Korea Joongang Daily
Korea JoongAng Daily

Lotte Card given notice of $3M penalty, business suspension over massive data breach

Lotte Card has been notified by the financial watchdog that it is liable for around 5 billion won in financial penalties and a business suspension of over four months over a massive data leak, informed sources said Thursday.

2026-04-09

Seoul court rules that Climate Ministry must cancel $21M fine on BMW Korea

A Seoul court ruled that the Ministry of Climate, Energy and Environment must cancel a 32.1 billion won ($21 million) fine imposed on BMW Korea over the series of vehicle fires in 2018, legal sources said on Monday.

2026-03-16

Vance warns Korean prime minister against 'penalizing' Coupang, other U.S. tech firms: WSJ

U.S. Vice President JD Vance warned Korea's Prime Minister Kim Min-seok against "penalizing" e-commerce giant Coupang and other U.S. tech firms during their recent talks, a report said Tuesday.

2026-01-28

DP welcomes death sentence request for Yoon, PPP stays mum

The Democratic Party (DP) expressed support for prosecutors seeking the death penalty for former President Yoon Suk Yeol on charges of leading an insurrection, while the main opposition People Power Party (PPP) offered no official response.

2026-01-14

No-show penalty at fine dining restaurants raised to 40 percent

The ceiling for no-show penalties at reservation-based fine dining restaurants will be raised to 40 percent of the preordered menu, the antitrust regulator said Thursday.

2025-12-18

Prosecutors demand death penalty for man accused of killing son at birthday party

Prosecutors have demanded the death penalty for a man accused of shooting his son to death at his own birthday party, legal sources said Tuesday.

2025-12-09

Korea's financial regulator issues 2 trillion won in penalties to five banks for ELS mis-selling

Korea’s financial regulator has sent preliminary notices of penalties totaling around 2 trillion won ($1.36 billion) to five banks for the alleged mis-selling of equity-linked securities tied to Hong Kong’s Hang Seng China Enterprises Index (HSCEI).

2025-11-28

Death penalty sought for man who killed ex-girlfriend and her boyfriend in Icheon

Prosecutors have demanded the death penalty for a man accused of killing his ex-girlfriend and her boyfriend at a studio apartment in Icheon, Gyeonggi.

2025-09-25

Prosecutors seek death penalty in fatal stabbing of convenience store worker

Prosecutors seek the death penalty for a man charged with murdering his stepbrother and a convenience store worker in Siheung, Gyeonggi.

2025-09-08

Middle school coach permanently expelled after assaulting student with a shovel

A middle school ssireum coach who struck a student in the head with a shovel has been permanently expelled from the sport.

2025-08-28