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South Korea’s Concert Boom Draws Tax Scrutiny—and New Risks for Global Promoters

South Korea’s Concert Boom Draws Tax Scrutiny—and New Risks for Global Promoters

Photo=Motionelements South Korea’s rapid recovery in live entertainment is creating a new consideration for U.S. concert promoters, entertainment companies and investors: tax compliance. As international artists return to the country in growing numbers, South Korean authorities are stepping up efforts to track payments to foreign performers and recover taxes that may have gone unreported. The National Tax Service collected 55.63

Sep 17 2026
11:00 AM PST
Even in Wealthy South Korea, Rising Food Costs Are Shrinking Lunch

Even in Wealthy South Korea, Rising Food Costs Are Shrinking Lunch

(Photo=Pixabay) South Korea is one of Asia’s wealthiest economies, but a growing number of younger consumers are responding to higher living costs in a distinctly frugal way. Instead of simply hunting for cheaper restaurants, some are buying less food, including half-size rolls of gimbap, as the cost of even basic everyday meals continues to rise. The shift is taking place

Sep 17 2026
10:00 AM PST
High Rates and AI Are Squeezing Korea’s Once Hot Biotech Stocks

High Rates and AI Are Squeezing Korea’s Once Hot Biotech Stocks

(Photo=MotionElements) Higher U.S. interest rates and the global rush into artificial intelligence and semiconductors are changing where investors are willing to take risk, and South Korea’s biotech market is emerging as one of the clearest examples of that shift. Earlier this year, pharmaceutical and biotechnology companies occupied seven of the 10 largest positions on the KOSDAQ, South Korea’s main market

Sep 17 2026
09:00 AM PST
South Korea Moves to Bring Abortion Pills Into Its Medical System After Years of Legal Limbo

South Korea Moves to Bring Abortion Pills Into Its Medical System After Years of Legal Limbo

(Photo=Pixabay) South Korea is moving to bring abortion pills into its formal medical system, addressing a regulatory gap that has persisted for years after the country stopped criminalizing abortion but failed to establish a comprehensive framework for medication abortion. The move puts South Korea on a markedly different starting point from the U.S., where mifepristone has been federally approved since

Sep 17 2026
08:00 AM PST
Middle East Oil Route Attacks Could Drive More Asian Demand Toward U.S. Crude

Middle East Oil Route Attacks Could Drive More Asian Demand Toward U.S. Crude

(Photo=Pixabay) Attacks on some of the Middle East’s most important oil transportation routes are creating a new problem for Asian refiners. The Strait of Hormuz remains disrupted, a key Saudi pipeline has been hit, and the Red Sea has become increasingly unreliable, leaving major oil buyers with fewer ways to move crude out of the region. The consequences could increasingly

Sep 17 2026
07:00 AM PST