Tag:

South Korea

North Korea warns US-South Korea of 'terrible consequences'

North Korea issued a stark warning after the US and South Korea launched their annual joint military drills. Kim Jong Un’s sister, Kim Yo Jong, said the exercises could destabilize the Korean Peninsula and pledged to strengthen the country’s deterrence capabilities.

10 Mar 2026-17:57
South Korean won hits 17-year low against US dollar

The South Korean won fell to a 17-year low against the US dollar on Monday as rising oil prices and escalating tensions in the Middle East rattled financial markets.

09 Mar 2026-13:36
Asian markets tumble as Seoul stocks post record drop

Shares across Asian markets plunged as growing fears that an expanding war in the Middle East could trigger an oil shock, drive inflation higher and delay expected interest rate cuts.

04 Mar 2026-11:59
South Korea and Singapore launch AI, tech push at leaders’ c

South Korean President Lee Jae Myung and Singapore Prime Minister Lawrence Wong agreed to deepen cooperation in artificial intelligence, nuclear energy and advanced technologies during a summit in Singapore on Monday.

02 Mar 2026-09:10
South Korea approves Google Maps data export

South Korea has approved Google’s request to export the country’s high-precision map data to overseas servers, marking a major policy reversal after nearly two decades of resistance.

27 Feb 2026-09:50
Hyundai plans $6.3B AI, robotics expansion in South Korea

Hyundai Motor Group has signed an agreement with the South Korean government to invest approximately 9 trillion won (around $6.26 billion) in major industrial and technology projects along the country’s western coast, according to the Ministry of Land, Infrastructure and Transport.

27 Feb 2026-09:35
Kim Jong Un threatens to 'completely destroy' South Korea

North Korean leader Kim Jong Un asserted that his nuclear-armed country could "completely destroy" South Korea if its security were threatened, while reaffirming his refusal to engage with Seoul, according to state media on Thursday.

26 Feb 2026-23:49
South Korean shares hit record high on AI optimism

South Korean shares jumped more than 3 percent on Thursday to close at a new record high above the 6,300 level, as investors were encouraged by growing optimism around artificial intelligence following stronger-than-expected earnings from Nvidia.

26 Feb 2026-11:38
Asian shares surge as Nvidia eases AI concerns

Asian markets mostly advanced on Thursday after stronger-than-expected earnings from Nvidia helped calm investor concerns about the sustainability of the artificial intelligence boom, even as U.S. futures edged lower.

26 Feb 2026-11:09
South Korea fines Coupang $1.6 million

South Korea’s antitrust regulator has fined Coupang Inc 2.2 billion won (about $1.6 million) for pressuring suppliers to cut prices, shifting costs onto vendors, and delaying payments.

26 Feb 2026-10:10