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south-korea
60 stories related to this topic, newest first.
Yonhapworld9 hrs ago
President Lee Jae Myung Sells Seongnam Apartment for 2.9 Billion Won
The apartment owned by President Lee Jae Myung and first lady Kim Hea Kyung sold for 2.9 billion won five months after it was listed. Ownership transferred on July 16 with a mortgage registered in the sellers' favor.
finance10 hrs ago
South Korea Stops New Leveraged ETFs After $12 Billion Retail Inflows in One Month
The government reversed course weeks after allowing single-stock products in May. Regulators cited rapid market turnover and investor losses from daily resets.
koreatimes.co.krworld11 hrs ago
Homeplus Appeals Seoul Court Termination of Rehabilitation Proceedings
Homeplus Co. filed an appeal Monday against a Seoul court's July 3 decision to end its corporate rehabilitation. The move follows the retailer's temporary closure of outlets and a financing agreement from its largest creditor.
Yonhapworld12 hrs ago
UNESCO World Heritage Committee Adopts Busan Declaration on Stronger International Cooperation
Top UNESCO officials urged stronger global cooperation to protect heritage sites from climate change and conflicts at a press conference in Busan on July 20. The World Heritage Committee unanimously adopted the Busan Declaration the same day.
Yonhapworld12 hrs ago
Special Counsel Says It Found Signs of NIS Role in Yoon Martial Law Bid but Is Still Checking If Orders Were Followed
A special counsel team said Monday it uncovered indications that South Korea's National Intelligence Service issued specific instructions to support former President Yoon Suk Yeol's martial law declaration. Assistant special counsel Kim Ji-mi detailed orders given after the Dec.…
Yonhapworld12 hrs ago
South Korean Police to Form Reform Task Force After Alleged Leak to Murder Suspect's Father
Acting police chief Yoo Jae-seong said Monday the agency will overhaul its investigation system following allegations that officers leaked material in a Gwangju murder case. A new task force and internal corruption unit form the core of the planned changes.
Yonhapworld12 hrs ago
Disney+ Series 'A Shop for Killers' Season Two Premieres Wednesday with New Cast Members
The actor addressed pressure to improve on the first season during a Seoul press conference. The eight-episode follow-up premieres Wednesday on Disney+.
Yonhapworld13 hrs ago
Police Raid Anti-Corruption Commission Offices in Probe of 2024 Handbag Case Closure
South Korean police conducted a search at the Anti-Corruption and Civil Rights Commission in Sejong on Monday. The operation targets former commission leaders over their 2024 decision to close an inquiry into former first lady Kim Keon Hee's receipt of a Dior handbag.
Yonhapworld13 hrs ago
South Korea Budget Minister Meets Labor Union Head to Discuss 2027 Spending
Budget Minister Park Hong-keun held talks Monday with the president of the Federation of Korean Trade Unions. The meeting focused on incorporating worker input into planning for next year's budget.
Yonhapworld13 hrs ago
Democratic bill to extend special counsel probe delayed by opposition filibuster
South Korea's ruling Democratic Party proposed extending a combined special counsel probe into former President Yoon Suk Yeol's martial law decree and related cases. The main opposition party responded with a filibuster that pushed any vote to Tuesday afternoon.
Yonhapworld16 hrs ago
South Korea Issues Non-Binding Guidelines on Yoga and Pilates Refunds and Closures
The watchdog set refund rules and closure notice requirements after complaints rose to 1,211 in 2024 from 818 in 2021. The terms are guidelines, not law.
Yonhapworld16 hrs ago
South Korean Banks Plan Tighter Household Lending Standards but Expect Higher Demand for Some Loans in Third Quarter
A Bank of Korea survey of 203 institutions showed the household lending attitudes index at minus 7 for Q3 2026. The reading marks the sixth straight negative quarter since Q2 2025.
The Japan Timesworld5 hrs agoUpdated
South Korea Opens K-Heritage House During UNESCO Session in Busan
South Korea opened a K-Heritage House on Monday during the 48th session of the UNESCO World Heritage Committee in Busan. The session marks the first time the country has hosted the committee. Voting on new sites for the World Heritage and World Heritage in Danger lists begins Fri…
Yonhappolitics17 hrs ago
Police Search Election Commission Office in Probe of Former Chief's Travel Expenses
A joint police-prosecution team searched the National Election Commission chairperson's office on July 20, 2026, as part of an investigation into former chief Roh Tae-ak. The probe centers on suspected occupational embezzlement tied to overseas travel and commission funds.
