South Koreas struggling companies find no takers Zombie firms flood South Koreas M&A market, investors look elsewhere ...

The Corruption Investigation Office for High-ranking Officials (CIO) announced on Jan. 15 that it is not considering ...

Democratic Party lawmakers chant slogans on Jan. 8 at the Rotunda Hall steps of the National Assembly in Seoul, condemning ...

Presidential security chief appears for police questioning over blocking Yoons arrest warrant I aimed to prevent bloodshed ...

Still, at $415.6 billion, South Korea’s foreign reserves at the end of 2024 marked their lowest year-end level in five years, ...

Small and medium firms in Korea struggle to stay afloat as won plummets Korean SMEs buckle under rising won-dollar exchange ...

Air Busans absorption into Jin Air faces strong local resistance Korean Airs plan to integrate Asianas budget carriers with Jin Air hits backlash from Busan ...

South Korea’s gaming industry is undergoing a major transformation, with Nexon and KRAFTON solidifying their positions as the leading players. Despite challenges from the rise of Chinese games and a ...

The Korea Airports Corporation (KAC) is facing scrutiny over its decision to reinforce a concrete embankment at Muan International Airport, a move tied to flawed designs provided by a contractor, as ...

A South Korean court has approved an arrest warrant for President Yoon Suk-yeol, who was impeached over his short-lived martial law declaration on Dec. 3. Yoon’s legal representatives immediately ...

Electric vehicles (EVs) from Hyundai Motor Group are now eligible for tax credits of up to $7,500 (approximately 11 million won) per car under the Inflation Reduction Act (IRA), marking the first time ...

South Korea’s economy is projected to grow by just 1.8% in 2025, according to a government forecast released on Jan. 2. This reflects the ongoing effects of domestic stagnation and political turmoil, ...