Do Kwon, founder of Terraform Labs, said on social media he was "making zero effort to hide."
Cryptocurrencies

Terra founder Do Kwon denies hiding after Interpol issues alert

South Korean prosecutors seek crypto entrepreneur for alleged fraud

27 September 2022
A Daewoo Shipbuilding and Maritime Engineering facility in South Korea in 2017. The company has been controlled by the Korea Development Bank since 2000.
Business deals

South Korea's Hanwha in pole position to acquire Daewoo Shipbuilding

Deal to re-privatize world's 3rd-largest shipbuilder has taken over 20 years

26 September 2022
The USS Ronald Reagan arrives in Busan ahead of joint military drills with South Korea. (Photo by Junnosuke Kobara)
International relations

North Korea rattles saber as U.S. carrier arrives for drills with South

Ballistic missile fired for first time since June with sub-launched test looming

26 September 2022
South Korean President Yoon is locked in mudslinging match with opposition leader Lee Jae-myung with the two leaders trading legal accusations. (Source photos by AP and Reuters) 
Politics

South Korea's Yoon in mudslinging match with opposition leader

Lee Jae-myung indicted in what opposition called 'political investigation'

25 September 2022
LG Innotek supplies camera modules for Apple's popular iPhones. (Photo courtesy of the company)
Electronics

LG Innotek reliance on Apple's custom renders it vulnerable

South Korean powerhouse to spend $1bn to increase camera production

25 September 2022
SK Hynix acquired Intel's Dalian plant in 2021.(Photo courtesy of SK Hynix)
Semiconductors

U.S. chip alliance against China tests South Korea's loyalty

'Chip 4' initiative threatens Seoul's quest for diplomatic middle ground

24 September 2022
POSCO will adopt hydrogen technology to overseas, including Indonesia. (Photo is POSCO's blast furnace mill in Indonesia, courtesy of POSCO)
Materials

POSCO to invest $14bn in low-emissions steel production

Electric furnaces and hydrogen technology aim to cut carbon output 10% by 2030

23 September 2022
Thanks to energy-efficient design and other advantages, Arm's blueprints are used in more than 90% of smartphone processors. (Photo courtesy of Arm)
SoftBank

SoftBank's Son faces difficult quest to lift Arm valuation

Chip design unit's dominance complicates bid for partnership with Samsung

23 September 2022
Wednesday's meeting was the first face-to-face conversation between Kishida and Yoon since they chatted in June on the sidelines of a North Atlantic Treaty Organization summit. (Source photos by Reuters)
Japan-South Korea rift

Japanese, South Korean leaders agree to restore healthy ties

Kishida and Yoon pledge to accelerate talks among senior diplomats

22 September 2022
Apple periodically adjusts prices in different regions and reduced them for eurozone countries last year to adjust for currencies and taxes.
Technology

Apple to raise app prices in Japan, Vietnam, Malaysia

South Korea and Pakistan also included in list of countries as dollar strengthens

21 September 2022
Former South Korean President Lee Myung-bak, left, broke a diplomatic taboo by visiting a group of islets claimed by Japan and his country in 2012. Will current President Yoon Suk-yeol follow in similar footsteps? (Source photos by Reuters and Yonhap/Kyodo)
Comment

Will South Korea's Yoon become another Lee Myung-bak?

Hit by low approval ratings, president may have to amend pro-Japan stance

19 September 2022
The Roy E. Disney Animation Building in Burbank, California. The U.S. media giant aims to expand the lineup of its streaming service by training creators in Asia.
Media & Entertainment

Disney targets content creators in Asia for growth

U.S. media giant's program meant to secure original works for Disney+ service

19 September 2022
Shinogi aims for early authorization of the antiviral drug in South Korea after a setback in Japan. (Photos by Shionogi, Tomoki Mera)
Pharmaceuticals

Japan's Shionogi seeks OK for COVID-19 pill in South Korea via tie-up

Emergency use authorization has been delayed in home market

17 September 2022
Samsung used 1.8 times as much electricity in 2021 as all homes across Seoul.
Climate Change

Samsung targets net-zero emissions by 2050, full use of renewable energy

South Korean company uses more power than Alphabet or TSMC

16 September 2022
South Korean President Yoon Suk-yeol, left, and Japanese Prime Minister Fumio Kishida will hold their first bilateral summit in New York next week. (Source photos by Reuters and Kento Awashima) 
Japan-South Korea rift

South Korea's Yoon, Japan's Kishida to hold 1st summit next week

Leaders of two U.S. allies to meet on sidelines of U.N. General Assembly

15 September 2022
The recently unveiled iPhone 14 and iPhone 14 Plus models. The sharp weakening of the yen and won has left Apple with little choice but to raise prices in the Japanese and and South Korean markets.
Inflation

Japan and South Korea face pricier iPhones as currencies slump

Pricing for China was unchanged from previous model as the economy slows

10 September 2022
Stream article image
International relations

In pictures: Queen Elizabeth's reign

British monarch was a visible presence in the world for over 70 years

9 September 2022
Queen Elizabeth II and the Duke of Edinburgh at a civic ceremony in New Delhi during the Royal Tour of India, circa January 1961.
International relations

Legacy of decency: Asian leaders pay tribute to Queen Elizabeth II

Monarch was frequent visitor to region during her 70-year reign

9 September 2022
LaSalle's latest fund will invest in projects in places such as Australia, China, Hong Kong, Japan, South Korea and Singapore. (Source image from LaSalle website)
DealStreetAsia

U.S.-based LaSalle raises over $2.2bn for Asia property fund

Will use capital across commercial, residential, logistics, hospitality sectors

9 September 2022
South Korea's army conducts a military drill with Hyundai Rotem's K2 Black Panther tanks. The weapons are drawing keen interest in Europe. (Photo courtesy of Hyundai Rotem) 
Business Spotlight

South Korean arms find interest in Europe amid Ukraine war

Hyundai, Hanwha, KAI win orders in Poland, but other countries also tempted

9 September 2022
Samsung Electronics Vice Chairman Lee Jae-yong is greeted by employees on his return to work Aug. 19. (Photo courtesy of Samsung Electronics)
Politics

Samsung chief Lee Jae-yong's pardon won in court of public opinion

5.9m individual shareholders rallied around leader of South Korea's top tech company

8 September 2022
Lotte Group Chairman Shin Dong-bin attends a groundbreaking for a commercial complex in Ho Chi Minh on Sept. 2. (Photo courtesy of Lotte)
Retail

Lotte makes fresh Vietnam start after China exit and '5 lost years'

$900m shopping center paves way for No. 3 market after South Korea and Japan

7 September 2022
BTS perform onstage during the 64th Annual GRAMMY Awards on April 3 in Las Vegas.
Economy

Busan Expo 2030 bid pushes South Korea into PR overdrive

Organizers play up economic gains, but local understanding crucial: experts

7 September 2022
Flags fly outside a branch facility of the former Unification Church, known officially as the Family Federation for World Peace and Unification, in Seoul, South Korea. 
The Big Story

The Unification Church in South Korea: a cautionary tale for the LDP

In the church's birth place, politicians with links to the group have not fared well

7 September 2022
South Korean President Yoon Suk-yeol seeks to resolve the wartime labor issue without antagonizing Japan.
Japan-South Korea rift

South Korea weighs company-funded foundation to pay wartime laborers

Yoon administration seeks alternative to asset sale opposed by Japan

7 September 2022