South Korea

Korean stocks have fallen 20% from their peak due to spreading concerns over artificial intelligence (AI). The decline reflects growing uncertainty in the market regarding AI's impact.

US rare earths are being sold to Japan and South Korea despite efforts to build a domestic supply chain. Miners supported by the Trump administration are prioritizing Asian markets over domestic demand.

South Korea lost Canada's $40 billion submarine order to Germany's Thyssenkrupp Marine Systems but demonstrated its capability to compete with traditional undersea warfare powers, enhancing its defense reputation. Analysts highlight that the close contest with Germany cements South Korea's top-tier defense status in the eyes of global buyers.

Non-Stop Travel is offering exclusive kamaʻāina specials, premium tickets to University of Hawaiʻi Warriors football games, escorted group tours to Japan and South Korea, and over 20 escorted sailings aboard Princess Cruises' Diamond Princess and Sapphire Princess.

Ecuador has ratified its trade pact with South Korea, awaiting Seoul's approval. The agreement would allow 99% of Ecuador's exports to enter Korea tariff-free, with shrimp losing a 20% tariff.

South Korea enforced a law allowing punitive damages against news outlets and social media influencers for spreading false information, prompting concerns from journalists and civil liberties groups about self-censorship and restricted critical reporting. The law permits fines of up to 1 billion won for repeat violations and mandates content removal by large social media platforms upon reporting false information.

The Minister invited Hyundai Mobis, LG Electronics, and APACT to invest in EV, semiconductor, and electronics units in Andhra Pradesh during a South Korea visit. LG confirmed a ₹5,000-crore plant at Sri City.

Trip.com cofounder James Liang warns that China's record-low birth rate of 5.63 per 1,000 people in 2023 threatens innovation, as declining populations reduce the talent pool for technological advancement. He highlights East Asia's demographic crisis, with Japan, South Korea, and others nearing 'super-aged' status, and notes global fertility rates below replacement levels in two-thirds of countries.

South Korea enforced a law allowing steep punitive damages against news outlets and social media influencers for spreading false information. Journalists' groups warned the law could chill public discourse and invite censorship due to vague definitions and lack of safeguards.

South Korea is enforcing a law that allows steep punitive damages against news outlets and social media influencers for spreading false information. Journalist groups have raised concerns that the law could suppress public discourse and lead to censorship.

South Korea enforced a new law allowing punitive damages against news outlets and social media influencers for spreading false information, prompting concerns from journalist groups about censorship and chilling public discourse. The law permits fines of up to 1 billion won for repeated distribution of false content and requires social media platforms to remove reported false information.

Canada has selected Germany's TKMS to build 12 new submarines under the country's largest defense procurement, beating Hanwha Ocean's bid. The project, expected to cost up to $70 billion including long-term costs, will replace Canada's aging Victoria-class submarines with TKMS's Type 212CD model, with the first submarine arriving in 2033.

The article discusses how 'seniority-biased' hiring practices in South Korea may offer insights for preventing AI from displacing younger workers globally. It highlights concerns about AI's impact on workforce dynamics and the need for equitable hiring strategies.

Lynas Rare Earths of Australia partnered with South Korea’s JS Link to establish a magnet factory in Kuantan, Malaysia. Lynas will supply materials to JS Link’s factories in South Korea and Malaysia until January 2038, building on a previous collaboration.

Canada has selected Germany’s TKMS for a new submarine contract. The German-owned naval shipbuilder partnered with NATO ally Norway to win the bid, defeating South Korea's Hanwha Ocean.

BonkDAO lost $20 million due to a 'malicious governance proposal' attack. The stolen funds have been traced to crypto exchanges, and South Korea-based Upbit has suspended BONK deposits and withdrawals.

SK Hynix is launching a $29 billion US IPO, positioning it as a bet on the future of artificial intelligence. Investors are purchasing shares based on a positive AI forecast.

Indonesia has abandoned its co-production agreement with South Korea for the KF-21 Boramae fighter jets due to delayed payments and data theft allegations. The revised deal includes a reduced financial commitment of 600 million won and limited technology transfer, with Jakarta now prioritizing the purchase of ready-made jets instead of domestic production.

South Korean semiconductor workers at SK Hynix and Samsung are becoming highly sought-after bachelors due to record bonuses from the AI chip boom, which has driven profits and economic growth. The surge in wealth has led to increased social opportunities for chip workers but also sparked debates about widening wealth inequality.

