric vehicle purchases, which will be commensurate to the EV makers’ after-sale...

South Korea’s won has hit the weakest level since the 2008-09 global financial crisis on a mounting trade deficit while growing concerns over ...

TOKYO – South Korea’s minimum wage per hour is poised to exceed Japan’s for the first time as early as this October.A subcommittee...

South Korea’s Hyundai Motor Group will launch its most-advanced Level 3 autonomous cars next year, starting with Hyundai Motor Co.'s flagship ...

Aptiv PLC, one of the world’s big three autonomous driving technology companies, has agreed to invest 50 billion won ($39 million) in StradVis...

South Korea’s won hit a 13-year low, weakening past the psychologically important 1,300 per US dollar level for the first time since the 2008-...

Foreign investors’ stockholdings in South Korea have plunged to their lowest level in nearly 13 years, dealing a heavy blow to the domestic st...

South Korea’s unionized truck drivers have decided to end their eight-day strike after the government agreed to extend minimum wage guarantees...

Army of BTS, Blink of Blackpink and other global fan clubs of the world’s K-pop stars are strengthening the fan engagement platform business o...

Foreign investors’ holding rate in South Korea’s main bourse Kospi has plunged to the lowest level since 2010. The investors have dispos...

South Korean biotech and pharmaceutical companies are expanding their footholds in the global space medicine market. Boryung, formerly Boryung Pharm...

Ahn Joonghyun, who led Samsung Electronics Co.'s high-profile M&A deals for nearly nine years, was promoted to a president-level position to hea...

Major South Korean companies such as Samsung Electronics Co. and Hyundai Motor Co. have accumulated more cash than ever before amid growing uncertai...

Global airlines are increasing flights to pre-pandemic levels as countries worldwide are opening up their borders to support the tourism sector, ram...

Conservative candidate Yoon Suk-yeol was elected South Korea's next president on Wednesday, narrowly beating liberal contender Lee Jae-myung from th...

The Hyundai Motor Group once again received more safety awards than any of its counterparts from the Insurance Institute for Highway Safety (IIHS)...

LG Corp. announced on Sunday that the group has recruited former White House deputy chief of staff Joe Hagin for its Washington D.C. office. Ha...

Visiting a car dealer’s stylish showroom to touch, feel and sometimes test drive a car before purchase has for decades been a rite of passage ...

Samsung Electronics Co. has unveiled a new premium mobile processor, the Exynos 2200, which the world’s top memory chipmaker said offers a con...

South Korea’s central bank on Friday raised interest rates back to a pre-pandemic level, signaling further hikes to curb rising inflationary p...

LG Household & Health Care Ltd.’s shares have been flying high since its market debut in 2001, and have more recently basked in the global...

Hyundai Motor Co., South Korea’s top automaker, aims to roll out mass-produced hands-free Level 3 self-driving cars, starting with the flagshi...

South Korea's CJ Group promoted the group chairman's son Lee Sun-ho to a new executive-level position Monday, paving the way for a third-generatio...

Rechargeable battery shares in Korea are continuing their slide, hit by global supply shortages. In addition to the companies that produce completed b...

South Korea’s wage growth in the third quarter hit its highest point in three and half years, adding to inflationary pressure in Asia’s ...

South Korea’s top automaker Hyundai Motor Co. will launch a pilot service of its first autonomous robotaxi based on its electric SUV, the IONI...

“The South Korean stock markets have barely risen since early this year, while the markets in Japan and Taiwan are hitting highs. I believe Ko...

The rising demand for high-end vehicles, despite dwindling production caused by semiconductor shortages, are driving new vehicle prices to record hi...