A Lewis and Clark dry cargo ship departed Hanwha Ocean’s Geoje shipyard on Wednesday, marking the completion of South Korea’s first maintenance, repair and overhaul (MRO) service of an American naval vessel amid the Navy’s efforts to find yards in the Indo-Pacific to repair ships in theater.
Paradise Co to invest nearly US$400mln to build new Seoul hotel, announces financing
Paradise Co Ltd, an operator in South Korea of foreigner-only casinos, announced on Wednesday a plan to invest KRW575.0 billion (US$396.4 million) to build a new hotel in eastern Seoul’s Jangchung …
Korea to revamp inheritance tax for 1st time in 75 years
Individual shares to be taxed separately, ending decadesold estate-based system South Korea is planning to overhaul its inheritance tax system in 2028, shifting from a tax on entire estates to a levy …
South Korea’s education spending drops for first time since pandemic
As consumer sentiment weakens, South Korean households are cutting back on education expenses—typically one of the last areas to be reduced. Card spending on education services declined year-on-year …
Warburg Pincus, SK D&D to invest in senior housing in South Korea
Warburg Pincus, SK D&D, and D&D Investment has formed a partnership to invest in the senior housing market in South Korea.
North Korea fires missiles after US, South Korea military drills
The launch happened hours after South Korean and U.S. troops kicked off their large annual combined drills, which the North views as an invasion rehearsal.
Analysis: Can South Korea become alternative to China for global firms?
Yoo Jang-hee, honorary professor at Ewha Womans University in Seoul, said that South Korea should do something to deal with the militant trade union.
Chinese-language flags at South Korean rally reignite baseless ‘infiltration’ claims
As South Korean President Yoon Suk Yeol’s impeachment trial drew to a close, footage of protesters waving flags with Chinese characters was misrepresented in social media posts as evidence of a communist plot against the disgraced leader — who had cited the threat of communist forces while defending his imposition of martial law.
China’s six-year-olds are already being offered AI classes in school in a bid to train the next generation of DeepSeek founders
Other countries like Estonia, England, Canada, South Korea, and America are training students too.
North Korea fires several ballistic missiles into sea after US, South Korea began military drills
South Korea’s Joint Chiefs of Staff said the missile firings, North Korea’s fifth missile launch event this year, were detected from the North’s Hwanghae province …