Stories tagged “South Korea.”
30 stories
North Korea fired a short-range ballistic missile over the Sea of Japan on Thursday, Seoul's military said, with the launch coming after Pyongyang lambasted Japan's military build-up in the Pacific.
Starbucks Korea's headquarters were raided by police investigating a marketing campaign that trivialized the 1980 Gwangju uprising, sparking widespread public outrage.
South Korea's president orders all-out response to heatwave
South Korea's president orders all-out response to heatwave as the country experiences its worst heatwave in 122 years, with temperatures expected to peak at 39 degrees Celsius in Seoul.
South Korea's football association was raided by police as part of an investigation into the appointment of the coach in charge during their dismal World Cup campaign. Police conducted 'search and seizure operations' at the Korea Football Association (KFA) offices, probin…
South Korean police have raided Starbucks Korea's headquarters following defamation claims related to a controversial "Tank Day" marketing campaign that coincided with the anniversary of the 1980 Gwangju Uprising.
Heat kills 16 in South Korea this summer: interior ministry
South Korea's summer heat has killed 16 people so far this year, with 2,025 people suffering heat-related illnesses, according to the interior ministry. Temperatures have soared to record highs, with the city of Yangsan reaching 42.5C on Sunday.
South Korean President Lee Jae Myung urged authorities to step up support for people affected by a record heatwave in the country, saying the death toll had risen to 16 and warning that extreme weather was becoming more frequent.
South Korean exchange Bithumb has published a three-stage roadmap to a 2028 IPO, including internal controls and K-IFRS preparation in 2026, and a preliminary listing review in 2027.
South Korea saw $367 million in stablecoin outflows to overseas exchanges in June, extending the country's streak of monthly net stablecoin outflows to 18 consecutive months.
South Korean graduates are increasingly looking to Japan for job opportunities due to a chronic shortage of desirable entry-level jobs at home. Japanese companies are struggling to fill positions in large graduate schemes, making it an attractive destination for South Kor…
Young South Koreans look for jobs in Japan as they struggle to find work at home
Young South Koreans are seeking jobs in Japan due to difficulties finding employment at home. A startup, Korec, has been connecting Korean job seekers with Japanese employers, with the founder citing the intelligence and language skills of the graduates as reasons for the…
Iran and South Korea are set to strengthen technological cooperation in building industrialization at the International Exhibition of Building and Construction in Tehran. The exhibition aims to operationalize a cooperation memorandum between Iran's Ministry of Transport a…
South Korea on Sunday registered its highest temperature since records began more than a century ago, with the south-eastern city of Yangsan recording a temperature of 42.5°C. Much of the country has been placed under heat warnings, with many cities seeing temperatures cl…
Seoul's nightlife is transforming to focus on music and healthier options as more young South Koreans shun drinking. The pandemic marked a turning point in Hongdae's reputation as an entertainment hotspot.
South Korean shares jumped 18% on Friday, partly reversing a three-day rout that wiped hundreds of billions of dollars off the value of the country's stock market. The benchmark Kospi index was driven by chip makers SK Hynix and Samsung Electronics.
A fierce talent war is erupting between Samsung and SK Hynix over high-bandwidth memory (HBM) chip engineers, while a new AI Hype Index suggests a reality check for the industry's inflated expectations.
South Korea's Financial Services Commission plans a government-backed digital asset bill covering stablecoins and exchanges, while opposition lawmakers seek to scrap a 22% crypto tax due in 2027.
Samsung's semiconductor employees are increasingly leaving for rival SK Hynix, driven by significantly larger bonuses at SK Hynix due to its success in high-bandwidth memory (HBM) chips for AI.
South Korea’s ex-president found guilty of election disinformation
A South Korean court handed jailed ex-president Yoon Suk Yeol an 18-month suspended sentence for spreading disinformation in his 2022 election campaign. The ruling could see Yoon's 2022 electoral win nullified, a largely symbolic blow for the disgraced ex-leader who is al…
Iran can learn valuable lessons from South Korea's strategic response to the West Asia crisis and apply them to its own economic development framework. South Korea's journey from crisis management to future economic architecture offers a compelling case study for nations …
South Korea has introduced a permanent Digital Nomad Visa, allowing eligible foreign remote workers to live in the country while working for an employer or business based overseas. The visa is aimed at foreign nationals who work remotely for companies outside South Korea …
South Korea's largest bank, KB Kookmin Bank, will launch a blockchain-based cross-border payment service for import and export businesses using JPMorgan’s Kinexys network.
Shiba Inu (SHIB) surged 36% to $0.0000057, adding $1 billion to its market value without a clear fundamental catalyst, primarily driven by South Korean traders.
South Korea announced US$950 billion in new AI initiatives involving Samsung Electronics, SK Group, and US tech firms to fill a shortage of faster chips. SK Group signed deals worth US$750 billion, including a partnership with Nvidia valued at over US$500 billion. Samsung…
South Korea's Samsung Electronics and SK Hynix will pursue memory chip supply partnership with U.S. big tech companies including Nvidia worth $950 billion overall.
South Korean crypto exchange Korbit is reportedly rebranding as Digital X following its acquisition by Mirae Asset Group, aiming to become a hub for tokenized assets, stablecoins, and digital finance.
Japan pledges cooperation with ASEAN, China, S. Korea on energy, scams
Japan on Thursday pledged greater cooperation on energy security and efforts to combat online scams in a meeting of foreign ministers from the Association of Southeast Asian Nations, China and South Korea.
UNESCO panel urges Japan to improve exhibits at Sado Gold Mines
A UNESCO panel has urged Japan to enhance exhibits at the Sado Island Gold Mines, a UNESCO World Heritage site in Niigata Prefecture, to provide a comprehensive view of the mining history. The panel made the request as it adopted a resolution on the conservation status of…
S.Korean won hits 2-1/2-mth high after GDP beat boosts BoK rate hike expectations
South Korea's won climbed to a 2-1/2-month high after stronger-than-expected economic growth reinforced expectations that the Bank of Korea could deliver another interest-rate hike as soon as August. Resilient semiconductor exports continued to underpin the economy.
South Korea's economy grew faster than market expectations in the second quarter, driven by a semiconductor export boom that offset a decline in construction investment.