consumer prices

South Korea’s headline inflation stayed above 3% for two straight months in March on a surge in fruit and vegetable prices coupled with higher...

The fad for licensed casual fashion brands appears to be cooling in South Korea, where American sports clubs, broadcasting networks and documentary ...

LG Electronics Inc. has dominated the top positions in the latest ratings for the best front-load washing machines conducted by Consumer Reports, a ...

NEW YORK -- Global banking giant JPMorgan Chase & Co. has been expanding brick-and-mortar branches across the US with investments of billions of...

Samsung Electronics Co. 's latest flagship AI phone model the Galaxy S24 Ultra has secured the top position in the smartphone evaluation by the US C...

Competition in South Korea’s coffee market is intensifying with the rise of fast-growing local brands such as Mega Coffee and Compose Coffee, ...

South Korea’s top shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) said on Monday it has secured a $1.08 billion con...

Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, have joined hands with the nation's top national research university to...

US Treasury bonds are gaining popularity among retail investors in South Korea amid expectations that the US Federal Reserve will cut interest rates...

LG Innotek Co. faces growing pressure to lessen its reliance on Apple Inc., which accounts for 70% of its sales. The iPhone maker has been reducing ...

South Korea’s major battery materials company EcoPro Co. saw last year’s operating profit halved from the previous year after a steeper-...

LG Electronics Inc. 's washing machines have been selected as the Best High-Efficiency Top-Load Washers by Consumer Reports in the US, according t...

General Motors Chair and Chief Executive Mary Barra will visit South Korea on Wednesday to meet leaders of LG Energy Solution Ltd. and Samsung SDI C...

South Korea’s top steelmaker POSCO Holdings Inc. and its domestic peers are poised to raise product prices further to cut losses amid surging ...

S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., on Friday posted a 58.3% decline in its operating profit last year, weighed by lower re...

Hyundai Motor Co. and its sibling Kia Corp. sold 6,627 units of electric vehicles together in the US last month, 51% more than a year ago as their d...

South Korean convenience store chains are accelerating exports of food products under their private brands as the domestic market competition is int...

The South Korean battery industry is bracing for a grim market this year as Tesla Inc. is seeking every possible means to reduce costs to combat&nbs...

Samsung Electronics Co.'s latest flagship smartphone series, the Galaxy S24, is enjoying strong demand even before hitting the shelves of the compan...

Global private equity firms, which recover their principal investment in South Korea, sell their assets for 2.5 times the purchase price on average,...

Mirae Asset Securities Co. on Monday issued $600 million worth of foreign currency bonds, marking the first foreign bond sale by a South Korean brok...

Under growing pressure from increased imports of cheap Chinese and Japanese steel products, South Korean steelmakers are considering filing an anti-...

Hyundai Motor Group., the No. 2 electric vehicle brand in the US, is offering discounts of up to $7,500 for their EVs in the country — the max...

South Korea on Thursday kicked off a push to nearly double the number of foreign tourists visiting the country this year to 20 million by hosting a ...

The size of the South Korean mobile app market has exceeded 10 trillion won ($761 million).Data.ai, an app market analysis platform, released the 20...

Memory chip prices are poised for a significant jump in the first quarter of 2024, with mobile DRAM spearheading the increase, according to research...

Scrap steel prices in South Korea are poised to bounce back after hitting an annual low in the last month of 2023 amid declining scrap metal invento...

South Korea’s online game developer Nexon Korea Corp. was fined 11.6 billion won ($8.9 million) for allegedly misleading its customers over in...

LG Electronics Inc. 's organic light emitting diode (OLED) evo 65G3 was named as Best TVs Overall in the Consumer Reports' Best TVs of 2024, accordi...

Sportswear giant adidas AG started operating its South Korean affiliate as a separate market from the Asia-Pacific region on Jan. 2 to quickly respo...