
Audit agency says officials improperly intervened in YTN stake sale
South Korea’s Board of Audit and Inspection says it found signs of improper intervention by officials, including former communications regulator chief Lee Dong-kwan, in the sale of a YTN stake.
Korea cuts space-risk planning cycle from 10 years to five
A legal change halves the cycle for Korea’s national space-risk plan as satellite traffic, orbital debris and space-weather risks increase.
US 10-year Treasury yield crosses 5%, adding pressure to Korean markets
The US 10-year Treasury yield moved above 5% for the first time since October 2023 as inflation and energy-price concerns intensified.

What changed in Korea, and why it matters

Events, festivals and things to do across Korea
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Clear answers for living and working in Korea
DAILY LEADS

Yong Hye-in withdraws as gender equality minister nominee after 14 days

Korean container ship completes landmark Arctic route trial to Britain

Seoul bus strike threat moves to final mediation before September 16

Oil breaks $100 as Korea faces a fresh energy-cost shock

Korea weighs Hormuz deployment as regional conflict escalates

Lee Chun-seok indicted over alleged stock trades through aide's account
ESSENTIAL STORIES
Korea says US investment deal is close, with announcement targeted this week
Oil above $100 and higher US rates complicate Bank of Korea outlook
Up to 1,200 applicants can seek relief after admissions system outage
KRX opens aftermarket, extending Korean stock trading beyond the regular session
Admissions application outage forces ministry review and relief plan
Lee warns reform camp against speed and polarizing tactics
Lee says Korea can hold fuel prices steady despite global oil surge
Lee Chang-dong's Possible Love wins Venice Grand Jury Prize
Korea reaches U-18 Asian baseball final unbeaten
KB Financial chooses Lee Jae-geun as next chairman candidate
The group opted for generational change over Yang Jong-hee's reappointment, with a shareholder vote due November 20.
Prosecutors return Kim Byung-ki arrest warrant for more investigation
The prosecution said detention was not sufficiently justified and asked police to strengthen evidence before deciding whether to apply again.
HD Hyundai Heavy union begins full-membership partial strike
Workers are escalating wage action over base pay and a demand to share 30% of operating profit, with longer stoppages planned next week.
Regional-doctor admissions open with competition above 30 to one
The first intake shows strong demand for a program meant to steer future physicians toward underserved regions, though long-term retention remains unresolved.
Lee orders revisions to Korea’s new prosecution office plan
The president told the Justice Ministry to revisit prosecutor staffing and the proposed Judicial Control Division as the October launch of the new prosecution office approaches.
Life sentence upheld for leader of major online sexual exploitation ring
The Supreme Court finalized a life sentence for Kim Nok-wan, who led the cyber sexual exploitation group Jagyeongdan, in a case involving hundreds of victims.
Korea and U.S. near first $100 billion energy investment package
Negotiations are nearing a first project under Korea’s U.S. investment framework, with nuclear power and natural gas at the center of a package that could be announced soon.
Korea adds jobs but youth employment keeps sliding
August employment rose by 184,000 from a year earlier, yet the number of young people in work fell for a 46th consecutive month
Kim Seung-won controversy widens ahead of justice minister hearing
Fresh reporting on Genencell and a fight over hearing witnesses are intensifying scrutiny of the justice minister nominee
Lee Jae-yong buys 1.94 trillion won of Samsung shares from Hong Ra-hee
The off-market transaction will lift Lee’s Samsung Electronics stake while giving Hong cash after years of inheritance-tax financing
Defense Ministry sends Hormuz fact-finding team to UAE
Seoul says the mission is assessing local conditions and does not mean a troop deployment has been decided
Samsung and Mistral AI deepen semiconductor partnership
The Korean chipmaker and French AI company plan models tailored to semiconductor design and manufacturing as investment ties expand
Influenza cases rise early in Korea as schools return
Surveillance data show suspected flu cases climbing for four straight weeks, with children driving much of the increase
