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More Middle-Aged Koreans Turn to App-Based Delivery Jobs Amid a Changing Labor Market

More Middle-Aged Koreans Turn to App-Based Delivery Jobs Amid a Changing Labor Market

(Photo=Gemini Generated Image) South Korea is seeing a rapid increase in middle-aged workers shifting to app-based delivery jobs as economic pressures intensify. The trend aligns with a broader global move toward gig-economy work among older adults seeking immediate and flexible income sources. Industry data show that rider registrations on South Korea’s major food-delivery apps—platforms comparable to DoorDash and Uber Eats—have

Nov 30 2025
10:00 AM PST
Won Weakness, Rising Inflation, and Soaring Home Prices Keep Rate Cuts Out of Reach

Won Weakness, Rising Inflation, and Soaring Home Prices Keep Rate Cuts Out of Reach

Photo=BANK OF KOREA South Korea is grappling with a triple economic challenge: a weakening won, rising inflation, and climbing housing prices, making interest rate cuts increasingly unlikely. The Bank of Korea’s (BOK) hawkish decision to keep policy rates steady pushed government bond yields higher. In response, the government has cut planned bond issuance to stabilize the market. Data from the

Nov 29 2025
11:00 AM PST
Korean Actors Shin Min-a and Kim Woo-bin Reveal Hand-Drawn Wedding Invitation Ahead of Private December Ceremony

Korean Actors Shin Min-a and Kim Woo-bin Reveal Hand-Drawn Wedding Invitation Ahead of Private December Ceremony

(Photo=belmakang instagram) Shin Min-a and Kim Woo-bin, two leading actors in South Korea’s film and television industry, shared a hand-designed wedding invitation that is drawing attention for its personal, homemade style as the couple prepares for a private ceremony on December 20 in Seoul. The invitation became public on the 27th when a stylist who has worked with Shin for

Nov 29 2025
09:00 AM PST
Foreign Buyers Pass 100,000 Homes in South Korea as Seoul Tightens Oversight of Overseas Purchases

Foreign Buyers Pass 100,000 Homes in South Korea as Seoul Tightens Oversight of Overseas Purchases

(Photo=Pixabay) Foreign ownership of homes in South Korea has crossed a new threshold, a shift gaining attention in the United States because Americans now make up the largest share of foreign landholders in the country. Newly released data from South Korea’s Ministry of Land, Infrastructure and Transport shows how American and Chinese buyers are shaping different segments of the market

Nov 28 2025
08:00 AM PST
Naver to Fully Acquire Upbit Operator Dunamu, Expanding Digital Finance Reach

Naver to Fully Acquire Upbit Operator Dunamu, Expanding Digital Finance Reach

South Korea’s leading portal company Naver is set to make its financial affiliate Naver Financial the 100% owner of cryptocurrency exchange operator Dunamu, the parent company of Upbit, through a comprehensive share swap, the company announced Thursday. Naver said in a statement that the acquisition aims to “secure future growth engines based on digital assets.” Once the process is complete,

Nov 27 2025
01:00 PM PST