South Korea abandons hardline stance on North’s nuclear weapons programme Seoul is moving away from demanding Pyongyang fully give up nuclear weapons before any settlement The Independent UK · Jul 24
BIGBANG to mark 20 years with huge Seoul celebration ahead of global stadium tour BIGBANG will kick off their 20th‑anniversary festivities with a free multimedia event in Seoul on August 19, ahead of a major world tour starting later that week. BANG Premier · Jul 23
Faker named South Korea’s Cyber Gambling Prevention Ambassador by national police The League legend received the rank of 경장 (Senior Policeman) at a ceremony in Seoul, adding another government honor to his growing list of accolades outside esports. Dot Esports · Jul 22
South Korea says Coupang dispute not holding up US trade and security agenda A top South Korean official stated the Coupang data leak dispute is not delaying discussions with Washington. This incident involved over thirty-three million records, contradicting the company's initial claims. Bilateral issues were reviewed comprehensively, not solely focusing on the e-commerce firm's case. Investment and trade consultations continue, with no delays… The Economic Times · Jul 22
South Korea restaurant owner faces jail for ant sorbet SEOUL — The owner of a South Korean Michelin-starred restaurant is facing one year in jail for garnishing a palate-cleansing sorbet with black ants "to add a sour taste", local media said. Bangkok Post · Jul 22
Samsung, SK Hynix Tumble in Seoul as China AI Breakthrough Weighs on AI Infrastructure Stocks Seoul-listed shares of Samsung Electronics Co. and SK Hynix Inc. (NASDAQ:SKHY) fell sharply on Monday, extending last week’s sell-off and dragging South Korea’s benchmark KOSPI index lower, as investors continued to assess the implications of China’s latest AI advances. Benzinga · Jul 20
How a dispute over ecommerce firm Coupang is testing US-South Korea ties South Korea's decision to fine e-commerce firm Coupang over a data leak has drawn criticism from Washington and raised questions about the country's openness to American tech, raising worries the matter is impacting Seoul's relations with the U.S. The Economic Times · Jul 20
How a dispute over ecommerce firm Coupang is testing US-South Korea ties South Korea's fine on ecommerce firm Coupang has drawn significant US criticism. This dispute raises concerns about Seoul's openness to American technology companies. The issue is impacting broader bilateral relations and security negotiations between the two nations. South Korean officials maintain the fine was for a data leak, not discrimination.… The Economic Times · Jul 17
South Korea’s Extreme Market Volatility Triggers Intervention on Leveraged ETFs Tied to SK Hynix, Samsung Seoul is tripling the cash Korean investors must hold to trade leveraged single-stock funds, an emergency attempt to contain the violent volatility that have triggered several emergency trading halts on the KOSPI index in recent weeks. Benzinga · Jul 16
Anne’s royal meet and greet with a robot during South Korea tour The Princess Royal was said to be extremely interested to talk about AI The Independent UK · Jul 15
Anne’s royal encounter with humanoid robot on trip to South Korea The princess, who is on a three-day official visit to the republic, shook hands with the state of the art machine in a lab in the capital Seoul. Evening Standard · Jul 15
Seoul leads Asian stocks higher as US inflation eases rate fears HONG KONG — Seoul led gains across Asian equity markets early Wednesday as tech firms bounced back following a softer-than-expected US inflation print that soothed worries about a possible interest rate hike this month. Bangkok Post · Jul 15
Global Market Update | SK Hynix set to gain as South Korea eases capital-raising rules South Korea's ruling party seeks to ease rules for SK Hynix joint ventures. This move aims to attract outside capital for new chip factories. The proposed law change allows subsidiaries to form ventures with investors. SK Hynix needs significant funds for its aggressive chip expansion plans. New ventures must also… The Economic Times · Jul 14
