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korea
60 stories related to this topic, newest first.
finance4 hrs ago
Kioxia Shares Fall 16 Percent as Asia AI Chip Stocks Decline
Japan's Kioxia lost half its value since a June peak, erasing roughly $185 billion in market value. Taiwan Semiconductor Manufacturing Co. shares dropped more than 5 percent despite strong earnings. South Korea tightened rules on single-stock leveraged ETFs after weeks of volatil…
Yonhapworld4 hrs ago
South Korea Agriculture Ministry Holds Emergency Meeting for Weekend Rains
The Ministry of Agriculture, Food and Rural Affairs convened officials Friday to inspect reservoirs, drainage systems and mountain slopes ahead of heavy monsoon rains. Up to 300 millimeters of rain are forecast for parts of the Seoul area and Gangwon Province.
Al Jazeerapolitics13 hrs ago
Kim Jong Un and Wang Huning Meet in Pyongyang to Carry Out June China-North Korea Agreements
North Korean leader Kim Jong Un held talks with Chinese Politburo Standing Committee member Wang Huning on Thursday. The two sides pledged to carry out agreements reached during Xi Jinping's June visit to North Korea.
The War Zoneworld15 hrs ago
South Korean Forces Use Netting on Logistics Platform in Joint Exercise
Photographs from July 9, 2026, show Republic of Korea service members aboard an Improved Navy Lighterage System equipped with what appears to be anti-drone netting at Dogu Beach, Pohang. The Combined Joint Logistics Over-the-Shore 26 exercise integrated U.S. and South Korean asse…
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winnipegfreepress.comsports20 hrs ago
Dan Brown and Sungjae Im Lead The Open at Royal Birkdale After First Round
England's Dan Brown and South Korea's Sungjae Im posted 4-under-par rounds to top the leaderboard after the first round of the 2026 Open Championship. Several players sit one stroke back at Royal Birkdale Golf Club in Southport, England.
Yonhapworld23 hrs ago
Egypt Seeks Greater Korean Investment at Seoul Reception Marking Revolution Anniversary
Egyptian Ambassador Hazem Zaki urged expanded economic cooperation with South Korea during a July 16 reception in Seoul. The remarks highlighted Vision 2030 goals and ongoing CEPA negotiations between the two countries.
Yonhapworld1 day ago
South Korea Holds Security Meeting on U.S. Trade and Security Ties
The presidential national security office convened a meeting Thursday to coordinate responses on bilateral trade and security matters with the United States. The session occurred amid ongoing U.S. complaints regarding a data leak investigation at Coupang's South Korean affiliate.
koreatimes.co.krworld1 day ago
South Korea Regulator Suspends New Leveraged ETFs on Samsung and SK Hynix, Raises Deposit Minimum
The Financial Services Commission suspended new leveraged ETF listings tied to Samsung Electronics and SK hynix. It also raised the minimum cash deposit for single-stock leveraged products and limited trades to batches of 20 shares.
Yonhapworld1 day ago
South Korean Producers and Agencies Agree to Limit Actors' Fees in State-Backed Films
Producers and talent agencies signed a non-binding deal Thursday to keep actors' fees below 10 percent of net production costs for state-backed mid- and low-budget films. The agreement was reached at the National Museum of Modern and Contemporary Art in Seoul.
Abc Newsfinance1 day ago
Bank of Korea raises key rate to 2.75 % for first time since 2023
The central bank lifted its policy rate by 0.25 percentage points on July 15. All seven monetary policy committee members backed the move amid inflation above target and rising household debt.
middleeasteye.netfinance1 day ago
Asian Shares Fall as South Korea's Kospi Drops 6.6 Percent
Asian equity benchmarks declined Thursday while oil prices eased despite ongoing U.S.-Iran strikes. South Korea's Kospi fell 6.6 percent after the Bank of Korea raised interest rates for the first time since 2023.
Yonhapworld1 day ago
South Korea Reviews Plan to Bar Children Under 14 from Social Media Accounts
The Korea Media and Communications Commission is examining phased restrictions on account creation for those under 14 and algorithmic exposure for teens aged 14 to 19. Chairman Kim Jong-cheol outlined the plans at a July 16 policy briefing in Cheong Wa Dae.
Yonhapbusiness1 day ago
Hyundai to Buy SoftBank’s Remaining Boston Dynamics Stake After Put Option Exercised
Hyundai Motor Group will buy SoftBank Group's 9.65 percent holding after the Japanese firm exercised a put option. The South Korean automaker already owns 90.35 percent of the U.S. robotics company.
Yonhapworld1 day ago
South Korea to Create Single Military Academy for Army, Navy and Air Force at Jaundae
The government and Democratic Party on July 16 agreed to create a single academy for Army, Navy and Air Force cadets at the Jaundae complex in Daejeon. Plans call for a four-year program, higher civilian faculty share and an October announcement after hearings.
