South Korea: News
South Korea: Ex-president sentenced in political funding case
A South Korean court has sentenced former President Yoon Suk Yeol to two years in prison for illegally receiving free opinion polling services (worth 270 million won).
South Korea announces record $530B budget, driven by AI boom
South Korea has announced a record-breaking budget of over 800 trillion won ($530.97 billion) for the fiscal year 2027.
Emerging markets saw equity outflow worth $46B in June
Emerging markets witnessed a massive exodus of foreign capital in June, with net outflows from equities hitting $46.1 billion.
South Korea issues 1st-ever emergency heatwave warning
South Korea has issued its first-ever emergency heatwave warning under a new system introduced this year.
SK Hynix eyes $26.5B US listing amid AI chip surge
South Korea's memory chip manufacturer, SK Hynix, has announced its mega US listing.
Korea will use AI windfall to set up growth fund
South Korea is setting up a "Future Response Fund" with the extra tax revenue from its booming semiconductor industry.
SK Hynix announces $51B factory to meet AI memory demand
SK Hynix, a leading South Korean semiconductor manufacturer, has announced plans to invest 80 trillion won ($51.46 billion) into a new NAND memory chip production facility.
South Korea bets $576B on chips, AI to boost economy
South Korea has announced a massive industrial strategy focused on semiconductors and artificial intelligence (AI).
'Squid Game' actor O Yeong-su acquitted of sexual misconduct charges
O Yeong-su, the 81-year-old South Korean actor who gained international fame for his role in Netflix's hit series Squid Game, has been acquitted of sexual misconduct charges by the Supreme Court of South Korea.
AI smart glasses are helping students cheat on exams
The rise of artificial intelligence (AI) technology is changing the game in education, especially when it comes to exams.
Jewar to become North India's Silicon Valley: Ashwini Vaishnaw
The Indian government has taken a major step toward establishing Jewar as a key player in the global electronics and semiconductor manufacturing arena.
South Korea to train 500,000 personnel to become 'drone warriors'
South Korea is planning to transform its military strategy by training all branches of its armed forces in drone operations.
South Korea's Kospi index tumbles 8% as AI-driven sell-off deepens
South Korea's stock market has become a prime example of how the artificial intelligence (AI) boom is reshaping global equities.
Defense firm Anduril in talks to buy Nissan's Japanese plant
US-based defense contractor Anduril Industries is in talks to acquire Nissan Motor's Oppama assembly plant, located near Tokyo, according to Reuters.
Korean chip giant SK Hynix is about to raise $29B
South Korea's chip giant, SK Hynix, is all set to raise a whopping $29.43 billion through American Depositary Receipts (ADRs) on the Nasdaq exchange.
South Korea's 'dopamine sites' let you enjoy fake shopping, dining
South Korean youngsters are increasingly drawn to "dopamine sites," a trend that is changing how they experience consumption.
Woman stalking BTS's Jungkook sentenced to 1 year in prison
A Brazilian woman has been handed a suspended prison sentence for stalking BTS member Jungkook.
'Overtake the world': Kim Jong-un calls for expanding nuclear arsenal
North Korean leader Kim Jong-un has called for a significant expansion of the country's nuclear arsenal.
UAE in talks to buy India's BrahMos, Akashteer defense systems
India is in talks with the United Arab Emirates (UAE) to sell some of its flagship defense systems, Reuters reported, citing Indian sources.
SK Hynix is now South Korea's most valuable company
SK Hynix has overtaken Samsung Electronics to become South Korea's most valuable listed company.
Global investors pull out $8.5B from India-focused funds
Global investors have pulled out nearly $8.5 billion from India-focused funds in 2026, a report by Elara Securities has revealed.
What are Iran's frozen assets at heart of US-Iran deal?
The Iran-US peace deal reportedly includes unfreezing around $12 billion in Iranian assets initially, and the same amount later.
Ex-South Korean President sentenced for sending drones to North Korea
Former South Korean President Yoon Suk-yeol has been sentenced to 30 years in prison for sending military drones into North Korea.
South Korea halts trading as KOSPI index crashes over 8%
South Korea's benchmark stock index, the KOSPI, witnessed a major crash on Monday. The index plunged over 8%, triggering a circuit breaker and forcing a temporary halt in trading.
South Korea nominates 1st female prime minister in 2 decades
South Korean President Lee Jae Myung has nominated Han Seongsook, the current Minister for Small and Medium Enterprises and Startups, as the new Prime Minister.
LG Chairman grills dinner for NVIDIA CEO in viral video
A casual dinner between some of the biggest names in global technology has gone viral.
'Just a number': PM's economic adviser downplays rupee-at-100 panic
Shamika Ravi, a member of the Economic Advisory Council to Prime Minister Narendra Modi, has downplayed fears of the Indian rupee falling to 100 against the US dollar.
