Business Nov 18, 2021
Asia looks to release oil reserves after U.S. request
The world's biggest economies said on Thursday they were looking into releasing oil from their strategic reserves, following a rare request from the United States.
Business | ANALYSIS Aug 30, 2019
Japan's curbs on high-tech materials exports to South Korea could backfire in long run
Japan's curbs on exports of high-tech materials to South Korea could backfire in the long run, eroding its dominance over a key link in the global chip supply chain, suppliers and experts have said. Japan tightened restrictions last month on exports of three chipmaking materials ...
Business Aug 14, 2018
South Korea's 'Hyundai Town' faces grim future with idled shipyard, rise in suicides
When Lee Dong-hee came to Ulsan to work for Hyundai Heavy Industries five years ago, shipyards in the city known as Hyundai Town operated day and night and workers could make triple South Korea's annual average salary. But the 52-year-old was laid off in January, ...
Asia Pacific | ANALYSIS Jul 19, 2018
Wage, hours policies by South Korean leader Moon backfire for jobless, low income workers
President Moon Jae-in wants South Koreans to work less and earn more — and to achieve that his government has hiked the minimum wage and slashed the maximum length of the working week. But Heo Jeong, who serves barley tea samples at a Lotte Mart ...
Asia Pacific / Social Issues Mar 16, 2018
Once harassed herself, South Korean lawyer fights for Me Too victims
Almost a decade ago, Lee Eun-eui was thrust into a lonely battle against her employer, Samsung, after she reported unwelcome touching by a superior. Shamed by her supervisors and sidelined by her colleagues, Lee's career as an international sales representative at the company stagnated. "No one ...
Asia Pacific Feb 14, 2018
As South Korean births dwindle, 'penis parks' multiply
Even the bright-red lighthouse in the tiny South Korean port of Sinnam is shaped like a penis. The port is home to Haesindang Park, better known as "Penis Park," a monument to fertility based on the "Legend of Auebawi and Haesindang," about a virgin and ...