Yonhapworld17 hrs ago
Yoon Suk Yeol Declines Constitutional Appeal of Seven-Year Prison Term
Former South Korean President Yoon Suk Yeol will not challenge his Supreme Court conviction on obstruction of justice charges. His lawyers announced the decision on July 20 after the top court upheld a seven-year sentence on July 9. The case stems from Yoon's December 2024 martia…
Yonhapfinance20 hrs ago
Yonhap Publishes 2026 English Almanac on South Korea's 2025 Events
Yonhap News Agency released its annual English-language yearbook on Monday. The 480-page handbook covers politics, the economy, society, culture and sports from the prior year.
finance1 day ago
South Korean Stocks Now Guide Global AI Trading
South Korea's equity market has become an early indicator for global technology shares. Fund managers in London, New York, and Tokyo now check Korean indexes before trading begins. The Kospi's moves have shown higher correlation with the Nasdaq 100.
espn.comsports1 day ago
KBO Tops 8 Million Fans in Record 443 Games This Season
The Korea Baseball Organization reached 8,007,967 total attendance after five games on July 19. The league hit the mark faster than last year's pace and remains on track to exceed the 2025 single-season record.
Yonhapworld1 day ago
Survey Finds 53 Percent of South Korean Workers Can Take Parental Leave Freely, While 47 Percent Face Restrictions
A survey of 1,000 office workers found 46.7 percent could not freely use parental leave. Contract workers and those at small firms reported the highest barriers.
Yonhapworld1 day ago
Poll: 90 Percent of South Koreans Back Stronger Penalties for Overseas Technology Leaks
A Korea Enterprises Federation survey of 1,000 adults showed 92.5 percent view core technology leaks as a serious economic threat. Nine in ten respondents called for tougher overseas penalties amid rising detected cases.
yna.co.krworld1 day ago
South Korea Announces Roadmap to Allow Offshore Use of Korean Won
The finance ministry announced plans on July 19 to remove barriers for foreigners to obtain and use the won overseas. Measures include offshore settlement systems and regulatory changes building on the recent 24-hour foreign exchange market launch.
Yonhapworld1 day ago
Samsung Group brand value rises 8.9 percent to $97.4 billion but ranking slips to eighth
Samsung Group reached a brand value of $97.4 billion this year, an 8.9 percent increase from 2025. The South Korean conglomerate ranked eighth among global technology companies and stayed the only domestic brand in the top 10.
Yonhapworld1 day ago
South Korea's Unemployed College Graduates Rise 39,000 to 481,000 While Total Jobless Increase Stays at 11,000
The total reached 481,000 in the April-June period, up 39,000 from a year earlier. Government data showed the second-quarter figure was the highest since 2021.
Yonhapworld1 day ago
Foreign Investors Sell 12.1 Trillion Won in South Korean Stocks but Buy 593.7 Billion Won in ETFs
Foreign investors offloaded a net 12.1 trillion won on the main bourse and 338.1 billion won on the secondary market through Thursday in July. They bought 593.7 billion won worth of ETFs over the same period, Yonhap reported.
app.buzzsumo.comworld1 day ago
South Korean Embassy and Groups Deliver Aid to Venezuela Quake Victims
The South Korean Embassy in Venezuela and the Korean Community Association distributed lunch boxes and supplies to displaced residents after last month's earthquakes. Korean associations in Colombia and Mexico provided additional funds and masks.
Yonhapworld2 days ago
Former Land Minister Won Hee-ryong to Face Questioning on Scrapped Expressway He Canceled
Won Hee-ryong will face a special council team at 10 a.m. Thursday over the Seoul-Yangpyeong expressway project. The inquiry centers on route changes that allegedly benefited the family of imprisoned former first lady Kim Keon Hee. Yonhap reported the schedule Saturday.
Yonhapworld2 days ago
Heavy Rains Flood Homes and Roads Across Seoul Area and Gangwon Province
Nearly 200 millimeters of rain fell overnight in the Seoul metropolitan area and Gangwon Province, producing 540 property damage cases and prompting evacuations. No casualties were reported as of 11 a.m. on July 18.
koreaherald.comworld2 days ago
Homeplus Closes All 67 Remaining Outlets Nationwide in South Korea
The hypermarket chain shut its last stores this week after suspending 37 others earlier in restructuring. A 200 billion won emergency loan approved Thursday provides temporary relief. The closures follow nearly three decades of operation as the country's second-largest chain.
