Photo=Instagram South Korea’s top antitrust regulator strongly defended the government’s ongoing investigation into e-commerce giant Coupang Inc., asserting that local competition laws are enforced uniformly without regard to corporate nationality, while simultaneously apologizing for past political comments that threw his neutrality into question.Fair Trade Commission (FTC) Chairman Joo Byung-ki pushed back against complaints from Washington during a National Assembly hearing

Photo=Motionelements South Korean stocks suffered one of their sharpest declines in years on July 28, with the benchmark Kospi briefly breaching the psychologically important 6,000 level, as a wave of panic-selling hit semiconductor heavyweight shares over growing concerns that China’s expanding memory-chip industry could challenge the long-standing dominance of global suppliers. The benchmark Kospi closed 10.84% lower at 6,023.66, after

Photo=Coupang Employees at Coupang Inc. have handed the e-commerce giant’s leadership dismal ratings across key workplace metrics, according to internal data that shows a severe erosion of worker confidence following a major personal data leak late last year. An analysis released July 29 by workplace platform Blind revealed that employee interest in the company surged dramatically immediately after the breach

Photo=Motionelements South Koreans consume more electricity for summertime cooling than residents of most other advanced economies, yet they continue to enjoy some of the lowest household power bills in the developed world, according to utility data that highlights the country’s heavily subsidized approach to residential energy. Data released by state-backed utility Korea Electric Power Corp. (KEPCO) on July 29 shows

(Photo=The Blue House of the Republic of Korea) South Korea is expanding its search for long-term economic partners beyond its traditional relationships with the United States, China and Europe, turning to Brazil as it seeks to secure critical mineral supplies, strengthen its aerospace industry and broaden global markets for its consumer brands. The strategy reflects Seoul’s effort to reduce supply