South Korea’s increasing US investment mutually beneficial: report
The US accounted for 43.7 percent of Korea's overseas direct investment, or $27.7 billion in 2023, led by Korean companies in the secondary battery and chips industry proactively…
Park Han-na
South Korean investment in US almost doubles from pre-pandemic: report
Large conglomerates like Samsung Electronics, SK hynix and Hyundai Motor have built or plan to establish facilities in the US portion of North America's so-called Auto Alley area…
South Korea, Japan finance chiefs vow to tame rampant FX market volatility
The Korean won slid to the 1,400 won level against the greenback for the first time in 17 months, while the yen set a fresh 34-year-low amid prospects that the US Federal Reserve…
Finance chiefs of Korea, US, Japan to hold 3-way talks for first time
Amid the growing tensions in the Middle East due to Iran's retaliatory attacks on Israel, eyes are on whether the financial chiefs of the three countries will jointly respond to…
More women break glass ceiling on South Korea’s financial group boards
Following shareholders‘ meetings held in March, the number of female board directors at Korea’s four major bank holding companies increased to 10 from seven last year.
New parents in South Korea to get greater chance at buying home
Households with a child younger than 2 years old, including those with an adopted child or expectant mother, will be eligible to apply for a specialised and prioritised housing…
New marriages bounce back in South Korea buoyed by foreign spouses
The number of international marriages stood at 19,700 in 2023, taking up 10.2 percent of the total number of newlywed couples—193,700—tallied last year, according to…
South Korea no longer a land of workaholics: Study
This is a dramatic decline compared with data tallied in 2002, when those who worked 50 hours a week accounted for nearly half of the total labor force at 47.9 percent and 42.6…
South Korea to set up commission to combat supply chain disruptions
Together with the Ministry of Foreign Affairs, the Korea Customs Service and the Public Procurement Service, authorities will work to identify risks to supply chains that are…
Green growth cements Korea-Indonesia ties
South Korea, a global powerhouse in science and technology, and Indonesia, one of the fastest-growing economies with large mineral reserves, mark half a century of diplomatic…