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The Latest Breaking News from South Korea

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

Global Market: Japan's Nikkei closes lower as oil price jump dims corporate outlook

Japan's Nikkei share average closed lower as oil prices rose due to renewed Middle East conflict. Investors weighed the corporate outlook amid increasing costs and the start of earnings season. Chip-related stocks dragged the Nikkei lower, influenced by South Korea's benchmark index. Memory maker Kioxia tanked significantly after a high-profile…

The Economic Times

South Korea's AI tax windfall a 'golden window' for investment: Lee

South Korea will use a tax revenue windfall from artificial intelligence chipmakers as a strategic source of investment, President Lee Jae Myung said Monday, describing a "golden window" of opportunity. "These revenues are a valuable national resource that should be invested during the golden window when the global race for…

The Economic Times

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South Korea flags record 2027 budget of over $530 billion as AI chip boom lifts revenues

South Korea plans record budget spending exceeding 800 trillion won for fiscal 2027. This significant spending will be supported by stronger tax revenues from the AI chip industry. The government will prioritize investments in chips, AI data centers, and physical AI technologies. Existing spending programs will undergo major restructuring to…

The Economic Times

Oil price jumps 3% and UK pump prices rise as the US and Iran trade attacks – as it happened

Brent crude remains below $80 a barrel; European shares push cautiously higher while Asian shares tumble with South Korea’s Kospi down nearly 10%

The Guardian - UK

Global Market: SK Hynix warns of historic memory chip shortage by 2027 as AI demand soars

SK Hynix anticipates a severe global memory chip shortage extending beyond 2030. Accelerating artificial intelligence infrastructure demand fuels this projected supply constraint. The company is exploring new fabrication facilities in regions like the United States. South Korea plans significant domestic memory chip production expansion over five years. Record profits highlight…

The Economic Times

South Korean singles look for their dream match at Buddhist temple retreat

YANGYANG, ⁠South Korea - In a picturesque Buddhist temple, young South Korean men and women walk hand-in-hand, one wearing a blindfold and the other describing the path ahead as they walk ‌towards a gate where legend tells them dreams come true.

Bangkok Post

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EM equities see $46 billion exodus in June as South Korea, Taiwan tech selloff rattles investors

Emerging markets saw substantial equity outflows totalling $46.1 billion in June. South Korea and Taiwan experienced the largest investor withdrawals from their stock markets. However, emerging market debt attracted foreign inflows, showing investor preference for fixed income.

The Economic Times

Korea's Kospi hits 8% lower circuit, trading halted. What's rattling investors today?

South Korea's benchmark Kospi index plunged 8% to lower circuit on Monday as rising tensions in the Gulf and soaring oil prices rattled global markets. The selloff, led by sharp declines in AI-heavyweights SK Hynix and Samsung Electronics, pushed the index deeper into bear market territory, although it remains the…

The Economic Times

SK Hynix is a golden goose. It has to lay more eggs

Investor enthusiasm stems from the fact that SK Hynix has morphed into a golden goose. It’s the world’s second-largest supplier of dynamic random-access memory chips, or DRAM, and the biggest when it comes to the high-bandwidth ones that are paired with Nvidia Corp.’s graphics processing units.

The Economic Times

Global Market Today: Asian shares slip as oil jumps on Gulf attacks

Asian markets declined as intensified Gulf fighting and oil price surges rekindled inflation risks. Oil prices climbed significantly, impacting global economic outlooks and investor sentiment. Investors increased expectations for a Federal Reserve interest rate hike soon. Major banks and tech companies are set to release their quarterly earnings reports. South…

The Economic Times

Hyundai to export Thai BEVs to Australia

Hyundai Mobility Thailand, a subsidiary of South Korea's Hyundai Motor Group, has announced plans to export battery electric vehicles (BEVs) produced at its Thai manufacturing plant to Australia starting in the final quarter of 2026.

Bangkok Post

‘I was offered all sorts in South Korea, but I couldn’t accept the villa on a volcanic island’ Guus Hiddink on being revered in South Korea

The Dutchman oversaw South Korea's run to the World Cup semi-finals in 2002

FourFourTwo

South Korea’s world-beating stocks are now trading cheaper than ever! Time to bulk up?

