South Korea’s lower court on Friday ordered the Korean government and Seoul City to repay US private equity firm Lone Star Funds 168.2 billion won ($127.6 million), which the firm had paid as corporate tax levied on the sale of its now-defunct Korea Exchange Bank stake. The Seoul Central District Court said the central government should pay 153 billion won and Seoul city government 15.2 billion won, respectivel.
Sejong University topped this year's Korean list for the Leiden Ranking, a global university ranking that assesses the volume and citation impact of publications released by universities, officials said Monday. It is the first time for the university to top the list after ranking second for the last two years, Sejong University officials added. After Sejong University, Ulsan National Institute of Science and Tec.
An outbreak of lovebugs, a species of March fly that remains in pairs, has spread rapidly to areas across Seoul over the weekend, according to reports from authorities Sunday. In 2022, several complaints were filed about lovebugs in northwestern Seoul and Goyang, Gyeonggi Province. However, this year, the outbreak has spread to other districts, such as Dongdaemun-gu and Seongdong-gu in eastern Seoul, and Gwanak-gu in.
Global Education Venture, an educational company based in Dubai, has joined hands with boarding school King’s College to provide British education to students across the world. This partnership aims to establish British schools across regions including South Korea, Singapore, China, Hong Kong, Macao, India and Nepal. More regions will be added to the list going forward. Based on the agreement, Global Education .
A Korean national, identified only by his surname Kim, has been arrested for sexually harassing three females in Osaka, Japan, according to a Japanese broadcaster's report on Tuesday. The man allegedly committed a total of eight crimes over the course of one week that included robberies and sex crimes after arriving in Japan, prompting local police to launch further investigations. According to Yomiuri TV and lo.