Online shopping sales in South Korea rose 13 percent in November on-year, driven by major sales promotional events, the statistics agency said Wednesday.

The value of online shopping transactions amounted to a record high of 20.84 trillion won (US$1…

Today (%) Previous Session(%) Change (BP)

1-year TB 3.471 3.466 +0.5

2-year TB 3.371 3.331 +4.0

3-year TB 3.278 3.240 +3.8

10-year TB 3.338 3.306 +3.2

2-year MSB 3.386 3.349 +3.7

3-year CB (AA-) 4.017 3.980 +3.7

91-day CD 3.830 3.830 0.0

(END…

The antitrust regulator said Wednesday it has decided to fine Nexon Korea Corp. 11.6 billion won (US$8.85 million) for alleged deceptive business activity against game users regarding in-game items.

The game giant was accused of changing the probabi…

KG Mobility, formerly known as SsangYong Motor Co., said Wednesday it recorded a slight growth in sales last year driven by increased overseas demand.

KG Mobility’s annual vehicle sales stood at 116,428 vehicles last month, up 2.2 percent from a yea…

South Korea will increase investment into basic research this year to over 2 trillion won (US$1.5 billion) as part of efforts to help the country’s researchers strengthen their global competitiveness, the science ministry said Wednesday.

The governm…

GM Korea Co., the South Korean unit of General Motors Co., said Wednesday its sales in 2023 reached a fresh record of over 468,000 units thanks to strong demand from overseas.

GM Korea sold 468,059 vehicles last year, up 76.6 percent from the previo…