A large number of US and South Korean forces will conduct live-fire drills in an area close to the border with North Korea.

Despite North Korea's warning that it won't accept such a hostile invasion rehearsal, South Korea and the US were about to launch huge live-fire drills along the border with North Korea. Despite North Korea's warning that it won't accept what it deems a hostile invasion rehearsal ...

South Korea is getting ready to bring the World Expo to Busan in 2030.

The inspections for the World Expo 2030 are coming up soon. South Korea is getting ready for the expo that will be held in Busan. The Busan Expo Bidding Committee held a meeting on Friday to talk about the country's chances of getting the expo. Now that World Expo 2020 is over, everyone is lo...

After the head of the main opposition party narrowly avoided arrest, the party was thrown into disarray.

After their leader, Lee Jae-myung, barely escaped arrest in Monday's National Assembly vote, the major opposition Democratic Party of Korea (DPK) is plagued by factional strife. Prosecutors requested his arrest on accusations of corruption and bribery, and some members of his own party voted ...

The W3tr subsidiary in Sweden, EQT Partners, will be purchased by the SK security firm.

SK will maintain its position as the joint operation's second-largest shareholder and has dismissed the possibility of a significant command shift. According to reports from Monday, South Korean security company SK Shield us will be acquired by EQT Partners, a private equity fund managed by S...

Researchers propose a novel approach to lessen garment discards.

On Wednesday, the Korea Research Institute of Chemical Technique announced the development of the world's first technology to recycle textile waste by turning unwanted fiber into useable materials. To separate recyclable components from textile waste, a team of scientists lead by KRICT senior...

The Korean Stock Market Is Expected to Raise in 2023, and You Need to Know How to Invest in It.

This closed-end fund has outperformed its benchmark over the past decade and trades at a significant discount of almost 15%. The expense ratio is also reasonable. When compared to international stock markets, Korean stocks have a forward price-to-earnings ratio that is relatively low. In addition...

Get the look of the most fashionable Koreans with the help of these apps.

"My first impression is that Korean people are incredibly fashion-forward," Sofa Basuto, an American exchange student at Korea University, remarked. However, if you start looking, you'll notice that everyone is wearing very similar clothes and sticking to a narrow colour palette. Ma...

North Korea launches ballistic missiles in response to US-South Korea drills.

North Korea fired two short-range ballistic missiles toward its eastern waters on Friday, according to South Korea's military, its latest weapons display following days of joint drills between US and South Korean warplanes that North Korea views as an invasion rehearsal.

South Korea...

Financial equities are expected to rise as investors anticipate higher dividends.

Following this year's strong profits growth, financial equities in the region are expected to rise on rising expectations of substantial dividends. According to market observers, the financial watchdog agency's decision to decrease its participation in the shareholder return plans of bank...

Yoon is under pressure to fire the interior minister and police chief in the aftermath of the Itaewon incident.

During a National Assembly audit of the presidential office on Tuesday, the main opposition Democratic Party of Korea (DPK) increased pressure on the presidential office to replace Cabinet members, including the interior and safety minister, and ranking police officers for their inadequate respon...

The Lego crisis has hit the corporate world hard.

Industry authorities said Tuesday that the difficulty large enterprises have in raising capital is directly related to the default in project financing for the development of the Legoland Korea entertainment park in Gangwon Province.

Affiliates of the SK, Lotte, and Hyosung groups raise...

It's like looking for a needle in a desert for non-natives trying to track down missing loved ones.

At least 154 people were murdered and hundreds more were injured in a mob crush on Saturday night at Itaewon Station, and many more people are still missing. An Iranian guy stared in shock in front of a memorial altar set up nearby.

There, he would offer condolences to the families of h...

3 years after the "No Japan" boycott, attitudes toward Japan are beginning to change

At least among the general public, the iced-over relationship between South Korea and Japan appears to be thawing.

Positive opinions of Japan among Koreans have returned to levels last observed in 2019, when Japan imposed trade restrictions on Korea due to past disputes and S. The "...

The Hanwha Group aims to develop its commercial operations in Australia

Due to the expanding defence collaboration between South Korea and Australia, Hanwha Group has indicated considerable interest in investing and commercial potential in the Australian market.

The move follows the signing of a major defence contract between Hanwha Defense Australia, a def...

SAMSUNG & KT LAUNCH SOUTH KOREA’S FIRST COMMERCIAL 5G SA NETWORK

Highlights

• After this announcement, these two companies have been prepping up for the 5G SA launch via multiple tests and trials in KT’s major offices and in urban areas

Samsung Electronics and KT Corporation (KT) have jointly launched South Korea’s first co...

MORE TIGHTER CURBS IN SOUTH KOREA SAYS PRIME MINISTER KIM BOO-KYUM

Highlights

• This move follows imposition of a semi-lockdown in the greater Seoul area.

• The President Moon Jae-in government on Monday imposed its toughest level of social distancing curbs in the greater Seoul area

According to a statement issued by South...

LEE-JUN SEOK OF SOUTH KOREA’S BIGGEST OPPOSITION PARTY SAYS GEN-NEXT TO HAVE ZERO TOLERANCE TO CHINA’S CRUELTY

Highlights

• In an interview with Bloomberg, Lee said generational change is taking place

• Lee said “We’re definitely going to have to fight against the enemies of democracy.”

Newly installed leader of the People Power Party, the biggest ...

SOUTH KOREA CELEBRATE SUPPORT OF INDIANS IN KOREAN WAR

Highlights

• The commander of the 60th Parachute Field Ambulance of the Indian Army who treated over two lakh patients during the Korean War (June 1950 to July 1953)

The South Korean government has celebrated India’s first paratrooper Lt Col AG Rangaraj as the &lsqu...

SOUTH KOREA CONTINUES TO REPORT HIGHER NUMBER OF COVID-19 CASES

Highlights

• Despite implementing several preventive measures, the country lagged behind in terms of vaccinations and this is the primary reason behind resurgence of the virus

• Most of the infections are reported from areas where there schools, offices and shopping ...

TO TACKLE AGING SOCIETY & DECLINING POPULATION, SOUTH KOREA IS WELCOMING MORE FOREIGNERS

Highlights

• As per the plans, the Justice Ministry is considering in an attempt to create a new residency visa for remote working foreigners in IT and other cutting-edge technologies

In an attempt to deal with issues like falling number in the population and aging societ...