key importers

Soaring highballs propelled whisky consumption to record heights in South Korea last year, while pandemic-driven interest in wine waned significantl...

Samsung Electronics Co., the world’s No. 2 smartphone maker, said its latest flagship smartphone Galaxy S24 series enjoyed record pre-orders i...

South Korea plans to dole out harsher punishments for industrial espionage, with a proposal to triple the penalty for an overseas leak of national t...

BMW has overtaken Mercedes-Benz in the South Korean market, regaining the top spot in the foreign automobile sales segment for the first time in eig...

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 system securities provider S-1 Corp. has forecasted a significant rise in the demand for AI-powered security solutions this year, pr...

Mirae Asset Group founder and Chairman Park Hyeon-joo will donate a 25% stake in Mirae Asset Consulting Co., the firm at the top of the financial se...

Hyundai Motor Co.'s Grandeur mid-to-large-sized sedan is poised to reclaim its crown as the best-selling Korean car in the domestic passenger car se...

POSCO Holdings Inc., said on Thursday it has developed a key material used for recovering lithium from ore and saltwater jointly with WSK, a South K...

The whiskey hype, which started during the COVID-19 pandemic, shows no sign of receding in South Korea, and the latest craze, mainly driven by affor...

LG Electronics Inc. announced on Thursday that it became the ninth member of the governing body of the Scalable Open Architecture for Embedded Edge ...

China has halted customs clearance on its exports of urea, a substance used to reduce carbon emissions in diesel vehicles, raising the prospect of a...

As central banks fight with post-COVID inflation, the repricing of global interest rates continues to add to global market volatility across both bo...

Celltrion Healthcare Co. announced on Thursday that its autoimmune disease treatment Zymfentra (the US product name for Remsima SC) is set to be lau...

DAEGU, South Korea – L&F Co., South Korea’s major cathode supplier seeking to transform into a comprehensive battery materials produ...

Competition to acquire HMM Co., the top container line in South Korea, is intensifying as the bidders are offering almost the same prices for the de...

CJ Darcl Logistics, CJ Logistics Corp.'s Indian operation, is seeking to go public in the South Asian country to expand its footprint in the world&r...

SK Pharmteco Co., South Korean conglomerate SK Group’s contract development and manufacturing organization (CDMO), has recently introduced two...

South Korea's aerospace companies will collaborate to secure launch vehicle technology for small satellites weighing less than 500kg.  The Sou...

When a former Samsung Electronics Co. executive was arrested on industrial espionage charges by South Korea’s National Intelligence Service (N...

Hyundai Motor Group plans to build a flying electric taxi plant in the US as the South Korean automotive group aims to bring flying cars to the mark...

Imported passenger cars are expected to see their first retreat in four years in South Korea on the growing popularity of domestic luxury models suc...

SEONGNAM, South Korea -- Chemtronics Co. Ltd., a South Korean chemical materials maker, appears to have removed a key hurdle to expanding the domest...

Kia Corp. unveils the new K5, a facelift model of its signature midsize sedan K5. This car is the revamped of third-generation K5, launched in 2019....

South Korean pharmaceutical company Medytox Inc. on Tuesday announced its plan to enter the Chinese market for botulinum toxins (BTX) with its cut...

Mirae Asset Financial Group, South Korea’s leading financial conglomerate, on Monday promoted Swarup Mohanty, the head of its Indian asset man...

South Korean electric vehicle battery and battery component makers are fretting over the Chinese government’s impending restrictions on export...

Global sports brand Lululemon Athletica Inc. opened its first logistics center in South Korea. It's located in Icheon, Gyeonggi Province. This ...

KT Corp., South Korea’s top telecom operator, has bucked the trend in the internet TV market, where over-the-top players such as Netflix Inc. ...

South Korea's DuChemBio Co. announced on Thursday that it has obtained final approval for a recovery and purification facility for oxygen-18 concent...