A South Korean court has found that recurring bonuses at Kia Motors count as ordinary wages and ordered the company to pay its workers 422.3... [Sep.1,2017 17:21 KST]

On Aug. 31, Hyundai Motor Company President Chung Jin-haeng said that Beijing Hyundai cannot make a unilateral decision about the temporary... [Sep.1,2017 17:18 KST]

Toshiba had been planning to finalize its selection of a buyer for its semiconductor business during a meeting of its board of directors on Aug.... [Sep.1,2017 17:15 KST]

Shinsegae Department Store’s boutique clothing shop, BOONTHESHOP, will open its first overseas branch in Barney’s New York. The shop, which... [Sep.1,2017 17:06 KST]

Minister of Trade, Industry and Energy Paik Un-gyu said at an Aug. 30 steel industry round table on shared growth and cooperation that Seoul plans... [Aug.31,2017 16:56 KST]

Already beleaguered by a severe slump in sales in the Chinese market after the dispute over the THAAD deployment intensified in March, the Hyundai... [Aug.30,2017 17:45 KST]

Samsung Electronics revealed in an official announcement on August 28 that the company plans to invest $7 billion over the next three years to... [Aug.29,2017 18:28 KST]

With continued rumors of GM Korea’s withdrawal from the country, the automotive industry is in a growing state of uncertainty. In addition to... [Aug.29,2017 18:27 KST]

A service that allows you to design your own clothing and have it made onsite within an hour has just been unveiled. The Ministry of Trade,... [Aug.29,2017 18:24 KST]

Why is it that Gore-Tex hiking apparel has only been for sale at department stores and specialty retailers, but not at large retailers? That... [Aug.28,2017 17:18 KST]