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Why South Korea Is Expanding Tax Investigations Into Luxury Real-Estate Buyers

Why South Korea Is Expanding Tax Investigations Into Luxury Real-Estate Buyers

Investment in real estate and property. Saving money for the future. South Korea is widening tax investigations into luxury apartment purchases as authorities attempt to curb speculative real-estate investment fueled by hidden family wealth, undeclared business income and aggressive tax avoidance strategies. The country’s National Tax Service said it has launched investigations into 127 individuals suspected of evading taxes while

May 20 2026
12:00 PM PST
SK Hynix Retains Lead Over Samsung Electronics in South Korea Corporate Rankings

SK Hynix Retains Lead Over Samsung Electronics in South Korea Corporate Rankings

Photo=Motionelements SK hynix retained its position as South Korea’s top-rated major corporation in an annual management evaluation released May 20, outperforming rival Samsung Electronics for a second consecutive year. The survey, conducted by Korean corporate research firm CEO Score, evaluated 249 nonfinancial companies among the country’s 500 largest businesses by revenue across eight categories, including growth, investment, global competitiveness and

May 20 2026
11:00 AM PST
Samsung Labor Fight Highlights New Tensions in the Global AI Economy

Samsung Labor Fight Highlights New Tensions in the Global AI Economy

(Photo=SELU) As governments and technology companies race to secure artificial-intelligence semiconductor capacity, a labor confrontation inside Samsung Electronics is exposing a different challenge for South Korea: what happens when organized labor represents some of the country’s wealthiest workers instead of its poorest. The dispute involving Samsung Electronics’ majority union has emerged as one of South Korea’s most politically sensitive labor

May 20 2026
10:00 AM PST
Starbucks Korea Controversy Sparks Historical Debate

Starbucks Korea Controversy Sparks Historical Debate

(Photo=Starbucks Korea) Starbucks has found itself pulled into one of South Korea’s most politically sensitive historical debates after a marketing controversy involving its local business reignited painful memories tied to the country’s authoritarian past. What began as backlash over promotional imagery used by Starbucks Korea quickly evolved into a broader national conversation about historical trauma, political symbolism and the risks

May 20 2026
10:00 AM PST
Korean Bakery Chain Tous les Jours Uses BTS World Tour to Expand U.S. Market Push

Korean Bakery Chain Tous les Jours Uses BTS World Tour to Expand U.S. Market Push

(Photo=CJ Foodville) South Korean bakery chain Tous les Jours is using BTS’s latest global tour project to strengthen its presence in the United States, highlighting how Korean consumer brands are increasingly leveraging K-pop fandom to expand overseas business. Tous les Jours, operated by CJ Foodville, said it will launch BTS-themed pop-up cafés at key locations across Las Vegas as part

May 20 2026
09:00 AM PST