South Korea's consumer prices rose 2.1% in March from a year earlier, after a rise of 2.0% in February, government data showed on Wednesday. That was also slightly higher than a median 2.0% increase forecast in a Reuters poll of economists.

SEOUL (Reuters) - South Korea's parliament on Wednesday formally introduced a motion to impeach Finance Minister Choi Sang-mok. National Assembly speaker Woo Won-shik said the parliament would vote within 24-72 hours after the motion was submitted.

South Korea’s Constitutional Court is poised to rule Friday on whether to dismiss or reinstate impeached conservative President Yoon Suk Yeol.

KOMCA’s decision comes at a time when lawmakers and courts around the world are grappling with the issue of copyrighting AI-made works.

South Korea’s Constitutional Court will announce its verdict on President Yoon Suk Yeol’s impeachment on April 4, four months after his ill-fated decision to impose martial law. Yoon unleashed South Korea’s worst constitutional crisis in decades with the move,

SEOUL (Reuters) - South Korea's interim leader Han Duck-soo called on the nation on Wednesday to accept any decision from the Constitutional Court on impeachment of President Yoon Suk Yeol in a calm manner. Han said he "strongly asked" politicians not to make any comments that could incite violence.

South Korean authorities on Wednesday seized one ton of cocaine worth $341.7 million from a ship off the East Asian country's east coast. In Seoul's largest drug bust to date, authorities discovered 50 boxes each carrying approximately 20 kilograms of cocaine hidden on the vessel, Seoul-based Yonhap News reported.

As South Korea prepares to lift a 17-month ban on short selling, market watchers are expressing confidence that long-term benefits from the resumption of the popular trading practice will far outweigh any near-term volatility.