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SEOUL -- After snagging its first ever operating profit last year, South Korean online retailer Coupang is aiming to extend its reach in the domestic market beyond food and daily necessities to luxury goods, leveraging a recent acquisition of high-end U.K.-based platform Farfetch.
SINGAPORE/SEOUL -- Fertility rates in Singapore and South Korea fell to record lows in 2023, as governments try but fail to encourage couples to have more children.
SEOUL — South Korea's fertility rate, already the world's lowest, continued its dramatic decline in 2023, as women concerned about their career advancement and the financial cost of raising children decided to delay childbirth or to not have babies.
SEOUL — North Korea's first spy satellite is "alive", a Netherlands-based space expert said on Feb 27, after detecting changes in its orbit that suggest Pyongyang is successfully controlling the spacecraft — although its capabilities are still unknown.
SEOUL — President Yoon Suk-yeol vowed on Tuesday (Feb 27) to go ahead with a plan to increase the number of students admitted into medical schools to improve healthcare in South Korea, and said there was no justification for the protests this reform had triggered.
SEOUL -- South Korea's fertility rate fell to another record low in 2023, showing the country's demographic crisis is deepening despite billions in government spending meant to arrest the fall.
SEOUL -- North Korea has sent 6,700 shipping containers of ammunition to Russia in recent months, potentially providing over 3 million 152-millimeter artillery shells, South Korea's defense chief says.
SEOUL -- Japan and South Korea should consider issuing a new joint statement in 2025 as they mark key milestones in bilateral relations, said Park Cheol-hee, a key foreign policy adviser to South Korean President Yoon Suk Yeol.