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South Korea Presidential Chief Orders Probe into Retiree Business Abuses at Public Institutionskoreatimes.co.kr
world25 days agoDeveloping

South Korea Presidential Chief Orders Probe into Retiree Business Abuses at Public Institutions

Kang Hoon-sik, presidential chief of staff, directed the finance ministry to investigate suspected abuses by retired employees of public institutions. He highlighted a retirees' association at Korea Expressway Corp. accused of improper profits from service stations. Efforts aim t…

Yonhap
koreatimes.co.kr
2 sources
Japan Identifies 250 Private Universities for Potential Closure or Merger Due to Declining Youth Populationjapantimes.co.jp
finance28 days agoDeveloping

Japan Identifies 250 Private Universities for Potential Closure or Merger Due to Declining Youth Population

Japan's finance ministry has proposed closing or merging 250 private universities, which represent 40% of the country's 624 private higher education institutions, according to a report released this month. The move addresses enrolment shortfalls and financial pressures driven by…

South China Morning Post
1 source
South Korea Finance Minister Urges Bio Sector Cooperation Between Large Firms and SMEsAlan Murray-Rust / Wikimedia (CC BY-SA 2.0)
ai32 days agoDeveloping

South Korea Finance Minister Urges Bio Sector Cooperation Between Large Firms and SMEs

South Korea's Finance Minister Koo Yun-cheol emphasized the need for collaboration in the bio sector during a meeting in Seoul on April 27, 2026. He highlighted the importance of a cooperative ecosystem for sustainable growth amid technological transformations. A Bank of Korea re…

Yonhap
1 source
Brazil Allows Workers to Use Severance Fund for Debt SettlementSubstrate placeholder — needs review
world47 days ago

Brazil Allows Workers to Use Severance Fund for Debt Settlement

Brazil's finance minister announced that workers can use a fund normally reserved for severance pay or property purchases to settle debts. The measure aims to provide financial relief amid economic challenges. Details were reported in the Folha de S.Paulo newspaper.

BU
1 source