South Korea's benchmark Kospi index has surged about 80% this year to record highs, yet its valuation has fallen to a historic low as corporate earnings, led by memory-chip giants Samsung Electronics and SK Hynix, have outpaced the rally. Investors remain divided over whether the cheap valuations present a buying…

The Economic Times

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The Economic Times

South Korea issues first emergency heatwave warning under new rating system

South Korea issued its first-ever emergency heatwave alert on Sunday under a new warning system introduced this year, advising people to halt outdoor activities and keep cool. Under the emergency warning, people engaged in outdoor activities should stop immediately and move to a cool place, she said.

The Economic Times

South Africa's Jayden Adams, 25, dies after playing in World Cup

Adams started two of the three World Cup matches he appeared in for South Africa despite the death of his grandmother, Marianna, one day before a 1-1 draw with the Czech Republic. He started in that match and South Africa's 2-0 loss to Mexico. He was a sub in a…

Android Central

The Galaxy Tab S12 Plus looks familiar in leaked live image—not sure that's a good thing

A report claimed the Galaxy Tab S12 Plus is passing through certification hoops in South Korea, and a live image reportedly leaked, too.

Fortune

How SK Hynix just pulled off the second-largest U.S. share sale by quietly powering the AI boom

With a $26.5 billion Nasdaq debut, the South Korean manufacturer caps off a long, strange path from memory-chip also-ran to AI powerhouse

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The Economic Times

North Korea condemns NATO summit, says denuclearisation should start with US allies

North Korea condemned the US and its allies for strengthening military blocs. Pyongyang accused NATO leaders of portraying its sovereign rights as a threat. The alliance demonstrated stronger commitment to bloc-to-bloc confrontation and increased arms spending. South Korea's President Lee Jae Myung hoped for expanded cooperation with NATO allies. North…

The Economic Times

Korea’s SK Hynix shares make stellar US market debut, rocket 13% on continued AI optimism

SK Hynix's U.S. shares surged thirteen percent on their Nasdaq debut. The South Korean chipmaker raised twenty-six point five billion dollars through a share sale. This demonstrates continued investor interest in AI-linked semiconductor stocks. Recent market pullbacks have not deterred this strong sector appetite. The company's listing provides funding for…

The Economic Times

SK Hynix shares jump 14% in debut on US stock market riding on AI wave

SK Hynix shares surged on their Nasdaq debut, showing strong investor interest in chip stocks. The company's offering attracted significant demand, exceeding expectations for memory chip market strength. This listing provides SK Hynix direct access to a large investor pool for future expansion. The firm leads in high-bandwidth memory chips…

Benzinga

SK Hynix IPO Triggers Wall Street's Next Leveraged ETF Gold Rush

SK Hynix’s (NASDAQ:SKHX) record-breaking Nasdaq debut on Friday is already creating a furor in the ETF universe, with issuers rushing to launch leveraged products tied to the South Korean memory-chip leader, as U.S. investors gain direct access to one of the biggest beneficiaries of the AI boom.

Tom’s Hardware

SK hynix raises a record $26.5 billion in historic U.S. IPO — South Korean memory giant to fund massive HBM manufacturing expansions

SK hynix raised $26.5 billion in a record-breaking Nasdaq IPO, as it plans to channel the windfall from surging AI demand and sold-out HBM supply to fund new fabs.

Android Central

The Galaxy Z Fold 8 just broke cover in a Samsung store — and the US price has leaked too

A Reddit user claims the Galaxy Z Fold 8 is already on display in a Samsung store in South Korea ahead of its official reveal.

Tom’s Hardware

Researchers turn HBM on its side to tackle AI memory’s heat wall — Korean V-Die and Japanese MOSAIC designs promise higher bandwidth, denser stacks, and cooler future GPUs

Researchers in Korea and Japan have proposed sideways-stacked DRAM designs that could push future AI memory beyond conventional HBM limits by improving cooling, bandwidth, and capacity while reducing reliance on TSV-heavy vertical stacks.

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