wage hikes

South Korea’s Samsung Display and LG Display Co. are locked in a fierce war for supremacy in manufacturing OLED panels for monitors amid boomi...

Kia Corp., South Korea’s second-largest automaker, plans to build another purpose-built vehicle (PBV) factory in the country, despite the risk...

Hyundai Motor Co. plans to ramp up the production of its compact sport utility vehicle Exter in India to capitalize on the void in the entry-level S...

South Korean stocks, bonds and its currency tumbled on Thursday as the US Federal Reserve gave indications of another interest rate hike this year a...

South Korea’s near-monopoly power company Korea Electric Power Corp. (KEPCO) is expected to raise electricity rates and lessen its outsized re...

There are signs of a memory chip market recovery, particularly in the mobile DRAM chip segment, although demand for personal computer chips remains ...

South Korea's airline sector is meeting high travel demand during the extended Chuseok (Thanksgiving) holidays late this month by aggressively offer...

Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, plans to raise vehicle shipping rates considering the sharp rise ...

National Pension Service (NPS) of South Korea achieved a 9.1% return on investment during the first half of this year, with assets under management ...

South Korea’s major banks expect their earnings in the second half to fall on the soaring distressed debts of households and companies due to ...

South Korean electric vehicle battery majors’ plan to run more than 10 EV battery manufacturing plants in the US may hit a snag due to the loo...

Doosan Bobcat Inc., the construction and agricultural machine manufacturer of South Korea’s Doosan Group, enjoyed strong earnings on still-sol...

It is estimated that North Korea's economic growth rate recorded -0.2% last year. This marks the third consecutive year of negative growth since the...

Korea Investment Corporation (KIC) saw the net value of its traditional assets rise 8.25% in the first half of this year, backed by the strong perfo...

South Korea’s central bank on Thursday kept the door open for another interest rate hike after leaving the policy borrowing cost unchanged for...

Prices of secondhand liquefied natural gas (LNG) carriers are flying high, close to new LNG ship prices, amid tighter environmental regulations and ...

South Korea’s headline inflation dropped for a fifth straight month to a 21-month low, adding to expectations that the central bank might not ...

The race in South Korea to secure artificial intelligence (AI) know-how in the video game industry, the hottest trend in the field, is intensifying ...

South Korea’s headline inflation fell for a fourth straight month in May to a 19-month low amid continuous signs of a slowdown in Asia’s...

Teachers’ Pension (TP), South Korea’s major pension fund for private school employees, will accelerate investment in domestic bonds whil...

Moody’s on Friday cut its view on KEPCO’s credit to the lowest investment grade, a move that could lead the rating agency to downgrade t...

Historically, Hyundai Motor Co.'s labor union has been among the most hardline in South Korea's corporate wage negotiations.Despite the relatively l...

The South Korean won is underperforming most other currencies as Asia’s fourth-largest economy is gradually losing steam for long-term growth....

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...

South Korea's massively multiplayer online role-playing games (MMORPG), a mainstream genre in domestic games, is showing signs of an increasingly he...

South Korea’s central bank chief on Wednesday said it is too early to suggest starting to cut interest rates as inflation remains above its ta...

Samil PricewaterhouseCoopers, the South Korean member firm of global accounting industry leader PwC, aims to focus on overseas acquisition deals of ...

The decline in consumption by 20-somethings due to benchmark interest rate hikes is over eight times greater than those in their 60s.Analysts blame ...

South Korea’s homegrown over-the-top (OTT) platform Watcha Inc. is struggling to raise funds as it faces an uphill battle to win over customer...

South Korea’s economy is unlikely to rebound in the second half as exports are expected to stay weak on the sluggish global semiconductor indu...