Stroking down the plush set of colorful fibers, it is hard to tell they could be anything but fur. Hanging in the corner of an ethical fashion store in Dongdaemun, the fur-free fur coats and silk-free silk robes are soft and luxurious, but without the cost of brutality against animals. Striving to spare harm inflicted on animals for the sake of style, vegan fashion has been spreading in South Ko...

Residents of the South Korean capital earned the highest average incomes last year, data showed Friday. According to Statistics Korea, Seoul topped the list of 16 cities and provinces in per capita disposable income for a second consecutive year. Disposable income, also called disposable personal income, is the total earnings a household makes that are available to save or spend after taxes and...

South Korea aims to have 430,000 electric cars and 65,000 hydrogen-fueled cars on local roads by 2022, according to the Ministry of Trade, Industry and Energy on Tuesday. This is a big jump from previous targets, which were 350,000 electric cars and 15,000 hydrogen-fueled cars in four years. For the same period, the ministry also raised the target for exports of electric cars sevenfold to 250,0...

Hyundai Glovis has sold a record-breaking 1 million second-hand vehicles via auctions as of the end of November, according to the company on Tuesday. The logistics unit of Hyundai Motor Group has auctioned 1,000,382 used cars since it first started its automobile auction service in 2001. In the past six years, the company has seen an average 4.8 percent rise in the number of used cars sold via ...

South Korean defense companies’ operating profits nose-dived last year due to a significant drop in exports and an increase in R&D costs, data showed. According to the Korea Defense Industry Association, the combined operating profits of its 93 member companies amounted to 60.2 billion won ($53.06 million) in 2017, an 88 percent decrease from 503.3 billion won in 2016. Revenue also dropped 13.9...

Leading South Korean cosmetics company Amorepacific said Wednesday that its Sulwhasoo brand’s Essential Lip-serum Stick recently saw a surge in popularity after Song Hye-kyo used the product on hit TV show "Boyfriend." Sulwhasoo also in September released its Essential Lip Mask, which comes in two varieties: for moisture and recovery. The product container was made to resemble Korea’s traditiona...

Almost half of South Korean women aged between 15 and 54 and married with under age children earn less than 2 million won every month, according to data released by Statistics Korea. The data revealed that there are 5.063 million married and working women with children under 18 as of April this year. Among them, 49.1 percent earned a monthly wage of less than 2 million won ($1,780). This was 10....

Eight in 10 South Korean employees said they feel more stressed around the year-end season, a study showed Friday. According to the survey conducted by an online job recruitment company, 83.5 percent of the respondents said they are under more pressure at the end of the year than other times. The company surveyed a total of 947 adult workers between 20 and 69 years old. A quarter of the respo...

Construction material supplier LG Hausys’ phenolic foam, a high-functioning semi-noncombustible insulation, has been certified as fire-protective by global standards, the company said Thursday. The firm said its PF insulation received Factory Mutual Approval certified by FM Global on criteria testing fire-resistance for ceiling boards and wall panels. FM Global is an international property insur...

The unemployment rate for South Koreans in their late 20s has escalated rapidly since 2010, and 2017 saw the highest increase since 2000, according to data released by the Bank of Korea. The proportion of jobless Koreans between the ages of 25 and 29 hit 9.5 percent as of 2017, as compared with only 6.9 percent in 2010. That number has risen consistently since 2000, two years after the financia...

Posco Coated & Color Steel Co. has completed the construction of a plant in Pohang, North Gyeongsang Province, that will manufacture color-coated plates used in the construction industry and in the production of home appliances, the company said Wednesday. With the new plant, the Posco affiliate can now produce premium-quality ultraviolet curing plates that are up to 1,600 millimeters wide and 3...

S-Oil CEO Othman al-Ghamdi has been selected as the best CEO of the year by Korean Management Association Consulting, the company said Tuesday. Al-Gamdi became the first CEO of foreign nationality to receive the award at the annual Management Grand Awards 2018 hosted by KMAC. The firm said the CEO has been recognized for his leadership since taking office in 2016. He oversaw the completion of i...

There are seven celebrities in South Korea with stocks worth at least 10 billion won ($9 million) as of November this year, data from corporate tracker Chaebul.com showed. Three are celebrities-turned-entrepreneurs running the nation’s biggest entertainment companies, it said. The combined value of the stocks held by these seven conglomerates was 709 billion won, an increase in value of 55.2 pe...

The Seoul Metropolitan Government will impose a 50 kilometers per hour speed limit on major roads in central parts of the capital starting next year. A speed limit of 30 kph will be introduced on narrower roads in the area. The current speed limit on major roads is 60 kph. The measures are aimed at reducing pedestrian deaths, according to the city, which has conducted a two-year pilot program in...

The air will be dense with fine dust on Sunday, especially in the capital area, with the daytime high expected to reach 18 degrees Celsius. Rain is also expected overnight, starting in the southern part of the country. The Environment Ministry forecast the fine dust level to be “bad” in Seoul, Gyeonggi Province and Incheon, and “average” in other parts of the county. Southern parts of the count...