South Korea's government said on Monday it will extend the shutdown of Muan International Airport by a week to Jan. 14, citing the ongoing investigation into the crash of a Jeju Air jet that killed 179 passengers on board.

South Korean IT services provider LG CNS started bookbuilding on Monday to raise up to $817 million in an initial public offering (IPO), according to a term sheet reviewed by Reuters. There are 19.37 million shares being sold in the deal in a price range of 53,

The man central to blocking investigators from arresting South Korea's impeached President Yoon Suk Yeol has come under the spotlight himself in the political crisis sparked by Yoon's brief declaration of martial law last month.

Impeached South Korean President Yoon Suk Yeol avoided an arrest attempt Friday after an hourslong standoff between anti-corruption investigators and presidential security.

The government has little to show for the hundreds of billions of dollars spent on pro-natal policies over nearly two decades.

A YouTube video, believed to show the final moments before the disastrous Jeju Air crash that killed 179 people on December 29, has circulated widely online according to local media.

A standoff between the impeached president’s security team and officials seeking to detain him was echoed on the streets outside the presidential residence.

US Secretary of State Antony Blinken on Monday opened a visit to crisis-riven South Korea where he will seek delicately to encourage continuity with the policies, but not tactics, of the impeached president.

Although most people in South Korea are upset and angry at Yoon's decision to impose martial law, a core of his supporters have stayed loyal. Some even camped overnight, in freezing temperatures, to try and stop police reaching his home.

SOUTH Korea was spared a financial maelstrom even as it battles a political crisis, underscoring the extent to which its markets have matured, bolstered by swift efforts to reassure investors. Read more at The Business Times.

Death and destruction in Korea are felt at the individual, family and national levels but at the international level, it has become only a statistical addition to the list of millions dying each year