SEOUL – Nine people went missing as a fishing boat capsized in the waters off southwestern South Korea, Yonhap news agency reported on Sunday. A report was received at about 11:19 pm local time …
After Japan and Netherlands, the US goes after South Korea to block their chip trade with China
Traditionally, South Korea has a strong trade relationship with China, especially when it comes to tech and semiconductors. However, the US now wants South Korea to impose sanctions on China on …
South Korea court rejects temple’s claim to statue it says pirates pillaged
A South Korean court on Wednesday rejected a Buddhist temple’s claim to a statue that it said Japanese pirates looted in the 14th century, clearing the way for Japan to press for its return. The …
Defector Thae Yong-ho: South Korea should have its own nukes
Thae Yong-ho, the high-profile North Korean defector who became a politician in South Korea, said Thursday that Seoul should develop its own nuclear weapons despite Washington’s promise of extended …
South Korea Report: sales rise in January
Component shortages, particularly semiconductors, had eased significantly since the first half of last year Domestic sales by South Korea’s five main automakers combined rose 7% to 100,448 units in …
North Korea warns of ‘toughest reaction’ to allies’ drills
North Korea on Thursday threatened the “toughest reaction” to the United States’ expanding joint military exercises with South Korea to counter the North’s growing nuclear weapons ambitions, accusing …
S. Korea to root out ‘jeonse scam,’ support victims: finance minister
SEOUL, Feb. 2 (Yonhap) — South Korea’s finance minister said Thursday the government will work closely with related authorities to root out scams surrounding the country’s unique “jeonse” housing …
S. Korea to root out ‘jeonse scam,’ support victims: finance minister
SEOUL, Feb. 2 (Yonhap) — South Korea’s finance minister said Thursday the government will work closely with related authorities to root out scams surrounding the country’s unique “jeonse” housing …
South Korea rules stolen Korean Buddhist statue must return to Japanese temple where it was stolen
A South Korean Buddhist statue must return to Japan, according to the state court. However, a Korean temple claiming ownership of the 14th-century artifact may appeal the ruling.
Tax on property income in South Korea
A nonresident foreigner can hold Korean property through a ´limited liability company … deducting allowable expenses and losses carried over within five years. Korea has a self-assessment tax system …