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The Latest Breaking News from South Korea

Asian shares drop, with South Korea's Kospi down more than 5%

Shares have fallen in Asia, with South Korea's benchmark dropping more than 5%, after sharp declines for some big artificial intelligence-related stocks in the U.S. U.S. futures also retreated, while oil prices were little changed

The Independent UK

Nvidia CEO Jensen Huang says robotics is South Korea's next big sector, points to 'some suprises'

He was talking to reporters after arriving at Gimpo airport in ⁠South Korea ‌on a flight from ⁠Taiwan.He was talking to reporters after arriving at Gimpo airport in ⁠South Korea ‌on a flight from ⁠Taiwan.

The Economic Times

South Korea labour minister calls on tech firms to share excess AI profits with suppliers, staff

In an interview, Kim Young-hoon told Reuters that companies like Samsung Electronics that outperform profit targets should consider sharing excess gains with suppliers, subcontractors and their workers, after deducting taxes, given their contributions to corporate growth.

The Economic Times

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Global Market Today: Asian stocks slip as AI rally stalls, oil steadies

Asian stocks declined as AI shares pulled back and Middle East tensions weighed on investor sentiment. South Korean shares saw a significant drop, impacting the broader MSCI Asia Pacific Index. Meanwhile, oil prices steadied, and gold held its gains as traders awaited key US jobs data.

The Economic Times

Tishman Speyer Secures $300 Million First Close for Korea Living Venture with APG and Bouwinvest

NEW YORK, June 4, 2026 /PRNewswire/ -- Tishman Speyer today announced the first closing of its Korea Living Venture (KLV), securing $300 million in third-party equity commitments from two blue chip European pension funds for a new fund dedicated to acquiring, repositioning, and developing multifamily and accommodation properties throughout Seoul.…

AAP

'People only see K-dramas': Indian woman reveals reality of working in South Korea, says 'don't come'

An Indian woman working in South Korea shares her challenging workplace experience. She advises prospective Indian job seekers to reconsider moving to South Korea. Intense competition and fewer job opportunities make it difficult for foreigners. Many leave after one-year contracts due to a lack of job satisfaction. Long working hours…

The Economic Times

South Korea expands talent visa to scientists, professors

South Korea is rolling out a revamped Top-Tier Visa, now welcoming professors and researchers in science and technology. This move aims to draw top global talent, bolstering the nation's research prowess. Universities and institutes can sponsor eligible academics, who must demonstrate significant professional achievements. The government targets attracting 2,000 experts…

The Economic Times

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Nvidia CEO mounts charm push in South Korea with TV talk show, baseball appearances

While a celebrity in his own right, the charm push by the Taiwan-born 63-year-old highlights South Korea's critical position in the AI landscape. Samsung Electronics and SK Hynix between them make about 70% of the memory needed for AI chips like Nvidia's.

The Economic Times

South Korea’s ruling party sweeps local elections but loses key mayoral contest

Outcome complicates president Lee Jae Myung’s bid to solidify political mandate

The Independent UK

SKAI Intelligence Partners with Korea's Leading AI Institute to Advance Synthetic Data and Physical AI Research

SEOUL, South Korea, June 4, 2026 /PRNewswire/ -- SKAI Intelligence, a Physical AI company specializing in digital twins and industrial-grade synthetic data, today announced the signing of a memorandum of understanding (MOU) with the Seoul National University AI Institute (AIIS), one of Asia's leading artificial intelligence research organizations, to jointly…

AAP

MEDIPOST Secures FDA Agreement on Single Pivotal Phase 3 Study with Confirmatory Evidence BLA Filing Strategy for CARTISTEM® in the U.S.

SEOUL, South Korea, June 4, 2026 /PRNewswire/ -- MEDIPOST, a fully integrated commercial stage cell therapy biotechnology company, announced today that it has secured the FDA's agreement to conduct a single pivotal Phase 3 study for CARTISTEM® in the U.S. This milestone marks a significant step forward in MEDIPOST's mission…

AAP

Exclusive | Is the India story over for FIIs? BofA says investors don't want to miss what's next

India's global equity market capitalization ranking has dropped to seventh as foreign investors shift focus to AI opportunities in Taiwan and South Korea. Despite this, genuine excitement for India's long-term economic potential remains, with investors preparing for its eventual resurgence.

