south korea
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usethebitcoin.comKOSPI rises to record high as volatility index also increases
The benchmark Korea Composite Stock Price Index closed at a record 8,476.15 on Friday. The KOSPI 200 volatility index rose 3.72 percent to 74.26 the same day.
koreaherald.comSouth Korea Forms Committee to Discuss Film Holdback Rules
South Korea established a public-private body on May 29 to negotiate a mandatory waiting period before theatrical films can stream. The group includes 22 industry representatives and aims to reach a voluntary agreement by August.
CoinDeskOKX Ventures and Korea Investment & Securities each invest 80 billion won in Coinone
OKX Ventures and Korea Investment & Securities will each commit 80 billion won to Coinone. The funds support Coinone's expansion into stablecoins and tokenized securities.
winnipegfreepress.comSouth Korean Defense Minister to Attend Singapore Security Forum
Defense Minister Ahn Gyu-back will travel to Singapore on Friday for the annual Asia Security Summit. He is scheduled to deliver a speech and hold bilateral meetings with defense officials from multiple countries.
koreaherald.comSouth Korea Conveys Willingness for Dialogue with North Korea
South Korea has relayed its readiness to resume talks with North Korea through Singapore. Foreign Minister Cho Hyun said the message was delivered during Singaporean Foreign Minister Vivian Balakrishnan's recent visits to China and North Korea.
upi.comSouth Korea Begins Two-Day Early Voting for June 3 Local Elections
Early voting opened Friday for local elections and parliamentary by-elections scheduled for June 3. Voters can cast ballots at 3,571 polling stations nationwide through Saturday.
bbc.co.ukAshes of Two French Korean War Veterans Buried in South Korea
The remains of two French soldiers who fought in the Korean War were interred Wednesday at a military cemetery in South Korea. Their ashes were placed beside the graves of other French troops who died in the same conflict more than seventy years ago.
Low attendance at women's soccer matches reflects South Korean views on North Korea
Attendance at two matches between South Korean and North Korean women's club teams was low. A survey by the Korean Institute of National Unification showed declining support for unification among South Korean respondents.
tass.comSouth Korean President Calls for Investigation Into Seoul Overpass Collapse
President Lee Jae Myung directed officials to investigate the Seosomun Overpass collapse that killed three workers. He also cited a separate rail construction case and directed agencies to enforce accountability.
livemint.comSamsung to Acquire $408 Million Stake in Dunamu
Samsung agreed to purchase a $408 million stake in Dunamu, the operator of South Korea's largest cryptocurrency exchange Upbit. The transaction follows Kakao's sale of $1.5 billion worth of Dunamu shares completed within the past month.
koreaboo.comPolice Arrest YouTuber Accused of Using A.I. to Defame Actor
South Korean police arrested a YouTuber on Tuesday on charges including spreading false information. The man is accused of using artificial intelligence to create an audio recording and doctoring text messages that implicated an actor in dating a minor.
upi.comSouth Korea Pension Fund Raises Domestic Equity Allocation Target
The fund increased its target allocation for domestic equities. The adjustment follows a market rally that pushed holdings above prior limits.
koreatimes.co.krUnification Minister Chung Dong-young to Face Probe Over Alleged North Korea Nuclear Information Leak
South Korea's Unification Minister Chung Dong-young will be investigated for allegedly leaking classified information about North Korea's nuclear program. The probe follows a complaint filed by the main opposition party.
koreaherald.comLIV Golf Korea Begins Second Edition at Busan Course
The second LIV Golf Korea tournament started Thursday at Asiad Country Club in Busan. Organizers reported strong attendance despite questions about future funding.
koreatimes.co.krSeoul Court to Rule on Former President Yoon Perjury Charge
A Seoul district court is scheduled to deliver its verdict Thursday in the perjury trial of former President Yoon Suk Yeol. The case stems from testimony Yoon gave last year during the insurrection trial of former Prime Minister Han Duck-soo.
thehindu.comUSFK says South Korea-U.S. alliance committed to conditions-based OPCON transfer
A U.S. Forces Korea official stated the alliance remains committed to a conditions-based wartime operational control transfer. The remarks followed a Korean media report that USFK had raised concerns about a rushed handover.
