South Korea Financial News

South Korea's leadership crisis will play out in the Constitutional Court, which will decide the fate of President Yoon Suk Yeol and Prime Minister Han Duck-soo, both impeached and suspended from power over a short-lived martial law.

Han Duck-soo, who was impeached on Friday as South Korea's acting president, is a career technocrat whose wide-ranging experience and reputation for rationality failed to shield him from growing political turmoil.

Netflix's "Squid Game", but those simulated deaths have a different effect on its creator, writer and director. Instead, Hwang Dong-hyuk feels happiness seeing them go.

Zoho Corporation's CEO Sridhar Vembu has sparked the 70-hour work week debate once again by backing Infosys co-founder Narayan Murthy.

Squid Game Season 2 or haven’t started yet, take a quick break and check out how the latest season has ignited a meme fest on social media. Fans have been having a blast creating and sharing hilarious, creative memes inspired by the show's shocking twists, intense challenges, and unforgettable characters. From viral moments to iconic quotes, Squid Game Season 2 has already become a major source of internet humour and discussion.

Google has a doodle for popular South Korean Netflix show Squid Game on Thursday. Users can play a game related to the show on Google.

South Korea has officially become a ‘super-aged society’ with 20% of its population aged 65 or older in accordance to a data released by the Ministry of the Interior and Safety, reported Newsweek.

Squid Game, fraudsters are preying on the financially distressed in a slumping economy with promises of prize money, debt restructuring and other schemes that are not always what is promised.

Squid Game, Netflix’s global phenomenon, is all set to stream on the OTT platform. While the series presents a fictional account of desperate individuals competing in deadly games for a massive cash prize, its origins are deeply rooted in real-life events, inspired by the violent Ssangyong strikes of 2009. A factory transformed into a war zone, riot police wielding tasers, and an activist enduring 100 days atop a chimney—the real-life unrest that inspired Netflix’s most successful show bears all the elements of a gripping TV drama.

Subscribe to enjoy similar stories. Chaos isn’t a pit. Chaos is a ladder. Many who try to climb it fail and never get to try again. The fall breaks them. And some are given a chance to climb. They refuse, they cling to the realm or the gods or love. Illusions. Only the ladder is real. The climb is all there is.—Petyr ‘Littlefinger’ Baelish The previous part of this article discussed how many economic miracles have been midwifed amid the chaos of global geopolitics.

Squid Game season 1 left you wanting more, then you are in better luck. Netflix's most-watched series of all time is set to return for its long-awaited second season, with Player 456 back for revenge. There is another round of lethal games in store as Netflix announced the show's return for a Season 2. It was not at all a surprise as Squid Game Season 1 became 'Netflix's biggest series launch ever' with over 111 million viewers. Streaming later this month, the Korean thriller centres around a deadly survival game in which hundreds of players compete for the chance to win a 456 billion won cash prize.

Yoon Suk Yeol over his December 3 declaration of martial law, summoning him for questioning on Christmas Day despite his repeated refusal to cooperate. The Corruption Investigation Office for High-Ranking Officials, which is leading a joint investigation with police and military authorities into the ill-conceived power grab that lasted only a few hours, said it plans to question Yoon on charges of abuse of authority and orchestrating a rebellion. Yoon, whose presidential powers have been suspended since the opposition-controlled National Assembly impeached him on December 14, has dodged several requests by the joint investigation team and public prosecutors while also blocking searches of his office. It's not clear what investigators can do if Yoon continues to reject their demands. Under the country's laws, locations potentially linked to military secrets cannot be seized or searched without the consent of the person in charge, and it's unlikely that Yoon will voluntarily leave his residence if he faces of being compelled to appear.

Asian stocks are mostly higher ahead of the Fed’s last rate decision this year

Shares are mixed in Asia after the Nasdaq set a record ahead of a meeting by the Federal Reserve later this week that could set the direction for markets in the new year

Federal Reserve. A key stock benchmark for the region climbed, as did shares in Australia and Japan. South Korean equities fell, while futures for Hong Kong stocks pointed to a decline. The moves came after a positive session on Wall Street, where the Nasdaq 100 gained more than 1% to reach another record high.

LG Electronics Inc. is considering increasing the valuation of its Indian unit to as much as $15 billion in a planned listing in Mumbai next year after initial feedback from analysts and investors, according people familiar with the matter. The South Korean company is planning to start a formal roadshow for LG Electronics India Pvt.’s IPO within the next two months and is targeting a listing in the first half of 2025, the people said, asking not to be identified because the information is private. The company had earlier eyed a valuation of around $13 billion, Bloomberg News reported in September.