South Korea

South Koreans are shunning dangerous shipbuilding jobs envied by Trump

Demand is growing as the industry enjoys a new boom that puts further strains on its workforce

Customers at a shopping centre in Jakarta. Asean, with nearly 700 million consumers and rapidly expanding middle classes, represents one of the fastest-growing demand bases in the global economy.
NEW GLOBAL ORDER

Asean+3, not the US, is now the world’s largest market

This structural shift has measurable consequences for how shocks propagate

Lee Seung-heon says the government should introduce stronger curbs on the housing market as a rally in property prices could reignite inflationary pressure and prevent middle-class families from buying their own homes.

Contender for Bank of Korea governor backs higher property taxes to contain inflation

[SEOUL] Lee Seung-heon, one of the leading candidates to become the next Bank of Korea (BOK) governor, backs raising taxes on property ownership to stop surging home prices from stoking inflation but ...

Bitcoin prices briefly slumped 17% to 81.1 million won on Friday evening on Bithumb.

South Korean crypto firm accidentally sends US$44 billion in bitcoins to users

[SEOUL] South Korean cryptocurrency exchange Bithumb said on Saturday (Feb 7) it had accidentally given away more than US$40 billion worth of bitcoins to customers as promotional rewards, triggering a...

Investor caution seems to be rising as the global AI trade turns more volatile.

South Korea’s ETF boom puts assets on track to overtake Taiwan

The two tech-heavy Asian markets have been a focal point in recent years, thanks to a global frenzy sparked by the rise of AI

Culinary Class Wars judge Anh Sung-jae (third from left) with South Korea's Minister of Agriculture, Food and Rural Affairs Song Mi-ryeong (centre), Korean Hanwoo Board chairman Min Kyungcheon (extreme right) and Korea Handon Board chairman Lee Kihong (second from left).
FOOD & DRINK

K-meat fever hits Singapore

The long-awaited arrival of Korean beef and pork raises the bar in a dining scene already crowded with Japanese, Australian, American and Spanish equivalents

Anh Sung-jae is arguably the most famous chef in South Korea, thanks to Culinary Class Wars.
FOOD & DRINK

Anh Sung-jae on Culinary Class Wars, fame and staying real

The acclaimed chef-judge of the wildly popular cooking show looks back at his dizzying rise to the top

The current property market rally is reminiscent of a record 85-week streak of gains for Seoul’s apartment prices between June 2020 and January 2022.

Seoul apartment prices rise further even as President Lee hardens resolve

The president has argued that rising apartment prices reflect distorted incentives rather than genuine housing needs

Trade is a pillar of the economy in South Korea, where exports are equivalent to about 40% of gross domestic product.

South Korea’s top trade chief urges caution over US tariff risks

Yeo Han-koo says Seoul has communicated that it is working to accelerate that process through bipartisan cooperation