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Read Korea's daily news here 👉https://www.chosun.com/english/national-en/2024/12/27/3UZZQ7KTKNCQZI4TZOTUGAOWJE/

Impeachment protests disrupt life in Seoul’s elite Hannam-dong, as residents endure noise, traffic, and disturbances in ...
27/12/2024

Impeachment protests disrupt life in Seoul’s elite Hannam-dong, as residents endure noise, traffic, and disturbances in the once-quiet affluent area.

Impeachment rallies disrupt Seouls wealthy Hannam-dong neighborhood

The penalty-free cancellation period for accommodation contracts now extends to 24 hours post-contract, with clear rules...
27/12/2024

The penalty-free cancellation period for accommodation contracts now extends to 24 hours post-contract, with clear rules to prevent disputes.

Korea extends hotel cancellation window to 24 hours Korea revises accommodation cancellation rules to reduce disputes.

Ukrainian forces captured a suspected North Korean soldier deployed with Russian troops during operations in Kursk, mark...
27/12/2024

Ukrainian forces captured a suspected North Korean soldier deployed with Russian troops during operations in Kursk, marking a significant first.

Ukrainian forces detain North Korean soldier in Russia for the first time

Support for nonmarital childbirth in South Korea has grown, with 37.2% agreeing in 2023, especially among younger genera...
27/12/2024

Support for nonmarital childbirth in South Korea has grown, with 37.2% agreeing in 2023, especially among younger generations and women in their 20s and 30s.

More young South Koreans support nonmarital childbirth The younger the generation the more positively they view nonmarital childbirth with 39 percent of men and 35 percent of women in agreement

In Seoul, saving for a home without spending any salary now takes 13 years, down from 15.3 last year, driven by falling ...
27/12/2024

In Seoul, saving for a home without spending any salary now takes 13 years, down from 15.3 last year, driven by falling apartment prices and high interest rates.

Seoul homebuyers need 13 years of salary savings, ownership rate drops to 60.7% Seouls homeownership decline highlighted in recent housing report as buyers face increased savings time

Influenza and norovirus cases doubled in a week; health authorities stress hygiene practices, as norovirus lacks a vacci...
27/12/2024

Influenza and norovirus cases doubled in a week; health authorities stress hygiene practices, as norovirus lacks a vaccine and spreads easily via contact.

Influenza and norovirus cases double in South Korea, prompting hygiene warnings Rising infection rates of seasonal illnesses in Korea highlight urgent hygiene measures needed

The FSS extended eased regulations for savings banks exceeding investment limits to support real estate PF cleanup, amid...
27/12/2024

The FSS extended eased regulations for savings banks exceeding investment limits to support real estate PF cleanup, amid concerns over capital soundness.

FSS extends savings bank regulations as real estate PF normalization stagnates FSS prolongs easing of regulations for savings banks amid ongoing real estate investment uncertainties

Korean dumpling exports are set to hit a record high, driven by rising demand, plant-based options, and strong growth in...
27/12/2024

Korean dumpling exports are set to hit a record high, driven by rising demand, plant-based options, and strong growth in the U.S., Europe, and Asia.

Korean dumpling exports surge as Bibigo dominates U.S. market with 42% share Surging demand for plant-based dumplings opens new international markets amidst record exports.

Shinsegae and Alibaba's joint venture boosted CJ Logistics' stock, as investors expect collaboration on logistics, pushi...
27/12/2024

Shinsegae and Alibaba's joint venture boosted CJ Logistics' stock, as investors expect collaboration on logistics, pushing stock prices up 8.25%.

Shinsegae and Alibaba launch joint venture as CJ Logistics stock surges

The Korea Communications Commission's 2024 survey provides insights on OTT market conditions and usage behaviors in Saud...
27/12/2024

The Korea Communications Commission's 2024 survey provides insights on OTT market conditions and usage behaviors in Saudi Arabia, Turkey, Spain, and Portugal.

KCC reveals K-content export strategy through overseas OTT market research

Stocks with a settlement date at year-end are dropping significantly on the ex-dividend date, reflecting lost dividends ...
27/12/2024

Stocks with a settlement date at year-end are dropping significantly on the ex-dividend date, reflecting lost dividends and worsened by a bearish stock market.

Yesco Holdings, Hanyang Securities stocks plunge on ex-dividend declines

Korea Advanced Materials' stock hit the ceiling price, rising nearly 30%, driven by strong quantum computing stocks and ...
27/12/2024

Korea Advanced Materials' stock hit the ceiling price, rising nearly 30%, driven by strong quantum computing stocks and high demand in its recent rights offering.

Quantum computer boom boosts Korea Advanced Materials stock to ceiling price

Gmarket CEO Jeong Hyeong-gwon assured employees that employment and operations will remain unchanged after the joint ven...
27/12/2024

Gmarket CEO Jeong Hyeong-gwon assured employees that employment and operations will remain unchanged after the joint venture with Alibaba, aiming for global growth.

Gmarket CEO assures employees of stability after Alibaba joint venture announcement Gmarkets leadership reaffirms commitment to workforce stability following strategic alliance with Alibaba

KAIST and partner universities developed a hoverbike with 60% better performance than foreign models, offering potential...
27/12/2024

KAIST and partner universities developed a hoverbike with 60% better performance than foreign models, offering potential for logistics, rescue, and more.

South Korean researchers boost hoverbike performance by 60% for diverse applications Innovative development elevates hoverbike capabilities for future use in numerous sectors

The South Korean economy faces a triple threat with a plunging won, declining exports, and strained labor relations amid...
27/12/2024

The South Korean economy faces a triple threat with a plunging won, declining exports, and strained labor relations amid ongoing political turmoil and a potential Trump tariff hike.

Red flags: Korea grapples with currency shock, export slump, and labor strife The South Korean economy faces warning signals amid political turmoil

Heavy snow of up to 20 cm will fall in parts of Korea through the 28th, with cold temperatures and wind chill making it ...
27/12/2024

Heavy snow of up to 20 cm will fall in parts of Korea through the 28th, with cold temperatures and wind chill making it feel even colder nationwide.

Snowstorm strikes Jeonbuk with 20cm, Chungnam with 10cm

Hybrid car sales are rising globally, with Toyota leading the U.S. market and Hyundai revising strategies to expand hybr...
27/12/2024

Hybrid car sales are rising globally, with Toyota leading the U.S. market and Hyundai revising strategies to expand hybrid production in the U.S.

Toyota leads U.S. hybrid car market as sales surge in Korea and abroad Toyotas dominance in the hybrid market is complemented by Hyundais strategic shift towards hybrids in response to increasing consumer demand.

South Korea faces political chaos as the Democratic Party moves to impeach acting president Han Duck-soo, risking a seco...
27/12/2024

South Korea faces political chaos as the Democratic Party moves to impeach acting president Han Duck-soo, risking a second acting leader and economic instability.

Editorial: Another impeachment could push Korea into chaos

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