upi.comSouth Korean Banks' Capital Adequacy Ratio Falls in First Quarter
The average capital adequacy ratio of 17 commercial and state-run banks stood at 15.64 percent at the end of March. The figure declined from 15.83 percent recorded three months earlier.
tass.comSouth Korean President Comments on U.S. Partnership
The South Korean president recently described the United States as a key partner. Reports indicate the current government has taken steps that affect intelligence sharing and military cooperation with the U.S.
gizmodo.comSamsung Workers Approve Pay Deal Covering Bonuses for Chip Unit
Union members at a major South Korean electronics firm ratified a wage agreement that includes performance bonuses. The deal applies mainly to employees in the semiconductor division.
yna.co.krKakao Labor Union and Management Begin Second Mediation Round
A Kakao Corp. labor union and company management opened a second round of wage mediation on Wednesday after the first round failed to produce agreement. If mediation ends without resolution, five unions will gain the right to strike.
YonhapSouth Korea to Offer Temporary Visa-Free Entry to Indonesian Group Tourists Starting May 28
South Korea will implement a temporary visa waiver for Indonesian group tourists beginning May 28. The measure applies to organized tour groups and runs through an unspecified end date.
South Korea Says Iran-Linked Missiles Hit Vessel in Strait of Hormuz
Seoul's foreign ministry reported that anti-ship missiles developed by Iran struck a South Korean-operated container ship on May 4. The ministry summoned Iran's ambassador to deliver a protest but said it could not identify the specific actor or confirm intent.
South Korea Says Missile Attack on Ship Likely Involved Iran
South Korea's Foreign Ministry reported that debris from the May 4 attack on a bulk carrier in the Strait of Hormuz matches Iranian anti-ship missiles. Officials said the ship was struck twice and will summon Iran's ambassador.
ForbesBTS Performs Second Las Vegas Concert at Allegiant Stadium
BTS held the second of four scheduled concerts at Allegiant Stadium on May 26, 2026. The performance featured songs from the album ARIRANG along with earlier tracks. The group last performed in Las Vegas in April 2022.
asiaone.comStarbucks Korea Head Apologizes Over Tank Day Marketing Campaign
The chairman of the Shinsegae Group, which controls Starbucks Korea, issued a second apology Tuesday after a tumbler promotion drew public criticism. The campaign referenced a product called a tank and a slogan about striking a table on the anniversary of a 1980 crackdown in Gwan…
upi.comSouth Korea Publishes Plan for Nuclear-Powered Submarines
South Korea’s Ministry of National Defense released a formal plan on May 26, 2026, to develop nuclear-powered submarines under the Jang Bogo N Project. The program would place the country among a small group of nations operating such vessels and follows U.S. approval announced in…
koreaherald.comShinsegae Chairman Issues Second Apology Over Starbucks Korea Campaign
Chung Yong-jin apologized for a May 18 marketing promotion that referenced a 1980 military crackdown in Gwangju. The campaign was withdrawn hours after launch and the Starbucks Korea chief executive was dismissed.
Abc NewsThree Killed in Seoul as Overpass Section Collapses During Demolition
A decades-old overpass in central Seoul partially collapsed Tuesday afternoon while workers and officials conducted a safety inspection. Three people died and three others were injured when debris fell onto the street below.
France 24Starbucks Korea Sales Drop Sharply After 'Tank Day' Campaign
Retail tycoon Chung Yong-jin issued a second apology after the coffee chain's marketing effort drew public criticism for referencing a 1980 crackdown. Starbucks Korea has recorded a very significant drop in sales.
gamereactor.euSouth Korea Plans First Nuclear-Powered Submarine Launch by Mid-2030s
South Korean officials announced a program to develop and launch the country's first nuclear-powered submarine by the mid-2030s. The vessel will use low-enriched uranium fuel and be built domestically while maintaining the country's commitment not to acquire nuclear weapons.
