Posts flaunting luxury items while joking about being broke have sparked anger across South Korean social media.

South Korea may be known for its high-tech advances, luxury skin care products and rapid economic rise, but these days, the generation largely responsible for all that growth isn't faring so well.

When Lee Myung-bak was inaugurated as the 10th president of South Korea in February 2008, it was an astonishing outcome for a poor boy from Pohang, whose No. 1 dream had been simply to get a job.

A condition similar to abdominal pain but with symptoms of sighing, akin to a headache yet unresponsive to medication. It is ...

Kenya: Kenya has signed an agreement with South Korea for a grant to reduce poverty and establish sustainable economic and social development. National Treasury Cabinet Secretary, Henry Rotich and ...

From soaring household debt to entrenched labor dualism, inequality – not innovation – has become the defining feature of South Korea’s new economy. South Korea’s post-war economic rise has often been ...

Nearly 4 in 10 Koreans aged 66 and older are living below the relative poverty line, highlighting deepening economic insecurity for many in the country’s aging population, a government report showed ...

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