Samsung Electronics union members shout slogans during a strike. South Korea is developing legislation to provide targeted support for workers who do not belong to labor unions.
Work

South Korea crafts legislation to support unorganized workers

Despite urgency, road to passage appears rocky amid political party divisions

13 September 2024
Emergency personnel carry the body of a person killed in a fire at a lithium battery factory owned by South Korean battery maker Aricell, in Hwaseong, Jun. 24. The disaster was the latest in a long-running string of fatal business-related accidents in the country.
Business Spotlight

South Korea Inc. faces reckoning as company CEO awaits trial over factory fire

After battery plant disaster kills 23, campaigners seek justice, safety in workplace

6 September 2024
South Korea's Constitutional Court Chief Justice Lee Jong-seok, center, and other judges sit upon their arrival at the Constitutional Court in Seoul on  Aug. 29. 
Climate Change

Court orders South Korea to specify carbon emission cut plans through 2049

Decision hands partial victory to activists who say climate change affects 'fundamental rights'

30 August 2024
South Korean President Yoon Suk Yeol discussed reworking the national pension system in a news conference on Aug. 29.
Politics

South Korea's Yoon vows to reform pension plan set to run dry in 2055

Facing aging population, government eyes benefit adjustments and higher premiums

30 August 2024
Food delivery service Yogiyo operates in South Korea's fiercely competitive market. 
Companies

South Korea delivery company Yogiyo to offer buyouts, media say

Competition in sector has grown in recent months as top players cut prices

29 August 2024
Children wait for a school bus in Seoul's Gangnam district. Parents with means are flocking to areas with strong educational opportunities, driving up property prices there. (Photo by Kotaro Hosokawa)
Education

South Korea birth rate squeezed by entrance exam pressures: central bank

Bank of Korea urges reform of college admissions to ease burden on families

28 August 2024
Children wearing traditional clothing wave national flags in Seoul. South Korea is facing a "national demographic emergency."
Opinion

South Korea must learn from China's population long game

Seoul waking up to demographic crisis after long-term complacency

16 August 2024
A policeman stands guard in front of  the headquarters of the ruling Liberal Democratic Party in Tokyo. The LDP will select a new leader next month.
Japan's leadership race

Japan's ruling LDP to vote on Kishida successor: 5 things to know

With prime minister stepping down, how will party select his replacement?

15 August 2024
Amid surging labor demand in an AI boom, Vietnam aims to train at least 50,000 chip engineers and designers by 2030 as industry giants look to offset severe staff shortages in their home markets. (Illustration by Yoshiko Kawano)
The Big Story

Vietnam turns chip sector magnet with affordable, quality talent pool

US, Taiwan, South Korean players beat path to Vietnam though boom strains resources

14 August 2024
Japanese stocks have been in a downward spiral since Aug. 1, a day after the Bank of Japan aggressively raised interest rates to 0.25% from 0.1% and said it was open to more hikes this year. (Photo by Satoko Kawasaki)
Equities

Japan stocks dive 4,451 points, more than Black Monday in 1987

Yen surges to 141 per dollar as potential U.S. recession spooks investors

5 August 2024
BTS member Jin enjoyed some of his favorite beverages, including Milkis, at a June 13 fan event just after finishing his mandatory military service. (Hybe)
Media & Entertainment

K-pop's sway over fan spending lures foreign investors

But BTS agency Hybe's court battle highlights looming governance concerns

4 August 2024
The nomination of Kim Moon-soo as South Korea's labor minister comes with the country experiencing high-profile strikes. (Source photos by Reuters and EPA/Jiji)
Economy

South Korea's Yoon nominates trade union opponent as labor minister

Kim Moon-soo has shed his student activist past to become staunchly conservative

1 August 2024
IPEF nations have established a network that will take action whenever supply chains are disrupted.
Supply Chain

South Korea, Japan to help crisis-proof Indo-Pacific supply chain

14 IPEF members to share chips and medical supplies in emergencies

31 July 2024
A vacant storefront in central Seoul. (Photo by Ahn Seong-bok)
Economy

South Korea's Q2 GDP shrinks 0.2% as incomes decline

Country's economy caught between robust exports and weak domestic conditions

25 July 2024
Han Dong-hoon speaks after being elected leader of the ruling People Power Party in Goyang, South Korea on July 23. (Photo by Junnosuke Kobara)
Politics

South Korea's ruling PPP picks ex-justice minister as new leader

President Yoon Suk Yeol's party tries to reboot after April's electoral drubbing

23 July 2024
The North Korean flag flies at the country's consular office in Dandong, China.
North Korea tensions

North Korea forced labor system widespread, U.N. report says

Pyongyang urged to end system of compulsory state-allocated employment

17 July 2024
Containers are offloaded from the freighter Alula Express at South Korea's Busan Newport International Terminal, one of the largest container ports in the world.
Economy

Developing Asia's growth revised up by ADB as tech exports grow

Regional lender keeps forecasts for ASEAN economies, China, India unchanged

17 July 2024
A shipyard in Busan, South Korea. Small- and medium-size enterprises have "considerable untapped potential" beyond supplying conglomerates, an OECD report said.
Economy

South Korea must boost SMEs as fertility declines, OECD says

Report advises streamlining complex government support programs for smaller firms

12 July 2024
From left, Japanese Economy, Trade and Industry Minister Ken Saito, U.S. Commerce Secretary Gina Raimondo, and South Korean Trade, Industry and Energy Minister Ahn Duk-geun in Washington on June 26. (Photo by Shunsuke Ushigome)
International relations

U.S. and Japan face disconnect over further China chip controls

Trilateral with South Korea produces agreement on supply chain cooperation

28 June 2024
The site of a deadly fire at a lithium-ion battery factory in Hwaseong, South Korea, on June 24. The majority of the victims were from overseas.
Work

South Korea factory blaze highlights risks to migrant workers

Government opens employment door wider despite safety concerns

25 June 2024
A dealing room at KEB Hana Bank's headquarters in Seoul on May 30.
Equities

South Korea extends short-selling ban to March 2025

Financial regulator plans to develop an electronic system to prevent illegal trades

13 June 2024
Kazakh President Kassym-Jomart Tokayev, left, and South Korean President Yoon Suk Yeol inspect an honor guard during a welcome ceremony in Astana on June 12. Yoon is on a three-nation visit to Central Asia.
International relations

South Korea's Yoon seeks deals in Central Asian resource push

Visit to Kazakhstan and other countries aimed at mineral access, less reliance on China

13 June 2024
Mauritanian President Mohamed Ould Ghazouani, left, chairman of the African Union, speaks as South Korean President Yoon Suk Yeol listens during a joint news conference on June 4.
Supply Chain

South Korea woos African nations over critical mineral supplies

High-tech economy aims to cut reliance on China for lithium and graphite

5 June 2024
South Korean President Yoon Suk Yeol speaks during a meeting with business leaders also attended by Chinese Premier Li Qiang, far right, and Japanese Prime Minister Fumio Kishida, second from right, at the Korea Chamber of Commerce and Industry in Seoul on May 27.
Economy

South Korean, Japanese and Chinese executives plan digital cooperation

Business leaders participate in gathering linked to countries' trilateral summit

27 May 2024