South Korean media reported that the prime minster and top presidential advisers have offered to resign after their government’s parliamentary election defeat. South Korean media outlets including …
ADB maintains S. Korea’s 2024 growth forecast at 2.2 pct
The Asian Development Bank (ADB) kept its outlook for South Korea’s economic growth this year unchanged at 2.2 percent and the forecast for the country’s inflation at 2.5 percent, Seoul’s finance …
South Korea opposition set to win election
The Democratic Party in South Korea is set to strengthen its majority in parliament, with nearly all votes counted from Wednesday’s election. Together with its smaller ally, it is on course to win …
Too busy for politics? S. Korea’s young voters on what motivates them
High youth unemployment, feuding politicians and a cost of living crisis: young South Korean voters told AFP what was on their minds as they voted — some for the first time — in elections Wednesday.
Exit polls suggest a big win by South Korea’s liberal opposition parties in parliamentary election
South Korea’s liberal opposition parties were expected to win a landslide victory in Wednesday’s parliamentary election, initial exit polls suggested, a result that if confirmed would make …
Exit polls suggest a big win by South Korea’s liberal opposition parties in parliamentary election
South Korea’s liberal opposition parties were expected to win a landslide victory in Wednesday’s parliamentary election, initial exit polls suggested, a result that if confirmed would make …
Competition to become Korea’s 4th online-only bank heats up
The race to receive a license to become South Korea’s fourth internet-only bank is growing fiercer, with four bidders having announced their will to contend. There are currently three online lenders …
Leading German Auto Finance Company Goes Live with Full NFS Ascent Suite to Support Operations in South Korea
Inc. (Nasdaq: NTWK), the global leader in delivering state-of-the-art solutions for the asset finance and leasing industry, has announced the go-live of its next-generation platform NFS Ascent for a …
Yoon Faces Rebuke In Divisive South Korea Vote
South Koreans head to the polls Wednesday in parliamentary elections seen as a referendum on President Yoon Suk Yeol after a polarising campaign focused largely on resentment, personalities — and …
South Korea to invest $7 billion in AI in bid to retain edge in chips
The announcement, which also includes a separate 1.4 trillion won fund to foster AI semiconductor firms, comes as South Korea tries to keep abreast with countries like the United States, China and …