This story is part of Forbes’ coverage of Korea’s Richest 2023. See the full list here. While South Korea’s export-dependent economy grew 2.6% in 2022, its stock market was one of the worst performers in Asia over the past 12 months. The benchmark …
South Korea Signals Trouble Throughout Asia’s Economy
Economic news from South Korea sounds an ominous note. Declining exports to the United States, Europe, and China make for the strong likelihood that this important Asian economy has entered recession for the first time since the Covid pandemic.
‘Used 120 tonnes of water in 5 days’: Chinese couple take revenge on Airbnb host in South Korea who refused to cancel booking by leaving taps running, lights and gas on
A Chinese couple angered by an Airbnb host’s refusal to cancel booking wasted water, electricity and gas while spending on other expenses, costing the host more than US$1,570 The host says Airbnb …
U.S., South Korea, Japan hold missile defense drills in response to N. Korea
The United States, South Korea and Japan held a trilateral naval missile defense exercise on Monday, the South Korean navy announced, days after North Korea launched its newest intercontinental ballistic missile.
‘Used 120 tonnes of water in 5 days’: Chinese couple take revenge on Airbnb host in South Korea who refused to cancel booking by leaving taps, lights and gas on
A Chinese couple angered by an Airbnb host’s refusal to cancel booking wasted water, electricity and gas costing more than US$1,570 The host says Airbnb refused to help resolve the case and after the …
Why Reality Shows Like ‘Physical 100’ Are Surging in South Korea and the World
Is it time for South Korea’s TV drama series to move over and make way for Korean unscripted entertainment — namely game shows and reality shows? While 2003 drama series “Jewel in the Palace,” or the more recent “Crash Landing on You,
Pentagon leak details reservations for support of Ukraine from U.S. allies Egypt, Israel and South Korea
Leaked secret U.S. documents reveal that support for Ukraine among U.S. allies was a harder sell than the Biden administration acknowledged.
US, Japan, South Korea to hold missile defence exercises to deter North Korea threat
The United States, Japan and South Korea said in a joint statement they discussed the regularisation of missile defence and anti-submarine exercises to deter and respond to North Korea’s nuclear and missile threats.
South Korea tour bus carrying Israeli visitors crashes, killing 1 and injuring 34 others
A bus carrying dozens of Israeli tourists traveling in South Korea crashed on a slope as the driver was shifting gears. A 62-year-old woman died in the incident.
South Korea is paying ‘lonely young people’ $500 a month to re-enter society
Some South Korean youth are so cut off from the world, the government is offering to pay them to “re-enter society.”