South Korea tackled difficult economic reforms following the crisis, including restructuring some chaebols, increasing labor market flexibility, and opening up to more foreign investment and imports.

Ryu Young-sang, head of SK Telecom, South Korea’s largest mobile operator by market share and a subsidiary of the powerful chaebol SK group, wanted to meet, recalls the 40-year-old Park ...

The economic proposals unveiled by Lee Jae-myung, the presidential front-runner of the liberal Democratic Party of Korea, are triggering alarm bells among major South Korean conglomerates ...

This time it is a K-pop idol. On the 23rd ... The first instance of a 'coming out' in South Korea was the case of broadcaster Hong Seok-cheon. In 2000, Hong Seok-cheon, who declared coming ...

Hong Seok-cheon became the first celebrity in South Korea to come out in 2000. Afterward, Som Hae-in, who gained recognition by appearing on Mnet's "Idol School," confessed her bisexuality ...

In South Korea, an idol’s fall from grace can ... facing any pushback” – unlike powerful politicians or chaebol executives, idols are uniquely exposed and vulnerable in the public eye.

South Korea’s major conglomerates ... Notably, none of the three chaebol groups donated to former President Joe Biden’s inauguration in 2021. Under US law, foreign individuals or corporations ...

If the dramatic flair, the intricate plots, stunning visuals, and the charged performances of the K-dramas were to collide with the plotlines of some of the American shows, the internet would implode.

Bain, a member of boy band Just B, has become the first South Korean K-pop idol to publicly come out as gay, a landmark move that challenges deep-rooted taboos in the country’s entertainment ...

As culture-law scholar Lee Gyu-tag told the Korea Herald ... In that environment it is cheaper to chase an idol’s alleged sins than audit a chaebol’s debt ratios. The macro stakes are ...

SINGAPORE: It’s been close to a decade since the glossy facade of South Korea’s entertainment industry ... and it’s becoming more common for idols to take formal hiatuses to focus on their ...