Busan’s apartment market is cooling slightly after Seoul’s slowdown, as changes to housing taxes and continuing regulatory expectations weigh on demand. The Korea Real Estate Institute reported that in the second week of March, Busan apartment prices rose 0.02% from the prior week, a pace that has

A fire broke out on the embankment road along the Yeongsangang River near Yeongsangang Garden in Naju, a city in South Jeolla Province, on March 14. The blaze was reported at 2:50 pm, aided by strong winds that drove flames along the riverbank. Firefighters, along with local officials and

A luncheon at Yeongdeungpo Market in Seoul brought together local figure Jang Dong-hyeok with lawmakers Song Eonseok and Jeong Jeomsik, along with market vendors. Seoul Mayor Oh Se-hoon did not attend. When asked about Oh Se-hoon’s absence, Jang replied, “I don’t know,” signaling a lack of clarity about

The South Korean won weakened against the dollar in late trading, closing at 1,497.50 won per dollar in after-hours activity, up 16.3 won from the previous close. The pair briefly touched 1,500 in intraday trading, before retreating. For the week, the official closing price was 1,

South Korean President Lee Jae-myung has voiced support for scrapping the cap on whistleblower rewards for reporting stock manipulation, saying it could help “build a good country while getting rich.” He posted the remark on social media today, sharing a video the Financial Services Commission posted to explain the policy.

A team led by Professor Park Chan-heum of Hallym University Chuncheon Sacred Heart Hospital has developed a noninvasive nasal-delivery method to administer stem cell therapy for traumatic brain injury. The approach aims to bypass brain surgery while delivering therapeutic cells and factors directly to the brain. Traumatic brain injury is

A fire at a Jewish synagogue in Rotterdam, the Netherlands, was reported in the early hours of the 13th, with authorities saying the blaze was suspected to be arson. Police said the fire burned briefly and went out on its own, and no injuries were reported. Rotterdam Mayor Karola Schhautton

South Korea’s climate and energy ministry, together with Korea Electric Power Corporation (KEPCO), unveiled a plan to revise industrial electricity tariffs to reflect a shift toward renewable power. The proposal, which has cleared the Electricity Committee, would apply to roughly 38,000 companies and is designed to encourage daytime

South Korea began a two-week temporary price ceiling on refined petroleum products today in an effort to curb a potential spike in oil costs tied to tensions in the Middle East. The measure restricts the maximum price refiners can charge gas stations and is intended to blunt consumer-facing price increases.

The U.S. Department of Defense said that Iran’s newly named supreme leader, Mojtaba Khamenei, may have been injured and that his appearance could be damaged, according to Reuters and other outlets reporting on local time the 13th. The claim marks one of the first public suggestions by a