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South Korean firms wholly owned by foreign companies sent more than 1.1 trillion won ($800 million) back home for the fiscal year of 2021 in aggrega...

Executives and major shareholders of South Korea’s listed companies will be obligated to disclose their share transaction plans at least 30 da...

South Korea’s Naver Corp. said on Monday it has joined the RE100 initiative to go carbon-free by 2050 as the first domestic internet portal to...

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

South Korea’s first lunar orbiter, Danuri, has been launched onto a ballistic lunar transfer orbit as planned, the country’s science min...

South Korea’s six biggest companies joined hands with Malaysia’s state energy firm Petroliam Nasional Berhad (Petronas) for the carbon c...

Unlike the West or China, which showed vastly different reactions, most South Koreans had a more complicated initial response to the news of forme...

Hyundai Mobis Co., a car parts maker within South Korea’s top automaker Hyundai Motor Group, is set to launch an electric vehicle battery rema...

A consortium led by the chemicals-to-steel conglomerate KG Group has been named the new owner of South Korea’s troubled sport utility vehicle ...

The Shilla Duty Free Shop, the world’s No. 3 duty-free chain, has joined hands with a Chinese e-commerce giant to attract some 158 million cro...

Doosan Enerbility Co. announced Sunday it has signed an initial memorandum of understanding (MOU) with Siemens Gamesa Renewable Energy S.A. (SGRE) i...

The duty-free industry has been hoping that the end of COVID-19-related travel restrictions would help boost its sales. Even as international t...

Lotte Duty Free, South Korea’s largest duty-free business operator, is closing one of its flagship stores in Seoul in the wake of the COVID-19...

KT&G Corp., the world’s fifth-largest tobacco company, has sued its largest e-cigarette outsourcing firm EM-Tech. Co., claiming the co-dev...

Hyundai Motor Group is expected to receive about $1.6 billion in incentives including tax breaks from Georgia as South Korea’s top automaker i...

South Korea's Lotte Duty Free Co. is slated to open a downtown store in Sydney on May 5, after Australia reopened its international borders to forei...

NH Investment & Securities Co. has set up its affiliate incorporated in London, the South Korean major brokerage house announced on April 27. ...

South Korea’s pharmaceutical company Kolon Life Science Inc. signed a technology export deal worth up to 723.4 billion won ($589.1 million) wi...

Choi Jin-min, founder and chairman of Kiturami Boiler Co., is one of the few living witnesses in South Korea's boiler history. At the age of 21, he ...

South Korea’s reopening stocks jumped on Friday as the government eases COVID-19-curbing restrictions and as the number of the Omicron variant...

South Korea's biotech startup Novelty Nobility Inc. has signed a global license agreement for its antibody treatment candidate with a US biopharmace...

The topic of RE100, a multinational campaign to make a full switch to renewable energy by 2050, was brought up last week during a debate among four ...

Lotte Group Chairman Shin Dong-bin is known for his obsession with new tech gadgets.He’s one of those early adopters in South Korea of the Ocu...

Hyundai Motor Group revealed a clip of the world’s first hydrogen-powered garbage truck Thursday. The video titled “Dear My Hero” ...

South Korea has officially declared its plan to join a mega Trans-Pacific free trade deal, called the CPTPP, following China’s application to ...

There appear to be two diverging roads for South Korea's top duty free operators Lotte and Shilla: expanding outside China, or going deeper inside t...

Overseas technology transfers from South Korean biotechs and pharmaceutical manufacturers this year have exceeded 11 trillion won ($9.3 billion), al...

A travel bubble between South Korea and Saipan more than tripled visits of residents in the Asian country to the main island in the Northern Mariana...

The Hydrogen Iron & Steel Making (HyIS) Forum led by the steelmaker POSCO officially opened Oct. 6 in Seoul with more than 1,200 industry partic...

SK Inc., the investment arm of South Korean conglomerate SK Group, and private equity firm STIC Investment Inc., have invested a combined 65 billion...