(Photo=Korean Financial Industry Union) South Korea has spent years trying to solve one of the country’s most persistent economic problems. Too much of its population, corporate activity, finance and high paying professional work is concentrated in and around Seoul, while many regional cities struggle to retain workers and attract investment. The government’s answer has been to move public institutions out

(Photo=Virudhai Magal Keerthana X) India’s banking industry is entering a major ATM replacement cycle after the collapse of a large ATM management company disrupted existing equipment operations and financial institutions began replacing aging machines. The shift is creating new demand for cash recycling technology, putting South Korea’s Hyosung TNS in a position to consider expanding its manufacturing presence in the

Photo=Motionelements South Korea’s economic uncertainty fell to its lowest level in nearly two years in July, with easing oil prices, a stronger won, cooling inflation and a semiconductor-led export boom giving businesses and consumers a clearer view of the economy. The Economic Policy Uncertainty Index, or EPU, fell 15.6% to 95.98 in July from 113.78 in June, according to data

Photo=Motionelements South Korea is moving to expand unemployment benefits to young workers who voluntarily leave their jobs, a policy intended to give people more freedom to find better employment but one that risks creating a new incentive to quit early. The government is considering allowing workers under 35 to receive job-seeking benefits once in their lifetime after voluntarily resigning, provided

Photo=Motionelements A South Korean government research institute said Aug. 11 that it has developed an artificial-intelligence model capable of predicting which patients with Type 2 diabetes face a higher risk of visiting an emergency department, using real-world medical records. The model was developed using a multicenter diabetes database established with support from the National Institute of Health, part of South