Stay updated with the latest news and articles about South Korea.
South Korea is set to penalize companies engaging in "shrinkflation," requiring them to disclose downsized products without price reductions. The FTC mandates notices on packaging, aiming to prevent consumer fraud.
Ghana seeks mutually beneficial talks with South Korea at the inaugural Korea-Africa Summit on June 4-5, aiming to strengthen economic ties.
50 nations, including South Korea, the U.S., and Japan, advocate for independent oversight post-UN panel dissolution.
South Korea's April inflation eased to 2.9%, below 3% for the first time in three months. Surging agricultural prices, particularly fruits, played a significant role, while core inflation stood at 2.3%.
North Korea allegedly planted mines on all three inter-Korean roads since December last year, signalling heightened tensions.
Overseas shipments from the tech-rich nation rose 13.8% year-on-year to $56.26 billion, marking the seventh consecutive month of robust export growth. Semiconductor sales remained at the top, underpinning the nation's trade strength amid steadfast global demand for chips.
The government and ruling party of South Korea agreed to inject an additional 150 billion won ($113 million) to stabilize soaring agricultural prices, which saw fruits surge over 40% amid a 20.9% spike in overall agricultural product inflation last month.
The Japanese government plans to overhaul its foreign trainee programme to attract skilled workers from abroad and address exploitation issues, aiming to foster inclusivity and address labor shortages.
North Korean leader Kim Jong Un reaffirmed his reluctance for diplomatic engagement with South Korea and reiterated threats of destruction towards the South, escalating tensions in the region.
Pale Blue, a Tokyo-based developer of small satellite thrusters, receives $27 million grant from Japan to advance water-based satellite propulsion technology.
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