Wrangling over first lady
President Yoon’s veto sets stage for extended clash between rival parties
South Korea’s two main parties are expected to wrangle over two special investigation bills that were vetoed by President Yoon Suk Yeol on Friday. U…
Time to scrap or at least cut the weird tax
The government has decided to colossally change the way it has been collecting a strange tax that amounts to 24 trillion won (US$18.2 billion) annually. The tax was introduced in 1961 to finance specific p…
Rapid rush to demise
Drastic steps needed to cope with demographic decline
Undoubtedly, the fast-dwindling population and record-low birthrate are the most pressing and imminent challenges facing Korea. Diverse global institutes and media outlets w…
South Korea logged a current account surplus for the seventh straight month in November on the back of an increased trade surplus, central bank data showed Tuesday.
The country’s current account surplus reached US$4.06 billion in November, narrowing…
SK hynix Inc., the world’s second-largest maker of memory chips, on Monday announced its commitment to spearheading the technological revolution led by artificial intelligence (AI) through its customized high-performance memory solutions.
In a press…
The foreign ministry on Tuesday expressed serious concerns over North Korea’s arms transactions after Seoul’s spy agency confirmed suspicions that North Korean weapons were being used by the Hamas militant group in its war with Israel.
On Monday, th…
The National Assembly passed a special bill banning dog meat consumption Tuesday, paving the way for ending the practice that has fallen out of favor in recent decades.
The bill, which bans the breeding, butchering, distributing and selling of dogs …
The National Assembly passed a special bill banning dog meat consumption Tuesday, paving the way for ending the practice that has fallen out of favor in recent decades.
The bill, which bans the breeding, butchering, distributing and selling of dogs …
South Korean shares closed lower Tuesday for a fifth consecutive session as institutions continued their selling spree. The local currency slightly rose against the U.S. dollar.
The benchmark Korea Composite Stock Price Index (KOSPI) shed 6.58 point…
Jurgen Klinsmann, German-born head coach of the South Korean men’s national football team, bid an emotional farewell to his late former coach and German football legend Franz Beckenbauer on Tuesday, calling him a mentor and a father-like figure for p…