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SOUTH KOREA BUDGET 2027
Global Market: KOSPI gains as AI-driven chip demand lifts South Korean exportSouth Korean shares gained on Tuesday, with the KOSPI rising 0.33%, as stronger-than-expected exports and robust semiconductor demand linke...
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...
North Korea says hostile US policy unchanged, vows to strengthen nuclear forceNorth Korea rejected US calls for denuclearisation, accusing Washington of maintaining a hostile policy through human rights criticism, mil...
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...
Budget 2027: Finance Ministry sets October 12 for pre-Budget meetings, seeks spending and revenue plansAs the 2027-28 Union Budget approaches, central ministries are tasked with crafting practical fiscal estimates. The Finance Ministry emphas...
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...
US, South Korea and Japan to hold trilateral drill as North Korea ramps up pressure on USSouth Korea, the U.S., and Japan will conduct a joint military drill next month. This exercise aims to counter North Korean nuclear and mis...
India drawn with Malaysia, Palestine, Singapore, Guam in AFC U17 Asian Cup 2027 QualifiersIndia will compete in Group E of the AFC U-17 men's Asian Cup Qualifiers. The team faces Malaysia, Palestine, Singapore, and Guam in the up...
South Korea media commission says Meta's youth protection changes should apply globallyThe Korea Media and Communications Commission (KMCC) said in a statement to Reuters that social media providers needed to take greater res...
Delivery Hero lifts 2026 outlook on strong growth amid Uber takeover bidIts gross merchandise value, total value of all goods sold through the marketplace, is now expected to grow 9% to 11% this year, compared ...
Global Market: Bank of Korea hikes rates again to 3% as growth, inflation stay firmSouth Korea’s central bank raised its benchmark interest rate by 25 basis points to 3% for a second straight meeting, citing stronger-than-...
India equity outlook cut again as foreign funds seek value elsewhere in AsiaForecasts suggest that by mid-2027, Indian equity markets may be trading lower compared to the beginning of 2026. This trend is driven by f...
'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...
In 1953, South Korea emerged from war with 60–70% living in extreme poverty. 71 years later, life expectancy reached 83.7 years with highest education levels anywhere in the planetSouth Korea transformed from extreme poverty after the war to a highly educated nation. Life expectancy significantly increased, reaching a...
AI is keeping Asia afloat as inflation weighs it down: Moody’s AnalyticsIn the Asia-Pacific landscape, economies are diverging with AI-driven export demand providing a silver lining. Nonetheless, domestic consum...
- Samsung, SK Hynix stand to benefit as Nvidia AI server costs surge
Server manufacturers notified major data center customers, including Microsoft, Google, and Oracle, that prices for Nvidia-based AI systems...
Explained: Why Samsung shares tanked 8% while rival SK Hynix traded higher on MondaySamsung Electronics shares fell 8% after its record $79 billion shareholder-return plan disappointed investors. The company plans to return...
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...
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...
Kakao to spin off chat app-based platform business into KakaoAI, relist in 2027The company expects the new entity to relist on the Korea Exchange on January 27, 2027, following a planned January 1 split.