Over half of all offenders in sex crimes against minors avoid prison time, report finds

More than half of all those convicted of sex crimes against minors in Korea over the past decade avoided prison time, receiving suspended sentences instead, a Ministry of Gender Equality and Family report released Tuesday showed.

2026-05-12

Coupang reports Q4 revenue increase while operating profit sharply declines

Coupang posted a fourth quarter revenue of $8.8 billion last year, up 11 percent from a year earlier, while operating profit plunged 97 percent over the same period.

2026-02-27

Coupang claims perpetrator saved data of some 3,000 customers in SEC filing amid criticism

Coupang has claimed the perpetrator in a massive data leak incident saved limited information from about 3,000 customer accounts in a filing to the U.S. securities watchdog, despite criticism in Korea regarding the firm's internal investigation.

2025-12-31

Coupang files probe results with SEC as Korean gov't protests

Coupang pushed ahead with the findings of its investigation of a recent data breach by filing them with the U.S. Securities and Exchange Commission on Monday, despite the Korean government's refusal to acknowledge the results.

2025-12-30

'Korea's SEC' is up and running — and already facing roadblocks

Korea's regulatory bodies formed a task force to tackle stock manipulation, aiming for streamlined investigations and enforcement.

2025-07-31

Terraform Labs and founder challenge SEC's $5.3 billion fine

Lawyers representing crypto company Terraform Labs and its disgraced founder Do Kwon demanded a reduced fine from the U.S. Securities and Exchange Commission (SEC), which proposed a $5.3 billion fine over the crash of TerraUSD and Luna coins in 2022.

2024-04-30

Do Kwon's extradition to Korea nixed by Montenegro's top court

The Supreme Court of Montenegro scrapped the extradition of Terraform Labs founder Do Kwon to his home country of Korea.

2024-04-07

How to fall behind the global financial trend

If Korea is not to lag behind the new trend of the financial sector, the government must speed up optimizing the related systems to ensure the stability of our financial market.

2024-01-16

How to fall behind the global financial trend (KOR)