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Business & Economy

Korean economy, corporate news, and market analysis

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Korea's 2026 Oil Price Cap Shaved 0.8% Off Inflation — But the Equity Cost Is Real

Korea's 2026 Oil Price Cap Shaved 0.8% Off Inflation — But the Equity Cost Is Real

KDI confirms Seoul's petroleum price ceiling cut CPI by 0.8pp in 2026, preventing a 3% breach — with a 460-won/liter saving at the pump.

April 22, 2026

Seoul Police Under Internal Probe After Officers Forced to Announce Bathroom Breaks

Seoul Police Under Internal Probe After Officers Forced to Announce Bathroom Breaks

Seoul's Gangnam Police Station faces internal investigation over harassment so severe officers had to report bathroom visits to supervisors.

April 21, 2026

Seoul's 'Revenge-for-Hire' Gang Indicted: Inside Korea's Dark Underground Service Economy in 2026

Seoul's 'Revenge-for-Hire' Gang Indicted: Inside Korea's Dark Underground Service Economy in 2026

Three suspects arrested for paid harassment attacks — spreading feces and vandalism at targets' homes — expose a disturbing niche in Korea's underground gig economy.

April 21, 2026

From Screen to Courtroom: Asia Carrera Passes Bar Exam in 2026 — The Ultimate Career Reinvention Story

From Screen to Courtroom: Asia Carrera Passes Bar Exam in 2026 — The Ultimate Career Reinvention Story

Former adult film actress Asia Carrera has passed the Texas bar exam, spotlighting how unconventional career pivots are reshaping professional identity in 2026.

April 21, 2026

Lee Jae-myung Visits Hanoi in 2026: Korea and Vietnam Deepen Infrastructure and Defense Ties

Lee Jae-myung Visits Hanoi in 2026: Korea and Vietnam Deepen Infrastructure and Defense Ties

South Korean President Lee Jae-myung arrives in Hanoi for a state visit focused on infrastructure and defense cooperation, signaling deepening strategic ties.

April 21, 2026

South Korea Discovers World's Largest Illite Deposit in 2026 — 20 Times China's Reserves

South Korea Discovers World's Largest Illite Deposit in 2026 — 20 Times China's Reserves

A confirmed 104.5 million-ton illite deposit in Yeongdong, North Chungcheong Province positions South Korea as a potential global leader in a critical industrial mineral.

April 21, 2026

Trump Bets Big on Iran Deal: What the 2026 Nuclear Talks Mean for Asia

Trump Bets Big on Iran Deal: What the 2026 Nuclear Talks Mean for Asia

Trump signals confidence ahead of a second Iran negotiation round — and Asia's energy markets are watching closely.

April 21, 2026

Suspect Dies in South Korean Police Waiting Room After Taking Substance from Bag: What the 2026 Autopsy Reveals

Suspect Dies in South Korean Police Waiting Room After Taking Substance from Bag: What the 2026 Autopsy Reveals

A handcuffed suspect died in a Gwangju police waiting room in 2026 after reportedly ingesting a substance — raising urgent questions about custody oversight.

April 21, 2026

Korean Accountant Sentenced After Embezzling $370,000 Across 680 Transactions — What It Means for SME Internal Controls in 2026

Korean Accountant Sentenced After Embezzling $370,000 Across 680 Transactions — What It Means for SME Internal Controls in 2026

A Busan court jailed a 20-something bookkeeper who drained 500 million won from her employer over 680 covert transfers and forged bank documents to hide the trail.

April 21, 2026

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