Photo=Motionelements South Korea raised its government-imposed caps on wholesale fuel prices, underscoring mounting pressure on energy costs even as authorities try to shield consumers. The Ministry of Trade, Industry and Energy set a second round of maximum wholesale prices, effective at 12:00 a.m. for two weeks, at $5.53 per gallon for gasoline, $5.50 per gallon for diesel used in vehicles

(Photo=Pixabay) South Korea’s senior public officials are rushing to sell off multiple homes as the government tightens rules designed to eliminate conflicts of interest in housing policy, underscoring the central role real estate plays in the country’s economy and politics. At the heart of the shift is a directive from President Lee Jae-myung barring officials who own more than one

Photo=Samsung Lee Jae-yong, executive chairman of Samsung Electronics, has moved to bolster morale among employees stationed in the Middle East, offering high-end Galaxy devices to staff and their families as regional tensions escalate.  The gesture, which includes a choice between a premium laptop or a bundle of flagship smartphone and tablet products, comes as Samsung scales back its physical presence

Photo=Motionelements South Korea’s corporate outlook turned negative again in April after a brief recovery the previous month, as escalating tensions in the Middle East weighed on business sentiment. The Business Survey Index (BSI) for the country’s top 600 companies by sales came in at 85.1 for April, falling below the neutral level of 100, according to data released April 25.

Photo=Sanbonjeil Hospital South Korea, long mired in one of the world’s steepest fertility declines, is showing early signs of a rebound in births—offering a rare note of optimism for a country grappling with a deepening demographic crisis. The country recorded about 26,900 births in January, the highest figure for the month in seven years, according to government data. The increase