On March 10, the so-called “Yellow Envelope Law,” an amendment to the Trade Union and Labor Relations Adjustment Act, officially took effect, triggering immediate debate and operational uncertainty across South …
The Korean won’s two-month rebound extended further, climbing more than 200 won against the US dollar. On July 7, the exchange rate briefly touched the mid-1,330 won per dollar level, …
Headline: Government to Merge Korea National Oil and Gas Corporations into Single Energy Resource Company The government announced on September 3 that it will combine the Korea National Oil Corporation …
The government’s recent youth policy package, unveiled on April 28, seeks to deepen incentives for families and young workers to relocate from the Seoul metropolitan area to regional cities. In …
Demand for household general loans in South Korea surged to its highest level in six years during the second quarter, even as commercial banks tightened their lending standards, the Bank …
A new analysis of Korean seniors’ incomes shows a rapid shift from reliance on family support to public pensions as the cornerstone of their livelihoods. According to a report released …
President Trump announced on Truth Social that he has instructed Defense Secretary Mark Esper to “drastically reduce” the upcoming US–South Korea joint exercises, arguing they send an inappropriate and hostile …
Seizure-protection deposit accounts designed to shield basic living subsidies and pensions from creditor claims have seen rapid uptake, with nearly 1.3 million accounts opened at six major banks and two …
Over the past year, the Porsche Cayenne emerged as the best-selling pre-owned model on KB Capital’s used-car trading platform, KB ChaChaCha. An analysis of transactions from August of last year …
The Korea Fair Trade Commission has granted final approval for the merger of Korea Railroad Corporation (Korail) and SR, the operator of SRT high-speed trains. Under the terms of the …
