Regulators are investigating a 44.5 billion won ($30 million) hack at Upbit, Korea’s largest cryptocurrency exchange, and say early evidence points to Lazarus, the North Korean hacking unit blamed for …
Over 120,000 home cameras hacked in South Korea for ‘sexploitation’ footage
Four people have been arrested in South Korea for allegedly hacking more than 120,000 video cameras in homes and businesses and using the footage to make sexually exploitative materials for an …
US Commerce chief confirms South Korea’s 15% tariff rate retroactive to November 1
U.S. Commerce Secretary Howard Lutnick on Monday confirmed that the general tariff rate on imports from South Korea, including on autos, would drop to 15% retroactive to November 1 because South Korea …
Public confidence in South Korean economy hits highest level since 2017
By bno – Busan Office South Korea’s consumer sentiment experienced a significant uplift in November, reflecting greater public optimism about the nation’s economic trajectory. This positive shift led …
South Korea’s inflation remains at 2.4% in November
Policymakers in South Korea are struggling to manage inflation because prices are not declining as quickly as they had hoped. The Ministry of Data and Statistics stated that inflation increased to 2.4 …
South Korean ambassador says Georgia ICE raid won’t negatively affect relationship with U.S.
ATLANTA — The South Korean Ambassador to the United States described the ICE raid at a Hyundai electric vehicle plant in Georgia as a “shock” to her nation, but emphasized that it has not damaged relations between South Korea, the U.S., and the state of Georgia.
At trial of South Korea’s Unification Church head, prosecutors allege luxury bribes
The trial of the head of South Korea’s Unification Church started on Monday, with prosecutors portraying Han Hak-ja as keen to exert political influence and accusing her of using Chanel bags to bribe former First Lady Kim Keon Hee.
Massive South Korea breach exposes nearly 34 million customers’ data
South Korea’s largest online retailer, Coupang, has apologised for a massive data breach potentially involving nearly 34 million local customer accounts. The country’s internet authority said that it …
South Korea special prosecutor indicts Seoul mayor for violating political funding law
A South Korean special prosecutor has indicted Seoul’s mayor, Oh Se-hoon, for violating political funding laws in connection with a scandal involving a power broker, the prosecutor’s team said on …
Azerbaijan, South Korea Spark Dialogue On Integrated Financial Management Systems (PHOTO)
Azerbaijan, South Korea Spark Dialogue On Integrated Financial Management Systems (PHOTO). BAKU, Azerbaijan, November 17. A South Korea–Azerbaijan IFMIS (Integrated Financial Management Information …