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The Latest Breaking News from South Korea

Canada to decide between German, South Korean submarine bids on Monday

Canada is expected Monday to choose between German and South Korean bids to build a multibillion-dollar fleet of 12 submarines

The Independent UK

After a nearly 800% explosion, this AI stock's U.S. debut could signal if the market can still boom—or is headed for a bust

Shares of South Korea's SK Hynix will list on the Nasdaq and are expected to start trading on Friday.

Fortune

Beth McKillop obituary

Museum curator and scholar with a special focus on Korean art

The Guardian - UK

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Falling oil prices give RBI more room to focus on growth, but relief uneven across Asia: Standard Chartered

Falling crude oil prices are providing a significant boost to India and other Asian nations, allowing central banks to prioritize economic growth. This "disinflationary relief" eases pressure on external accounts, especially for heavy energy importers like India, Thailand, and the Philippines. While some economies like South Korea may still face…

The Economic Times

South Korea plans future fund backed by semiconductor tax windfall

South Korea is establishing a "Future Response Fund" from semiconductor boom tax revenues. This fund will fuel major national projects, boost growth engines, and support younger generations. The initiative aims to tackle economic polarization and solidify the nation's global standing. President Lee Jae-myung's administration envisions this as a cornerstone for…

The Economic Times

AI capex cycle likely to end with market pushback, not spending cuts: Jefferies

Global brokerage Jefferies suggests the AI investment boom might falter not due to tech giants cutting spending, but investor impatience for returns. A significant wealth transfer to North Asia, evident in surging Korean and Taiwanese market caps, highlights where AI capital is flowing. US hyperscalers' recent underperformance and increased debt…

The Economic Times

Korean gambling kingpin sought by Interpol arrested in Pattaya

A South Korean man wanted under an Interpol red notice for alleged involvement in a major online gambling and scam operation has been arrested in Pattaya.

Bangkok Post

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'An unknown number called, asking to meet at the hotel opposite my home. I thought, “How does he know where I live? How did he get my number?”’ Guus Hiddink recalls how he landed the South Korea job

The Dutchman led South Korea to the World Cup semi-finals in 2002

FourFourTwo

SK Hynix Stock’s Upcoming U.S. Listing Is a Sign the Memory Trade Could Soon Topple. 2 Ways to Profit from the Pain.

South Korean memory giant SK Hynix is expected to list its American Depositary Receipts (ADRs) in the U.S. under the ticker SKHY. Its debut is tentatively scheduled for Friday, July 10.

Barchart

Humanoid robots showcase football skills

Humanoid robots compete in football matches at RoboCup in Incheon, South Korea, showcasing advances in robotics as spectators watch the action.

Euronews

Seoul soul-searching after World Cup exit

On this edition of Access Asia, we find out why anger is brewing in South Korea after the country's national team was eliminated from the World Cup. We also ask our Sports Editor why China hasn't managed to make it to football's top tier despite massive investment. Plus, Japan's prime…

France 24

Korean proverb of the day: ‘A lazy youth paints golden dragons on his dreams, while a…’ — why ambition needs action

A Korean proverb contrasts dreaming big with practical preparation. While some youth paint grand, golden dragons on their aspirations, the wise focus on sharpening their shoes for the journey ahead. This emphasizes that extraordinary achievements, regardless of their form, are built through diligent, often ordinary, daily tasks and consistent effort,…

The Times of India

SK hynix to invest over $60 billion in chip plants in South Korea, but the memory crisis still seems a long way from being over

That's $52 billion for a NAND plant and $13 billion for a chip packaging plant.

PC Gamer

South Korean police officer accused of running over woman she was sent to help

The officer reportedly explained that she ’did not properly see the woman’ as the streets were dark

The Independent UK

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Euronews

Rescued bile bears released in Denmark forest

Six rescued Asiatic black bears from South Korea start a new life in Denmark’s Knuthenborg Safaripark after an international rescue operation.

The Economic Times

In 1998, South Korea urged people to save the country from bankruptcy. Millions lined up with gold wedding rings and baby bracelets, raising $2.1 billion in just four months

In January 1998, millions of ordinary South Koreans voluntarily donated gold, including wedding rings and baby bracelets, to help their nation repay a massive IMF debt. This unprecedented public drive, inspired by historical acts of sacrifice, saw over 3.5 million citizens participate, contributing 227 metric tonnes of gold.

The Economic Times

Why South Korea's World Cup exit has become a national political controversy

South Korea's World Cup exit has ignited a national outcry, prompting presidential calls for an investigation and the coach's resignation. Frustration over the Korea Football Association's controversial appointment processes, including that of coach Hong Myung-bo, has fueled widespread demands for reform. Fans and officials alike are questioning competence over connections,…

The Times of India

How South Koreans donated 227 tonnes of gold to rescue their economy after the 1997 IMF bailout

When South Korea was plunged into one of the worst financial crises in its modern history, the government turned to the International Monetary Fund (IMF) for what was then the largest bailout package ever approved. Yet one of the country's most remarkable responses did not come from financial markets or…

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The Economic Times

Non-AI Nifty suddenly beating Nasdaq, South Korea & Taiwan bourses: Is the global tech trade finally reversing?

India's Nifty is surprisingly outperforming global tech giants like Nasdaq, South Korea, and Taiwan, marking a potential reversal in the AI-driven market trend. Foreign investors are shifting away from Korean chipmakers, while India's domestic growth drivers offer a more stable outlook. This shift, fueled by concerns over AI 'malinvestment' and…

The Guardian - AU

3,000% bonuses but a growing wealth divide: South Korea grapples with its AI chip boom

Powered by chipmakers Samsung Electronics and SK Hynix, South Korea is seeing a surge in wealth, but there are questions over who gets to share in the profits

Tom’s Hardware

SK hynix to invest $712.5 billion in South Korean operations — Cheongju NAND expansion, Yongin Semiconductor Cluster for DRAM detailed

SK hynix announces major plan to spend $712.5 billion in its operations in South Korea, but the only detailed investments are spendings on a new NAND fab and a packaging facility.

The Conversation

Vietnam’s population hit the 100 million milestone. Where’s it headed?

The population of Vietnam reached the 100 million mark in 2023. Fifty years ago, in 1976, when it was reunified as the Socialist Republic of Vietnam, the country had fewer than half as many inhabitants (46 million). A hundred years ago, it had only one sixth as many (16 million)…

Euronews

Death threats and presidential condemnation: Explaining the anger over South Korea’s World Cup exit

South Korea's World Cup came to an end last weekend, but the nation's anger continues to boil over, threatening to bring the culture of football into further disrepute. And expose a corruption case.

The Independent UK

South Korea disputes US congressional report claiming discrimination against Seattle-based Coupang

South Korea’s government has disputed a U.S. congressional report accusing Seoul of discriminating against Coupang

International Business Times UK

Hong Myung-bo Quits as South Korea Coach After President Lee Jae Myung's 'Incompetent People' Remark

Hong Myung-bo resigned as South Korea coach after President Lee Jae Myung criticised football leadership following the team's 2026 World Cup exit

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