Prosecutors have summarily indicted a former foreign ministry employee on charges of attempting to sell BTS member Jungkook’s lost hat online for 10 million won ($7,950), legal sources said …
South Korean court orders government to pay Vietnamese woman who survived gunshot during the Vietnam War
A Vietnamese woman was shot when South Korean marines rampaged through her village during the war in 1968. A court in South Korea ordered the government to pay the woman $24,000.
South Korea’s Kakao buys 9.05% stake in K-Pop giant SM Entertainment worth $172.8m
Kakao’s investment in SM Entertainment comes a month after Kakao Corp subsidiary Kakao Entertainment secured 1.2 trillion South Korea Won (approx $966m) investment from what it …
In a First, South Korea Is Ordered to Compensate a Vietnam War Victim
A court ruling held that South Korean troops were responsible for a civilian massacre that killed more than 70 villagers in Vietnam during the war.
Court says South Korea responsible for Vietnam War massacre
A South Korean court on Tuesday ordered the government to pay 30 million won ($24,000) to a Vietnamese woman who survived a gunshot wound but lost several relatives when South Korean marines rampaged …
South Korea Issues Guidelines for Regulating Security Tokens as Legislation Looms
Financial regulators in South Korea are working to bring security tokens into the scope of the country’s capital markets rules.
Food company Dongwon pushes to acquire McDonald’s Korea
SEOUL, Feb. 6 (Yonhap) — Dongwon Group, a major South Korean food company, is pushing to acquire McDonald’s Korea, industry sources said Monday, in the food maker’s push to strengthen its restaurant …
South Korea boat capsizes, 9 fishermen missing
Nine fishermen remain missing after a 24-ton South Korean vessel capsized off the country’s southwestern coast Saturday evening, authorities said.
South Korea’s Economy Faces Rising Headwinds In 2023
The South Korean economy slowed significantly during the second half of 2022, with GDP contracting by 0.4% quarter-on-quarter (q/q) in the fourth quarter of 2022.
9 missing after fishing boat capsizes in South Korea
South Korean coast guard vessels and aircraft are searching in waters off the country’s southwestern coast for nine fishermen who disappeared after their boat capsized …