ABC NewsNorth Korea Fires Ballistic Missile and Other Projectiles Toward Sea
North Korea launched a close-range ballistic missile and additional projectiles from its west coast on Tuesday. South Korea's military reported the missile flew about 80 kilometers before landing in the sea.
thehindu.comSouth Korea Deputy Prime Minister Says AI Wealth Should Reach Broader Public
Deputy Prime Minister Bae Kyung-hoon stated that South Korea must ensure artificial intelligence gains reach the wider population. He spoke amid labor talks at Samsung Electronics and market gains tied to chipmakers.
upi.comSouth Korea Exports Rose 52.6 Percent in Early May
South Korean exports increased 52.6 percent year-over-year in the first 20 days of May. The gain was led by semiconductor and computer shipments tied to AI demand.
csmonitor.comSeoul Apartment Prices Rose 19 Percent in Past Year
South Korean President Lee Jae-myung has identified housing affordability as a national priority. Apartment prices in Seoul increased nearly 19 percent over the past year, and the number of residents in their 20s and 30s who own homes reached record lows.
koreatimes.co.krHumanoid robots dressed as monks lead Seoul parade
Humanoid robots dressed as Buddhist monks led a parade in Seoul as part of the annual Lotus Lantern Festival celebrating the Buddha's birthday. The event featured the robots walking alongside traditional participants.
abcnews.go.comFormer South Korean Intelligence Official Denies Role in Martial Law Message to U.S.
A former deputy director of South Korea's National Intelligence Service denied allegations that he delivered a message to U.S. intelligence agencies supporting former President Yoon Suk Yeol's martial law declaration. The questioning took place on May 22, 2026, as part of an ongo…
en.antaranews.comSouth Korean Police Seek Arrest Warrant for YouTuber Over AI-Generated Evidence
South Korean police are seeking an arrest warrant for a YouTuber accused of using AI to fabricate evidence against actor Kim Soo-hyun. The allegations contributed to the end of the actor's career.
cryptoninjas.netSouth Korea Crypto Tax Petition Reaches 50,000 Signatures
A public petition opposing South Korea's planned 22 percent crypto tax has collected more than 50,000 signatures. The number triggers a mandatory National Assembly review under existing petition rules.
Financial TimesSouth Korean Ministry Drops Starbucks Vouchers Over Tank Day Promotion
A South Korean ministry has decided against using Starbucks vouchers in an upcoming campaign after public criticism of a May 18 promotion tied to the anniversary of the 1980 Gwangju massacre. The company has faced backlash for the marketing choice.
winnipegfreepress.comSouth Korean Vice Foreign Minister Meets U.S. Lawmaker and Think Tank Head in Washington
South Korea's First Vice Foreign Minister Park Yoon-joo met with a U.S. lawmaker and the head of a think tank during a four-day visit to Washington. The discussions focused on the bilateral alliance and implementation of agreements reached at last year's summit between President…
nknews.orgU.N. Rights Expert Says North Korea Must Address Abductee Cases for Lasting Peace
A U.N. human rights expert stated that North Korea has not provided satisfactory responses to cases of abducted and disappeared persons. The expert called for continued international pressure on the issue as a condition for peace on the Korean Peninsula.
focustaiwan.twForeign Investors Sell $22 Billion of South Korean Stocks in May
Foreign investors have sold $22 billion of South Korean stocks so far in May, on pace for the largest monthly outflow on record. Year-to-date sales total approximately $60 billion in KOSPI stocks.
France 24Samsung Electronics Union Suspends Strike After Tentative Wage Deal
Samsung Electronics' labor union suspended an 18-day strike after reaching a tentative wage agreement with the company. The move averted potential disruption to South Korea's largest firm and global chip supply.
Substrate placeholder — needs reviewSouth Korean Interior Minister Says Government Will Avoid Starbucks Korea Products
Interior Minister Yun Ho-jung said the government will stop using products from the South Korean operator of Starbucks after a marketing campaign drew criticism. The campaign referenced tanks and a phrase linked to past pro-democracy events.
