The Latest Breaking News from South Korea

Goldman Sachs Names the Asian Currencies Riding the AI Boom. South Korea and Taiwan Are Leading

Goldman Sachs said Asia's foreign exchange market has effectively split between economies benefiting from booming AI investment and chip exports and nations more vulnerable to rising energy costs.

International Business Times · Jul 27

Prime Video India signs multi-year deal with Korea's CJ ENM, to stream 100+ K-shows over two years

Prime Video India has signed a multi-year distribution deal with South Korea's CJ ENM to bring over 100 Korean shows to Indian audiences over the next two years. The partnership includes 26 new titles, such as Yumi's Cells Season Three and The Legend of Kitchen Soldier, along with popular library…

The Economic Times · Jul 27

Ex South Korea President sentenced to 18-month suspended prison term over election campaign lies

Former South Korea president Yoon Suk Yeol was on Monday sentenced to 18 months in prison, suspended for three years, after a Seoul court found him guilty of making false statements during his successful 2022 presidential campaign.

The Times of India · Jul 27

A heavily armed border still divides North and South Korea 70 years after the armistice

North and South Korea remain separated by one of the world’s most heavily armed borders. It's a lasting reminder that the 1950-53 Korean War ended with an armistice, not a peace treaty, leaving the countries technically still at war.

The Independent UK · Jul 27

UNESCO adds France's D-Day landing beaches, Greece's Mount Olympus to World Heritage List

UNESCO has added France’s D-Day landing beaches and Greece’s Mount Olympus to its World Heritage List, during a UN committee meeting in South Korea reviewing dozens of nominations.

Radio France Internationale · Jul 26

Mount Olympus and Normandy’s D-Day beaches join Unesco World Heritage List

Being added to the list means the historical sites are eligible for added protection

The Independent UK · Jul 26

Charting the global economy: Growth picks up, AI boom continues

US unemployment claims reached a near 60-year low, signaling a stable labor market. The European Central Bank rejected an immediate rate hike, planning for a possible September increase. South Korea's economy grew faster than expected, driven by a chip boom.

The Economic Times · Jul 26

Billionaire Who Left His Wife For A Younger Woman Ordered To Pay Her Insane Amount In The ‘Divorce Of The Century’

A South Korean billionaire was ordered to pay his ex-wife $645 million after a years-long divorce battle.

Bored Panda · Jul 25

Georgia's Okefenokee Swamp among new additions to join UNESCO's World Heritage List

The Okefenokee Swamp in Georgia, a centuries-old porcelain center in eastern China and tidal flats in western South Korea were among several sites added to the World Heritage List on Saturday at a U.N. committee meeting in South Korea

The Independent UK · Jul 25

South Korea's SK Hynix, Samsung Electronics sign $950 billion partnership with US big tech

The partnership includes the long-term supply of $750 ​billion in memory ​chips to US companies by SK Hynix ‌and $200 billion in chips ​by Samsung ​Electronics ⁠to Broadcom, the presidential adviser, Kim Yong-beom, ​said at a briefing.

The Economic Times · Jul 25