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South Korea
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South Korea completes first commercial Arctic-Europe voyage, eyes regular service
A South Korean container ship completed the country's first commercial round trip to Europe via the Arctic on Sunday, docking in Busan 50 days after setting sail on August 22. Authorities aim to launc
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South Korea recalls Ukraine envoy amid row over North Korean POW transfer
South Korea has recalled its ambassador to Ukraine, escalating a diplomatic spat that began last month when Kyiv disclosed it had transferred two captured North Korean soldiers to Seoul. South Korea a
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South Korea Vows Legal Action Over Alleged Fuel Exports to Russia
South Korea's foreign ministry stated that the government would take legal action if Ukraine's allegations regarding illegal fuel exports from South Korea to Russia are confirmed. Previously, Vladysla
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South Korea considers banning foreign banks without domestic securities licenses from underwriting overseas bond transactions by local issuers.
South Korea considers banning foreign banks without domestic securities licenses from underwriting overseas bond transactions by local issuers.
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South Korean Finance Minister Pledges Favorable Business Environment
South Korean Finance Minister Lee Hyoung-il pledged on Wednesday to create a favorable business environment to support economic growth, while addressing structural challenges such as stagnant producti
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South Korean Industry Minister Kim Jung-kwan: The Alaska LNG project holds strategic value for South Korea's energy security, but participation must be economically viable.
South Korean Industry Minister Kim Jung-kwan stated on Tuesday during a parliamentary audit that the proposed Alaska LNG project holds additional strategic value for South Korea's energy security, esp
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South Korea's core inflation remained sticky at 2.8% in September, while exports hit a record $120.9 billion, fueling market expectations for a BOK rate hike in November.
South Korea's consumer price index (CPI) rose 2.9% year-on-year in September, in line with expectations, the Department of Data and Statistics announced on Friday. However, core inflation, excluding f
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South Korea and Ukraine are embroiled in a diplomatic dispute over North Korean prisoners of war.
South Korean President Lee Jae-myung accused Ukrainian President Volodymyr Zelenskyy of "undermining" him by disclosing a secret agreement to transfer North Korean prisoners of war to South Korea at t
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South Korea's FSC Proposes Rules Change to Pave Way for Securities Tokenization, Effective Feb 4, 2027
The Financial Services Commission (FSC) has proposed revisions to subordinate regulations under the Financial Investment Services and Capital Markets Act and the Act on Electronic Registration of Stoc
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South Korea's exports surged 83.5% year-on-year in September to $120.94 billion, exceeding the $120 billion mark for the first time in a single month.
South Korea's Ministry of Trade, Industry and Energy announced preliminary data on October 1, showing that exports in September surged by 83.5% year-on-year to $120.94 billion, marking the first time
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White House: South Korea Plans to Invest Billions
White House: South Korea Plans to Invest Billions
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South Korean Chip Leaders Call for Moving Beyond "Fast Follower" Model to Address Growing AI Demand
South Korea must develop new technologies and standards to remain competitive in the artificial intelligence sector, leaders in the country's chip industry said on Tuesday, according to The Korea Hera
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South Korea leans toward retaining 70% cap on risky assets in retirement pensions as market volatility slows reform push
South Korea leans toward retaining 70% cap on risky assets in retirement pensions as market volatility slows reform push
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South Korea's $22.3 billion Texas power project, the first under its $200 billion US investment program, awaits final US approval after Seoul completed domestic procedures.
South Korea's $22.3 billion Texas power project, the first under its $200 billion US investment program, awaits final US approval after Seoul completed domestic procedures.
