South Korea’s alliance with the United States is facing one of its most difficult periods in years, with disputes over intelligence sharing, investment commitments and military cooperation increasingly affecting the security relationship
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
MoreSouth 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
MoreSouth 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
MoreSouth 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
MoreSouth 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
MoreK-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
MoreSouth 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
MoreOn 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,
MoreNorth Korea has dismissed attempts by South Korea’s new government to reduce tensions along the heavily fortified border as a “pipe dream,” insisting it has not removed propaganda loudspeakers from the Demilitarized
MoreA relatively unknown South Korean artificial intelligence start-up, Upstage, is making waves in the global AI race by developing a large language model (LLM) that rivals advanced systems from the United States
MoreSouth Korea’s central bank is at odds with lawmakers over how to regulate one of the world’s largest cryptocurrency markets, amid growing concerns that surging demand for stablecoins is driving capital outflows.
MoreSamsung Electronics has stunned investors with a forecast of a 56% drop in second-quarter operating profit, as ongoing U.S. export restrictions on China and setbacks in supplying advanced AI memory chips to
MoreNearly three months after her dramatic departure from the presidential residence, South Korea’s former First Lady Kim Keon-hee is now at the center of a growing corruption scandal that threatens to further
MoreThe UN Population Fund’s (UNFPA) latest 2025 report, “The Real Fertility Crisis,” points to a bigger problem behind South Korea’s extremely low birth rate. A total of 14,000 adults in 14 countries
MoreLee Jae-myung of the Democratic Party of Korea is set to become South Korea’s next president, according to exit polls and partial vote counts reported by the Korean Herald. His victory brings
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