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SOUTH KOREA NEWS TODAY
South Korean shares rebound 6% but face second weekly lossSouth Korean equities rebounded sharply on Friday, with the Kospi jumping nearly 6%, led by strong gains in heavyweight stocks like Samsung...- 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 monthsIn January 1998, millions of ordinary South Koreans voluntarily donated gold, including wedding rings and baby bracelets, to help their nat...
- Why South Korea's World Cup exit has become a national political controversySouth Korea's World Cup exit has ignited a national outcry, prompting presidential calls for an investigation and the coach's resignation. ...
- Samsung, SK Hynix shares crash up to 14% as Kospi’s massive bloodbath enters day 2Samsung Electronics and SK Hynix shares plunged as much as 14% as South Korea’s Kospi extended its sharp selloff for a second day. The decl...
- South Korea's Kospi plunges 8%, extending a two-day slide. What's unsettling the world's hottest market?South Korean stocks experienced a sharp two-day decline, with the KOSPI index plummeting over 10%. This downturn was fueled by concerns ove...
- Seoul stocks plunge 8% as Samsung, SK hynix shares tumbleSouth Korean stocks plunged nearly eight percent at close Thursday as tech giants Samsung and SK hynix tumbled on fears of slowing AI chip ...
- Samsung to invest $90 billion in South Korea's Chungcheong provinceSamsung Group is set to inject a massive 140 trillion won ($90 billion) into South Korea's central Chungcheong province. This significant i...
- Global Market: Samsung, SK Hynix double down on AI chip boom with massive investment push despite oversupply risksSouth Korean chip giants Samsung and SK Hynix are investing trillions to boost memory chip production, fueled by soaring AI demand. This am...
- World's three largest memory chipmakers sued in US over DRAM supply shift to AI memoryA class-action lawsuit has been filed in the US against Samsung, SK hynix, and Micron, accusing them of restricting traditional DRAM supply...
- US stocks may be headed for a sharp correction, warns Andrew Freris amid AI spending boomMarket strategist Andrew Freris warns Wall Street's rally is built on shaky ground, citing weak earnings and excessive AI enthusiasm. He ad...
- Key facts on South Korea's three chip and AI 'mega projects'Below is a summary of the investments and targets announced at the event and in corporate and government statements.
- 'One-time opportunity': South Korea bets big on AI boomSouth Korea's chip industry is poised for a significant boost amidst soaring demand for AI components. Analysts highlight this as a crucial...
- South Korea, Japan reaffirm denuclearisation goal, closer defence tiesSouth Korea and Japan are strengthening security ties, reaffirming their commitment to denuclearizing the Korean peninsula. Defence ministe...
- Ayodhya princess still binds UP, South Korea through shared heritage: Yogi AdityanathUttar Pradesh Chief Minister Yogi Adityanath emphasized the historical bond between Uttar Pradesh and South Korea, citing the legend of Pri...
- South Korea court gives ex-First Lady Kim Keon Hee seven-year jail term for briberySouth Korea's former First Lady Kim Keon Hee has been sentenced to seven years in prison for accepting bribes, including luxury jewellery, ...
- 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...
- South Korea's Kospi surges 6% as chip stocks rebound. Here are two major triggersSouth Korea’s KOSPI surged as much as 6% to an intraday high of 8,982, extending gains for a second straight session and recovering sharply...
- FIFA 2026: South Africa stun South Korea to make World Cup historySouth Africa achieved a historic World Cup knockout stage berth, stunning South Korea 1-0. Despite an initial setback, the Bafana Bafana se...
- 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...
- 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 ...
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