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(Author: hyolee2) Samsung Group Chairman Lee Kun Hee donated 17.6 million dollars to

Oct 24, 2015 AM EDT - Diana Tomale

Samsung Group Chairman Lee Kun Hee Donates 17.6 Million Dollars To Government-Initiated Employment Fund 'Youth Hope Fund'

Chairman of Samsung Group, Lee Kun Hee donated 17.6 million dollars from his personal assets to employment fund called "Youth Hope Fund." The employment fund was initiated by South Korean president Park Geun Hye last month.

Photo by: Gaël Chardon / Flickr) Middle-aged South Korean men find career in start-up businesses.

Oct 24, 2015 AM EDT - Diana Tomale

Middle-Aged South Korean Working Men Find New Career In Start-Ups While Waiting For State Pension

Some middle-aged South Korean men leave their jobs to try start-ups while waiting to reach 60 years old and get state pension. Most of these people target the restaurant and shop sectors.

(Author: Kaflan) Bank of Korea reveals that the number of

Oct 23, 2015 PM EDT - Diana Tomale

"Zombie Companies" Unable To Generate Sufficient Revenue To Pay Tax And Interest Dues Exceed 3,000 Over The Past Five Years

"Zombie companies" in South Korea continues to increase and exceeded 3,000 over the past five years, according to Bank of Korea.

(Author: Kaflan) South Korea's economic growth accelerates in the third quarter after an increase of 1.2 percent, according to data released by Bank of Korea.

Oct 23, 2015 PM EDT - Diana Tomale

South Korea's GDP Grows At Its Fastest Pace In Five Years After An Increase Of 1.2 Percent In Third Quarter

South Korea's economy accelerates at its fastest rate in five years after an increase of 1.2 percent was recorded in the third quarter of 2015.

United Nations Secretary General Ban Ki Moon sparks speculations that he might be running for president in South Korea. (Photo by John Moore/Getty Images News)

Oct 23, 2015 AM EDT - Czarelli Tuason

U.N. Secretary General Ban Ki Moon Sparks Speculations Of His Presidential Bid As He Climbs Chinese Mountain Visted By Presidential Hopefuls

U.N. Secretary General Ban Ki Moon's climb to Mount Taishan on Sept. 4 sparked speculations of a presidential run as many South Korean presidential hopefuls were witnessed to climb the Chinese mountain for good luck.

South Korea's military. (Photo by Chung Sung Jun/Getty Images News)

Oct 22, 2015 PM EDT - Czarelli Tuason

South Korea Sends Home Nine Russian Athletes, Trainers And Journalists For Alleged Rowdy Behavior Aboard Flight En Route CISM Military Games

For the sixth Military World Games at Mungyeong, South Korea, nine Russian athletes, trainers and journlists were sent home by the South Korean government for allegedy violating aviation security law.

Families of victims of the Sewol ferry disaster in tears as they visit the site of the accident. (Photo by Ed Jones - Pool/Getty Images News)

Oct 22, 2015 PM EDT - Czarelli Tuason

Korean Ministry Of Oceans And Fisheries Receives 1,297 Applications For Compensation For Damages Caused By The MV Sewol Disaster

On April 2014, a total of 304 passengers reportedly died on the MV Sewol disaster when the vessel capsized. This year, the Korean Ministry Of Oceans And Fisheries already received a total of 1,297 applications for government compensation from te victims' families.

A biker drives along the Han River In Seoul. (Photo by Chung Sung Jun/Getty Images News)

Oct 22, 2015 PM EDT - Diana Tomale

New Bicycle Routes Were Launched ByThe Korea Tourism Organization Along Han River As Part Of "Beautiful Travel Routes On Bicycle" List

The Korea Tourism Organization launches new "travel trails" in order to promote the country's food and local culture.

Women's baseball becomes popular in South Korea. (Photo by Chung Sung Jun / Getty Images Sports)

Oct 22, 2015 PM EDT - Diana Tomale

Browned Eyed Girls' Miryo and 39 Other Female Celebrities Join Hanstar's Baseball Team

40 Korean celebrities are part of the Hanstar Female Celebrities Baseball Team that was inaugurated by Hanstar Media on September 21. Reports reveal that the team started their practice since July.

Container terminal at Busan Port (Photo by Chung Sung Jun/Getty Images News)

Oct 21, 2015 PM EDT - Czarelli Tuason

A Slow Global Demand Puts South Korea’s Exports At 8.3 Percent Decline

With China's 25-year low economic growth and slow shipping demand, as well as the recent MERS outbreak in South Korea, exports in South Korea have decreased by 8.3 percent from the previous year.

Kang Ji Seok (Samuel Kang)  (Photo by Gilbert and Tobin Law Firm)

Oct 21, 2015 PM EDT - Czarelli Tuason

Korean Immigrant Kang Ji Seok Wins Australian Law Awards' Young Gun Of The Year

The prestigious Australian Law Awards on Sept. 17 made Kang Ji Seok (Samuel Kang) the first Korean to win the "Young Gun of the Year" award.

League of Legends | By: Riot Games

Oct 21, 2015 PM EDT - Czarelli Tuason

South Korean Lee ‘Faker’ Sang Hyeok Is ‘God’ Of Multiplayer Online Battle Arena ‘League Of Legends’

Lee "Faker" Sang Hyeok from South Korea is hailed by fans as the "god" of the online battle video game "League of Legends."

Investors worry over the global economic slowdown as Kospi drops 1.89 percent on Wednesday. (Photo by Chung Sung Jun / Getty Images)

Oct 21, 2015 PM EDT - Diana Tomale

KOSPI Weakens By 1.89 Percent On Wednesday As Investors Continue To Worry About The Global Economic Growth

Analysts reveal that investors are concern over the global economic slowdown. Also, KOSPI weakens by 1.89 percent on Wednesday.

A South Korean student from New York University was released by North Korea on Monday after being detained for six months for allegedly crossing North Korea without consent. (Photo by: Chung Sung Jun

Oct 21, 2015 PM EDT - Diana Tomale

North Korea Repatriated South Korean Joo Won Moon After Being Detained For Six Months For Allegedly Crossing Into North Korea

A 21-year-old South Korean student from New York University was repatriated on Monday after being detained for allegedly crossing into North Korea in April.

Apple changes it repair policy after receiving complaints from users. (Photo by Ken Ishii/Getty Images)

Oct 20, 2015 PM EDT - Czarelli Tuason

Apple Changes Its Repair Policy Based On The Korean Fair Trade Commission’s Recommendations

On September, Apple Korea began providing iPhone repairs to customers based on recommended repair policy changes by the Korean Fair Trade Commission.

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