Seoul wants to avoid a future in which intensifying tensions between Washington and Beijing spiral into regional catastrophe. But gone are the days where South Korea could depend on its traditional ally, the United States, for security and China, its largest trading partner, for economy.
Government to expand liquidity programs to calm corporate bond market
Korea's financial authorities announced plans to expand funding for liquidity programs to at least 50 trillion won ($35 billion) on Sunday in an effort to calm corporate bond market jitters.
Former defense minister, ex-Coast Guard chief arrested
Former Defense Minister Suh Wook and former Coast Guard Commissioner General Kim Hong-hee were arrested by prosecutors Saturday over their alleged mishandling of the death of a South Korean fisheries official killed by North Korean soldiers in September 2020.
Korea's 5G a flop as chicken-egg problem keeps speeds low
Korea crowed three years ago about beating the world to 5G. Now it's wondering what all the fuss was about. Services are slower than hoped for and not very useful, while the companies grumble about the high cost of installing the equipment that would get 5G to hit its headline numbers.
[WHY] The special rule of law in Korean family conflicts
A father steals millions of dollars and spends it all. No matter how many times the victim tries to sue him, he never gets punished. The victim, by the way, is the man's own son. Regardless of how long the dispute has been going on, the victim cannot legally ask the man for anything, not even a dollar — the sole reason being, he is registered as his father.
Close confidant of DP chief arrested over illegal political funds
A close confidant of Democratic Party (DP) chief Lee Jae-myung was arrested by prosecutors Saturday over allegedly receiving illegal political funds related to a corruption scandal.
Olympic gold medalist Kim Yuna and singer Ko Woo-rim wed Saturday
Olympic gold medalist figure skater Kim Yuna, 32, and singer Ko Woo-rim, 27, tied the knot on Saturday. The ceremony took place at Shilla Seoul in Jung District, central Seoul.
The Hallyu Korean wave is not just here to stay — it's gaining momentum
Three sisters attempt to win over one of the most powerful families in the world. An extraordinary rookie attorney with autism solves cases and crushes prejudices. Young mages in a fantastical country face their destinies. Two friends go on a journey to discover the truth behind UFOs and aliens. A young woman gets swept up in a relationship with a rich businessman as she tutors his children.