The Minute to Read (Weekend) series provides a quick overview of significant events in Korea from the week, conveniently condensed into a one-minute read. Here’s a recap of what happened this week: …
US bases in South Korea recover after snowstorm spurs closures, travel restrictions
Only mission-essential personnel are to report to work at Camp Humphreys and Osan Air Base as a winter storm is expected to bring 3 to 5 inches of snow by noon Friday.
Alchemy Pay gains South Korea e-finance registration with EZPG deal
Through this partnership, Alchemy Pay enhances its capabilities to support the ‘seamless’ exchange of crypto assets.
Commander of South Korean special forces unit says he was asked to help Yoon’s martial law bid
SEOUL: The commander of a crack South Korean special forces unit told a court on Thursday (Feb 6) he had been asked by a superior officer how to cut electricity to parliament during last year’s failed
Carmaker Kia becomes latest global firm to face tax trouble in India
Indian tax authorities have sent a confidential notice to South Korean car maker Kia Motors accusing it of evading millions of dollars in taxes. The amount could be as high as $155m (£125m) and the …
South Korea’s SK Innovation expects 2025 refining margins to remain flat
SK Innovation Co Ltd, owner of South Korea’s top refiner SK Energy, said it expects refining margins to remain flat in 2025 due to rising jet fuel demand, despite production increases expected in countries such as the U.
South Korea’s Industry Ministry Temporarily Bans Access to DeepSeek on Security Concerns, Official Says
SEOUL (Reuters) – South Korea’s industry ministry has temporarily banned employee access to Chinese artificial intelligence startup DeepSeek due to security concerns, a ministry official said on …
South Korea’s ex-defence minister calls protesters who stormed court ‘patriots’
A former South Korean defence minister charged with insurrection over his role in a short-lived martial law declaration has praised protesters who stormed a court over last month’s decision to extend …
Editorial: South Korea should strengthen ties in U.S.-Japan-South Korea AI alliance
OpenAI CEO Sam Altman, facing intensifying competition from China’s artificial intelligence (AI) sector, visited South Korea to explore potential collaborations with Samsung Electronics Executive …
Exclusive: India accuses Kia of evading taxes of $155 mln in VW-like dispute
India has accused South Korea’s Kia of evading taxes of $155 million by misclassifying component imports but the carmaker has denied wrongdoing, the latest fight by a foreign automaker with New Delhi …