Watch: Humanoid robot accidentally kicks child during a demo
A humanoid robot has gone viral after inadvertently kicking a child in the stomach during a public demonstration.
North Korea unveils new plant to produce nuclear bomb fuels
North Korea has unveiled a new facility for producing nuclear bomb fuel, with leader Kim Jong-Un pledging to expand the country's nuclear forces "at an exponential rate."
South Korea overtakes India as 6th-largest stock market
South Korea's stock market has overtaken India's to become the world's sixth largest.
YouTuber arrested for using AI evidence against actor Kim Soo-hyun
A South Korean YouTuber, Kim Se-ui, has been arrested for allegedly using artificial intelligence (AI) to spread false claims about actor Kim Soo-hyun.
Want to watch robo K-pop singers, dancers? Head to Korea
South Korea has unveiled a new kind of entertainment with the opening of Galaxy Robot Park, a 16,500 square meter facility in eastern Seoul.
AI could disrupt 28% back-office roles in India: Report
Artificial Intelligence (AI) is set to disrupt 28% of back-office roles and 24% of data roles in India over the next three years, a new study by SHRM has found.
Police conclude Kim So-hyun never dated Sae-ron as a minor
The long-running legal battle involving South Korean actor Kim Soo-hyun, the late actor Kim Sae-ron, and YouTube channel Hoverlab (GaroSero Research Institute) has reached a major turning point.
Why Starbucks Korea has fired its CEO
Starbucks Korea's CEO Son Jung-hyun has been fired over a controversial marketing campaign.
What's the controversy surrounding IU-Byeon Woo-seok's 'Perfect Crown'?
The K-drama Perfect Crown has been embroiled in a major controversy over its depiction of royal symbols and Korea's sovereignty.
Samsung Electronics' union will go on strike as planned
Samsung Electronics' union has said in a statement that it will proceed with its planned strike despite a local court partially granting the company's request for an injunction.
What to expect from Cannes sensation 'Hope'
Neon has announced that it will release the highly anticipated sci-fi film Hope in theaters this fall.
Samsung Galaxy S24 reportedly explodes: How to protect your phone
A Samsung Galaxy S24 has reportedly exploded while being used normally, sparking concerns among users.
Trump-Xi summit: 'Should be partners, not opponents,' Xi tells Trump
United States President Donald Trump and Chinese President Xi Jinping began their high-stakes summit in Beijing on Thursday.
Iran will be 'blown off...earth' if US vessels attacked: Trump
United States President Donald Trump has issued stern warnings to Iran, saying that the US "can't let Iran have a nuclear weapon."
NVIDIA's pivot to physical AI sparks tech rally in Asia
NVIDIA's expansion into physical artificial intelligence (AI) has sparked a rally in Asian tech stocks.
'Juice Guy' meme sensation, actor Park Dong-bin (56) dies
Veteran South Korean actor Park Dong-bin, who became an internet sensation with a viral meme, was found dead on Wednesday.
'Wanted to give up...': Hong Jin Kyung on battling cancer
South Korean television personality and actor Hong Jin Kyung (49) recently opened up about her battle with cancer and the toll it took on her.
Samsung labor protests could worsen RAM shortage
Samsung Electronics is facing a major labor protest at its Pyeongtaek campus in South Korea.
How AI is helping Taiwan, South Korea climb global-equity rankings
Taiwan and South Korea have surpassed several European nations in global equity rankings, thanks to the artificial intelligence (AI) boom.
South Korean authorities apologize after selfie-taking pilots caused jet collision
The South Korean Air Force has apologized for a mid-air collision between two F-15K fighter jets in December 2021.
What allegations does BTS creator Bang Si-hyuk face?
Bang Si-hyuk, the billionaire K-pop mogul and creator of the global sensation BTS, is facing possible arrest on charges of fraudulent trading.
Korean police seek to arrest man behind BTS
Bang Si-Hyuk, the chairman of HYBE Corporation and the mastermind behind K-pop sensation BTS, is facing potential arrest in South Korea.
Gold, silver prices steady as oil spikes and dollar strengthens
Gold prices held steady on Tuesday, with COMEX gold trading at $4,833.10 per ounce, a marginal gain of 0.09%.
JSW, Korea's POSCO to set up steel plant in Odisha
JSW Steel and South Korea's POSCO Group have announced a joint venture to build a greenfield integrated steel plant in Odisha.
India, South Korea target $50B in bilateral trade by 2030
India and South Korea have announced plans to upgrade their Comprehensive Economic Partnership Agreement (CEPA).
Hyundai's labor union seeks 30% of profit as bonuses
Hyundai Motor Group's labor union in South Korea has made a major demand for a performance bonus.