South Korea is developing procedures to handle the seizure and liquidation of cryptocurrency assets. The amendments aim to formalize how courts execute civil judgments against cryptocurrency holdings.

Canada is set to announce a decision between German and South Korean bids to build 12 submarines, part of its largest military procurement. ThyssenKrupp Marine Systems and Hanwha Ocean are competing, with both emphasizing economic benefits and NATO alignment.

Canada is expected to announce its decision between German and South Korean bids to construct a fleet of 12 submarines, a multibillion-dollar defense project.

Oil prices declined at the SK Innovation Co. Ulsan Complex refinery in South Korea following increased flows through the Strait of Hormuz. The drop erased wartime gains in Brent oil prices amid progress on a US-Iran peace deal.

SK Hynix is pursuing a $29 billion U.S. stock-market listing to compete in the AI memory chip sector and improve its valuation. The listing aims to provide U.S. investors direct access to SK Hynix shares, addressing challenges with existing South Korea-listed shares and unsponsored ADRs. The move coincides with strong demand for high-bandwidth memory chips driven by AI data centers.

Lokesh invites the Telugu diaspora in South Korea to collaborate in the development of Andhra Pradesh. The Minister pledges expedited approvals and transparent governance, highlighting Kia's success as a benchmark for global investors.

South Korea plans to use windfall tax revenue from its booming semiconductor industry to establish a future fund. The fund will finance major industrial projects and support younger generations.

The Bank of Korea (BOK) has issued a warning about risks associated with single-stock leveraged ETFs. South Korea may introduce 10 trillion won ($6.8 billion) in new fiscal stimulus by March to address uneven economic growth, with potential support for sectors like culture and the arts, according to a Citigroup report.

North Korean leader Kim Jong Un observed weapons tests aboard the repaired Kang Kon destroyer, including a nuclear-capable cruise missile. The event marks North Korea's continued naval expansion, following the commissioning of the Choe Hyon destroyer and plans to build more warships, including a 10,000-ton destroyer.

North Korean leader Kim Jong Un supervised tests of a nuclear-capable cruise missile and other weapons aboard the 5,000-ton destroyer Kang Kon, which was damaged in a failed launch last year. The tests, observed from shore, aim to strengthen North Korea's nuclear-armed navy, with Kim ordering the vessel for active duty within two months.

Brent oil erased its wartime gains as increased flows through the Strait of Hormuz followed progress on a US-Iran peace deal. The development has rekindled concerns about a global oil glut.

BlackRock downgraded its view on emerging-market stocks to neutral from overweight due to concerns about heavy reliance on the AI supply chain in regions like Taiwan and South Korea. However, the firm maintained its positive stance on Brazil.

A rotation into value stocks followed a soft US jobs report, lifting Brazil and South Korea as healthcare, utilities, and staples sectors rallied. The Dow closed at a record 52,900, while chips fell for a third day (SMH −4.54%) as growth stocks underperformed.

South Korean stocks rose 5% following a turbulent week driven by fluctuations in AI-related markets.

South Korea has introduced 24-hour trading for the South Korean won amid a tense economic climate. The move comes at a time described as 'fraught,' suggesting heightened market or geopolitical pressures.

South Koreans are using AI to create video messages from deceased loved ones, with companies like Vaice offering services for 600,000 won ($390) per video. These videos, often featuring heartfelt messages and apologies, are used in family rituals and holidays, but raise ethical and psychological concerns.

Investors are using leveraged ETFs to increase their AI-related investments. South Korean companies like Samsung and SK Hynix will invest at least 1,350 trillion won ($880 billion) in chips and data centers to maintain their AI industry leadership.

South Korea disputes a U.S. congressional report accusing it of discriminating against Coupang, a U.S.-listed e-commerce company fined 625 billion won for a data breach. The report claims South Korea used coercive tactics against Coupang, while Seoul asserts its actions were lawful and non-discriminatory. Coupang plans to challenge the fine in court, citing inadequate consideration of its security improvements.

A US tech rout has negatively impacted the sentiment for Japan and South Korean chip stocks. The downturn in the US technology sector is souring market confidence in semiconductor-related equities in East Asia.

South Korea is adopting unstaffed coffee shops, ramen eateries, and flower outlets using robots and self-service to address rising labor costs. The National Fire Agency estimates 9,000 such stores nationwide by 2024, with Samsung Card projecting a fourfold increase from 2020 to 2025.

Bereaved individuals in South Korea are using tech startups to create short AI-generated videos of deceased relatives. The practice highlights the country's digital innovation in addressing grief.