Archive by category Business

The World Trade Organization has ruled in favor of South Korea in its suit against the United States over its anti-dumping duties on the country’s washer …

In almost every episode of U.S. television sitcom hit “Home Improvement” in the 1990s, viewers were able to see its main star Tim “The Tool Man” Taylor …

Hundreds of college students study auto mechanical engineering, design and new auto technologies such as hybrid and self-driving cars in Korea every year. But …

A direct air route linking South Korea and Iran will open for the first time in four decades following the lifting of international sanctions against the …

In South Korea, car tuning — the aftermarket modification of an automobile’s performance or appearance — has long been portrayed under a negative …

Forthcoming changes to regulations governing South Korea’s lucrative duty-free business are sparking both hopes and concerns from key stakeholders, such as …

The Korean financial regulator’s chief said Friday he will push for drastic deregulation to ensure the freer and more independent operation of private equity …

Korea is gearing up to boost the aftermarket auto tuning sector, which is less developed than its auto production. According to the Ministry of Land, …

The Korean unit of German luxury carmaker Mercedes-Benz may face a probe by the prosecutor’s office over the submission of false specifications of its …

In recent years, Seoul has seen a sudden rise in luxurious vehicles on its roads, parking lots and even narrow streets, with many foreign car brands gaining …