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China tightens humanoid robot patent grip with 60% global share as of H1 2026
China's widening lead in humanoid robot patents is raising the stakes for South Korea's push to compete in the fast-growing industry. According to Intellectual Property Office data obtained by Rep. Le
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South Korea weighs crypto market makers after JPYC trades at 4 times peg
South Korean regulators are reconsidering their approach to crypto market making, which is currently restricted under the country’s manipulation rules, following a JPYC spike on Upbit this month that
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South Korea’s Three-Year Yield Rises to Highest Level Since November 2022
South Korea’s local bond market reopened after holidays, with its three-year yield rising to the highest level since November 2022, joining a global selloff as elevated oil prices stoked concern over
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Seoul demands apology from Kyiv over North Korea POW disclosure
South Korea accused Ukraine of violating a confidentiality agreement regarding the transfer of North Korean prisoners of war to South Korea. Ukraine had initially requested confidentiality due to the
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South Korea criticizes Ukraine for denying POW transfer nondisclosure agreement, citing damage to bilateral trust
South Korea's presidential office has expressed "strong regret" over Ukraine's disregard for a nondisclosure agreement with Seoul regarding the transfer of two North Korean prisoners of war (POWs). Th
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South Korea's deputy prime minister is an unabashed evangelist for AI, as the country bets big on the technology despite some fears of catastrophic risks
South Korea's deputy prime minister is an unabashed evangelist for AI, as the country bets big on the technology despite some fears of catastrophic risks
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South Korea's spy agency detected over 100 industrial tech leaks overseas in past 5 years, with semiconductors accounting for nearly 40%
South Korea's spy agency detected over 100 industrial tech leaks overseas in past 5 years, with semiconductors accounting for nearly 40%
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Korea National Diplomatic Academy President Kim Heung-kyu: China's global ambitions and tech rivalry with US raise stakes for Korea
Kim Heung-kyu, president of the Korea National Diplomatic Academy, made this assessment in a keynote speech at a seminar hosted by the China Capital Market Society, stating that China’s rise is reshap
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ADB raises South Korea's 2026 economic growth forecast to 3.2% on strong exports amid AI boom
The Asian Development Bank (ADB) on Wednesday raised South Korea's economic growth forecast for 2026 to 3.2% from its July projection of 2.6%, citing strong exports and corporate earnings driven by th
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KKR bets on Korea AI supply chain after record $3 billion deals this year
KKR & Co. expects more dealmaking opportunities in South Korea, betting on the country's central role in the global artificial-intelligence supply chain to fuel demand for data centers and power.
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South Korean lawmakers appear set to postpone cryptocurrency tax laws for a fourth time.
South Korean lawmakers appear set to postpone cryptocurrency tax laws for a fourth time.
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South Korea Considers Deploying Maritime Patrol Aircraft to Strait of Hormuz; President Lee Jae-myung Rules Out Combat Deployment
South Korea's National Security Advisor, Wi Sung-lac, stated that Seoul is still considering various options for deployment to the Strait of Hormuz, including sending maritime patrol aircraft. He reve
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Germany and South Korea eye strategic industrial partnership in defense
Germany and South Korea are exploring a new chapter in defense cooperation, moving towards a strategic industrial partnership. This initiative comes as Europe faces its most serious security crisis si
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Coinbase, Bithumb, and multiple South Korean financial institutions experienced data breaches; South Korean Presidential Office held an emergency meeting.
User data from crypto exchanges Coinbase and Bithumb has been leaked. Coinbase stated that its third-party analytics vendor, Amplitude, experienced a security incident, resulting in the exposure of a
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South Korean Financial Sector Hit by Cyberattack Again, Multiple Institutions Affected
South Korean financial institutions have been hit by a new wave of cyberattacks, highlighting the growing risk of AI-driven hacking in Asia. The latest incidents affected Daishin Securities, Mirae Ass
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South Korean Finance Minister Lee Hyoung-il hopes Bloomberg will review the country's emerging market status in its bond index, citing improved market access for foreign investors.
South Korean Finance Minister Lee Hyoung-il hopes Bloomberg will review the country's emerging market status in its bond index, citing improved market access for foreign investors.
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South Korea's ruling party and government have failed for the fourth time to agree on postponing the cryptocurrency tax, which is still set to take effect on January 1 next year.
South Korea's ruling party and government have failed for the fourth time to agree on postponing the cryptocurrency tax, which is still set to take effect on January 1 next year.
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the Nuclear Safety and Security Commission, on Tuesday approved an additional 10-year operational life for Kori units 3 and 4
South Korea's nuclear watchdog, the Nuclear Safety and Security Commission, on Tuesday approved an additional 10-year operational life for Kori units 3 and 4, two nuclear reactors located on the count
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South Korea's planned January crypto tax faces fresh delay requests
South Korea's planned January crypto tax faces fresh delay requests. The country is scheduled to begin taxing cryptocurrency income in January, but exchanges, investors, and lawmakers are once again r
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South Korea's Q3 GDP grew 1% QoQ, driven by strong exports and investment
South Korea's Q3 GDP grew 1% QoQ, driven by strong exports and investment. Data released by the Bank of Korea on Tuesday showed that the South Korean economy expanded by 1% quarter-on-quarter in the t
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South Korea is considering imposing an education tax on cryptocurrency exchanges.
