COVID-19 crisis level

South Korea’s state-run utility monopoly Korea Electric Power Corp. (KEPCO) on Friday vowed to save nearly 26 trillion won ($19.5 billion) ove...

Lotte Chemical Corp. suffered its fourth consecutive operating loss in the first quarter due to a prolonged petrochemical slowdown amid the global e...

Doosan Tower, the most visible shopping mall in the Dongdaemun fashion market, is finally making a comeback. The number of foreign visitors seeking ...

South Korean President Yoon Suk Yeol on Thursday declared an end to most COVID-19 restrictions including mandatory quarantine for patients of the pa...

For investors looking for higher returns in emerging markets, India is undoubtedly a market darling.The Asian country, widely expected to become the...

The US Food and Drug Administration (FDA) has recommended that consumers discard select models of Pilot COVID-19 self-diagnostic test kits sold on t...

Hyundai Motor Co. and its affiliate Kia Corp. are slated to log a combined 150 million units of car sales this month. The carmakers of Hyundai Motor...

South Korea's steelmaker Hyundai Steel unveiled on Wednesday its "Carbon Neutrality Roadmap" aimed at reducing its direct and indirect carbon emissi...

South Korea's births fell to a fresh low in February in 2023. The number of deaths decreased, but the population continued to decline naturally for ...

SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it expects the global semiconductor market to rebound in the sec...

South Korean foodservice companies expanded their presence in the US and Japan, while facing declining prospects in China due to COVID-19 restrictio...

South Korea's medical tourism industry, which experienced a severe setback due to the COVID-19 pandemic, has shown considerable recovery, with the n...

The size of South Korea's data industry market is expected to exceed 25 trillion won ($18.96 billion) last year.According to the results of a surv...

South Korea's airlines are opening their hiring doors wide open with the resumption of international flights amid demand for overseas travel recover...

Paradise Co., a major South Korean resort and casino operator, is taking big steps towards a full comeback this year from the pandemic shock, with a...

The number of Netflix users in South Korea has decreased by more than 30% in the past year since the recovery from COVID-19. According to Byun Jae-...

Business representatives from South Korea and Japan gathered for the first time in six years, with the Korea Chamber of Commerce and Industry (KCC...

South Korea's state-run Korea Gas Corp. (KOGAS) has joined hands with JERA, a Japan-based global liquefied natural gas (LNG) corporation, in the wak...

The Korea Development Institute (KDI), a renowned government-affiliated economic think tank in South Korea, disclosed on Sunday that the domestic se...

Samsung Electronics Co. said on Thursday it is extending its strategic partnership with Advanced Micro Devices Inc. to jointly develop next-generati...

Resuming flights from Incheon International Airport to and from Prague, Czech Republic, and Zurich, Switzerland, to expand its air traffic, South Ko...

Woowa Brothers Corp., the operator of South Korea’s top food delivery app, posted a record profit in 2022, which also marked its first profit ...

South Korea’s mandatory quarantine for confirmed COVID-19 patients from May will be cut from seven days to five, as the country is expected to...

Kia Corp.’s second all-electric sport utility vehicle EV9 made its global premiere virtually on Tuesday, boasting a target driving range of 54...

E-Mart24 Inc., the convenience store chain unit of Shinsegae Inc. Group, announced on Tuesday that it will resume the value-added tax (VAT) refund s...

South Korea’s Kakao Corp. has secured 40% of SM Entertainment Co. as planned, wrapping up its 1.25-trillion-won ($960 million) takeover bid fo...

South Korea's electronics giant Samsung Electronics Co. has achieved the highest level of "Platinum" certification from the Alliance for Water Stewa...

Contract chipmaking sales at Samsung Electronics Co. nearly matched its DRAM chip revenue in the final quarter of last year, narrowing their sales g...

South Korea confirmed that inflation eased while Asia’s fourth-largest economy continued to slow, adding to expectations that the government m...

Coex Convention & Exhibition Center, the largest event complex in Seoul, was crowded on Friday for a smart factory and plant automation fair.&ld...