South Korea

South Korea’s antitrust regulator said on Monday it decided to fine German carmaker Mercedes-Benz and its Korean unit 20.2 billion won ($16.9 million) for false advertising tied to gas emissions of its diesel passenger vehicles. The...

The United States has granted South Korea a sanctions exemption, allowing the country to pay millions of dollars of overdue compensation to an Iranian investor over a 2010 dispute. Seoul’s foreign ministry said it had received...

South Korean ex-dictator Chun Doo-hwan, who brutally crushed opponents until mass demonstrations forced him out, died on Tuesday, his longtime aide announced. The former president died at his home in Seoul, Min Jeong-ki told reporters outside...

Apart from the Readymade Garment (RMG) sector, South Korean Ambassador to Bangladesh Lee Jang-keun stated today that his country is working hard to broaden trade partnership with Bangladesh in additional viable areas. After touring Panam city...

South Korea has become the first major Asian economy to raise interest rates since the coronavirus pandemic began. The Bank of Korea increased its base rate of interest from a record low of 0.5% to 0.75%....

South Korea’s daily count of coronavirus cases has topped 800, the highest in nearly six months, due to new cluster infections and the spread of the highly contagious Delta variant, officials said on Friday. The Korea...

Pet cats and dogs in the capital city of South Korea will be tested for Covid-19 if they show symptoms, the Seoul metropolitan government has said. It comes a few weeks after the country reported its...

The sister of North Korean leader Kim Jong Un has slammed the South’s foreign minister as “impudent” for casting doubt over Pyongyang’s claim that the country has no coronavirus cases, state media reported Wednesday. Nuclear-armed Pyongyang...

UN Secretary-General Antonio Guterres praised South Korea Thursday for combatting the novel coronavirus while simultaneously fighting global climate change. The country was providing a “remarkable example” of how “the two things are often put together,” Guterres...

South Korea’s left-leaning ruling party has won a landslide election victory, partial results showed Thursday, after the coronavirus pandemic turned the political tide in President Moon Jae-in’s favour. His Democratic party secured an absolute majority in...