President Lee Jae-myung is reconsidering whether to submit the confirmation hearing request for Kim Ji-yong to lead the Serious Crimes Investigation Agency (검사의 수사권을 가진 기구) after facing backlash from parts of his own ruling coalition. The delay signals internal political division over judicial appoi
South Korea's financial authorities have charged a group of financial professionals with insider trading that netted over 20 billion won (~$14.7 million) in illegal profits. The investigation involved a joint task force of regulators. This crackdown targets high-level market manipulation at a time w
Trump said additional talks with Iran are planned this week as pressure mounts over nuclear concessions and military threats. U.S. has not ruled out resuming airstrikes while mediators try to shift Iran from its current position. This reflects the broader U.S. strategy of using military pressure and
South Korea's finance ministry and central bank will coordinate more closely on tracking stock, currency, and real-estate markets to head off emerging instability. The agreement covers preemptive action on risks that could spread to household and business borrowing. Korea's policymakers regularly st
Image: Kyunghyang (English) (original article) President Lee Jae-myung returned from a North and Central America tour on September 27 and is expected to immediately resume …
The government will collect more than 50 trillion won (roughly $34 billion) in additional tax revenue beyond the supplementary budget forecast for 2026. This surplus is expected to be redirected into a new 'Future Response Fund' worth approximately 200 trillion won to support long-term economic init
Image: Yonhap News (EN) (original article) South Korean President Lee Jae-myung completed a two-nation foreign trip — visiting New York for the UN General Assembly …
SK Hynix's subsidiary Solidigm is considering a US initial public offering (IPO) in 2027, potentially raising up to $15 billion at a valuation of up to $150 billion, according to Reuters citing multiple sources. The chip subsidiary selected investment banks this week to manage the deal. This IPO wou
South Korea's President Lee Jae-myung is calling for resumption of free-trade agreement (FTA) negotiations with Mexico. The move targets expanded economic cooperation between the two countries. Korea has slowed trade deal talks in recent years amid domestic political changes and shifting global alli
Lee Jae-myung rejected using constitutional revision to extend his term or allow reelection. This addresses longstanding political debate in Korea over presidential term limits (single 5-year term under current constitution); Lee's statement signals he will respect the one-term rule. The stance affe