SEOUL—Korea Electric Power Corp. (KEPCO) and Korea Gas Corp., two of South Korea's major state-run energy companies, disclosed combined liabilities nearing 250 trillion won (approximately US$187.1 billion) at the end of 2023, a surge attributed to the...
South Korea’s Demand for Minerals to Surge Due to Electric and Wind Power Growth
SEOUL, South Korea — A recent report indicates a significant projected increase in South Korea's demand for key minerals crucial to the electric car and wind power industries. By 2040, this demand is expected to rise dramatically, in some cases by as ...
US Air Force Investigates Series of F-16 Crashes in South Korea Amid Safety Concerns
PYEONGTAEK, South Korea—The United States Air Force is conducting ongoing investigations into three recent F-16 fighter jet crashes in South Korea, as public safety concerns escalate. The incidents, which began last May with a crash in Pyeongtaek, 60 ...
South Korean Presidential Office Promises Strict Response to Alleged Coercion at Doctors’ RallySouth Korea’s First Military Spy Satellite Captures Detailed Images of Pyongyang
SEOUL—The South Korean presidential office declared a "zero tolerance" policy on Sunday in response to allegations that some doctors attempted to forcibly mobilize pharmaceutical sales representatives to participate in a rally against the government's...
South Korean Presidential Office Promises Strict Response to Alleged Coercion at Doctors’ Rally
SEOUL—The South Korean presidential office declared a "zero tolerance" policy on Sunday in response to allegations that some doctors attempted to forcibly mobilize pharmaceutical sales representatives to participate in a rally against the government's...
Key Events in Korean History: From Persecution to Cyberattacks and Diplomatic Expulsions
SEOUL, South Korea — Today marks several significant anniversaries in Korean history, ranging from the execution of a Catholic bishop in the 19th century to a cyberattack on South Korean government websites in 2011. According to Yonhap News Agency, ...
South Korea Sees Dramatic Decline in Marriages, Contributing to Falling Birthrate
SEOUL—South Korea has experienced a significant 40 percent drop in the number of marriages over the past decade, which has in turn contributed to a decrease in the country's fertility rate. According to Yonhap News Agency, The data, compiled by Stat...
South Korea’s Working Hours Decrease But Still Exceed OECD Average
SEOUL, South Korea — Recent data has revealed a significant reduction in the average annual working hours for South Koreans over the past decade, although the numbers still surpass the average working hours of the Organization for Economic Cooperation...