Labor Standards Act

The South Korean government is considering filing a complaint with the World Trade Organization (WTO) over the US' new Inflation Reduction Act (IR...

As global investors are seeking ways to protect their investment returns in an inflationary, rising rate environment, some asset managers are eyeing...

As global investors are seeking ways to protect their investment returns in an inflationary, rising rate environment, some asset managers are eyeing...

Hanwha Solutions Corp. and OCI Co., South Korea’s two leading solar power-related companies, are poised to gain a tailwind from the US governm...

South Korea’s antitrust regulator on Tuesday slapped GS Retail Co., a GS Group unit that operates the country’s second-largest convenien...

Hyundai Heavy Industries Group, the world’s top shipbuilder, secured another future growth engine from its solar cells and modules business on...

Samsung Electronics Co., the world’s top memory chipmaker, is seeking unmanned factories in a move that other major South Korean manufacturers...

South Korea’s five technologies on 5G mobile networks, cloud computing and cryptography have been preliminarily chosen as global standards, a ...

South Korea’s major companies are anxious about looming labor strife at the Port of Long Beach, California and strikes at German ports –...

When LG Electronics Inc. surprised the market last year by announcing that it was exiting the mobile phone business, one of its mainstay businesses,...

As a string of sporadic labor union strikes enters its third week, the risk of supply disruption has spread to an unlikely victim – Hankook Ti...

Hyundai Mobis Co. CEO Cho Sung-hwan has registered as a candidate for the next presidential election of the International Organization for Standar...

South Korea’s manufacturing sector faces ballooning losses across industries as the trucker strike entered its seventh day on Monday, disrupti...

Public Officials Benefit Association (POBA) of South Korea will keep its conservative stance in both private equity and private debt investment, whi...

South Korea’s big companies are rapidly embracing environmental, social and governance (ESG) standards by launching a dedicated ESG team to me...

Teachers’ Pension (TP) of South Korea will increase exposure to its overseas alternative assets, its Chief Investment Officer Lee Kyu-hong sai...

The Korean Federation of Community Credit Cooperatives (KFCC), a South Korean community bank managing 70 trillion won ($55.1 billion) in assets, is ...

The South Korean government will launch a 1.6 trillion won ($1.3 billion) project to set basic standards for urban air mobility (UAM), or air taxi, ...

One after another, South Korea’s household name conglomerates are establishing corporate venture capital (CVC) firms under their holding compa...

Shares of Naver Corp. and Kakao Corp. are expected to decline further after South Korea’s top two platform giants already lost 20 trillion won...

Kumho Tire Co., South Korea’s No. 2 tire maker, struggled to agree with its unionized workers on more overseas plants although the company des...

The increase in the price of carbon emission rights is dealing another blow to South Korean companies reeling from soaring raw materials and logisti...

South Korea's NCSoft Corp., the publisher of the popular mobile game Lineage series, on Tuesday reported a worse-than-expected operating profit in 2...

Samsung Electronics Co. on Wednesday announced new additions to its Galaxy S series models as the world’s top smartphone maker by volume faces...

Voluntary retirement packages, often coming with generous compensation, have been adopted by companies as a way to let go of older or redundant empl...

South Korea's brokerage companies are jumping into the outsourced chief investment officer (OCIO) market, outmaneuvering asset management firms, as ...

The world’s No. 1 boy band BTS became the first Asian act to take the prize for artist of the year at the American Music Awards, one of the to...

Representatives of South Korean auto parts makers on Friday called on the government to increase their financial support of the sector, including ta...

When SM Group, formerly known as Samla Midas Group, took over assets of bankrupt Hanjin Shipping Co., for 37 billion won ($32 million) at the end of...

South Korea’s construction company Hyundai Engineering Co. won a $256 million order from IRPC Pcl. to upgrade its refinery, allowing the Thai ...