South Korea is considering imposing an education tax on cryptocurrency exchanges.
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South Korea's presidential office is considering a fourth delay to the 22% cryptocurrency gains tax
South Korea's presidential office is considering a fourth delay to the 22% cryptocurrency gains tax, originally set to take effect on January 1, 2027, potentially pushing it back to 2029. The tax plan
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South Korea's current account surplus reached $116.63 billion in the second quarter
South Korea's current account surplus reached $116.63 billion in the second quarter, driven by strong chip exports, ranking second among major global economies and exceeding the combined surpluses of
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South Korea's crypto bill is reportedly nearing completion, aiming to establish a digital asset framework that includes an exchange licensing system and stablecoin issuance rules, while the debate over crypto taxation intensifies.
South Korea's crypto bill is reportedly nearing completion, aiming to establish a digital asset framework that includes an exchange licensing system and stablecoin issuance rules, while the debate ove
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South Korea's Arctic Shipping Trial Shows Shorter Europe Route Potential, Challenges
South Korea’s first government-led Arctic shipping trial has shown the potential to cut the distance to Europe by about 35 percent and the transit time by roughly 10 days compared with the Suez Canal
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German-Korean Chamber of Commerce and Industry President: German companies are viewing South Korea as a strategic manufacturing and innovation hub
Marie Antonia von Schonburg, President and CEO of the German-Korean Chamber of Commerce and Industry, stated that German companies are leveraging the industrial strengths of both countries to use Sout
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South Korea's government won a tax refund lawsuit against hedge fund Lone Star Funds, involving $127 million.
The South Korean government and Seoul have won a tax refund lawsuit against U.S. private equity firm Lone Star Funds, involving 168.2 billion Korean Won (approximately $127 million). The Seoul High Co
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South Korean Finance Minister: South Korea will support the establishment of a global "AI-based society" to ensure no country is left behind in the AI transformation.
South Korean Finance Minister: South Korea will support the establishment of a global "AI-based society" to ensure no country is left behind in the AI transformation.
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The number of foreign nationals participating in South Korea's defined contribution (DC) retirement pension plans surged by 67.5% in three and a half years, reaching 46,872.
The number of foreign nationals participating in South Korea's defined contribution (DC) retirement pension plans surged by 67.5% in three and a half years, reaching 46,872.
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South Korea Finance Officials to Meet Major Crypto Exchanges on Tuesday Amid Calls for Two-Year Crypto Tax Delay
South Korea Finance Officials to Meet Major Crypto Exchanges on Tuesday Amid Calls for Two-Year Crypto Tax Delay
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South Korea is intensifying its scrutiny of foreign banks, with informal guidance already leading to the postponement of at least one overseas bond issuance, and is considering implementing restrictive measures.
South Korea is intensifying its scrutiny of foreign banks, with informal guidance already leading to the postponement of at least one overseas bond issuance, and is considering implementing restrictiv
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Trump announces $130 billion Alaska LNG deals with South Korea and Taiwan
Former President Trump announced that South Korea will invest $50 billion in the Alaska LNG project. Taiwan has committed to $70–80 billion in LNG purchases over 20 years and will also invest $4.4 bil
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IMF projects South Korea's GDP per capita to exceed $40,000 this year for the first time, reaching $43,512
The International Monetary Fund (IMF) projects South Korea's gross domestic product (GDP) per capita to exceed $40,000 for the first time this year, reaching $43,512. This is a 19.5% increase from an
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South Korea to Establish Chip Policy Office to Accelerate 800 Trillion Won Investment and Strengthen Industry Competitiveness
The South Korean government will establish a dedicated semiconductor policy office next week to accelerate 800 trillion won in chip investments and enhance the country's industrial competitiveness in
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South Korea
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LS Cable subsidiary Gaon Cable secures W120b ($90m) US AI data center cable deal
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Event prediction platform Kalshi completes $1 billion funding round, reaching a valuation of $40 billion, with non-sports revenue run rate exceeding $1 billion.
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Iranian President Pezeshkian stated that Iran is ready to expand cooperation with Turkey to serve common interests and enhance regional security.
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New ECB staff estimates show bond yield rise cutting 2027-28 growth by a cumulative 100 BPS and inflation by 90 BPS vs Sept baseline.
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Report: Hedge Funds Exit Bitcoin ETF Arbitrage Trades, Sovereign Wealth Funds and Retail Investors Step In
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