A tough new anti-graft law came into force in South Korea Wednesday with many hailing it as a milestone to help root out widespread low-level corruption.
Tens of thousands of unionised workers at South Korea's Hyundai Motor staged their first full strike on Monday for more than a decade after negotiations over a wage increase stalled.
The problems that sank South Korea's Hanjin Shipping this week could be just the tip of the iceberg, analysts say, with the long-running global economic downturn having left the industry drowning in excess capacity.
Local startups are speaking out against South Korean IT giants that have allegedly plagiarized their services, saying that such unfair practices further marginalize smaller companies in the country's highly competitive tech sector.
Five Korean coal-fired power plants operated by a state-run company have seen a sharp rise in their profitability amid the weeks-long heatwave, data showed Monday.
South Korea has fined Volkswagen 17.8 billion won ($16 million) and suspended sales of 80 VW models, alleging the German carmaker fabricated documents on emissions or noise level tests.
Tens of thousands of South Korean auto and shipbuilding workers are set to launch partial strikes this week after negotiations over wage increases stalled.
South Korea's central bank on Thursday cut the country's growth outlook and kept the key interest rate unchanged at a record low as exports sputters and demand slumps.
Five months after Seoul shut down a jointly run industrial park in North Korea, South Korean factory owners are still waging a defiant campaign to reopen what was the last major symbol of inter-Korean cooperation.
South Korean TV brands have made a U-turn on strategy and shifted orders in 2016 from domestic panels to ones from Taiwan and mainland China, according to the latest report from WitsView, a division of the market research institute named TrendForce.