regulations on money transfers

South Korea's Kolon Group announced on Monday it launched a new advanced composite materials company Kolon Spaceworks.Kolon Spaceworks is being es...

POSCO, the world’s seventh-largest steelmaker, on Thursday restarted a blast furnace in South Korea following a revamp applying a smart system...

Competition in the South Korean travel payment card market intensified as increasing overseas trips and cross-border shopping prompted credit card i...

HD Hyundai Oilbank Co., South Korea’s refiner backed by Saudi Aramco, said on Sunday that it will export sustainable aviation fuel (SAF) to Ja...

South Korea’s top automaker, Hyundai Motor Co., is slated to launch an electric vehicle model of its Staria van in 2026 to respond to the inte...

Dongkuk Coated Metal Co. (Dongkuk CM), the cold-rolled steel business unit of South Korea's Dongkuk Steel Group, announced on Wednesday that it op...

Hyundai Glovis Co., the world’s third-largest car shipping company, is set to introduce an emission reduction system for its vehicle carriers ...

Hanwha Ocean Co., South Korea’s third-largest shipbuilder, has joined hands with Polish state-run defense group Polska Grupa Zbrojeniowa S.A. ...

Block trades of South Korean listed shares have surged by six times so far this year from the same period in 2023, according to the Financial Superv...

NEW YORK -- South Korea may partially lift a ban on short selling in the domestic stock market from as early as June, before removing the blanket ba...

South Korea will launch the country’s first alternative stock exchange Nextrade Co. in the first half of next year to enable stock trading for...

South Korea plans to accept Indonesia’s request to cut its share of payments for a joint fighter jet development project to one-third of the o...

South Korea’s homegrown fast-fashion brands are expected to continue making big strides at home as cost-conscious consumers shifted toward mor...

Coupang Inc., South Korea’s No. 1 e-commerce platform facing fierce competition from Chinese rivals, dipped into the red in the first quarter,...

South Korean medical diagnostic company NGeneBio Co. announced on Tuesday that it signed a contract with the United Arab Emirates (UAE)-based medica...

Lotte Rental Co., South Korea's largest car rental firm, announced on Monday that it has launched a "Vietnam Driver-inclusive Rental Car."The servic...

Investors are betting big on food service technology startups in South Korea as the adoption of self-service systems in the country’s food and...

dd South Korea’s securities firms suffered a 20% fall in overall net profit last year hurt by the weak property market, adding to bearish vie...

Wages at South Korean companies, both large and small, have surpassed those of their Japanese counterparts.According to a report on wage comparisons...

South Korean companies and households flocked to investment funds and short-term deposits in December last year, pulling out of money market funds a...

South Korea's Daewoong Pharmaceutical announced on Tuesday that its subsidiary Daewoong Biologics Indonesia has obtained a stem cell Lab Operational...

South Korea's major power plant builder Doosan Enerbility Co. faces a record-breaking fine to the tune of about 20 billion won ($15 million) over it...

IMM Investment Corp., a major South Korean private equity firm, invested $97 million in Kencoa Aerospace Corp., a local supplier of global industry ...

Hyundai Motor Group announced on Friday that Hyundai Motor Co. and Kia Corp. have top seven categories in the 2024 Best Cars for the Money awards in...

SK On Co., a battery affiliate of South Korea's SK Group, announced on Wednesday that it has signed a technology transfer agreement with the US-ba...

South Korea’s Hanwha Ocean Co., the world’s third-largest shipbuilder, has decided to exit the money-losing container shipbuilding busin...

South Korea’s top financial regulator is detecting more circumstances of naked short-selling worth tens of millions of dollars by foreign inve...

South Korea plans to abolish capital gains taxes on financial investments to revitalize the lackluster domestic financial market and help individual...

Hyundai Motor Co.'s electric sport utility vehicle (SUV) IONIQ 5 has been selected as the Car of the Year 2023 in Singapore by the nation’s la...

South Korea’s financial regulator has slapped a combined 26.52 billion won ($20.4 million) in fines on BNP Paribas SA, its Korean brokerage un...