Substrate placeholder — needs reviewSamsung Union Votes on Wage Deal After Strike Suspended
Unionized workers at Samsung Electronics began voting on a tentative wage agreement that suspended a planned strike. The deal addresses performance bonuses tied to the company's artificial intelligence chip business.
asiaone.comSouth Korea Extends Fuel Tax Cuts Through July
South Korea will keep a 15 percent cut on gasoline taxes and a 25 percent cut on diesel taxes in place through July 31. The finance ministry said the extension aims to ease consumer price pressures linked to Middle East supply issues.
upi.comNorth Korean Club Defeats South Korean Team in Asian Women's Football Semifinal
Suwon FC Women hosted Naegohyang Women's FC at Suwon Stadium on May 20. Naegohyang won the match 2-1 in the Asian Football Confederation Women's Champions League semifinal.
dailynk.comNorth Korean Women's Team Defeats South Korean Side in Rare Cross-Border Match
A North Korean women's football club defeated a South Korean opponent 2-1 in the semifinal of the Asian Football Confederation Women's Champions League on Wednesday. The match marked the first time athletes from the North have competed on South Korean soil in nearly eight years.
Substrate placeholder — needs reviewSamsung Union Approves Strike at Memory Chip Plants After Talks Fail
The union representing Samsung Electronics workers has authorized an 18-day strike involving more than 47,000 employees. The action is scheduled to begin Thursday following the collapse of mediation talks.
japantimes.co.jpSouth Korean and Japanese Leaders Hold Fourth Meeting in Six Months
South Korean President Lee Jae-myung and Japanese Prime Minister Sanae Takaichi met Tuesday in Andong to expand cooperation on supply chains and energy supplies amid instability in the Middle East.
upi.comSouth Korea Raises Travel Alert for Cuba Over Political Uncertainty
South Korea raised its travel alert level for Cuba on Tuesday from Level 2 to a special travel advisory. The foreign ministry cited political uncertainty and worsening living conditions on the island.
koreatimes.co.krPufferfish Soup Remains Busan Specialty After Decades of Regulation and History
Pufferfish soup is served in licensed restaurants in Busan, South Korea. Chefs must complete training and pass an exam to obtain a national license. The dish continues to attract both local diners and visitors.
koreaherald.comStarbucks Korea CEO resigns after promotional campaign
The chief executive of Starbucks Korea was dismissed following a marketing event that referenced historical dates and slogans associated with past events in South Korea. The company withdrew the campaign and issued an apology.
bbc.co.ukSpecial Counsel Seeks Arrest Warrant for Former KTV Head on Insurrection Charges
A special counsel team on Monday sought an arrest warrant for Lee Eun-woo, former president of the state-funded KTV cable channel, on charges of promoting insurrection related to the December 2024 martial law attempt. Prosecutors accuse Lee of directing coverage to justify the de…
France 24Seoul Government Allocates €260 Million to Address Rising Single-Person Households
Half of households in Seoul now consist of one person. City officials have launched a five-year program to respond to the trend.
tass.comSouth Korean President Visits Jeju Air Crash Site and Orders Reinvestigation
President Lee Jae Myung visited the site of the December 2024 Jeju Air crash at Muan International Airport on May 18, 2026. He directed authorities to conduct a thorough reinvestigation after additional victim remains were discovered following the initial probe.
Substrate placeholder — needs reviewStarbucks Korea Suspends Promotional Event After Public Criticism
Starbucks Korea halted a Monday online promotion for a tumbler set after civic groups and online users objected to language they said recalled South Korea's 1980 Gwangju uprising. The company issued an apology and said it had identified an inappropriate phrase.
jpost.comSouth Korean Government Considers Emergency Arbitration in Samsung Labor Dispute
Officials have raised the possibility of invoking emergency arbitration powers to resolve a labor dispute at Samsung Electronics over employee bonuses. A strike is scheduled to begin on Thursday if negotiations fail.
upi.comSouth Korean Brokerage Overseas Units Report Higher 2025 Net Income
Overseas operations of South Korean securities companies posted a combined net income of $456 million in 2025, up from $389 million the previous year. The Financial Supervisory Service released the data on Monday.
en.antaranews.comSouth Korean Police Provide Protection to Ruling and Opposition Party Leaders
Police began protection for the leaders of South Korea's ruling Democratic Party and main opposition People Power Party on Sunday after reports of online threats. The protection started earlier than the planned May 21 start of the official campaign period ahead of June 3 local el…