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The Latest Breaking News from South Korea

North Korea unveils a new plant to produce fuel for nuclear weapons

North Korea has revealed a new facility for producing nuclear bomb fuels. Leader Kim Jong Un announced plans to significantly increase the country's nuclear arsenal. State media showed images of a large centrifuge hall, suggesting uranium enrichment. This move aligns with Kim's vows to expand the nuclear program amid perceived…

The Economic Times

North Korea unveils nuclear fuel plant as Kim vows 'exponential' boost to deterrent

North Korea on Thursday unveiled a new facility believed to produce fuel for nuclear weapons, with leader Kim Jong Un pledging to expand the country's nuclear forces “at an exponential rate”. Photos suggested the site may be a uranium enrichment facility. Kim has repeatedly cited US-led military threats as underpinning…

France 24

Corn Reverting from Early Gains to Midday Losses

Corn futures are falling 5 to 6 ½ vents across the front months on Wednesday. The CmdtyView national average Cash Corn price was down 6 ¼ cents at $3.98 ¼. USDA reported a private export sale of 136,000 MT of corn to South Korea this morning for 2026/27 shipment. Ahead...

Barchart

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Investors Are Fleeing to South Korean and Taiwan ETFs for Diversification. If You Do That, You’re Still Just Chasing AI Chip Stocks.

Major tech companies like Taiwan Semi and Samsung dominate these single-country ETFs.

Barchart

Korean tech workers splash cash on luxury brands after bumper bonus payouts — luxury goods sales rocket nearly 150% in Gyeonggi Province semiconductor belt

South Korean media has noted a surge in spending on luxury goods following big bonus payouts to semiconductor workers.

Tom’s Hardware

World Cup 2026 – Group A guide: Hosts Mexico eye deep run with wonderkid Gilberto Mora set to dazzle

Mexico, hosting for a third time, eye return to knockout stages following disappointment in Qatar

The Independent UK

Air Liquide announces milestone investment in South Korea to support SK hynix's advanced AI memory chip project

PARIS and SEOUL, South Korea, June 3, 2026 /PRNewswire/ -- Air Liquide has signed a major long-term contract with SK hynix, a global leader in memory semiconductors. The Group will bring its pioneering solutions to SK hynix's massive industrial project dedicated to advanced packaging of HBM (High-Bandwidth Memory), the backbone…

AAP

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AI investment boom reshaping global capital flows, leaving India temporarily on the sidelines: Jonathan Garner

Foreign investors are shifting capital from India to North Asian markets like South Korea and Taiwan, driven by the AI investment boom and extraordinary earnings growth. While India's long-term growth remains strong with healthy earnings, the current global focus is on AI-driven capital expenditure, impacting investment flows.

The Economic Times

Chip, chip ... boom? South Korea tech makers join the trillion-dollar club but some fear a short-circuit looms

South Korea’s Kospi stock market has hit record highs thanks to AI, but experts urge caution over boom-bust cycles and a heavy reliance on two chipmakers

The Guardian - AU

A wall of nametags at a South Korean park testifies to adoptees’ longing for their birth mothers

Dozens of people adopted abroad fastened ceramic nametags recently on a cobblestone wall at a park on a former U.S. military base in Paju, South Korea

The Independent UK

The economic windfall of AI chips

Investors are piling into South Korea and Taiwan for semiconductor stocks, but the AI boom isn't just fattening profits at North Asia's chip champions. It is powering a broader economic resurgence, driven by stronger household consumption, rising investment and widening tax coffers.

Bangkok Post

Samsung minority union challenges bonus deal in court

A labour union representing several thousand Samsung Electronics employees asked a court on Tuesday to nullify a bonus agreement between the South Korean tech giant and its largest union. The Samsung agreement has fuelled labour demands across South Korea, with workers in sectors ranging from biotech and autos to shipbuilding…

The Economic Times

In Face of Activist Investment, A Preference for Chairman Choi's Good Governance and Leadership Maturity Wins at Korea Zinc

The Republic of Korea's corporate governance landscape is undergoing one of the most significant transformations the country has witnessed in decades, aimed at protecting shareholder interests, boosting management accountability, and increasing transparency requirements.