The Economic Times

South Korean adoptees sue Denmark over right to know birth families

COPENHAGEN - Eight South Korean-born adoptees are suing Denmark for its role in their illegal adoptions decades ago, demanding the state admit responsibility for covering up their origins.

Bangkok Post

North Korea unveils a new plant to produce fuel for nuclear weapons

North Korea has revealed a new facility for producing nuclear bomb fuels. Leader Kim Jong Un announced plans to significantly increase the country's nuclear arsenal. State media showed images of a large centrifuge hall, suggesting uranium enrichment. This move aligns with Kim's vows to expand the nuclear program amid perceived…

The Economic Times

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France 24

North Korea unveils nuclear fuel plant as Kim vows 'exponential' boost to deterrent

North Korea on Thursday unveiled a new facility believed to produce fuel for nuclear weapons, with leader Kim Jong Un pledging to expand the country's nuclear forces “at an exponential rate”. Photos suggested the site may be a uranium enrichment facility. Kim has repeatedly cited US-led military threats as underpinning…

Barchart

Corn Reverting from Early Gains to Midday Losses

Corn futures are falling 5 to 6 ½ vents across the front months on Wednesday. The CmdtyView national average Cash Corn price was down 6 ¼ cents at $3.98 ¼. USDA reported a private export sale of 136,000 MT of corn to South Korea this morning for 2026/27 shipment. Ahead...

Barchart

Investors Are Fleeing to South Korean and Taiwan ETFs for Diversification. If You Do That, You’re Still Just Chasing AI Chip Stocks.

Major tech companies like Taiwan Semi and Samsung dominate these single-country ETFs.

Tom’s Hardware

Korean tech workers splash cash on luxury brands after bumper bonus payouts — luxury goods sales rocket nearly 150% in Gyeonggi Province semiconductor belt

South Korean media has noted a surge in spending on luxury goods following big bonus payouts to semiconductor workers.

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The Independent UK

World Cup 2026 – Group A guide: Hosts Mexico eye deep run with wonderkid Gilberto Mora set to dazzle

Mexico, hosting for a third time, eye return to knockout stages following disappointment in Qatar

AAP

Air Liquide announces milestone investment in South Korea to support SK hynix's advanced AI memory chip project

PARIS and SEOUL, South Korea, June 3, 2026 /PRNewswire/ -- Air Liquide has signed a major long-term contract with SK hynix, a global leader in memory semiconductors. The Group will bring its pioneering solutions to SK hynix's massive industrial project dedicated to advanced packaging of HBM (High-Bandwidth Memory), the backbone…

The Economic Times

AI investment boom reshaping global capital flows, leaving India temporarily on the sidelines: Jonathan Garner

Foreign investors are shifting capital from India to North Asian markets like South Korea and Taiwan, driven by the AI investment boom and extraordinary earnings growth. While India's long-term growth remains strong with healthy earnings, the current global focus is on AI-driven capital expenditure, impacting investment flows.

The Guardian - AU

Chip, chip ... boom? South Korea tech makers join the trillion-dollar club but some fear a short-circuit looms

South Korea’s Kospi stock market has hit record highs thanks to AI, but experts urge caution over boom-bust cycles and a heavy reliance on two chipmakers

The Independent UK

A wall of nametags at a South Korean park testifies to adoptees’ longing for their birth mothers

Dozens of people adopted abroad fastened ceramic nametags recently on a cobblestone wall at a park on a former U.S. military base in Paju, South Korea

Bangkok Post

The economic windfall of AI chips

Investors are piling into South Korea and Taiwan for semiconductor stocks, but the AI boom isn't just fattening profits at North Asia's chip champions. It is powering a broader economic resurgence, driven by stronger household consumption, rising investment and widening tax coffers.

The Economic Times

Samsung minority union challenges bonus deal in court

A labour union representing several thousand Samsung Electronics employees asked a court on Tuesday to nullify a bonus agreement between the South Korean tech giant and its largest union. The Samsung agreement has fuelled labour demands across South Korea, with workers in sectors ranging from biotech and autos to shipbuilding…

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