Hanwha Ocean’s bid to buy Australian shipbuilder draws backlash

Hanwha Ocean is facing opposition in Australia concerning its ongoing attempt to take over Austal, a naval shipbuilder in the world’s sixth-largest country. The Australian…

Sports ministry to inspect badminton association after Olympian’s criticism

The Ministry of Culture, Sports and Tourism launched an investigation into the Badminton Korea Association (BKA) on Monday after badminton player An Se-young criticized the…

Over half of foreign firms fear impact of yellow envelope law

More than half of the foreign companies operating in Korea have expressed concerns about an upcoming pro-labor law revision package that is commonly referred to…

Korea likely to hold separate Liberation Day events amid Independence Hall head controversy

Korea could end up seeing two separate Aug. 15 Liberation Day events held this week as tensions rise over the appointment of Kim Hyung-seok as…

Korea likely to hold separate Liberation Day events amid Independence Hall head controversy

Korea could end up seeing two separate Aug. 15 Liberation Day events held this week as tensions rise over the appointment of Kim Hyung-seok as…

Financial industry accelerates Corporate Value-up Program with major stock buybacks

Financial holding groups and the brokerage industry are announcing plans for major stock buybacks and cancellations, aligning with the government’s Corporate Value-up Program. With the…

S. Korea, US to hold first drill simulating N. Korea’s nuclear attack during UFS: JCS

South Korea is planning to hold its first-ever government drill that simulates North Korea’s nuclear attack during the annual Ulchi Freedom Shield (UFS) exercise, the…