
AI Infrastructure Spending Pushes South Korea Construction Contracts Higher
South Korea’s construction contracts rose sharply in the first quarter as investment in semiconductor plants and data centers
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South Korea’s construction contracts rose sharply in the first quarter as investment in semiconductor plants and data centers

A memorial concert honoring Hyundai founder Chung Ju-yung will reach a global audience on June 27 when CNN

SK Hynix is targeting a July 10 debut of its American depositary receipts on Nasdaq, a move the

South Korea’s financial regulator warned that a growing form of illegal lending tied to financed and leased vehicles
Photo=motionelements South Korea is set to introduce a facial-recognition system for mobile-phone activations in July, aiming to curb identity fraud tied to so-called “burner phones,” even as legal ambiguity, privacy concerns and implementation gaps—particularly for foreign users—fuel debate over the rollout. The Ministry of Science and ICT said on June 22 that the system will verify subscribers by matching real-time
South Korea is expanding a remote baggage-screening program for travelers bound for the United States, allowing more passengers transiting through major U.S. airports to avoid reclaiming and rechecking luggage before connecting flights. The Ministry of Land, Infrastructure and Transport said on June 22 that the service will be extended to Los Angeles International Airport and Seattle-Tacoma International Airport, broadening a
Photo=Motionelements South Korea’s travel-services deficit with Japan surged to an unprecedented $5.71 billion in 2025. While the record shortfall highlights a historic boom in South Koreans crossing the Korea Strait, it more prominently exposes a stark macroeconomic reality: Japan’s prolonged economic sluggishness and a battered yen have severely crippled the overseas purchasing power of its own citizens, effectively grounding them
(Photo=Pixabay) South Korea’s share of high-income workers has climbed to a record level, but the gains are increasingly concentrated in manufacturing and technology, underscoring widening wage disparities in an economy being reshaped by semiconductors and rapid population aging. Data from Statistics Korea showed that 3.71 million salaried workers, or 16.5% of the country’s 22.49 million wage earners, made more than
(Photo=Weverse capture) A South Korean court has handed a suspended prison sentence to a Brazilian woman convicted of stalking Jung Kook, a member of BTS, the South Korean pop group that became a global cultural phenomenon and the first K-pop act to top the U.S. Billboard Hot 100 chart, underscoring Seoul’s increasingly hard-line approach toward celebrity harassment. The Seoul Western