SK Hynix US-listed shares slip nearly 8% as Nasdaq debut euphoria cools SK Hynix’s US-listed shares fell nearly 8% after a strong Nasdaq debut, as investors booked profits in AI-linked chip stocks. The decline triggered broader weakness across global semiconductor stocks, with sharp losses in Seoul and the US, reflecting growing concerns over valuations and sustainability of AI-driven demand. The Economic Times · Jul 13
The Economic Times · Jul 13 SK Hynix plunges after Nasdaq debut as memory chip euphoria cools Seoul's stock market faced a dramatic nine percent drop, prompting a temporary halt in trading activities. SK Hynix shares plummeted by over fifteen percent, marking their most significant daily decline. This downturn reflects wider losses across South Korea, particularly affecting competing chip manufacturers. Investors are now retracting earlier gains amid…
The Economic Times · Jul 13 South Korea launches digital nomad visa with easier rules, longer stay South Korea has launched its F-1-D digital nomad visa, effective June 30, allowing remote workers to reside in the country for up to three years. Income requirements have been reduced for certain applicants based on age and location. Spouses and dependent children are permitted to accompany the primary visa holder.…
The Economic Times · Jul 13 SK Hynix sinks after Nasdaq debut amid profit-taking, easing earnings optimism SK Hynix shares declined significantly in Seoul trading on Monday. This followed a strong debut for its American Depositary Receipts on Nasdaq. Investors booked profits after the successful U.S. listing concluded. Concerns about second-quarter earnings also impacted market sentiment. Shipment increases for HBM4 chips did not appear to materialize at…
International Business Times UK · Jul 10 $1 Trillion SK Hynix Storms Wall Street With Record-Shattering $26.5 Billion Nasdaq Debut SK Hynix, a leading South Korean memory-chip maker, raised $26.5B in the largest-ever US share sale by a foreign firm, as its market value nears $1 trillion.
The Economic Times · Jul 10 Global Market: SK Hynix's Nasdaq ADR debut raises $26.5 billion amid AI chip boom South Korean chipmaker SK Hynix successfully raised $26.5 billion through its ADR offering. This significant fundraising highlights robust global investor interest in AI semiconductor suppliers. The company is a leading provider of essential high-bandwidth memory chips for AI processors.
Times Life · Jul 8 Five Indian Cities Where a Food Walk on the Streets Tells You More Than Any Museum Lucknow: The Tehzeeb Is in the Serving, Not the DishYou don't understand Lucknow by reading about the nawabs. You understand it by watching the man at the tunde kabab counter in Aminabad hand you your parcel with both hands, with a slight incline of the head, as if the transaction…
The Independent UK · Jul 7 Wall Street suffers major losses as AI stocks tumble and oil prices jump The market's unease originated in Asia, where South Korean tech giant Samsung Electronics saw its shares tumble 6.9% in Seoul
Euronews · Jul 7 South Korean law targeting 'fake news' takes effect as journalists' groups raise concerns South Korea saw a surge in online misinformation following the botched 2024 martial law attempt, including unsubstantiated allegations of Chinese interference in the electoral system.
The Economic Times · Jul 7 Seoul dives on tough day for Asia as Samsung fails to ease tech woes Seoul stocks led Asian market losses as Samsung's shares tumbled significantly. Investors remained cautious despite strong earnings and AI-driven demand for memory chips. Wall Street indexes reopened with gains, easing worries over a tech sector retreat. Oil prices climbed over one percent after an incident off Oman's coast. Traders await…
Bangkok Post · Jul 7 Samsung expects 1,800% operating profit leap on AI boom SEOUL - South Korean technology giant Samsung Electronics forecast Tuesday a massive 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained AI-driven demand for memory chips.
The Economic Times · Jul 6 Global Market: South Korea launches 24-hour onshore dollar-won trading to boost global market appeal South Korea has launched a 24-hour onshore dollar-won trading system, a significant move to boost currency accessibility and global appeal. This extended trading window aims to attract foreign investors and improve market liquidity, aligning with Seoul's ambition for developed market status in global indices. The reform is expected to enhance…