From US to Scotland, South Korea chases last-minute deal to dodge tariff hit
Samsung chief joins Seoul’s negotiation efforts as tariff clock ticks down.
Park Han-na
Power struggle over reforms rattles South Korea’s financial agencies
Bank of Korea seeks greater authority over macrofinancial policy, stoking tensions with regulators.
Seoul mulls tax cut on dividends to spur payouts, investment
The current high tax burden discourages investors, especially large shareholders, many of whom are also company insiders or top executives, from accepting dividend payouts. This…
South Korea’s per capita GDP set to fall below 2022 levels: IMF
Asia's fourth-largest economy on track to be surpassed by Taiwan next year.
South Korean economy shrinks again in Q1
The weaker-than-expected GDP figure increases the likelihood that Asia’s fourth-largest economy will fall short of the central bank’s full-year GDP growth forecast of 1.5…
South Korea’s top policymakers to visit US next week amid push for tariff relief
Seoul treads carefully as Washington proposes linking trade relief to military and energy deals.
Indonesia tightens rules on foreign banks, targeting Korean financial firms
Korean lenders are under pressure from Indonesian financial authorities to establish local holding companies.
South Korea ups ante in chips, AI with US$34.4 policy financing
A new visa initiative is expected to boost the country’s high-tech workforce with global talent.
Live well, die well: As South Korea ages, investors turn to funeral services
The funeral services market has been rapidly evolving, with nearly two in 10 South Koreans (8.92 million people) subscribed to prepaid funeral plans as of 2024.
South Korea no longer a land of workaholics, study suggests
Share of South Koreans working over 50 hours down 75% in 20 years.