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LEE JAE MYUNG
South Korea proposes record $597 billion 2027 budget to supercharge AI investmentIn its annual budget proposal, the budget ministry said the spending plan represented a 12.8% rise from 2026, marking the largest year-on...
South Korea names veteran technocrat Lee Hyoung-il as new finance chief in cabinet reshuffleSouth Korea announced a significant cabinet reshuffle on Sunday. Lee Hyoung-il was appointed as the new deputy prime minister and finance m...
Families of South Koreans missing in Nepal floods seek urgent helicopter accessNine South Koreans remain missing after a catastrophic flash flood in Nepal. Families are urging authorities to secure helicopter access fo...
'Inappropriate and hostile': Trump scales back US-South Korea drills amid ties with North KoreaPresident Donald Trump ordered a significant reduction in joint military exercises with South Korea. He cited costs and his relationship wi...
South Korean container ship sets sail on first commercial Arctic voyage to EuropeA South Korean container ship has begun its first commercial voyage via the Arctic. This journey aims to test the viability of the Northern...
From stock euphoria to panic: South Korea investors face painful market falloutSouth Korea’s KOSPI has fallen about 30% from its June 19 peak as a retail-driven stock market boom fuelled by leveraged products turned in...
South Korea plans chip windfall fund to back youth, AI investmentThe proposed "Future Response Fund" would finance programmes aimed at helping young people find jobs, buy homes and start families, while...
Train to nowhere? South Korea's lonely push for peace with the NorthSouth Korea's Woljeong-ri station project symbolizes peace hopes amid complex inter-Korean relations. President Lee Jae Myung's dovish appr...
Hyundai Motor's union stages first full strike in 10 years over wage talksHyundai Motor's South Korean union began its first full strike in ten years. Workers seek a higher retirement age and job protections again...
How has the US-South Korea relationship evolved under Trump?President Trump's approach has tested the U.S.-South Korea alliance over military drills. Security commitments and troop presence remain po...
Trump's slight of South Korea in favor of the North raises broader US security concernsPresident Trump reduced joint military exercises with South Korea. This decision raises concerns about United States security interests in ...
Trump criticises South Korea, says 'declined request to help US in Iran conflict'Speaking to reporters, Trump said he called the South Korean President and asked whether he would be willing to "give us a little hand" wit...
South Korea to launch $3.5 billion chip fund, speed development of semiconductor hubsThe government will also provide a further 5 trillion won in trade finance for suppliers, Presidential Chief of Staff Kang Hoon-sik told a ...
South Korea’s Kospi tumbles 5% after 2-day rally, angry retail investors vow not to invest againSouth Korea's benchmark Kospi extended its sharp decline on Thursday as a global technology selloff dragged heavyweight chipmakers Samsung ...
South Korea to revive stalled rail project that could connect to North KoreaSouth Korea will restart a railway project connecting to North Korea's Wonsan city. This project aims to improve access to peace and ecolog...
Crushed by Kospi rout, angry Koreans vow not to buySouth Korean retail investors experienced substantial losses in July's Kospi market reversal. Many traders are now vowing to avoid the Kore...
Samsung, SK Hynix to announce major chip deals with US tech companies, Seoul saysSamsung Electronics and SK Hynix are set to announce major long-term memory chip supply deals with US technology companies during South Kor...