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Samsung expects 1,800% operating profit leap on AI boom

SEOUL - South Korean technology giant Samsung Electronics forecast Tuesday a massive 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained AI-driven demand for memory chips.

Bangkok Post

Global Market: South Korea launches 24-hour onshore dollar-won trading to boost global market appeal

South Korea has launched a 24-hour onshore dollar-won trading system, a significant move to boost currency accessibility and global appeal. This extended trading window aims to attract foreign investors and improve market liquidity, aligning with Seoul's ambition for developed market status in global indices. The reform is expected to enhance…

The Economic Times

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

The Guardian - AU

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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

The Independent UK

South Korean fans boo World Cup squad arriving home after early exit

Crowds booed South Korea’s World Cup team as they returned to Seoul on Tuesday (30 June) following their early exit from the tournament.

The Independent UK

Korea taps Samsung, SK Hynix in $576 billion AI-chip drive to cement global leadership

The plan, anchored by Samsung Electronics and SK Hynix, marks Lee's boldest push yet to align South Korea's AI and chip ambitions with his pledge to narrow domestic regional disparities and revive economies beyond the Seoul metropolitan area.

The Economic Times

South Korea announces $1 trillion semiconductor and AI ‘megaprojects’ plan

Samsung stocks drop by four per cent despite major AI and semiconductor investment

The Independent UK

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South Korea to invest nearly $1.2 trillion in chips, AI data centres

SEOUL - South Korea will invest nearly US$1.2 trillion -- equivalent to more than two-thirds of its GDP -- in a new chip-building hub and AI data centres over several years, as it seeks to profit from soaring demand while developing previously neglected regions.

Bangkok Post

South Korea president apologises after World Cup group-stage exit

SEOUL — South Korean President Lee Jae Myung condemned the country's premature World Cup exit on Sunday, pointing the finger at "incompetent people" and apologising to the nation.

Bangkok Post

South Korea, Japan reaffirm denuclearisation goal, closer defence ties

South Korea and Japan are strengthening security ties, reaffirming their commitment to denuclearizing the Korean peninsula. Defence ministers agreed to revive joint search-and-rescue drills and enhance cooperation with the US against North Korea's nuclear ambitions and its growing military links with Russia. This marks a significant step in bilateral relations,…

The Economic Times

South Korea scrambles fighter jets as Chinese, Russian warplanes enter air defence zone

South Korea deployed fighter jets on Saturday after over 10 Chinese and Russian military aircraft entered its air defence identification zone (ADIZ), prompting the military to take precautionary measures amid heightened regional tensions, Seoul said.

The Times of India

Samsung Eyes $648 Billion Mega Investment to Supercharge South Korea's AI and Chip Ambitions

Samsung plans to invest 1,000 trillion won in South Korea over the next decade, focusing on AI and semiconductor manufacturing, aiming to boost regional development beyond Seoul.

International Business Times UK

South Korea’s former first lady sent to prison for taking luxury gifts as bribes

Seoul court says Kim Keon Hee ‘received without any hesitation those bribes which ordinary people would hardly encounter during their lives’

The Independent UK

Former South Korean first lady given 7-year jail term for bribery

SEOUL - South Korea's former first lady Kim Keon Hee was sentenced on Friday to seven years in jail ⁠for receiving bribes, after a court found her guilty of accepting luxury items such as jewellery and a Dior handbag in exchange for political favours.

Bangkok Post

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The Guardian - AU

South Korea to train half a million military personnel to become ‘drone warriors’

All branches of the military will be taught how to use technology that has become a ‘game changer on the battlefield’, says defence minister

Bangkok Post

Hyundai Motor workers back strike for big bonuses

SEOUL - Workers at the South Korean automaker Hyundai Motor have voted to approve strike action after wage talks stalled, as employees in multiple sectors press for better labour conditions.

The Economic Times

Jaishankar, South Korean FM discuss deepening strategic partnership in Seoul

India's External Affairs Minister S Jaishankar met his South Korean counterpart Cho Hyun in Seoul to bolster bilateral ties, with discussions focusing on trade, investment, finance and cooperation across various sectors including defence, technology and clean energy.

Bangkok Post

South Korea's military says detains North Korean soldier near border

SEOUL — South Korea's military detained ⁠a North Korean soldier near ‌the central section of the inter-Korean border ⁠on Tuesday night, Seoul's Joint Chiefs of Staff (JCS) said on Wednesday.

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Barchart

‘Black Tuesday’ in South Korea Is a Geopolitical Warning for an Overheated Wall Street

The dramatic 10% collapse of South Korea’s Kospi Index and the resulting slide on Wall Street cannot be understood through overvalued AI charts alone. Here's what's actually going on.

AAP

CPHI/ Hi Korea 2026 Opens Pre-Registration: Korea's Hub for Pharma, Biopharma, and Health Innovation

SEOUL, South Korea, June 23, 2026 /PRNewswire/ -- Informa Markets Korea has officially opened pre-registration for CPHI/ Hi Korea 2026, taking place at COEX, Seoul, from August 25 to 27. Pre-registered visitors enjoy complimentary entries. This year marks the largest edition to date, expanding across COEX Halls C, E and…

AAP

MediThinQ and Synovis Micro Companies Alliance, Inc. Announce Strategic Global Distribution Agreement to Redefine Microsurgery with the SHIYA 3D Visualization Platform

SEOUL, South Korea, June 18, 2026 /PRNewswire/ -- MediThinQ, a South Korea-based innovator in surgical visualization technologies, has entered into an exclusive multi-year distribution agreement with Synovis Micro Companies Alliance, Inc. ("Synovis MCA"), a subsidiary of Baxter International Inc. (NYSE:BAX) and trusted leader in microsurgical devices and solutions, to commercialize…

AAP

Hyundai Card Reopens Korea's Kimchi Bond Market, Expands Funding Portfolio with Dual-Currency USD-CNY Issuance

SEOUL, South Korea, June 18, 2026 /PRNewswire/ -- As financial market volatility continues to rise, Korean credit card companies are rethinking how to raise funds. Unlike banks, specialty finance companies in Korea do not take deposits and have traditionally relied heavily on bond issuance for funding. But with interest rate…

AAP

PROCOMER: Costa Rica strengthens its focus on Asia with value-added food products in South Korea

SEOUL, South Korea, June 18, 2026 /PRNewswire/ -- Costa Rica continues to strengthen its presence in Asia and expand opportunities for its export sector in high-value markets. From June 9 to 12, four Costa Rican companies participated in Seoul Food & Hotel 2026, one of Asia's leading trade platforms for…

The Independent UK

Is this the most stylish place to stay in Seoul?

HOTELS: A Better Place in Sindang is one of the city’s newest hotels – and by far one of its most design-forward, says Hayley Spencer

Euronews

Humanoid robots join models at fashion show in Seoul

Humanoid robots wearing designer outfits shared the runway with human models at a futuristic fashion show in Seoul, highlighting advances in robotics and AI.

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