An economist from the Asia Development Bank urged Korea to consider levying more taxes on the rich to create a more balanced wealth distribution.
South Korean lawmakers opened formal discussions Monday on long-stalled bills regarding human rights in North Korea, galvanized by the adoption of a landmark U.N. resolution condemning Pyongyang's rights abuses.
As Japan slips into recession, South Korea is keeping an increasingly wary eye on its export rival's free-falling currency, which is honing a lasting competitive edge over Korean products in a number of key markets.
North Korea's top military body warned Sunday of “catastrophic consequences” for supporters of a U.N. resolution censuring its human rights record, as state media reported its leader presiding over a fresh military exercise.
South Korea staged a live-fire military drill Friday near its disputed Yellow Sea border with North Korea, despite warnings from Pyongyang ahead of a sensitive anniversary.
The head of the company that operated South Korea's ill-fated Sewol ferry was sentenced to 10 years in prison Thursday, after being convicted of manslaughter over the disaster that killed more than 300 people.
New satellite imagery suggests North Korea may be firing up a facility for processing weapons-grade plutonium, as Pyongyang threatened Thursday a fresh nuclear test in response to U.N. condemnation of its rights record.
North Korea threatened Thursday to bolster its war capability and conduct a fourth nuclear test to cope with what it calls U.S. hostility that led to the approval of a landmark U.N. resolution on its human rights violations.
South Korea's top financial regulator said Wednesday that developing North Korea's moribund economy in the wake of eventual reunification would cost around US$500 billion.
The world's boldest effort yet to hold North Korea and leader Kim Jong Un accountable for alleged crimes against humanity moved forward Tuesday at the United Nations, where a Pyongyang envoy threatened further nuclear tests.