Labor circles have welcomed the latest Supreme Court ruling against the peak wage system, a scheme introduced by firms to gradually reduce the salary of senior workers ahead of retirement.Calling the verdict an “inevitable outcome,” the Federation of K…
One in five adolescents in South Korea are overly dependent on smartphones or the internet.According to the latest survey by the Ministry of Gender Equality and Family conducted on some one-point-two million students in the elementary, middle and high …
The Korea Election Pool, an arm of the Korean Broadcasters Association, said on Thursday that it will conduct exit polls for the June 1 local elections.KBS, MBC and SBS, the three terrestrial broadcasters that comprise the pool, will carry out exit pol…
SEOUL– The Constitutional Court ruled Thursday that a law calling for aggravated punishment against repeated offenses of drunk driving or refusing field sobriety testing is unconstitutional.The nine-justice panel made the ruling in a 7-2 vote to a cla…
The Supreme Court upheld a lower court ruling on the peak wage system that gradually reduces salaries of senior workers ahead of their retirement, finding it unlawful.The top court stated on Thursday that slashing wages only because of one’s age is a v…
SEOUL– The Constitutional Court on Thursday ruled in favor of the country’s penal law that criminalizes workers, who undertake illegal labor strikes, on the grounds that such strikes obstruct business.The court delivered the ruling in a 4-5 decision o…
The Constitutional Court has found a law enforcing aggravated penalties on repeat DUI offenders unconstitutional.The court reached the opinion on Thursday in a seven to two vote among its justices regarding a provision of the Road Traffic Act known as …
SEOUL– The South Korean stock market ended lower Thursday over the gloomy outlook for inflation and concerns over aggressive monetary tightening. The local currency fell against the U.S. dollar.The Korea Composite Stock Price Index (KOSPI) lost 4.77 p…