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Tag: South Korea

Posted on April 19, 2026

South Korea’s prisons overflow despite population decline

In the era of a population cliff, there is a place in South Korea that is the most crowded: prisons. The total capacity of 54 correctional facilities nationwide, including prisons and detention …

( read original story …)



Posted on April 19, 2026

Finance chiefs of S. Korea, US share view Korean won’s excessive volatility is not desirable

The finance chiefs of South Korea and the United States have shared the understanding that the Korean currency’s excessive volatility against the US dollar is n …
Posted on April 19, 2026

South Korea, US agree that Korean won’s excessive volatility not desirable

SEOUL, April 19 (Reuters) – South Korean Finance Minister Koo Yun-cheol and U.S. Treasury Secretary Scott Bessent agreed that excessive volatility in the Korean won was not desirable and that they …
Posted on April 19, 2026

South Korea’s prisons overcrowded amid crime surge

In the era of population cliff, the most crowded place in South Korea is the prison. The total capacity of 54 correctional facilities nationwide, including prisons and detention centers, is 50,614, …

( read original story …)



Posted on April 18, 2026

While You Are Watching Iran, South Korea’s Stock Market Is Going Absolutely Berserk

South Korea’s KOSPI delivered one of the strongest runs among major equity markets over the past year, yet almost no one outside Asia noticed because the news cycle was consumed by a war in the Middle …
Posted on April 17, 2026

South Korea Quick Commerce Report 2026: Market to Reach $7.54 Billion by 2029 – Baemin’s B-Mart and GS Retail Spearhead Growth through Dark-Store Innovation and Hyper-Local …

Key market opportunities in South Korea’s quick commerce include reduced delivery times with leading players offering 30-60 minute deliveries, leveraging physical retail as fulfillment nodes, …
Posted on April 17, 2026

South Korea’s largest labels have agreed to hold a single festival

HYBE, SM Entertainment, JYP Entertainment and YG Entertainment — have launched a joint venture to organize the global Fanomenon music festival. This was reported on April 16 by the South Korean …
Posted on April 17, 2026

South Korea launches blockchain payment pilot to curb misuse of public funds

The South Korean government has introduced a blockchain payment system aimed at stopping the misuse of public funds and modernizing its financial infrastructure. This is the second time the nation …
Posted on April 17, 2026

South Korea finance minister to meet US counterpart on Friday, Yonhap says

SEOUL, April 16 (Reuters) – South Korean Finance Minister Koo Yun-cheol will hold a meeting with U.S. Treasury Secretary Scott Bessent on Friday, the Yonhap News Agency reported. Here are some details …
Posted on April 16, 2026

South Korean President Lee to make state visits to India and Vietnam, Newsis reports

SEOUL, April 16 (Reuters) – South Korean President Lee Jae Myung will make state visits to India and Vietnam between April 19 and 24, the Newsis news agency reported on Thursday. Lee will first visit …

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