South Korea’s presidential office convened an emergency, ministerial-level meeting on Christmas Day to address the fallout from a major personal data breach at e-commerce giant Coupang, underscoring growing concerns over cybersecurity, regulation and potential diplomatic implications. A senior ruling-party official told Yonhap News Agency that there is a broad consensus within the government on the seriousness of the incident, adding

Photo=Kakao Entertainment Corp Kakao Entertainment Corp., the South Korean entertainment powerhouse, is spearheading the creation of a unified K-pop chart spanning Asia's three largest music markets, in a move that highlights the industry's push to quantify its regional dominance and streamline cross-border promotion.The company announced Monday that its flagship music streaming service Melon has signed separate agreements with China’s Tencent

Photo=Motionelements Equity wealth among South Korea’s richest individuals swelled dramatically this year, driven by robust gains in major listed companies, with Samsung Electronics Chairman Lee Jae-yong solidifying his position at the apex of the nation’s shareholder hierarchy. The combined value of shares held by the country’s top 100 individual stockholders surged by nearly 64%, or about $53 billion, over the

(Photo=Pixabay) South Korea is extending cuts to fuel taxes for another two months, doubling down on one of its most frequently used fiscal tools to shield consumers from cost-of-living pressures, even as it begins to roll back other energy-related tax breaks in a sign of calibrated policy management. The government said Monday that reductions of 7% for gasoline and 10%

Photo=Motionelements The South Korean government is marshaling resources to elevate the country’s cuisine into a major strategic export industry, aiming to harness the global popularity of Korean culture to push food products deep into international supply chains. President Lee Jae-myung, in a policy speech delivered Tuesday, framed “K-food” as a potential growth engine for the national economy, extending beyond the