South Korea plans to overhaul its seasonal time-of-use electricity pricing to reflect changing power supplies, with daytime rates expected to fall while nighttime charges rise. The Ministry of Climate, Energy and Environment and state-run KEPCO announced the plan after a screening by the Electricity Tariff Committee. The reforms target industrial

Prices for gasoline and diesel at South Korea’s service stations eased on the morning of the 14th, the day after the government introduced a petroleum price ceiling. The nationwide average price for gasoline was 1,851.9 won per liter as of 9 a.m., down 12.2 won

The standoff between Seoul Mayor Oh Se-hoon and People Power Party leader Jang Dong-hyuk over follow-up steps to verify the credibility of the so-called Jeolyun Declaration continued on the 13th. Jang arrived at the party leadership office in the National Assembly to handle official business, then left for personal matters.

At CES 2026 in Las Vegas, robotics is emerging as a new growth engine for Korea’s appliance and rental firms, which are expanding their business scopes to include robotics rental and services. Cuckoo Homesys, listed as 284740, plans to seek approval at its regular shareholders’ meeting on Jan. 26

As President Donald Trump warned of a strong attack on Iran next week, the United States appears to be moving forces from Japan toward the Middle East, including a Navy amphibious assault ship and its attached Marine Expeditionary Unit, according to U.S. media reports. The Wall Street Journal said

New York City is weighing a bill that would raise the city’s minimum wage from $17 per hour to $30 per hour, a move that, if enacted, would create the highest minimum wage in the United States. The proposal was submitted to the City Council by Councilmember Sandra Nurs,

A prominent U.S. hedge fund, Greenlight Capital, disclosed a significant purchase of Coupang, Inc. shares this week. Neil Mehta, the founder and a member of Coupang’s board, bought 7,351,040 Class A common shares of Coupang, Inc. in three trades from January 11 to January 13. The

The day after South Korea began enforcing a price ceiling on petroleum products, prices at stations across the country fell by double digits, indicating an immediate response to the policy. Data from Opinet, the fuel price information system operated by Korea National Oil Corp, show the national average price for

GreenOak Capital, the investment firm that signaled an ISDS challenge against the South Korean government, disclosed a fresh stake in Coupang Inc., the U.S. subsidiary of South Korea’s leading e-commerce company. The stake purchase was worth about $137 million, according to an SEC filing on the 13th. The

Jeju Island’s Hallim Park was bathed in clear morning light on February 14, as spring flowers, including red plum blossoms and daffodils, bloomed across the site. The scene underscores Jeju’s role as a popular tourism destination that draws visitors for its seasonal flora, even as residents prepare for