4+ day, 1+ hour ago   (277+ words) Eleven months after concluding a tariff deal with the US in October 2025, the South Korean government is pursuing a plan to send the US its first investment sum of US$2.2 billion or more by the end of September, the Hankyoreh…...

4+ day, 1+ hour ago   (795+ words) Korea’s nominal GDP surged 26.4% year on year in the second quarter, its fastest growth in 47 years, fueled by a boom in semiconductor exports. Per capita national income is also predicted to easily exceed US$40,000 this year. On Tuesday, the Bank…...

6+ day, 1+ hour ago   (706+ words) The head of the Korea Fair Trade Commission blasted Coupang’s recent refusal to cooperate with its investigation into alleged abuse of its position as a large retailer. “The Act on Fair Transactions in Large Retail Business is the last line…...

6+ day, 1+ hour ago   (133+ words) Hankyoreh: English Edition Generational wealth? Nearly 200 Korean preschoolers are already landlords - · Career uncertainty leads half of unemployed young Koreans to report feeling burnt out - · Lee signals tougher property tax rules for high-value and multiple property owners - · Korea’s per capita household…...

1+ week, 4+ day ago   (986+ words) The Korean government has drawn up an 820.9 trillion won (US$601 billion) budget proposal for next year, up 12.8% from this year’s original budget. The increase of 93 trillion won is the largest on record in both absolute and percentage terms, marking the…...

1+ week, 4+ day ago   (656+ words) South Korea’s exports once again approached the US$100 billion mark in August, driven by record semiconductor shipments of nearly US$46.7 billion. Cumulative exports through August reached US$693.3 billion, putting the country on track to potentially surpass US$1 trillion in annual…...

2+ week, 5+ day ago   (607+ words) More than half of South Korea’s pension recipients aged 65 and over receive less than 500,000 won (US$360) a month, according to government statistics released Tuesday. The data also showed stark disparities in pension payments by gender and homeownership, while pension enrollment…...

2+ week, 5+ day ago   (510+ words) “It’s a trap. When a foreign company imposes fines on a US company, the CEO — Sundar Pichai or Tim Cook — calls Donald Trump and has him threaten that company with trade sanctions, and treats those fines as attacks,” Epic Games…...

3+ week, 4+ day ago   (734+ words) South Korea’s household credit surpassed 2 quadrillion won (US$1.4 trillion) for the first time, as a surge in housing-related borrowing and stock investment drove the biggest quarterly increase in household debt since 2021. Household credit, a broad measure of household indebtedness that…...