Yonhapfinance2 days ago
South Korean President Calls for Higher Agricultural Subsidies Funded by Rural Development Tax
President Lee Jae Myung urged an increase in agricultural subsidies on July 18 to protect food security and farmers. He cited rising tax revenues from stock trading and compared South Korea's payments to those in the EU and Japan.
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Yonhappolitics3 days ago
South Korea Foreign Ministry Revokes Researcher Job Offer After Applicant Cleared All Hiring Stages
The foreign ministry revoked the job offer after an internal review found the applicant did not meet qualifications. The decision follows allegations of irregularities in the 2025 recruitment process.
zerohedge.comfinance3 days ago
1.2 Million South Korean Retail Investors Receive Margin Calls as Exports Surge and Growth Forecast Rises
The figure equals more than 3 percent of the adult population. The Bank of Korea raised its policy rate on Thursday while regulators tightened rules on leveraged ETFs.
MA
Yonhapworld3 days 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.
Yonhapworld3 days ago
South Korea Holds First Constitution Day Ceremony in 18 Years
The National Assembly held its first Constitution Day ceremony since the holiday's redesignation, with Speaker Cho Jeong-sik calling for amendments. Former Speaker Woo Won-shik received the Mugunghwa Order of Civil Merit for his 2024 actions.
The War Zoneworld3 days 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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yna.co.krworld4 days ago
Creditor agrees to provide 200 billion won to Homeplus
The main creditor of Homeplus Co. decided Thursday to extend 200 billion won in new funding. The retailer had temporarily closed outlets earlier this week after a court ended its rehabilitation proceedings.
Yonhapworld4 days ago
Hanwha Aerospace Wins Contract to Supply Unmanned Ground Vehicles to Army
Hanwha Aerospace Co. secured the contract to deliver Arion-SMET unmanned ground vehicles. The initial phase is valued at 49.6 billion won, with service entry planned for 2027-2028.
Yonhapworld4 days 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.
yna.co.krworld4 days ago
Hyundai Motor Union to Stage Four-Hour Strikes Next Week as Wage Talks Stall
The union said workers will extend partial strikes from July 20 to 22 after earlier two-hour walkouts this week. Negotiations have reached 15 rounds without agreement.
koreatimes.co.krworld4 days 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.
Yonhapworld4 days 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 Newsfinance4 days 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.
Yonhapworld4 days ago
Former first lady postpones questioning by special counsel over health
Former first lady Kim Keon Hee has delayed her scheduled appearance before a special counsel team from Sunday to Tuesday, citing health reasons. The session concerns alleged irregularities in the 2022 relocation of the presidential residence.
Yonhapworld4 days 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.
Yonhapworld4 days 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.
Yonhapworld4 days 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.
koreaherald.comworld4 days 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.krworld4 days 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…
Yonhappolitics4 days ago
Police Refer Former Prosecutor to Prosecution on Forgery Charges in 2024 Knife Attack Case
Police referred a former prosecutor and two other officials to the prosecution on forgery charges tied to a 2024 knife attack. The officials worked at the National Intelligence Service during its investigation of the incident.
insightsonindia.comfinance5 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
Yonhapworld5 days ago
UNESCO Draft Decision Asks Japan for More Details on Sado Mine History Presentation
The UNESCO World Heritage Committee released a draft decision on July 15, 2026, urging Japan to further develop its interpretation of the Sado mine site's full history. The recommendation follows Japan's 2025 conservation report and precedes a committee session in Busan next week…
news.sky.combusiness5 days ago
Samsung Union to Rally Over Pay Gap After Chip Division Receives Exclusive Incentives
Samsung Electronics Company Union will rally Thursday at the Suwon plant to protest a nearly 100-fold compensation gap. The action follows a May wage deal that awarded performance incentives only to chipmaking staff.
Yonhapworld5 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.
Yonhapworld5 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.
Yonhapbusiness5 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.
yna.co.krfinance5 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.
KO
yna.co.krworld6 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.
finance6 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.krworld6 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.
Yonhapai6 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.
Yonhapworld6 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.