Yonhapworld1 day ago
South Korea plans reward system for reporting personal information leaks
The government will introduce rewards for reporting data breaches and create an integrated relief fund for victims. A dedicated investigation team will handle large-scale leaks, and companies that obstruct probes will face stronger penalties.
Yonhapworld1 day ago
South Korea Launches Task Force for Next-Generation Aircraft Projects
The South Korean government formed a public-private task force on July 16 to increase local companies' role in upcoming aircraft development programs. An inaugural meeting was held in Seoul with officials, industry representatives and experts.
news.sky.comworld1 day ago
Heritage Professionals Open Forum in South Korea Ahead of UNESCO Committee Session
About 80 site managers and experts gathered Thursday in South Korea for the eighth World Heritage Site Managers' Forum. The event runs through July 23 across Busan and nearby cities as a pre-event for the 48th World Heritage Committee meeting.
koreatimes.co.krworld1 day ago
Greek Foreign Minister to Visit South Korea for July 20 Talks
Greek Foreign Minister Giorgos Gerapetritis will meet South Korean Foreign Minister Cho Hyun on Monday. The visit marks the first bilateral trip by a Greek foreign minister to South Korea in nine years. The ministers plan to address bilateral ties and shared international concern…
Yonhapworld1 day ago
South Korean Interior Minister Apologizes Over Police Handling of Gwangju Murder Case as Ruling Party Seeks to Limit Prosecution Powers
Interior Minister Yun Ho-jung issued a national address on July 16 apologizing for alleged police misconduct in a Gwangju murder investigation. He outlined plans for rotational assignments and disclosure systems to address collusion concerns.
Yonhappolitics1 day ago
Coupang Spent $250,000 on U.S. Lobbying in Second Quarter
Coupang Inc. paid Ballard Partners $250,000 for lobbying the White House, House and U.S. Trade Representative from April through June. The activities addressed export promotion and commercial ties with South Korea and other allies.
abcnews.go.comworld1 day ago
Hyundai Workers in South Korea Begin Partial Strike Over Humanoid Robots
Workers at Hyundai began a partial strike this week after the company announced plans to deploy humanoid robots on factory floors. Negotiations are also stalled on wages and performance bonuses. The action is the first such stoppage in the auto industry tied to humanoids.
jns.orgpolitics1 day ago
U.S. Policy Change Allows UAE Access to Advanced AI Chips
A U.S. policy adjustment now places the UAE in the same export tier as Europe, South Korea, and India for advanced AI chips. The change follows months of UAE actions including missile interceptions and Strait of Hormuz security operations.
MA
insightsonindia.comfinance2 days ago
South Korea Plans to Add Crypto to State Asset Management Law
South Korea will bring digital assets under a planned national asset management framework. The measure would treat Bitcoin and other cryptocurrencies as government-managed holdings.
BI
Yonhapworld2 days ago
South Korean First Lady Meets Britain's Princess Anne in Seoul
First lady Kim Hea Kyung met Princess Anne at the Seoul office of Save the Children on July 15. The British royal is on a three-day visit that began July 13 to promote bilateral cooperation.
business2 days ago
SK Hynix Shares Rise 13 Percent in Seoul After Nasdaq ADRs Jump 27 Percent
SK Hynix's Seoul-listed shares rose as much as 13% on Wednesday after its Nasdaq ADRs gained 27% overnight. The moves followed the company's Nasdaq debut on Friday and a 35% premium for the ADRs over Korean shares.
Yonhapworld2 days ago
South Korea Adds 63,000 Jobs in June, Manufacturing Loses 97,000
Government data showed employment rising to 29.15 million while the unemployment rate held steady at 2.8 percent. Manufacturing posted its 24th straight year-over-year decline.
Yonhapworld2 days ago
South Korea plans future response fund from semiconductor tax revenue
The government will create a fund using excess tax revenue projected for 2027. Officials said the fund will support youth programs, regional development, and education.
Yonhapbusiness2 days ago
South Korea Import Price Index Falls 4.4 Percent in June
The Bank of Korea reported that import prices dropped at the fastest monthly rate in three and a half years. The decline was driven by a 23 percent fall in Dubai crude oil prices.
politics2 days ago
South Korean firm paid Trump holding company $2 million in 2025
Base Group, parent of Korea Aluminium, disclosed the payment in President Trump's annual financial filing released in late June. The company and Trump Organization described it as a nonrefundable development fee tied to a possible golf project.
yna.co.krfinance2 days ago
Foreign investors sell $110 billion of South Korean stocks year-to-date
Foreign investors have sold $110 billion in South Korean equities so far this year, the largest amount at this point in any year on record. Outflows more than doubled after the start of May, with $31 billion leaving in June alone.
