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South Korea shatters its own record for world’s lowest fertility rate

Asia Pacific Aug 24, 2022

South Korea shatters its own record for world’s lowest fertility rate

South Korea is the world’s fastest-aging nation among economies with GDP per capita of at least $30,000.

Sky-high inflation triggers fried-chicken price war in South Korea

Business Aug 23, 2022

Sky-high inflation triggers fried-chicken price war in South Korea

Shoppers have left no stone unturned in looking for ways to save on food, and that includes standing in hourslong queues to buy discounted poultry.

Janet Yellen touts ‘friend-shoring’ as global supply chain fix

Business / Financial Markets Jul 19, 2022

Janet Yellen touts ‘friend-shoring’ as global supply chain fix

Yellen called on "trusted” U.S. allies to strengthen trade relationships disrupted by the pandemic, the war in Ukraine and threatened longer term by a reliance on China.

South Korea’s inflation hits fastest pace since 1998

Business / Economy Jul 5, 2022

South Korea’s inflation hits fastest pace since 1998

The news will add to the pressure on the Bank of Korea to consider an outsized interest-rate hike next week

South Korean trade minister calls for ‘fresh look’ at Japan ties

Business Mar 11, 2022

South Korean trade minister calls for ‘fresh look’ at Japan ties

"It’s high time to have a fresh look at bilateral relations and forge forward-looking, more constructive relations between Korea and Japan,” South Korean Trade Minister Yeo Han-koo said.

In good sign for global economy, South Korea exports post early double-digit gains

Business / Economy Jun 21, 2021

In good sign for global economy, South Korea exports post early double-digit gains

South Korea’s trade figures offer a timely assessment on the health of global commerce as its manufacturers are positioned widely across supply chains.

Employment nears pre-pandemic levels in South Korea as economy recovers

Business Jun 9, 2021

Employment nears pre-pandemic levels in South Korea as economy recovers

The country has now recouped more than 80% of the positions lost during the COVID-19 crisis, its finance ministry said in a statement.

'Death cross': South Korea's demographic crisis marks a warning to the world

Asia Pacific | FOCUS May 26, 2021

'Death cross': South Korea's demographic crisis marks a warning to the world

The government has shifted its policy focus away from reversing population decline and toward finding a way to live with it.

South Korea unveils $450 billion push to seize global chipmaking crown

Business / Tech May 13, 2021

South Korea unveils $450 billion push to seize global chipmaking crown

Samsung Electronics and SK Hynix will lead more than 510 trillion won of investment in semiconductor research and production in the years to 2030 under a national blueprint devised by Moon.

Workers need to make space for robots, South Korean minister says

Business Apr 14, 2021

Workers need to make space for robots, South Korean minister says

While people will have to increase their adaptability to work in a fast-changing high-tech environment, policymakers will also need to play their part, the minister said.

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