Organization

South Korea

country in East Asia

Also known as Republic of Korea, Rep. Korea, S. Korea, Korea Republic, Hanguk, Daehan Minguk

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In the news

coverage spread: L60/C0/R40

South Korea Remains on US Currency Monitor List

The U.S. Treasury has kept South Korea on its currency monitoring list, citing a strong trade and current-account surplus alongside persistent depreciation pressure on the won. The reports also credit Seoul's reforms to loosen foreign-investor restrictions in the foreign-exchange market, while noting that no country required enhanced analysis for currency manipulation.

9 sources

National Election Commission Raids Signal Data Manipulation Probe

Investigators raided the National Election Commission and regional election offices after findings that NEC and Gyeonggi Province officials manipulated voter turnout data to conceal ballot shortages from the June 3 local elections, with charges including falsifying public electronic records and obstructing official duties. Led by prosecutors such as Kim Tae-hoon, the probe is widening to scrutinize lower-level staff and potential leadership involvement as it seeks the full scope of the discrepancies.

10 sources

South Korea completes ITER vacuum vessel sector module

The Korea-ITER Fusion Day marks the completion of the last vacuum vessel sector assembled by HD Hyundai and its integration into a sector module, moving toward a 5,000-ton donut-shaped vacuum vessel for the ITER reactor. HD Hyundai has produced four of the nine sectors, underscoring South Korea’s pivotal role and international collaboration in advancing fusion energy.

6 sources

Korea Fines TikTok and Apple for Data Use

South Korea’s privacy watchdog fined TikTok 10.3 billion won for unlawfully collecting and using behavioral data from about 9.45 million users for personalized ads, due to inadequate user notification. Apple was fined 252 million won for collecting Siri voice recordings and transcripts without consent, with corrective orders and a broader emphasis on overseas data transfers.

13 sources

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Key facts

Country: South Korea
Inception: August 15, 1948
Website: https://www.korea.go.kr/main, https://www.korea.net/

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