Korea Joongang Daily
Korea JoongAng Daily

Korean truth commission halts probe into adoption fraud, hundreds of cases in limbo

The Korean truth commission suspended its investigation into adoption fraud, leaving 311 cases unresolved.

2025-04-24

Korea's phone plan subsidy cap expires in July — as does its ban on 'discriminatory' pricing

Korea will repeal the Mobile Device Distribution Improvement Act in July, lifting subsidy caps while maintaining protections against discriminatory pricing practices.

2025-04-23

NEC files complaint against 'Huawei'-crying election observers

The National Election Commission has filed a police complaint against observers in the recent by-elections who claimed that they saw a Huawei-related network on their phones at the polling place, saying there was Chinese interference.

2025-04-18

Election commission considers complaint against observer who alleged Chinese interference due to 'Huawei wi-fi'

The NEC is considering filing a criminal complaint against an election observer who complained of possible Chinese election interference after reporting a Huawei Wi-Fi name during the April 2 Guro District by-election ballot count.

2025-04-16

FTC to probe snack and ramyeon makers for price hike collusion

The Fair Trade Commission dispatched investigators to five major food companies — Nongshim, Orion, Haitai, Lotte Wellfood and Crown Confectionery — to examine suspicions of collusion in snack and instant noodle price hikes.

2025-04-14

FSC to freeze accounts suspected of unfair trading, illegal short selling

Korea will begin freezing accounts suspected of being used for unfair trading or illegal short selling under a new regulatory framework that takes effect on April 23, the Financial Services Commission (FSC) announced Monday.

2025-04-14

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

Financial authorities announce $73B market stabilization program

Korea's financial authorities announced a 100 trillion won market stabilization program to respond to growing uncertainty over U.S. tariffs.

2025-04-07

FTC slaps $300,000 fine on Kakao Entertainment for deceptive social media promotion

Korea's Fair Trade Commission (FTC) has imposed a corrective order and a fine of 390 million won on Kakao Entertainment for promoting its music on social media without disclosing the paid adverting nature of the posts.

2025-03-24

NEC secretary-general speaks at Assembly on handling of unfair hires

Secretary-general of the National Election Commission (NEC), stated that he would take swift action if the controversy over preferential hiring of children of high-ranking NEC officials constitutes a violation of the National Civil Service Act.

2025-03-12