South Korea KOSPI Plunges 30 Percent Amid Retail Stock Mania
South Korea’s benchmark KOSPI index declined 30 percent from its peak amid extreme retail stock mania, leaving President Lee Jae Myung’s government facing political fallout.
South Korea
Lee Si-young Returns to South Korea After Month-Long Canada Camp With Son
Actor Lee Si-young has returned to South Korea after spending a month in Canada with her elementary school–aged son, marking the end of an overseas nature and ice hockey camp stay…
Hyundai Motor Union Stages First Full Strike in 10 Years Over Wages
Hyundai Motor union workers launched a historic full-day strike on Friday, shutting down production lines at major South Korean manufacturing facilities in an escalating wage and retirement dispute. The walkout—the company’s first full-day strike in a decade—comes amid rising labor tensions and slumping global sales. Production lines across Hyundai Motor’s plants in Ulsan, Jeonju, and … Read more
Korea Football Association Apologizes Over 2016 Referee Misconduct Report
The Korea Football Association (KFA) has issued a formal apology after a 2016 government audit report emerged detailing allegations that the organization spent thousands of dollars on sexual services for foreign referees in the early 2010s, according to Al Jazeera. The governing body of football in South Korea released a statement addressing the revelations after … Read more