Korea Joongang Daily
Korea JoongAng Daily

North Gyeongsang wildfires create record 1.54 million tons of waste

The North Gyeongsang government estimated on Wednesday that the wildfire generated 1.54 million tons of waste, which will cost 138.1 billion won to process.

2025-05-07

Gov't signs off on $1.3 billion North Gyeongsang wildfire recovery plan, largest in history

Authorities confirmed a record-breaking 1.8 trillion won ($1.3 billion) recovery plan for victims of the large-scale wildfire that swept through North Gyeongsang in March.

2025-05-06

Police open probe into Moon Jae-in's wife over abuse of presidential funds

Police have launched a formal investigation into allegations that former first lady Kim Jung-sook used special presidential funds to purchase clothing when her husband Moon Jae-in was president.

2025-05-01

NEC sets campaign spending at $41M for presidential election

The National Election Commission has announced that presidential election candidates can spend up to 58.85 billion won on their campaigns.

2025-04-14

Korean gov't to invest in companies to help them weather Trump

The Financial Services Commission is creating a fund to support Korean companies due to concerns about the impact of the Donald Trump government's policy measures.

2025-01-22

Regulator pledges 50 trillion won to calm markets after martial law declaration

The country's financial regulator is prepared to deploy a combined 50 trillion won ($35.4 billion) in funds to stabilize the stock and bond markets amid anticipated market volatility following the declaration of martial law the previous day.

2024-12-04

Korean gov't launches $454 million fund for Korean movies, K-dramas, webtoons

The Korean government launched a $454 million investment fund to support Korean entertainment ventures.

2024-10-02

Controversy erupts over DP's cash handouts to refugees in Korea

The inclusion of refugees as beneficiaries in the liberal-backed "cash handout bill" passed on Aug. 2 has sparked criticism from conservatives, who accuse the legislation of wasting tax money on foreigners.

2024-08-06

Don’t let activist funds hamper growth

A binge over today’s profits may please shareholders for now, but it can translate into a doom for both the company and its stakeholders in the future.

2024-03-13

Five activist funds call for Samsung C&T to up shareholder value at general meeting

Five activist funds demanded Samsung C&T raise cash dividends and cancel treasury stocks. The company plans to put the requests up for a vote at an annual shareholders meeting on March 15, the company said in a regulatory filing.

2024-02-15