In the deadliest air disaster ever on South Korean soil, a plane belonging to budget airline Jeju Air crashed at the country’s Muan airport on Dec. 29, killing all but two of the 181 passengers and crew members on board.
1 in 3 S Korean exporters expect worsening business conditions in 2025: survey
More than one out of three export companies in South Korea anticipate deteriorating business conditions this year amid increased tariff concerns and foreign exchange woes, a survey showed Tuesday.
S. Korean business delegation to visit U.S. for talks on cooperation under Trump
A South Korean business delegation led by SK Group Chairman Chey Tae-won plans to visit the United States for discussions on bilateral economic cooperation under the second Donald Trump administration …
Potential offshore oil and gas prospects found in South Korea
Act-Geo reported these findings to the Korea National Oil Corp. (KNOC), indicating potential deposits ranging from 680 million barrels to 5.17 billion barrels (bbbl) of oil and gas equivalent, as …
Cold wave slashes retail property auction success rates in South Korea
Cold wave slashes retail property auction success rates in South Korea Retail space auctions struggle as economic challenges diminish buyer interest in South Korea …
Bankruptcy rise puts South Korea’s IBs to test
South Korea’s prolonged economic downturn and rising corporate bankruptcies are challenging investment banks in Yeouido’s financial district this year. As demand for corporate financing rises and the …
SECDEF Hegseth Affirms U.S. Commitment to Japan, South Korea During Defense Chief Calls
U.S. Secretary of Defense Pete Hegseth made introductory phone calls on Friday to Japan Defense Minister Gen Nakatani and Acting South Korea Minister of National Defense Kim Seon-ho to reaffirm the U.
N. Korea says U.S. arms aid cannot ‘save’ S. Korea from strategic deficiency
North Korea on Sunday accused the United States of stepping up weapons aid to allies in what it called an attempt to cement its hegemonic status, saying such weapons provisions are still not sufficient to “save” South Korea from a strategic deficiency.
Who is Lee Jae-myung, South Korea’s possible next president?
W HEN SOUTH KOREA’S president, Yoon Suk Yeol, sent troops streaming into the country’s National Assembly on December 3rd, Lee Jae-myung turned on his livestream. Viewers watched on a shaky smartphone camera feed as the head of the country’s largest opposition force,
Passenger plane catches fire in South Korea prompting mass evacuation, three injured
An Airbus plane belonging to South Korean carrier Air Busan caught fire on Tuesday at Gimhae International Airport in the country’s south while preparing for departure to Hong Kong, fire authorities said.