South Korea

Kakao Founder Brian Kim Faces Possible Arrest for Alleged Stock Price Manipulation

Kakao Founder Brian Kim Faces Possible Arrest for Alleged Stock Price Manipulation

Brian Kim, Kakao's founder, is facing allegations that he manipulated SM Entertainment's stock price to block a rival's acquisition attempt.

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Hyundai Motor Reaches Tentative Wage Deal With South Korean Union

Hyundai Motor Reaches Tentative Wage Deal With South Korean Union

Hyundai Motor Co. reached a tentative wage deal with its labor union in South Korea on Monday.

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electric vehicle battery

South Korea’s Battery Maker SK On Facing Crisis as Clients Grapple With Dismal EV Sales

Major South Korean battery producer SK On is in crisis amid weak electric car sales of its clients in the US and Europe.

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Samsung Workers to Begin Three-Day Strike Despite Low Expected Participation

Samsung Workers to Begin Three-Day Strike Despite Low Expected Participation

Samsung Electronics Co. unionized workers, led by the National Samsung Electronics Union (NSEU), will commence a three-day strike at the company's Hwaseong facility near Seoul.

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SKOREA-SOCIAL-DEMOGRAPHICS-POLITICS

South Korea Offers Cash Incentives for Dating and Marriage to Boost Birth Rates

Busan’s Saha District in South Korea is launching a pilot program to address its low birth rates. The program will offer financial incentives of up to 500,000 won ($360) for dating and 20 million won ($14,400) upon marriage.

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US, Japan, South Korea Make Collaboration Commitment in Key Tech Capabilities

US, Japan, South Korea Make Collaboration Commitment in Key Tech Capabilities

The United States, Japan, and South Korea have agreed to strengthen its cooperation on building more resilient supply chains and developing key technologies, particularly semiconductors, clean energy, cybersecurity, and critical minerals.

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Korean Fair Trade Commission Probes Kakao Entertainment Over Alleged Unfair Music Distribution Fees

Korean Fair Trade Commission Probes Kakao Entertainment Over Alleged Unfair Music Distribution Fees

The Korean Fair Trade Commission launches an on-site probe into Kakao Entertainment amid allegations of biased music distribution fees, following claims from industry insiders and K-pop agencies about preferential treatment towards subsidiary labels.

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Queens Woman Charged in Murder-for-Hire Plot Offering $10K, Sexual Favors, and Fake Crypto to Kill Lover's Wife and Daughter

Murder-Suicide in South Korea: 2 Men With Huge Debts Kill 2 Women Before Jumping to Their Deaths From Hotel Window

Authorities in South Korea are closing a murder-suicide case in Gyeonggi province after the two suspects died from jumping out of a hotel room window to evade capture.

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Samsung Electronics Union in South Korea Stages Walkout for Higher Salaries, Better Working Conditions

Samsung Electronics Union in South Korea Stages Walkout for Higher Salaries, Better Working Conditions

A Samsung Electronics union in South Korea protested over pay and working conditions on Friday when it staged its first-ever walkout.

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British Businessman Found Dead, Floating Near Greek Island After Night Out

Businessman From Ghana Found Dead in Hotel While on Visit to Seoul for South Korea-Africa Summit

A businessman from Ghana was discovered dead at his hotel in Seoul. He was in South Korea to attend an event related to the Korea-Africa Summit.

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David Yong: Who Is This Singaporean Multi-Millionaire Featured in Netflix’s ‘Super Rich in Korea'?

The million-dollar question remains: who is David Yong, and why is he super rich?

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North Korea Launches More Trash Balloons Toward South, Heightening Tensions

North Korea Launches More Trash Balloons Toward South, Heightening Tensions

North Korea's ongoing balloon campaign, sending trash-laden balloons across the border into South Korea, continues to escalate tensions, prompting heightened alertness and concerns in the region.

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SKorea-ECONOMY-TELECOMMUNICATION-LABOUR-SAMSUNG

Samsung Under Investigation After Chip Plant Radiation Left Workers Hospitalized

South Korean authorities are investigating Samsung's Giheung plant after two workers were exposed to radiation, prompting hospitalization and suspension of the suspected equipment.

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North Korea Drops Hundreds of Balloons Filled With Trash, Manure Into South Korean Border

North Korea Drops Hundreds of Balloons Filled With Trash, Manure Into South Korean Border

North Korea has escalated tensions with South Korea by sending balloons carrying what they call "filth and garbage" across the border.

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BTS Manager Hybe to Sell $50 Million Worth of SM Management Shares After Failed Takeover Attempt, Beef with ADOR Boss Min Hee-Jin

BTS Manager Hybe to Sell $50 Million Worth of SM Management Shares After Failed Takeover Attempt, Beef with ADOR Boss Min Hee-Jin

BTS’s talent agency Hybe is selling 750,000 of its shares with SM Management for a total of $50 million while it is dealing with estranged ADOR CEO Min Hee-Jin.

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