South Korea News

North Korea commissions 2nd naval destroyer as US, South Korea, Japan begin military drill

Samsung Electronics and SK Hynix shares plunged as much as 14% as South Korea s Kospi extended its sharp selloff for a second day. The decline was triggered by renewed concerns over AI chip demand, excess capacity fears, and weak U.S

The global AI boom powered Asia's manufacturing sector in June, with brisk demand for technology-related goods offsetting the drag from the Iran war, private surveys showed on Wednesday, offering some relief for the region's export-reliant economies.Price pres

The Reserve Bank of India (RBI) has warned that a sharp correction in global equity markets, particularly if driven by a reassessment of corporate earnings growth and elevated valuations in AI-related stocks, could spill over to domestic markets. AI-related in

"I do have a good relationship with Kim Jong Un, as you know, you've seen. He didn't like Biden, he didn't like Obama, he didn't like anybody, but he likes me, and I just got along with him very good," Trump told reporters while addressing technology leaders

US President Donald Trump said North Korea has 57 very powerful nuclear weapons and indicated he plans to meet leader Kim Jong Un. His remarks came after he ordered the Pentagon to cut short joint military exercises with South Korea

South Korean and U.S. militaries are shortening their joint drills as requested by the United States

US President Donald Trump has criticised South Korea after Seoul declined his request to assist the United States in its military operation against Iran. Trump said the decision prompted Washington to scale back military drills with the key US ally, while ques

Speaking to reporters, Trump said he called the South Korean President and asked whether he would be willing to "give us a little hand" with Iran, while stressing that the US, however, did not need assistance. Ontario Tragedy: Woman dies after being swept into

US President Donald Trump said on Sunday he had instructed the Pentagon to substantially reduce joint military exercises with South Korea in a social media post that also mentions Seoul's refusal to take part in actions against Iran. Trump said in a post on hi

Overseas fund of funds (FoFs) saw a monthly outflow in July for the first time since April 2025, as mutual funds halted fresh investments in such schemes. The improved performance of Indian markets during the month and the global AI meltdown in some other mark

For the first time in their history, South Africa will play in the knockout stages of the FIFA World Cup. Bafana Bafana secured a monumental 1-0 victory over South Korea on Wednesday evening, sealing second place in Group A

South Korea's ruling party seeks to ease rules for SK Hynix joint ventures. This move aims to attract outside capital for new chip factories

South Korea's benchmark Kospi index plunged 8% to lower circuit on Monday as rising tensions in the Gulf and soaring oil prices rattled global markets. The selloff, led by sharp declines in AI-heavyweights SK Hynix and Samsung Electronics, pushed the index dee

Samsung Electronics said on Monday it aims to bring forward the start of operations of its chip fabrication site in the city of Yongin, south of Seoul, to 2029 from 2030-2031, as it seeks to keep up with surging demand for memory chips used in AI infrastructur

South Korea's Kospi stock index experienced a significant drop Monday morning. Tech firms faced heavy selling pressure due to AI investment boom worries

SK Hynix's proposed $28 billion share sale in the US saw demand exceed offerings by seven times. This strong investor response highlights significant appetite for AI supply chain companies

Shares of South Korean chipmakers Samsung Electronics and SK Hynix rebounded on Wednesday after an early selloff, as investors took advantage of lower valuations following a sharp decline driven by concerns over the sustainability of the artificial intelligenc

Singer-songwriter and TV personality Lee Sang-min s financial history has been in the spotlight for years in South Korea. The artiste had accumulated approximately 6.9 billion won in debt in 2005 after a series of failed business ventures

There was so little action in the first half of the game between South Korea and Mexico that the only statistic Opta could come up with was this: the six offsides in this match (four by Korea Republic and two by Mexico) is the most in the first half of a World

Mexico vs South Korea LIVE, FIFA World Cup: Kim Seung-Gyu comes up with a terrific save in the 20th minute of the game. He was equal to the task as a header from the box from Julian Quinones came into his direction

The 2026 FIFA World Cup is underway, and football fans across the globe are settling in for weeks of action, drama, and memorable moments. One of the tournament s most talked-about viral clips so...

South Korea's run at the 2002 FIFA World Cup remains one of the most extraordinary stories in football history. It was only the second time the tournament had been held in Asia, the first coming two decades before Qatar 2022, when South Korea and Japan agreed...