Seoul shares fell below the psychologically important 2,000 mark today as foreign and retail investors dumped stocks amid a lack of upside momentum. The won rose against the U.S. dollar.
A total of 39 engine-related fires in BMW cars, mostly the best-selling 520d sedan, have been reported this year in South Korea. Fortunately, no injuries nor fatalities have been reported thus far.
The Vice President of the troubled Korea Aerospace Industries Co. has committed suicide police said
The company behind South Korea's ubiquitous mobile messenger app KakaoTalk is launching its own smart speaker, the Kakao Mini, will be available for pre-orders later this month.
The appointment is effective immediately with Tao replacing Chang Won Shin who will return to Hyundai Motor headquarters in Seoul.
South Korea's popular skincare giant AmorePacific has seen its profits and sales hammered in China due to the dispute over the housing of American THAAD missiles on Korea soil.
South Korea’s new president Moon Jae In has won a victory in his bid to increase pay by pushing through a minimum wage increase of 16 percent to 7,530 won ($6.60) per hour. The rise in pay marks the biggest jump since 2001.
Jin Air in Korea said it will increase its fleet from 22 to 24 airplanes this month to handle increased demand during the summer season.
South Korean budget carrier T'way Air has been ranked highest on the Global Customer Satisfaction Competency Index (GCSI) which measures local customer satisfaction.
The operator of Korea’s discount retailer Daiso will build a $173 million automated logistics center in Busan.