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Apple Cuts iPhone Prices, But Not in KoreaApple has slashed the price of its latest iPhone, but not in Korea.According to Apple's...
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Korea Postpones Lunar Exploration Project AgainKorea has postponed a lunar exploration rocket launch once again. The Ministry of Science and...
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GM Korea Workers Down Tools Despite W8 Trillion BailoutUnionized workers at GM Korea have downed tools despite a massive bailout only a year...
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Probe Finds Volkswagen Guilty of Another Emission ScamVolkswagen was found guilty on Tuesday for cheating on diesel emissions after a lengthy government...
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Korea Signs Free-Trade Deal with IsraelKorea on Wednesday signed a free trade agreement with Israel.According to the Ministry of Trade,...
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Instant Meals Take OverThe market for so-called home meal replacements is heating up in Korea as more and...
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KOSPI Keeps Sliding But Kosdaq RalliesThe Korea Composite Stock Price Index fell for a sixth straight session on Wednesday on...
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Airlines Scrap Flights to Japan as Bookings DwindleBudget airlines and even flag carrier Korean Air are cutting down flights to Japan amid...
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Corporate Profits Decline for 1st Time in 13 YearsKorean businesses' net profits plunged more than five percent last year, the first drop since...
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Korea to Produce Oil in UAE Until 2042Korean companies have opened up an oil field in the UAE and senior officials from...
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Shorter Working Week Fails to Stimulate Job GrowthThe shortening of Korea's notoriously grueling working hours has eased the lives of some securely...
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Double-Income Families IncreaseThe number of double-income families in Korea increased four percent last year as many older...
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Semiconductors Accounted for Half of Korea's Growth Last YearKorea's economy grew only around one percent last year if semiconductor exports are excluded, according...
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Samsung to Boost AI DevelopmentSamsung on Tuesday unveiled plans to boost spending on artificial intelligence development as part of...
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Korean Telecoms Bought Billions Worth of Huawei EquipmentKorea's three major telecoms SK Telecom, KT and LG Uplus have all bought large amounts...
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Koreans Snap up Dollars Despite Spiking RateKorean individuals and businesses bought trillions of won worth of U.S. dollars last month due...
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Big Businesses' Labor Costs Soar Despite Tepid HiringThe labor costs of Korea's top 1,000 listed companies surged dramatically last year even though...
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Pharma Firm Loses License for Gene Therapy DrugPharma firm Kolon Life Sciences on Tuesday lost its license for an osteoarthritis gene therapy...
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GM Korea Breaks Ground for New Paint ShopGM Korea on Monday broke ground on a new paint shop in Changwon, South Gyeongsang...
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OECD Slashes Korea's Growth Forecast AgainThe OECD on Tuesday slashed Korea's economic growth forecast for this year by another 0.2...
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Korea to Be Finally Clear of Currency-Manipulator WatchlistKorea is expected finally to be removed from a U.S. watchlist of currency-manipulating countries, Bloomberg...
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Two Koreas mark Moon-Kim summit anniversary with different tonesNorth and South Korea Saturday struck different notes as they marked the first anniversary of...
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LG to Stop Making Smartphones in KoreaLG is about to close its smartphone factory in Korea after four years of losses...
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Korea's Wage Gap Much Bigger Than Japan'sThe wage gap between big and small businesses is much wider in Korea than in...
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EU Pressures Korea to Ratify Int'l Labor StandardsThe EU on Tuesday warned Korea of legal measures if it continues to drag its...