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Minister of Employment and Labor Kim Young-hoon sharply criticized Coupang on Monday, saying the company showed little awareness of its role in workplace accidents during recent government hearings.
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Korea's new top trade negotiator will visit the United States for tariff negotiations next week amid the looming deadline of July 8, his agency said Saturday.
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A law firm is warning consumers not to use compensation coupons being offered by Coupang. Illo, a law firm leading a class-action lawsuit against Coupang, posted a notice on Monday in an online community of participating plaintiffs.
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Korea’s Industry Minister Kim Jung-kwan and Trade Minister Yeo Han-koo met with U.S. Secretary of Commerce Howard Lutnick on Thursday in Washington to negotiate a bilateral trade agreement.
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HD Hyundai met with senior foreign affairs officials on Wednesday to ramp up its efforts in pushing Korea's MASGA initiative ahead of the summit between the presidents of Korea and the United States later this month.
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Korea is a "key pillar" to The Walt Disney Company, providing nine of the company's best original series last year, the entertainment conglomerate's Asia Pacific head said Thursday.
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Chinese brands are transforming the Korean market by offering affordable, high-performance products and leveraging e-commerce platforms to outcompete local competitors.
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HD Korea Shipbuilding & Offshore Engineering (KSOE) posted operating profit of 859.2 billion won ($598.1 million) in the first quarter of this year.
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Apple is interested in tapping generative artificial intelligence to help speed up the design of the custom chips at the heart of its devices, its top hardware technology executive said in private remarks last month.
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Korea needs a special law for AI training data, balancing rights holders' interests with the need for large datasets. Without legal adaptations, Korean language and culture may fall behind in AI.
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Four of the biggest U.S. technology companies flagged plans this week to accelerate capital spending over the next year but investors were most accepting of Google-parent Alphabet's ability to fund its plans from its cash flow.
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Foreign currency deposits in Korea increased for the first time in four months in May, driven by increased deposits at securities firms and the temporary placement of corporate overseas investment funds, central bank data showed Monday.
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Korea is in communication with China to minimize the impact from Beijing's move to sanction Korean shipbuilder Hanwha Ocean's U.S.-based units, the presidential office said Tuesday.
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Coupang said it has identified the person responsible for the recent personal data leak and secured all devices used to access customer information, confirming that no additional data was leaked externally.
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A senior prosecutor appeared at a special counsel office on Wednesday for questioning about alleged intervention in the investigation into unpaid severance pay at e-commerce giant Coupang.
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Korean Industry Minister Kim Jung-kwan has wrapped up his two-day tariff talks with U.S. Commerce Secretary Howard Lutnick, without tangible results, sources said Saturday.
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Miniso reentered the Korean market, targeting young consumers with character merchandise and diverging from its previous budget offerings.
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Quality jobs can only come from companies. The government must be more aggressive in removing regulations so that the private sector can widen job opportunities for more people.
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HD Hyundai announced a major multibillion-dollar investment in the Korea-U.S. shipbuilding revival initiative in a deal with the Korea Development Bank and U.S. private equity firm Cerberus Capital, bolstering Seoul's trade package for Washington.
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Now, Korea itself faces the danger of losing manufacturing leadership to China. But if Korea is deprived of its advantage in manufacturing, it will be difficult to survive in the global economy.