Mercedes-Benz Korea Ltd. on Tuesday released the brand information of its electric vehicle models sold in the country amid growing calls for EV brand transparency in the country following a massive fire caused by an electric car this month.

The late…

The antitrust regulator said Tuesday it has decided to fine CJ Freshway Corp. 24.5 billion won (US$17.87 million) for unfairly supporting an affiliate in a move to solidify its market status as a major food distributor for local merchants.

Since aro…

Foreign Minister Cho Tae-yul on Tuesday rebutted the criticism that South Korea backed down in the negotiations with Japan regarding the UNESCO World Heritage listing of an old Japanese mine complex linked to wartime forced labor.

Cho made the point…

CJ Cheiljedang Corp. on Tuesday reported its second-quarter net profit of 147.8 billion won (US$107.8 million), up 16 percent from a year earlier.

Operating profit for the April-June period was 383.6 billion won, up 11.3 percent from a year ago, the…

South Korean stocks opened slightly higher Tuesday as investors are awaiting the release of major U.S. economic data due later this week.

The benchmark Korea Composite Stock Price Index (KOSPI) rose 5.8 points, or 0.22 percent, to 2,624.10 in the fi…

An ongoing wave of COVID-19 is forecast to reach a peak around end-August after the summer vacation season, the health authorities said Tuesday, vowing to strengthen responses to curb its spread.

South Korea has seen a sharp increase in the number o…

South Korea’s agriculture ministry said Tuesday that the country has received the nod from Britain to ship heat-treated chicken products to the European nation.

The approval will allow South Korea to export a wide array of related products, includin…

South Korean stocks ended slightly higher Tuesday as investors remained cautious ahead of the releases of major U.S. data later this week to gauge the Federal Reserve’s monetary policy direction. The local currency gained ground against the U.S. doll…