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yna.co.krworld2 days agoUpdated
South Korea Labor Seeks 8% Minimum-Wage Rise, Management Offers 2.2% for 2027
Labor representatives proposed 11,150 won per hour for 2027 while management proposed 10,550 won during July 14 talks. The gap between the sides narrowed to 600 won in revised offers.
finance2 days agoUpdated
South Korea's Kospi Falls 8 Percent to 6,886, Halts Trading, Yet Remains 2026's Top Major Index
The benchmark fell sharply on Monday as rising oil prices from Gulf tensions and a selloff in semiconductor stocks weighed on the market.
yna.co.krworld3 days ago
South Korean President Directs Review of Mifepristone Access Before Legal Limits Are Set
President Lee Jae Myung directed the government on July 14 to find safe ways for women to obtain the abortion pill mifepristone. The instruction came during a Cabinet meeting even though no full legal rules on gestational limits exist.
yna.co.krworld3 days ago
Special Counsel Asks Supreme Court to Delay Ruling on Former First Lady’s Poll Charges After Husband’s Conviction
A special counsel team asked South Korea's Supreme Court on July 14 to delay its scheduled July 16 decision on former first lady Kim Keon Hee's case. The request follows a district court conviction of her husband, former President Yoon Suk Yeol, in a related matter.
yna.co.krworld3 days ago
South Korean Foreign Minister Cho Hyun to Visit Philippines for ASEAN Meetings
Foreign Minister Cho Hyun will travel to the Philippines for two days of ASEAN-related meetings beginning July 22. He will co-chair the ASEAN-Republic of Korea Foreign Ministers' Meeting and attend regional forums with Japan and China.
Yonhapworld3 days ago
Princess Anne Visits HD Hyundai Shipyard in Ulsan on Three-Day South Korea Trip
Britain's Princess Anne toured HD Hyundai Heavy Industries Co.'s facility in Ulsan on July 14 to review shipbuilding capabilities. The visit formed part of a three-day trip with her husband, Vice Admiral Sir Tim Laurence.
focustaiwan.twsports3 days ago
South Korean Golfers Prepare for Open Championship at Royal Birkdale
Five South Korean players will compete at the 154th Open Championship starting Thursday at Royal Birkdale Golf Club. Tom Kim and Kim Si-woo lead the group with strong recent form heading into the final major of the season.
Yonhapworld3 days ago
South Korea Probes 58 for Illicit Dongtan Apartment Applications
Yonhap reported Tuesday that 58 people face investigation for using fake addresses and dependents to qualify for apartments in Dongtan 2 New Town. Four have been referred for prosecution and three booked for probes as part of a government crackdown.
Yonhapai3 days ago
South Korea Selects Tech Firms for Government AI Service Project Using Local Models
Major companies including Kakao and LG Uplus have declared participation in the science ministry's AI for all initiative. The project will offer a free public chatbot and AI agent using local models and Nvidia hardware.
Yonhapworld3 days ago
South Korea Detects 2.4 Trillion Won in Illegal Foreign Exchange Deals
South Korea uncovered 2.4 trillion won worth of illegal foreign exchange transactions through May. The finance ministry, customs service and tax agency pledged tighter coordination. Officials cited a record trade surplus and improving market balance.
Yonhapworld3 days ago
South Korean refiner shares rise while broader market falls after Russia bans diesel exports
SK Innovation and S-Oil shares climbed more than 5 percent on July 13 after Russia halted diesel exports. The move followed Ukrainian attacks on Russian refineries and tightened global supplies.
Yonhapworld3 days ago
Ryu Hae-ran rises to No. 3, Kim Hyo-joo falls to No. 4 in women's world golf rankings
South Korea's Ryu Hae-ran climbed four spots after winning the Amundi Evian Championship. Nelly Korda held the top ranking while Kim Hyo-joo fell to fourth. The rankings were released on July 14, 2026.
soompi.comworld3 days ago
South Korean Film Sells to Cinema Guild Ahead of Locarno Premiere
A new feature by a South Korean director has been acquired for North American distribution. The film will premiere next month at the Locarno Film Festival in Switzerland.
Yonhapworld4 days ago
South Korea, U.S. and Japan Sign Pact on Small Modular Reactors
Foreign ministers from South Korea, the United States and Japan signed a memorandum of cooperation on small modular reactors on July 7 in Ankara. The agreement creates a framework for joint advancement into the Indo-Pacific SMR market.
France 24world4 days agoUpdated
South Korean Court Sentences Former President Yoon to Two Years, Appeal Possible
The Seoul Central District Court on Monday sentenced former President Yoon Suk-yeol to two years in prison for violating political funding laws. The ruling concerns 14 rounds of free opinion polling services valued at 270 million won.
