
South Korean Banks Cut Entry-Level Hiring Nearly 40% as AI Reshapes Workforce Needs
South Korea’s major commercial banks are sharply reducing entry-level recruitment even as profits and employee pay climb, signaling





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South Korea’s major commercial banks are sharply reducing entry-level recruitment even as profits and employee pay climb, signaling

South Korea’s response to a personal-data breach at streaming platform Tving is raising broader questions about corporate accountability

The global obesity-drug market is moving beyond a contest between injectable treatments, as pharmaceutical companies pursue oral medications

Seoul’s housing market is showing a widening disconnect between rising property values and weakening transaction activity, a trend

Photo=Motionelements South Korea’s growing pile of dormant financial accounts highlights a persistent challenge for banks and financial institutions: returning unclaimed money to customers while managing an expanding base of inactive accounts. For U.S. financial firms and investors watching Asian banking markets, the trend underscores the operational costs of customer disengagement and the importance of effective account-management and asset-recovery systems. The

Photo=HD Hyundai The global market for conventional submarines is creating new opportunities for defense contractors as governments seek to rebuild naval capabilities and diversify suppliers. South Korea’s push into Latin America could open a new front in competition with European shipbuilders, offering potential opportunities for U.S. defense investors and suppliers that track international naval procurement, technology partnerships and the expansion

Photo=Motionelements South Korea’s creator economy is maturing into a more concentrated business, with the top 10% of companies in the YouTube and digital media sector accounting for 76% of reported corporate revenue in 2025. For U.S. digital platforms, advertising buyers and investors watching the creator economy, the shift highlights both the commercial potential of professionalized content businesses and the widening

(Photo=Yim SiWang instagram) Tom Cruise offered a lesson in filmmaking to South Korean actor Yim Si-wan, encouraging the Netflix "Squid Game" star to pursue ambitions beyond acting and approach his career with the mindset of a director. The conversation brought together one of Hollywood's most established stars and an actor who gained international recognition through Netflix's global hit. Yim, who

(Photo=National Health Insurance Service) South Korea is preparing to collect nearly $2.4 billion in additional health insurance premiums from millions of households while returning another $1.3 billion to people who paid too much. The seemingly contradictory approach is part of an effort to make the country's universal health insurance system more closely reflect what people actually earn. Unlike the U.S.,