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  • Balanced approach urged for blockchain industry

    Business leaders and experts called for a more balanced approach to regulating the blockchain industry more effectively during a seminar hosted by the American Chamber of Commerce in Korea in Seoul on Thursday. Dunamu CEO Lee Sir-goo criticized the K

  • KEF holds annual meeting with Chinese ambassador

    The Korea Enterprises Federation held a meeting with Chinese Ambassador to Korea Xing Haiming at a Seoul hotel on Thursday to discuss ways to further bolster economic ties between the two countries. KEF Chairman Sohn Kyung-shik and other business lea

  • South Korea and Uruguay agree to cooperate to produce green hydrogen

    South Korea's Second Vice Minister of Trade, Industry, and Energy, Park Il-jun, has met in the capital of the Asian country, Seoul, with the Minister of Industry, Energy and Mining of Uruguay, Omar Ignacio Paganini Herrera. The South Korean ministry announced they discussed ways to expand cooperation in the new ...

  • VW Korea launches its first electric SUV

    In its first debut outside of Europe, Volkswagen Korea launched its pure electric sports utility vehicle, ID.4, in Seoul on Thursday, stressing that the local market is "essential" for the German carmaker's e-mobility business. "Korea

  • Law professor named head of antitrust watchdog

    President Yoon Seok-yeol has appointed a professor who specializes in insurance law and investor protection to lead the Fair Trade Commission, the presidential office said Thursday in a statement. Han Ki-jeong, who teaches commercial law at Seoul Na

  • Nearly 5,000 vehicles flooded due to heavy rain

    Insurance companies are expected to face costly claims for flooded cars as a result of the heavy rain that has inundated Seoul’s Gangnam area since Monday night. Twelve automobile damage insurance companies received more than 4,791 claims for

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