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SOUTH KOREAN DEFENCE MINISTRY
Iran insists on right to control shipping in Strait of Hormuz after ship hit near OmanIran asserted its authority over the Strait of Hormuz, warning Gulf states against aligning with the U.S. This comes after an attack on a s...- South Korean stocks in tailspin as Kospi crashes 8%, head for worst week since MarchSouth Korean stocks experienced a dramatic plunge, exceeding 8% and triggering a trading halt. This sharp decline was primarily driven by a...
- Global Market: South Korea to extend won trading to 24 hours in bid to boost global appealSouth Korea will launch 24-hour trading in the won from July 6 to boost global investor access and improve market appeal. The reform is exp...
- EAM Jaishankar calls for closer cooperation with South Korea at Jeju ForumIndia and South Korea must deepen cooperation in shipbuilding, health, infrastructure, and defence, External Affairs Minister S Jaishankar ...
- US defence firm Anduril in talks for Nissan plant to build drones in Japan, sources sayUS defense firm Anduril Industries is reportedly in talks to acquire Nissan's Oppama assembly plant near Tokyo, aiming to produce military ...
- Foreign inflows in Asian bonds surge to three-month high in MayIn May, Asian bonds observed a significant surge in foreign investments, marking the highest inflows in three months. This trend was fueled...
- Global Markets | European shares hold flat on US-Iran talks; Rheinmetall slidesEuropean markets saw a flat opening as investors weighed U.S.-Iran talks. Defence giant Rheinmetall plunged on reports of Germany scrapping...
- Hyundai Motor's South Korean union approves strike action over stalled wage talksHyundai Motor's South Korean union members have voted to authorize a strike, signaling potential production halts. This action stems from u...
- Jaishankar, South Korean FM discuss deepening strategic partnership in SeoulIndia's External Affairs Minister S Jaishankar met his South Korean counterpart Cho Hyun in Seoul to bolster bilateral ties, with discussio...
- Korea's AI crackdown may trigger healthy correction, India could benefit: Rahul ChadhaSouth Korean regulatory actions are prompting a reassessment of AI semiconductor valuations, though experts see this as a healthy correctio...
- Global Markets: MSCI keeps South Korea in emerging-market index, cites market accessibility hurdlesSouth Korea remains in the emerging-market category as MSCI cites persistent foreign exchange market accessibility issues. Despite ongoing ...
- UN starts evacuation of 11,000 seafarers stranded in Strait of Hormuz after ceasefireA major evacuation plan is now underway for over 11,000 seafarers aboard hundreds of ships stranded in the Gulf. Following a ceasefire deal...
- AI crash coming closer? South Korea’s Kospi plunges 10%, triggers trading haltSouth Korean stocks experienced a sharp decline, with the Kospi index plummeting nearly 10% from its record high. Chip giants SK Hynix and ...
- In South Korea, a job or partner at Samsung, SK Hynix is the new 'A+' catchSouth Korean matchmaking firms say people working at the firms are now being ranked alongside doctors, lawyers and people from other tradit...
- North Korea's Kim vows to accelerate military buildup: KCNANorth Korean leader Kim Jong Un vowed to accelerate the country's military buildup at a party meeting, state media reported Tuesday, citing...
- South Korean shares fall more than 4% on profit-takingSouth Korean stocks experienced a sharp decline of over 4% on Tuesday, with the KOSPI index plummeting as investors cashed in on recent gai...
- SK Hynix dethrones Samsung Electronics as South Korea's most valuable companySouth Korean chipmaker SK Hynix has briefly surpassed Samsung Electronics to become the nation's most valuable company. This surge, driven ...
- India, South Korea discuss cooperation in digital governance, citizen-centric service deliveryIndia and South Korea are exploring enhanced cooperation in digital governance, e-government, and citizen-centric service delivery. Discuss...
- South Korean leader books golf with Trump after 'pinky promise'South Korean President Lee Jae Myung anticipates a golf game with Donald Trump. The US president made a pledge for a round of golf during G...
- Starbucks Korea to shut 2,000 stores to teach history lessons to employeesStarbucks Korea is closing over 2,000 stores for mandatory history and social sensitivity training after a marketing campaign sparked outra...
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