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South Korea’s inflation moderated to the government’s target of 2.0% in August, its slowest increase in three years and five months, put...

South Korea’s exports expanded for an 11th straight month in August on solid demand for semiconductors, smartphones and other goods overseas.E...

HD Hyundai Electric Co., a South Korean electric power distribution equipment manufacturer, will spend 120 billion won ($89 million) to build its th...

Goldman Sachs is set to sell its stake in South Korea’s leading food ingredient wholesaler in an estimated 120 billion won ($89.4 million) dea...

Before COVID-19 swept the world, South Korea’s top two travel retailers Lotte Duty Free and Shilla Duty Free Shop ascended to the world’...

Dried seaweed prices are rising at a fast pace despite handsome growth in production, leaving South Koreans puzzled over what is behind the steep pr...

Everland, South Korea’s largest theme park, is set to lure horror movie fans at home and abroad with famous fright series such as “Stran...

Akio Toyoda, chairman of Japan’s top automaker Toyota Motor Corp., will fly to Seoul in late October to meet with Hyundai Motor Group Chairman...

Hyundai Motor Co. has unseated construction truck leader Volvo in South Korea for the first time, driven by its flagship Xcient Pro model that sent ...

LS Electric Co. plunged more than 9% on Monday, the first day of its inclusion in the Morgan Stanley Capital International (MSCI) Korea Index.On the...

South Korea's HD Hyundai Co. established the HD Hyundai Hope Foundation (tentative name) to support the families of victims of major industrial acci...

South Korea’s second-largest automaker Kia Corp. said on Monday that it released The 2025 Sorento, an updated version of its best-selling mid-...

South Korea’s instant noodle giant Nongshim Co. will build a local plant dedicated to producing ramen — or ramyun, as the company spells...

South Korea’s airlines are set to use fuel mixed with sustainable aviation fuel (SAF) for international routes, starting from services to Japa...

National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, posted a 9.71% investment return for the first half of ...

The Korean Ministry of SMEs and Startups said on Friday that the "2024 Korea Shopping Festa with Lotte" export consultation event, held in collabo...

South Korea's HD Hyundai Electric Co. said in a regulatory filing on Friday that it signed a 66.2 billion won ($49.6 million) contract to supply pow...

MBK Partners’ planned sale of Homeplus Express, the supermarket chain of South Korean hypermarket operator Homeplus, has hit a snag as potenti...

KT&G Corp., the world’s fifth-largest tobacco maker, is set to sell an office tower in South Korea to a local asset manager for an estimat...

Doosan Group on Thursday scrapped a merger between heavy machinery maker Doosan Bobcat Inc. and collaborative robot manufacturer Doosan Robotics Inc...

Hanwha Group has appointed the eldest son of Chairman Kim Seung-youn to lead the investment division of the group’s eco-friendly energy unit i...

The car rental business resembles financial services. Buying cars with borrowed money, renting them out and eventually selling them to used car de...

South Korea's Lotte Group holds "2024 Korea Shopping Festa with Lotte" in Hanoi, Vietnam. The group and the Korean Ministry of SMEs and Startup...

The Korea Tourism Organization (KTO) said on Thursday that the number of foreign tourists visiting South Korea in July was 1.41 million, an increase...

South Korea plans to host a regular event showcasing its cultural products such as K-pop and foods in June of next year with the goal of making the ...

South Korea's Hyundai Mobis Co. said on Thursday that it held the M-Sphere 2024 exhibition at its Uiwang Research Center in Gyeonggi Province from...

Hyundai Rotem Co., a South Korean railway system and defense equipment maker under Hyundai Motor Group, is expected to clinch large defense deals in...

Businesses in South Korea, Asia’s No. 4 economy, are voicing concerns about the government’s plan to mandate companies to disclose their...

Hyundai Motor Co. will double its hybrid vehicle lineup to 14 models and develop longer-range electric vehicles to overcome a prolonged slowdown or ...

South Korea’s central bank held interest rates steady but cut its inflation and growth forecasts for the year and signaled that it will pivot ...