Coupang Fined Record 140 Billion Won for Unfair Practices; Presidential Office Proposes Real Estate Tax Reforms; Korean Firms Bid on Major Overseas Projects

In a landmark case, the Korea Fair Trade Commission (FTC) has imposed a record fine of 140 billion won on e-commerce giant Coupang for engaging in unfair trade practices.

South Korea's Silent Epidemic: The "Hikikomori" Youth Recluse Phenomenon

The term "hikikomori" was first used in Japan in the 1990s to describe a growing number of young people who had retreated into their bedrooms, rarely leaving the house. In South Korea, the phenomenon has gained attention more recently, as the number of affected individuals has surged.

Korea's AI Chip Ambitions Get a Boost with Rebellion-Sapeon Merger, Buan Earthquake, Korean Investments Surge in Central Asia

Merger of Rebellion and Sapeon Korea AI Semiconductor Startups, Magnitude 4.8 Earthquake in Buan, North Jeolla Province, Surge in South Korean Investments in Central Asia

DPK Amends Candidate Rules, Cadaver Controversy, South Korea's Early Heat Wave

Democratic Party Amends Constitution in Boost for Lee Jae-myung's Presidential Ambitions, Controversy Erupts Over Cadaver Lectures for Non-Medical Professionals, Record-Breaking Heat Wave Hits South Korea, Impacting Economy and Society

Government, ActGeo defend Korean Oil Find, Former Gyeonggi Gov Convicted

Offshore Oil and Gas Exploration Firm Defends Analysis, Conviction of Former Vice Gov and Impact on Lee Jae-myung, Impact of Military Pact Suspension on Korea-US Alliance