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2026.11.11 (Wed)
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South Korea's Youth Job Market Sinks to 6-Year Low as Officials Point to AI and Hiring Shifts

SEOUL — South Korea’s youth labor market faced a grim milestone in October 2026, recording its lowest October employment rate in six years. According to the National Data Agency’s la
Busan Previews Marine Taxi Service with Media Test Run on Suyeong River

BUSAN — Busan is taking a bold step toward redefining urban mobility and coastal tourism. On November 11, the metropolitan city hosted a special test run for local journalists, showcasing the up

Busan Forges Closer European Ties in Maritime, Port, and Design to Accelerate Global Hub Ambitions

MUNICH/LONDON/HAMBURG — In a robust push to elevate its global standing, Busan City has launched an ambitious 8-day European diplomatic mission spanning the United Kingdom and Germany. Led by Ma

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Shinhan Bank CEO Jung Sang-hyuk Confirmed for Second Term: Seoul, South Korea – Shinhan Financial Group announced on Friday that its incumbent CEO, Jung Sang-hyuk, has been nominated ...; KO YONG-CHUL Reporter 2024.12.05

Genesis Enters Motorsport with High-Performance 'Magma' Program: Dubai, UAE – Genesis, Hyundai Motor Group's luxury brand, has officially announced its entry into the world of motorsport, u ...; Eugenio Rodolfo Sanabria Reporter 2024.12.05

South Korean Conglomerates Evade Regulations Despite Holding Company Reforms: Seoul, South Korea – Despite mandated transitions to holding company structures, South Korean conglomerates continue to enga ...; ONLINE TEAM 2024.12.05

South Korea Seeks to Transform Defense Industry Ecosystem for Global Competitiveness: Seoul, South Korea – South Korea is aiming to revamp its defense industry ecosystem to enhance global competitiveness, accor ...; ONLINE TEAM 2024.12.05

Homeplus Expands Online Presence with Baemin Partnership: Seoul, South Korea – Homeplus, one of South Korea’s leading retail chains, has announced a partnership with Baemin, th ...; Hwang Sujin Reporter 2024.12.04

Lotte Outlets to Host Year-End Clearance Sale: Lotte Outlets announced today that it will be holding a year-end clearance sale, "Clearance Week," across all its outlets from [St ...; Hwang Sujin Reporter 2024.12.04

Incheon's Half-Price Delivery Service for Small Businesses Sees Significant Success: Incheon, South Korea – Incheon Metropolitan City announced on October 28th that its groundbreaking "Half-Price Delivery Serv ...; KO YONG-CHUL Reporter 2024.12.04

Hamyang County Hosts Agricultural Product Export Consultation with Chinese Buyers, Securing $24,000 in Export Contracts: Hamyang County hosted a "2024 Hamyang County Agricultural Product Export Consultation with Chinese Buyers" on December 3rd at Insa ...; ONLINE TEAM 2024.12.03

Chong Kun Dang Health's 'Imvita' Breaks 20 Million Bottle Sales Milestone, Wins "2024 Korea Management Award": Seoul, South Korea – Chong Kun Dang Health, a leading healthcare company, has announced that its premium vitamin brand, Imvi ...; Desk 2024.12.03

Yanolja Launches Corporate Membership Program to Expand Market: Seoul, South Korea – Yanolja, a leading travel platform, has introduced a new corporate membership program aimed at expandin ...; Global Economic Times Reporter 2024.12.03

Starbucks Tops the List of Coffee Franchises Demonstrating 'Symbiosis' in Q3: A recent study conducted by data research firm Data and Research has revealed that Starbucks is leading the pack among the top ten ...; Desk 2024.12.02

Bithumb Faces Backlash Over Misleading Crypto Giveaway: Seoul, South Korea – South Korea's leading cryptocurrency exchange, Bithumb, is under fire for its recent marketing campaign ...; Desk 2024.12.02

China's Oversupply Wreaks Havoc on South Korea's Chungcheong Region Industries: Daejeon, South Korea – The oversupply of goods from China is causing significant disruptions to key industries in South Kore ...; HONG MUN HWA Senior Reporter 2024.12.02

CJ OliveYoung Selects 20 K-Beauty Brands for Global Launchpad: Seoul, South Korea – CJ OliveYoung, a leading health and beauty retailer in South Korea, announced today the selection of 20 ...; Desk 2024.12.02

Jeju Expands Reward Program for Businesses Participating in Disposable Cup Deposit System: Jeju City, South Korea – The Jeju Special Self-Governing Province, under the leadership of Governor Oh Young-hoon, has annou ...; Hwang Sujin Reporter 2024.12.02

Apple's Global Dominance and the Rise of Chinese Competitors in the Premium Smartphone Market: A recent report by Counterpoint Research has revealed a stark shift in the global premium smartphone market. Apple has solidified ...; Hwang Sujin Reporter 2024.12.02

South Korea's Domestic Sales Index Plunges, Signaling Economic Slowdown: Seoul, South Korea – South Korea's domestic sales index, a key indicator of domestic consumption, has been on a downward tra ...; Global Economic Times Reporter 2024.12.02

Korean Air Extends Coatroom Service for Winter Travelers: Seoul, South Korea – Korean Air announced on November 26th that it will be extending its popular Coatroom service for winter ...; Desk 2024.11.30

Incheon Airport Breaks Ground on Smart Racing Park: Incheon, South Korea – Incheon International Airport Corporation announced on November 28th that it had broken ground on the ...; Hwang Sujin Reporter 2024.11.30

Mandarin Robotics Introduces Robotic Wok Cook for Consistent Chinese Cuisine: Seoul, South Korea – Mandarin Robotics, a food tech startup, has unveiled a revolutionary robotic wok cook designed to addre ...; Global Economic Times Reporter 2024.11.29