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Exports Keep Slowing
Exports continue to slow in March, raising alarm bells for Korea's chief source of economic...
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Kia Unveils Facelifted Version of Niro SUV
Kia unveiled the revamped version of its eco-friendly Niro SUV in Seoul on Thursday. The...
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Seoul Motor Show to Focus on Connected Mobility
The biennial Seoul Motor Show will take place under the theme of "Sustainable Connected Mobility"...
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Jeju to Revoke License for Korea's 1st For-Profit Hospital
The Jeju provincial government is bent on revoking a controversial license to build Korea's first...
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European Firms Say Doing Business Korea Got Worse
European companies say business conditions in Korea have grown significantly worse. The European Chamber of...
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Record Numbers Embrace Overseas Online Shopping
Koreans bought nearly US$3 billion worth of products on international e-commerce websites for the first...
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Income Disparity Widens to Record Level
The gap between rich and poor grew even further in the fourth quarter last year...
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Samsung's 5G Foldable Phone to Go on Sale in Korea in May
Samsung plans to roll out the world's first foldable 5G smartphone in Korea around the...
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Gov't Meddles in Property Value Assessment
The government pressured appraisers to hike their valuation of prime property for tax purposes, sources...
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China Overtakes Korea in LCD TV Sales
China overtook Korea for the first time in terms of global LCD TV sales last...
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Renault Issues Stern Warning to Striking Workers in Korea
The head of manufacturing at French automaker Renault issued a stern warning last Friday to...
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Netflix Users in Korea Surpass 1 Million
U.S. video-streaming provider Netflix has attracted more than a million users in Korea on their...
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Mercedes-Benz to Launch Fleet of Eco Cars in Korea
Mercedes-Benz will release a range of new eco cars in the Korean market this year,...
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Korea Gets Middling Score for Innovation
Korea earned a middling score for innovation in rankings by the organizers of the world's...
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Korea Suffers Lawyer Glut
Demand for lawyers is falling and recent graduates often struggle to find jobs as law...
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Nissan Launches New Compact SUV in Korea
Nissan launched its X-Trail SUV in Korea on Wednesday.The compact crossover SUV boasts a roomy...
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Korea's Mainstay Exports Dwindle
Ten out of 13 main exports decreased last month compared to a year earlier, with...
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Korea Fines BMW $9.9 Million Over Faulty Engines, Delayed Recalls
Korea said Monday it will fine BMW US$9.9 million and will file a criminal complaint...
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Lotte's Flagship Duty-Free Shop Reaches World-Beating Sales
Lotte's flagship duty-free shop in Sogong-dong, downtown Seoul is expected to achieve sales of more...
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Over 2 Million Workers Are Members of Unions
The number of members of labor union exceeded 2 million for the first time ever...
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US, S Korea can't agree on splitting the bill after Trump's criticism
The United States and South Korea have failed to agree on a bigger South Korean...
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Chinese Censors Deal Blow to Korean Game Developers
The Chinese government has dealt a blow to struggling Korean game developers by tightening a...
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Renault Samsung to Produce Small Electric Vehicle in Busan
Renault Samsung will begin producing the Twizy, a small two-seater electric car, in Busan next...
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Korean Game Industry Runs out of Steam
Korea's video game industry is losing steam as competition from overseas heats up.Though the sector...
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Korea in Biggest Construction Slump Since Asian Crisis
Korea is suffering the biggest building slump since the 1997 Asian financial crisis.According to the...