International Business Times

South Korea, Taiwan leapfrog India, but the race was lost decades ago

South Korea and Taiwan have surged ahead of India in global stock markets, driven by AI-powered semiconductor booms. Their success stems from decades of strategic state investment and industrial policy, creating market leaders like Samsung, SK Hynix, and TSMC. India, despite recent efforts, faces a long road to catch up…

The Economic Times

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The Economic Times

Explained: Why Indian stock market has fallen prey to South Korea, Taiwan’s AI prowess

South Korea's stock market has surged past India's, becoming the world's sixth-largest, driven by its semiconductor giants' AI boom. India faces headwinds from a weakening rupee and lack of AI exposure. Despite current challenges, Morgan Stanley remains optimistic about India's long-term growth prospects, citing improving earnings and macro support.

Bangkok Post

Pay workers ‘as much as possible’, Nvidia chief says

TAIPEI - Companies should pay workers “as much as possible”, Nvidia chief executive Jensen Huang said on Tuesday ahead of a trip to South Korea, where Samsung Electronics recently averted a strike by making an agreement on huge profit-based bonuses with its union.

The Economic Times

Global Markets: South Korean shares post record-high close as Nvidia hopes lift tech stocks

South Korean stocks hit a record high Tuesday, driven by tech giants like Samsung Electronics and Naver, fueled by hopes of AI collaboration with Nvidia. Despite a volatile trading session, the KOSPI closed higher. Meanwhile, consumer inflation surged to a two-year peak, potentially prompting monetary tightening. Foreign investors continued their…

The Economic Times

South Korean tech stocks swing as Nvidia robotics push sparks sector rotation

South Korean technology stocks experienced significant fluctuations. Investors shifted focus towards companies poised to benefit from Nvidia's growing interest in robotics and physical AI. Other stocks saw profit-taking after a strong rally linked to the US chipmaker. Jensen Huang's comments in Taipei fueled optimism for robotics firms. Future meetings in…

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The Economic Times

South Korea overtakes India as world’s sixth-largest stock market

South Korea's stock market has now surpassed India's, becoming the world's sixth largest. This significant shift is largely due to the booming performance of its chip giants, Samsung Electronics and SK Hynix, which are central to the global artificial intelligence boom.

The Economic Times

Captain Kushwaha scores twice as India beat Korea 4-1 in U-18 Asia Cup

India's U-18 men's hockey team secured a commanding 4-1 victory over Korea in the U-18 Asia Cup. Captain Ketan Kushwaha scored twice, with Varinder Singh and Shahrukh Ali also finding the net. This win places India level on points with Korea and Japan in Pool A. India's next match is…

AAP

Hyundai Motor Debuts "Next Starts Now" Global Campaign Film for FIFA World Cup 2026™

SEOUL, South Korea, June 1, 2026 /PRNewswire/ -- Hyundai Motor Company today unveiled its FIFA World Cup 2026™ global campaign film "Next Starts Now". The 60-second cinematic brand film features next-generation football (soccer) talents alongside Son Heung-min and Boston Dynamics' Atlas® robot.

The Economic Times

KorinMi raises Rs 10 crore from Lotus Herbals to bring Korean skin treatment to India

Founded in 2024, KorinMi is a Korean beauty clinic that started with skin treatments and has now expanded to direct-to-consumer (D2C) products. Korean beauty or K-beauty is an umbrella term for skincare, makeup and treatment that originated in South Korea and focuses on long-term skin health rather than short-term fixes.

The Economic Times

South Korea launches new team to protect foreign workers' rights

South Korea's Ministry of Justice has launched a new team within the Korea Immigration Service to protect foreign workers' rights and prevent human rights abuses. This initiative includes education, counseling, investigations, and victim assistance, responding to recent incidents of violence against migrant employees. The government also plans an integrated support…

The Independent UK

Explosion and fire at defense company in South Korea kills 5

An explosion and fire has occurred at a defense company in South Korea, killing five people and injuring two others

The Times of India

Explosion at Hanwha Aerospace plant, 5 killed and 2 injured

Five people were killed and two people are injured in a explosion at Hanwha Aerospace plant the defence company, in the city of Daejeon in South Korea, officials have said.

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