The wait is over: BTS are back with new album, global tour in spring 2026
Now the wait is over.BTS are back – as a full-member group after a four-year hiatus.The seven-member boy band is returning with a new album in...
Time to spend: Korean shoppers loosen purse strings on luxuries, hotels
South Korea’s long-dormant consumer sector is showing signs of revival, as shoppers – once paralyzed by political uncertainty – re...
BOK lowers growth forecasts to bolster rate cut expectations
South Korea’s central bank slashed its economic growth forecasts on Monday, adding to views that the monetary authority will cut interest rate...
S.Korean overseas card spending posts record $5.71 bn in Q3
With the increase in international travel during the summer, overseas card spending by South Korean residents reached a record high in the third qua...
South Korea’s Economy Picks Up But Still Disappoints
South Korea’s economy was weaker than expected in the third quarter, weighed by lackluster exports, though it improved from the previous quart...
S.Korea’s Q2 GDP slows 0.2%, upholds rate cut expectations
South Korea’s economic growth slowed in the second quarter on weaker domestic consumption and investment by private businesses, heightening ex...
S.Korean travelers splurge in Japan on softer yen
South Korean travelers spent a total of 431.4 billion won ($312 million) through debit and credit cards in Japan in the first half of this year, twi...
Korea’s April factory output rebounds amid weak consumption
South Korea’s factory production rebounded in April on healthy manufacturing while domestic consumption and capital expenditures dipped, indic...
Eastar Jet introduces fuel efficiency analysis program
South Korea's low-cost carrier Eastar Jet announced on Friday that it will be the first domestic budget airline to introduce the Fuel Analytics prog...
Sindoh to tap ex-STIC Investments exec Seo as CEO, spur M&As
Sindoh Co., a leading manufacturer of multi-functional printers in South Korea, is set to tap an investment banking expert as its chief executive. W...
S.Korea’s factory output, consumption dwindle in October
South Korea’s factory activity waned last month, snapping a recovery streak in the previous two months, largely due to a drop in chip producti...
KDI cuts Korea growth forecasts, ups inflation predictions
A South Korean government think tank has cut its growth forecast in Asia’s fourth-largest economy for this year and next but raised inflation ...
SK Geo Centric switches to recycled materials for petchem packaging
South Korea’s SK Geo Centric Co. is using recycled materials for product packaging as it aims to transform itself into a green petrochemical p...
Seoul Semiconductor secures key EV LED patents
Seoul Semiconductor Co., the world’s No. 3 light-emitting diode (LED) maker, has secured key patents for LEDs to be used in electric vehicles ...
Foreign visitors' portion of Jeju Island consumption increases: report
It has been revealed that spending by foreign tourists visiting Jeju Island has significantly increased since the end of the COVID-19 pandemic.Accor...
Discovery in S.Korea promises dieting without limits on eating
A drug candidate in South Korea could allow people seeking to lose weight to eat to their heart's content.The Center for Cognition and Sociality of ...
Korea’s July factory output slows at fastest pace since February
South Korea’s factory output contracted at the fastest rate in six months last month on subdued global demand especially from China, while its...
South Korean exporters jittery as China's slowdown raises red flag
South Korea’s exporting companies are increasingly feeling the heat as its top export market China is sounding alarm bells over the world&rsqu...
SK Telecom develops 5G IoT tech RedCap
South Korea's SK Telecom Co. unveiled on Thursday that it has successfully developed and tested Reduced Capability (RedCap) - a pioneering 5G Intern...
Hyundai Card, Visa form global data alliance
South Korea’s Hyundai Card has launched a data analysis business with Visa. Hyundai Card on Monday said it formed a strategic business partner...
S.Korean overseas card spending near pre-COVID-19 levels
South Korean residents’ overseas card use jumped in the first quarter to nearly recover levesl before the outbreak of COVID-19 on rising inter...
S.Korea to grant visa-free entry to transit passengers from abroad
Transit passengers from select countries from Sunday can enter South Korea without a visa, and this waiver from May 15 will apply to a wider range o...
S.Korea’s 20-somethings tighten belts due to high interest rates: report
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 ...
Chinese buy cosmetics, Japanese pick groceries in Korea: Survey
Foreign visitors to South Korea show different purchasing preferences by nationality, a survey found. A majority of Chinese travelers' top picks are...
Korea avoids recession on strong consumption; outlook still tough
South Korea averted a recession as Asia’s fourth-largest economy rebounded more than expected in the first quarter on strong private consumpti...
MBK Partners eyes China’s local consumption: Letter to investors
Private equity giant MBK Partners focused on defending its portfolio last year, especially Chinese companies during the lockdown, while being active...
Korean research team develops AI chip to cut power use
South Korean scientists have developed a chip that needs less electricity for advanced efficiency and data processing to help the country’s se...
SK Telecom establishes 5G open RAN indoor demonstration network
South Korean telecom giant SK Telecom Co. has established a 5G open RAN indoor demonstration network at its Bundang headquarters, according to an an...
Korea's BGF Retail to cut power use with smart devices
BGF Retail, the operator of South Korea’s largest convenience store chain CU, said on Thursday that it had signed a memorandum of understandin...
LG Electronics makes 100 millionth unit of core motor for washing machines
LG Electronics Inc. on Sunday said it produced late last month its 112 millionth unit of the inverter direct drive (DD) motor for its washing machin...
