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Lee Jae Myung Administration Faces Backlash Over New Real Estate Tax Hike
Seoul: The Lee Jae Myung administration announced a controversial tax reform package that has raised concerns among homeowners and policymakers. The package, unveiled after five
Severe Heat Wave Forecast to Ease Slightly This Weekend
Seoul: The ongoing extreme heat wave is expected to slightly subside this weekend after reaching its peak, the state weather service said Thursday. The current
LIG DandA Q2 Net Income Declines by 24.4 Pct to 78.2 Billion Won
Seoul: LIG Defense and Aerospace (DandA) Co. announced on Thursday that its net profit for the second quarter amounted to 78.2 billion won (approximately US$55.1
PM Calls for AI-Based Medical Services
Seoul: The government will strengthen artificial intelligence-based medical services, including telemedicine for those living in remote regions, Prime Minister Han Seong-sook said Thursday. “It is
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USFK Air Defense Brigade Joins U.S. Missile Defense Exercise in Palau
Palau: An air defense artillery brigade under the U.S. Forces Korea (USFK) participated in a recent air and missile defense exercise led by the U.S.
Ex-PM Kim Wins Gangwon, Daegu-North Gyeongsang Primaries in Leadership Election
Seoul: Former Prime Minister Kim Min-seok won the ruling Democratic Party (DP)’s primaries in Gangwon Province and Daegu-North Gyeongsang Province on Sunday, although the party’s
South Korean Swimmer Park Tae-hwan Makes History with Olympic Gold
Seoul: South Korean swimmer Park Tae-hwan secured a historic victory by winning the country’s first Olympic gold in swimming during the 2008 Beijing Games. Park
Retail Sales Index Hits Record Low in Q2 Due to Homeplus Store Closures
Seoul: The retail sales index at South Korea’s discount stores posted the sharpest on-year fall in the second quarter, partly due to the closure or