South Korea is extending trading hours on its main stock exchange, breaking with established norms across major Asian markets as it seeks to attract sustained participation from global investors and move towards
A county mayor in South Korea has sparked widespread controversy after suggesting that women from Sri Lanka and Vietnam be “imported” as brides to address population decline in rural areas, prompting criticism
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President Donald Trump said on Monday that the United States would raise tariffs on a range of South Korean imports to 25%, escalating trade tensions with a key Asian ally as he
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South Korean e-commerce giant Coupang announced on Monday a compensation package worth 1.69 trillion won, or about $1.18 billion, for users affected by a major data breach, according to Reuters. The plan
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Hyundai Motor is not in a position to repurchase its former manufacturing plant in Russia as the deadline for a buyback option approaches, a source familiar with the matter told Reuters. The
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Hackers in South Korea have infiltrated tens of thousands of internet-connected home cameras, stealing intimate footage and selling it to Chinese pornography websites, according to detailed reporting by the Times UK. The
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South Korean police have charged four individuals in connection with a large-scale hacking operation that targeted tens of thousands of private surveillance cameras in homes and businesses, stealing sexually exploitative footage. Authorities
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South Korea is considering updating its espionage law amid growing concerns about Chinese spies targeting military secrets. Justice Minister Jung Sung-ho recently met with Kim Byung-kee, floor leader of the ruling Democratic
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Leading South Korean companies Samsung Electronics, Hyundai Motor Group, and LG Group have committed to invest a combined $464 billion in the country over the next five years, following a high-profile meeting
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South Korean President Lee Jae Myung has placed artificial intelligence at the center of his administration’s economic vision, pledging to transform industries, public services, and national defense through aggressive AI investment and
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South Korea and the United States are prioritizing the design and structure of Seoul’s $350 billion investment pledge over the idea of a currency swap, Finance Minister Koo Yun Cheol said in
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South Korea is considering moving forward with a new security agreement with the United States before concluding stalled trade negotiations, the country’s foreign minister told reporters, Bloomberg reports. Foreign Minister Cho Hyun
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South Korean government announced on Monday that it will waive visa requirements for Chinese tour groups for the first time in eight years. The waiver applies to groups of three or more
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K-pop icon Psy, best known for his global smash hit Gangnam Style, has been arrested on suspicion of illegally obtaining prescription medication, according to South Korean authorities. The 47-year-old rapper, whose real
More South Korea is planning to triple its artificial intelligence (AI) budget next year to over 10 trillion won ($7.2 billion), as President Lee Jae Myung’s government seeks to accelerate AI adoption across
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On the shores of Geoje, South Korea, Hanwha Ocean Co.’s vast shipyard is bustling with activity as sparks fly from welding torches and giant steel blocks await assembly into tankers, LNG carriers,
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