Korea secured a rare full annulment of an ICSID damages order, voiding $216.5 million previously awarded to Lone Star Funds in the long-running KEB dispute.
North Korea condemned the latest U.S.–Korea summit fact sheet and SCM joint statement, warning it will take “realistic countermeasures” as it accuses both countries of escalating confrontation.
IRS Raises Retirement Contribution Limits for 2026: 401(k) Cap Increases to $24,500
The Internal Revenue Service (IRS) announced that contribution limits for workplace retirement accounts...
Samsung, Hyundai and other major conglomerates pledged massive new domestic investments and hiring after Korea’s latest tariff deal with the United States, even as the agreement ties lower U.S. tariffs to a $350 billion American investment package and strict performance conditions.
Russia has confirmed that North Korean military engineers have begun clearing mines in the Kursk region, working with Russian forces to remove hundreds of explosive devices left by Ukrainian troops.
CHA Hospital has opened a major infertility center in Seoul that combines artificial intelligence with decades of reproductive-medicine expertise, expanding access to precision fertility care with support from leading specialists.
South Korea and the United States have finalized a sweeping fact sheet that lowers tariffs, unlocks nuclear submarine cooperation and reshapes U.S. troop planning, while building in safeguards for Korea’s financial markets and outlining a coordinated approach to North Korea and China.
Elon Musk split AI5 and AI6 chip orders between Samsung Electronics and TSMC to boost capacity and control costs, while advancing a mega-fab vision. The current Samsung contract totals $16.5 billion, with mass production of AI5 targeted for 2027 and AI6 for 2028.
Hundreds of Yonsei University students are accused of using ChatGPT to cheat on a midterm exam, highlighting the lack of AI use guidelines in Korean higher education.
North Korea fired a short-range ballistic missile into the East Sea after the U.S. imposed new sanctions and sent an aircraft carrier to Busan, heightening regional tensions.
