Korea

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President Lee Jae-myung to Decide on Special Pardon for Former Minister Cho Kuk Tomorrow
Kim Jisun 08/11/2025 03:30 AM
Photo courtesy of Yonhap News[Alpha Biz= Kim Jisun] President Lee Jae-myung will convene an extraordinary Cabinet meeting on Augus ...

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Korean Government Considers Business Suspension Even for Single Industrial Accident Fatality
Kim Jisun 08/08/2025 03:22 AM
Ministry of Employment and Labor (Photo: Yonhap News)[Alpha Biz= Kim Jisun] In response to a recent string of fatal industrial acc ...

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U.S. Hedge Fund Invests KRW 350 Billion in Korean Stock Market via Local Asset Manager
Kim Jisun 08/07/2025 03:39 AM
Korea Exchange Headquarters(Photo courtesy of Korea Exchange)[Alpha Biz= Kim Jisun] Millennium Management, a prominent U.S.-based ...

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South Korea to Overhaul Business Regulations by Company Size to Enhance Corporate Vitality
Paul Lee 08/06/2025 07:55 AM
Photo courtesy of Yonhap News[Alpha Biz= Paul Lee] On August 5, the Ministry of Economy and Finance of South Korea announced plans ...

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Korean Government and Ruling Party to Restore Corporate Tax Rate to 25% and Tighten Capital Gains Rules
Paul Lee 07/30/2025 03:16 AM
Photo courtesy of Yonhap News[Alpha Biz= Paul Lee] SEOUL – South Korea’s government and the Democratic Party announced on July 29 ...

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Deputy Prime Minister Koo Yun-cheol to Visit Washington, D.C. for Final Trade Talks with U.S. Treasury Secretary Scott Bessent
Kim Jisun 07/29/2025 04:22 AM
South Korea’s Deputy Prime Minister and Minister of Economy and Finance Koo Yun‑cheol (Photo courtesy of Yonhap News)[Alpha Biz= K ...

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Postponement of Korea-U.S. 2+2 Trade Talks Raises Concerns Over Tariff Agreement Before August 1 Deadline
Kim Jisun 07/25/2025 12:37 AM
Photo courtesy of Yonhap News[Alpha Biz= Kim Jisun] Seoul, July 24, 2025 – The Korea-U.S. “2+2 Trade Dialogue,” originally schedul ...

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Man Arrested for Killing Son with Homemade Gun During Birthday Celebration in Songdo, Incheon
Kim Jisun 07/23/2025 03:59 AM
Ammunition and flammable materials found at the home of the father who killed his son with a homemade firearm in Songdo, Incheon. ...

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Over 1,500 Financial Supervisory Service Staff Oppose Plan to Separate Consumer Protection Bureau
Paul Lee 07/22/2025 07:34 AM
Photo courtesy of Yonhap News[Alpha Biz= Paul Lee] More than 1,500 staff members at South Korea’s Financial Supervisory Service (F ...

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KORAIL Suspends Train Services on Southern Lines Due to Heavy Rain
Kim Jisun 07/21/2025 03:27 AM
Photo = Yonhap news [Alpha Biz= Kim Jisun] Seoul, South Korea – July 19, 2025 — Korea Railroad Corporation (KORAIL) announced a re ...

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Korean Government Wins Appeal in UK Court Over $100 Million Payout to Elliott Management
Kim Jisun 07/18/2025 07:32 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] The Korean government has won an appeal in a legal battle against U.S. hedge fund Elliot ...

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Special Prosecutor Summons Key Figures in Highway Route Change Probe Involving First Lady Kim Keon-hee
Kim Jisun 07/16/2025 03:43 AM
Kim Keon Hee, wife of former President Yoon Suk Yeol. (Photo = Yonhap News)[Alpha Biz= Kim Jisun] The special prosecutor team led ...

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Special Counsel to Summon Top Korean Business Leaders in Connection with ‘Butler Gate’ Scandal
Kim Jisun 07/15/2025 03:51 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] Seoul, July 14, 2025 — CEOs from several major South Korean corporations — including Bri ...

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Ministry of Justice Denies Claims Former President Yoon Suk-yeol Is Being Denied Outdoor Exercise in Detention
Kim Jisun 07/14/2025 03:37 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] South Korea’s Ministry of Justice has refuted claims made by the legal team of former Pr ...

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South Korea's Total Market Capitalization Surpasses KRW 3,000 Trillion for the First Time
Paul Lee 07/11/2025 05:19 AM
Photo = Yonhap news[Alpha Biz= Paul Lee] For the first time in history, the combined market capitalization of companies listed on ...

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Special Prosecutor Seeks Arrest Warrant for Former President Yoon Suk-yeol in December 3 Martial Law Probe
Kim Jisun 07/07/2025 03:01 AM
Photo = Yonhap news[Alpha Biz= Kim Jisun] On June 6, the special investigation team led by Special Prosecutor Cho Un-seok official ...

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South Korea Launches Joint Investigation into Potential Pollution from North Korean Uranium Plant
Kim Jisun 07/04/2025 03:09 AM
Planned Sampling Sites for the Joint Special Inspection by Government Ministries. (Source: Relevant Government Agencies) [Alpha Bi ...

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Hyundai Rotem Finalizes Second K2 Tank Export Deal with Poland, Estimated at $6.5 Billion
Kim Jisun 07/03/2025 03:11 AM
[Alpha Biz= Kim Jisun] South Korea’s Hyundai Rotem has concluded a second export contract for K2 main battle tanks with the Polish ...

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South Korea Approves Industrial Complex Plan for Naju Energy National Industrial Complex
Paul Lee 07/02/2025 07:17 AM
Exterior view of the Korea Institute of Energy Technology (KENTECH) in Naju, South Jeolla Province, taken on the afternoon of June ...

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President Lee Jae-myung Nominates Tax Expert Lim Kwang-hyun as National Tax Service Commissioner
Paul Lee 06/27/2025 08:34 AM
Democratic Party Rep. Lim Kwang‑hyun Nominated for National Tax Service Chief (Photo = Yonhap news) [Alpha Biz= Paul Lee] On June ...