South Korea’s Acting President Choi Sang-mok ordered the authorities to prepare measures to streamline regulations on foreign-exchange flows as overseas investment grows, in the latest effort to reform a currency market crucial to the nation’s economic stability.

Nam’s employer, construction firm Booyoung, introduced a 100-million-won childbirth bonus in 2023. That shift in mindset could prove critical in a nation where women have increasingly prioritised careers over marriage and parenthood due to the soaring cost of housing and raising a child.

South Korea's acting President Choi Sang-mok on Wednesday ordered a review into the impact of U.S. tariffs on Canada, Mexico and China that came into force this week.

South Korea and Poland have signed a cooperation agreement as the democratic allies find themselves united in their security concerns despite the vast geographical distance between them.