FR
etftrends.comfinance4 days ago
South Korea Forecasts 500 Trillion Won Tax Revenue and 800 Trillion Won Spending for 2027
Budget Minister Park Hong-keun announced the record projection at a presidential office meeting on July 13. The government plans a future response fund and 800 trillion won in next-year spending.
Yonhapfinance4 days ago
Bank of Korea Expected to Raise Benchmark Rate 25 Basis Points Thursday
The Bank of Korea is set to lift its policy rate to 2.75 percent at its July 16 meeting, the first increase since January 2023. The move would end an eight-meeting pause that began in July 2025.
Yonhapworld4 days ago
South Korea Launches Task Force on Stalking and Dating Violence After Namyangju Murder
A government task force launched Monday to address gaps exposed by recent stalking murders. It announced 20 measures focused on laws, coordination, victim support and awareness.
koreatimes.co.krworld4 days ago
Christopher Nolan and Matt Damon to Appear on South Korean Talk Show
Filmmaker Christopher Nolan and actor Matt Damon will guest on the South Korean program 'You Quiz on the Block' during an August visit to Seoul. The appearance was announced July 13 by broadcaster tvN to promote the film 'The Odyssey.'
world4 days ago
AMCHAM Launches K-Doorknock Program for Korean Firms in U.S.
The American Chamber of Commerce in Korea announced a new initiative Monday to help Korean companies expand operations and investments in the United States. The four-day program in Washington, D.C., includes meetings with U.S. officials and lawmakers.
Yonhapbusiness4 days agoUpdated
South Korea to Create Fund for Future Industries Using Semiconductor Tax Revenue
President Lee Jae Myung said Monday the government will establish a future response fund financed by extra tax revenue from the AI semiconductor boom. The fund will support investments in future industries, youth policies, regional development and education.
Yonhapworld4 days ago
South Korea Plans Semiconductor and AI Projects Needing 24.7 GW Extra Power, with Nuclear Timeline Unclear
President Lee Jae Myung and industry leaders unveiled mega projects on June 29 targeting semiconductors, AI data centers and physical AI. The plans include a new cluster in Gwangju and existing construction in Yongin.
news.sky.compolitics4 days ago
Kim Jong-un Holds Joint Meeting on Senior Military Corruption, Denounces Former General
North Korean leader Kim Jong-un convened a joint party, state and military meeting on 10 July 2026 to address corruption among senior officials. He publicly denounced former major general Pak Hui-chol over a four-year scheme involving bribes and embezzlement.
koreatimes.co.krworld4 days ago
Bank of Korea Report Says Global Chip Market Remains Undersupplied
The central bank stated that AI-driven demand continues to outpace supply expansion. It submitted the assessment to Rep. Park Sung-hoon on July 13, 2026.
Yonhapworld4 days ago
SK Hynix Raises $26.5 Billion in U.S. Share Sale
American depositary receipts issued by SK hynix began trading on the Nasdaq last week. The offering raised $26.5 billion, the largest by any foreign company in U.S. market history, Yonhap reported. The inflow exceeds prior currency swap support and recent foreign exchange interve…
forbes.comtechnology4 days ago
Samsung and SK Hynix Plan $518 Billion Joint Investment in Memory Sites
Samsung and SK hynix will build four new memory fabs and an HBM hub in South Korea's Southwest Region. SK hynix is also constructing a $4 billion HBM facility in Indiana while Sandisk, Kioxia and Micron expand NAND and wafer production.
Yonhapworld4 days ago
South Korean Military Recorded 18,951 Cyberattack Attempts in 2025
Cyberattack attempts against the South Korean military reached 18,951 in 2025, the highest total in five years, according to data from the defense ministry. Most targeted website administrator privileges, and the military's Cyber Operations Command noted North Korea's apparent ad…
Yonhapworld5 days ago
South Korea and U.S. Hold First Joint Exercise on Wartime Information Operations
South Korea and the United States conducted their first joint tabletop exercise to counter foreign disinformation campaigns during wartime. The drill took place Friday at the Joint Chiefs of Staff headquarters in Yongsan with participation from multiple commands and ministries.
Yonhapworld5 days ago
South Korea Issues Highest-Level Heat Warnings for Gyeongsan and Pohang
The alerts took effect Sunday morning after the cities recorded highs of 39.9 C and 37.2 C the prior day. Forecasters expected temperatures to reach 39 C again on Sunday.
abcnews.go.comsports4 days agoUpdated
Haeran Ryu Wins Evian Championship in Playoff for Second Straight Major
South Korean golfer Haeran Ryu defeated Brooke Henderson on the first extra hole Sunday to claim the Evian Championship. The victory marked her second consecutive major title after she won the Women's PGA Championship three weeks earlier.