China is making fast inroads in the market for newbuild liquefied natural gas (LNG) tankers as local and foreign shipowners turn to its shipbuilders for the specialty vessels because long dominant …
Almost Everyone Is Becoming About a Year Younger in South Korea
South Korean lawmakers approved a measure that would revise the way the country tallies a person’s age, ending a system that counted newborns as a year old and meaning that most of its citizens are …
How Old Are You? South Korea Tries to Simplify What Should Be a Simple Question.
Three ways of calculating age coexist in South Korea, so lawmakers have passed a law uniting behind the world standard in an attempt to reduce confusion.
South Korea Passes New Law Making Everyone a Little Younger
As the rest of the world ages, South Koreans are getting younger.
UPDATE 1-Chief of South Korea’s SK Group told to transfer property of $51 mln in divorce
A South Korean court ordered the chairman of No. 2 conglomerate SK Group to transfer 66.5 billion won ($50.68 million) in a division of property, as part of a divorce ruling on Tuesday. It was not …
Korean firms plan $4 billion-plus battery plant in Georgia
Hyundai Motor Group and a South Korean battery maker say they will jointly invest $4 billion to $5 billion in Georgia to build a new electric battery plant …
Inside South Korea’s wild plan to dominate the metaverse
South Koreans love cryptocurrency and new technology and have unveiled an ambitious plan to achieve dominance in the metaverse.
Era of easy money ends for South Korea
South Korea’s Legoland is an unlikely poster child for the global struggle to fight inflation while maintaining financial stability.But a default on 205 billion won (US$155mil or RM682mil) worth of …
S. Korea sees easing disruption as truckers’ strike extends
Officials say South Korea’s economy is recovering from the initial shock of a nationwide walkout staged by thousands of cargo truckers, even as their strike reached its 14th day on Wednesday amid a …
Trump had a $19.8 million loan from a South Korean company he kept hidden when he became president, documents show
Donald Trump did not report an outstanding $19.8 million loan from South Korean conglomerate Daewoo while president, a new report claims.