Car of the Year 2023

Come next year, Kakao Brain, the artificial intelligence arm Kakao Corp., is slated to unveil an AI system that can write the first draft diagnosis ...

Lotte Rental said on Tuesday that it was granted the "$30 Million Tower" Export  Award at the "59th Korea Trade Day" award ceremony, thanks to ...

South Korea’s Hyundai Motor Group sold more than 100,000 units of electric vehicles (EVs) that adopted Hyundai Motor’s E-GMP, or Electri...

Exports of kimchi to the United States increased steadily to reach a record high of $26.7 million worth of the fermented dish between January and No...

POSCO Chemical Co., a unit of South Korean steel giant POSCO Holdings Inc., said on Dec. 5 that it has signed a $688.6 million deal to provide a key...

SK Gas said on Monday that its liquefied petroleum gas (LPG) import terminal in Pyeongtaek had achieved a record of no accidents for 28 consecutive ...

Korea's largest auto parts supplier Hyundai Mobis will take part in CES 2023, the world's largest info tech exhibition, to showcase cutting-edge t...

Korea's leading food processing company CJ CheilJedang said on Monday that it has launched Bibigo sliced kimchi for export in Europe, which can be s...

LS Mtron, the industrial machinery and core component arm of Korea's LS Group, on Monday said it concluded a contract worth 500 billion won ($387.4 ...

As domestic budget carriers begin opening or resuming flights to Taipei, the skyways between Korea and Taiwan have widened further.Jeju Air announce...

SK Telecom, a leading South Korean 5G services provider, announced on Sunday that it won two global awards: Global Telecom Awards 2022 and Leading L...

Rising gloom over the business environment due to a financial market crunch and weak Korean won has led to nearly half of Korea's firms having no pl...

Korea's exports of agricultural and food products in the first 11 months of this year hit a record high.The Ministry of Agriculture, Food and Rural ...

South Kora’s top automaker Hyundai Motor Group enjoyed strong demand in the US last month as the improving automotive chip supply situation bo...

DAEWOONG PHARMACEUTICAL has received domestic approval for its diabetes drug Envlo with the active ingredient enavogliflozin, the second straight ye...

The average household debt in South Korea has exceeded 90 million won ($69,284). While the figure appears to be high by Korean standards, average ho...

Hyundai Heavy Industries Group will participate in CES 2023, the world's largest information technology trade show, to showcase its maritime strateg...

South Korea’s exports reported a decline for a second straight month in November on sluggish semiconductor sales, darkening the outlook for As...

South Korean startup Yeolmae and Company, which operates ArtnGuide, has recently emerged as a significant player in the art market.ArtnGuide is an o...

Hyundai Motor Group said on Thursday that it won awards in two categories, "Instant Icon of the Year" and "Manufacturer of the Year," at the 2022 To...

South Korea’s leading bottled mineral water brand Jeju Samdasoo has begun exports to India, shipping 45 tons of the water there from the resor...

As whisky became more popular in Korea, the amount of whisky imported for 10 months until October this year increased about 62% compared to the same...

National Pension Service (NPS) of South Korea said Tuesday it saw a cumulative loss of 7.1% on investment, or 68 trillion won ($51.3 billion), betwe...

Overseas card spending by residents in South Korea rose to a nearly three-year high in the third quarter as international travel surged with countri...

Celltrion Inc. said it has confirmed the effectiveness and safety of Remsima SC in its third-phase global clinical trials, conducted on 438 patients...

SK picglobal, a joint venture between SKC's chemical division and a subsidiary of the Kuwait Petroleum Corporation (KPC) named PIC, have built a pla...

Sandbox Network, Inc. announced on Sunday that it will go through corporate restructuring and encourage employees to voluntarily resign, hit by cont...

Kia Corp. has sold its 15 million units on the domestic market since releasing its first vehicle six decades ago in 1962.The company on Monday said ...

Samsung Engineering Co., the construction unit of South Korea’s top conglomerate Samsung Group, said on Thursday it has won three Project of t...

South Korea plans to revise its stock dividend policy as part of a broader financial market reform to help attract foreign investors and obtain MSCI...