South korea: South Korea’s antitrust regulator on Tuesday imposed a fine of 11.2 billion won (US$7.58 million) on Mercedes-Benz for misleading consumers about battery suppliers

Seoul: The number of foreign nationals residing in South Korea approached 1.7 million as of May last year, government data showed Tuesday. The total number

Seoul: South Korea is in the process of providing supplies to one of its ships stranded in the Strait of Hormuz amid the conflict in

Seoul: The ruling Democratic Party (DP) and the government are contemplating the purchase of more than 6 million barrels of crude oil from foreign refiners

Seoul: South Korea’s per capita income edged up by 0.3 percent in 2025, maintaining its position in the $36,000 range. This increase occurred despite the

Seoul: Tax authorities launched Tuesday an intensive inspection into the illegal distribution of petroleum products amid rising global fuel prices. About 300 personnel will be