National News

Korea's Fair Trade Commission (FTC) has unexpectedly delayed its decision on Hanwha Group's acquisition of Daewoo Shipbuilding & Marine Engineering (DSME), causing growing uncertainty about the timeline for the takeover's approval, say industry insiders on Friday. Hanwha Group inked a deal in late 2021

The Netherlands and Norway have joined a growing list of countries that have recently issued orders banning the use of TikTok on government-issued devices, as concerns grow over the app’s privacy, security, and potential ties to the Chinese government. This decision reflects a growing global trend of governments becoming

Kyochon Chicken Increases Prices by up to 3,000 Won, Consumers Face Higher Costs for Popular Dish South Korea - In response to the sharp increase in food prices and operating costs, the price of fried chicken in South Korea is also skyrocketing. Gyochon F&B, the company operating

South Korea's Constitutional Court has rejected petitions to nullify revisions to the Prosecutors' Office Act and the Criminal Procedure Act, which significantly reduce the prosecution's investigative powers. The legislation was designed to limit prosecution probes to only two types of crime: corruption and economic crime.

South Korea's world-record low birthrate, with a total fertility rate of 0.78 last year, has prompted the ruling People Power Party to consider unconventional measures, including exempting men who have three or more children before the age of 30 from mandatory military service. The number of births

The Korean shipping industry is facing a fourfold crisis as it contends with plummeting freight rates, soaring shipbuilding prices, surging ship capacity, and the imposition of stricter environmental regulations by governments worldwide. In March, the Shanghai Export Containerized Freight Index (SCFI), a critical indicator of global trade activity, recorded a