South Korea

HSBC Holdings Plc (HSBA) and Credit Agricole SA (ACA) were penalized by South Korean regulators for improperly outsourcing domestic branches’ derivatives trading to their Hong Kong branches.

Asians are more likely than people elsewhere in the world to use their mobile phones to do their banking and to shop online, according to a global survey released Monday.

Former South Korean president Roh Tae-woo was admitted to hospital with a bad cough and ended up on the operating table to remove an acupuncture needle from his right lung.

By the end of 2012, South Korea intends to connect every home in the country to the Internet at one gigabit per second. That would be a tenfold increase from the already blazing national standard and more than 200 times as fast as the average household setup in the United States. Take a look through our slideshow of countries with fastest Internet connection speeds to see which else you can find connection speeds that trump the U.S.

The heaviest snowfall in more than a century on South Korea's east coast is causing widespread chaos.