South Korea

South Korea’s Senior Doctors to Resign in Protest Over Medical School Expansion

As the physicians' strike in South Korea grows, medical professors and doctors warn they will cut their hours or quit.

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South Korea Announces $313 Billion Funding for Projects to Fight Climate Change

South Korea has committed to providing 420 trillion won ($313.4 billion) in policy loans to finance projects that will help the country meet its climate goals.

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South Korea Regulator May Sanction Meta Over Facebook and Instagram Marketplaces: Report

Meta might be penalized by South Korea's antitrust office for allegedly failing to protect local consumers on its Facebook and Instagram marketplaces against fraudulent transactions.

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South Korea Exploring Potential Sanctions for Businesses That Fail to Meet Shareholder Return Goals

South Korea's market watchdog warned that corporations may be fined for failing to boost shareholder returns over time.

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North Korea Continues to Secretly Send Vast Amounts of Artillery Shells to Russia for War, South Korea Says

North Korea has delivered millions of artillery shells to Russia, according to South Korea’s defense minister.

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In South Korea, Companies Are Paying Workers up to $75,000 to Have Babies

Some companies in South Korea are giving employees up to $75,000 bonuses to have babies.

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South Korea Orders Protesting Doctors to Return to Work or Face Legal Action

South Korea has ordered thousands of protesting physicians to return to work immediately.

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North Korea Junks All Economic Cooperation Deals With South Korea as Kim Jong Un Claims Legal Right to Destroy South

North Korea Junks All Economic Cooperation Deals With South Korea as Kim Jong Un Claims Legal Right to Destroy South

North Korea has junked all deals with South Korea on promoting economic cooperation as the ties between the neighboring countries continue to deteriorate.

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Russia Warns Japan, South Korea Over Moves to Help Ukraine as US Unveils New Military Aid Package for Kyiv

Russia Warns Japan, South Korea Over Moves to Help Ukraine as US Unveils New Military Aid Package for Kyiv

Russia has expressed anger over Japan's move to help Ukraine and South Korea's economic sanctions against Moscow.

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Protestors from South Korea Asks For President Park’s Resignation

A battalion of enraged South Koreans protested last Saturday in Seoul, pushing Park Geun-hye to issue his official resignation as the country’s president.

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China’s Anbang Acquired Allianz’s South Korea Operations After Dropping Its Bid for Starwood Hotels

Anbang Insurance is acquiring Allianz’s operations in South Korea after dropping its offer to buy Starwood hotels. The deal is waiting for approval from South Korea’s financial regulator.

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McDonald’s Expands More New Restaurants in Asia

McDonald’s is planning to extend its fast food empire to Asia by opening additional restaurants in Hong Kong, South Korea and China. It is also seeking strategic partnership in Japan and Taiwan.

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Korean Venture Capital Firms Gaze at Overseas Biotech Companies

South Korean venture capital firms are eyeing overseas biotech industry to accelerate investment goals. At the sametime, tech startups in Korea also began to flourish.

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McDonald's Soon to Serve Draft Beer in South Korea

McDonald's is about to launch its experimental outlet in Seoul, South Korea, with draft beer. The fast-food giant has taken its first steps to introduce the concept of beer with hamburgers in Asia, having added this beverage long time back in its German, French, and Spanish outlets. If the Asian people embrace this concept, McDonald's is ready to open up two more similar outlets in Gangnam and Sinchon.

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South Korea Ambitions to Become Regional Hub for Tech Startups, Started to Blossom

Since her 2013 inauguration, president Park Geun-hye tried to enhance startups company and investing $3 billion. Now country starts to see the payoff of its initiative. One last hurdle is to change the people's mindset on entrepreneurship.

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