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The Latest Breaking News from South Korea

Oil, AI and chips: The new resource race redrawing markets and nations

The leap to a $5 trillion valuation for Nvidia underscores a dramatic paradigm shift: semiconductors have become the driving force of global economic prowess, akin to oil in previous centuries. With nations such as Taiwan and South Korea emerging through powerhouses like TSMC and Samsung, the future prosperity relies heavily…

The Economic Times

What do South Africa, South Korea and Czech Republic need to qualify for the World Cup knockouts from Group A?

Discover all the permutations for how the teams in Group A can qualify for the knockout rounds

The Independent UK

Global Market: How SK Hynix's AI bet helped it eclipse Samsung in market value

SK Hynix’s rise to South Korea’s most valuable listed company reflects a long-term bet on HBM chips that became central to the AI boom. Backed by early investment and Nvidia demand, the company transformed from a struggling memory maker into a global semiconductor leader.

The Economic Times

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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.

Bangkok Post

Son mocked over military service and a drone shot down – will South Korea get chaotic World Cup back on track?

Hong Myung-bo’s squad has had to deal with all sorts of issues off the pitch but one point against South Africa is enough to progress

The Guardian - UK

Global Markets: MSCI keeps South Korea in emerging-market index, cites market accessibility hurdles

South Korea remains in the emerging-market category as MSCI cites persistent foreign exchange market accessibility issues. Despite ongoing reforms, including plans for round-the-clock trading, the index provider requires more time to assess their impact. While the country's benchmark KOSPI has seen remarkable gains, driven by AI-related semiconductor stocks, its market…

The Economic Times

South Africa vs. South Korea—World Cup: Preview, Predictions and Lineups

Victory for either team in Guadalupe will see them into the round of 32.

Sports Illustrated

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North Korea's Kim unveils 5,000-ton destroyer, touting nuclear capabilities

North Korea has commissioned a 5,000-ton destroyer, state media reported on Wednesday, as leader Kim Jong Un touted the warship as evidence of advancing naval nuclear capabilities and Pyongyang’s expanding ability to project military power at sea.

France 24

Global Market Today: Asia stocks rebound from tech selloff, Kospi jumps

Asian markets saw a cautious rebound Wednesday after a significant tech-led global selloff, reigniting worries about the AI rally's sustainability. South Korea's Kospi surged, led by Samsung Electronics, following a steep decline. Investors now keenly await Micron Technology's results for clues on AI infrastructure demand, with some strategists predicting further…

The Economic Times

Nasdaq Falls 579 Points on Global AI Bubble Fear: Stock Market Today

South Korea's main stock market index, heavy with chipmakers leveraged to the AI boom, met the technical definition of a correction on Tuesday.

Kiplinger

South Korea's Cosmax hosts beauty innovation day

"Bio-Architect Future: The Future Of Beauty Is Cellular Longevity" is the concept of Cosmax Innovation Day 2026, which is running daily from 9am to 4.30pm until Friday at Regus, 66 Tower, Sukhumvit Road.

Bangkok Post

‘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.

Barchart

India launches anti-dumping probe into electrical steel imports from China, 3 other nations

India has launched an anti-dumping investigation into electrical steel imports from China, Japan, Korea, and Russia. This move, prompted by a complaint from JSW JFE Electrical Steel Nashik, aims to protect domestic manufacturers from alleged cheap imports that are reportedly causing significant harm. The probe will determine if dumping has…

The Economic Times

South Korea's KOSPI Index Falls 10% Amid Signals That Tech Raly Could Be Overheated

South Korea's KOSPI index dropped 10% on Tuesday amid signals that the rally in the tech sector could have become overheated.

International Business Times

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Fortune

SK Hynix briefly tops Samsung as Korea’s most valuable company—and it’s eyeing a U.S. listing as soon as August

SK Hynix’s shares are up by almost 900% over the past 12 months, compared with almost 180% for the broader KOSPI index.

Tom’s Hardware

SK hynix passes Samsung as South Korea's most valuable company — memory company surpasses valuation milestone on the back of HBM

SK hynix overtook Samsung Electronics on Monday to become South Korea’s most valuable listed company.

The Times of India

Will Asia return to Iranian oil? Tehran races to secure largest oil importers after US waiver, says report

Iran is actively seeking new buyers for its oil in Asia, including India, Japan, and South Korea, following a temporary US sanctions waiver. This move aims to clear millions of barrels stored at sea and diversify its customer base beyond China. While some refiners are cautiously exploring opportunities, uncertainty surrounding…

The Economic Times

Why is market falling today? Weak global cues among 5 key triggers behind Rs 6 lakh crore D-St rout

Indian stock markets experienced a significant downturn on Tuesday, with the Sensex and Nifty shedding substantial investor wealth. This decline was fueled by a sharp sell-off in South Korea's Kospi index, renewed fears of US Federal Reserve rate hikes due to rising oil prices, and a resumption of selling pressure…

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The Economic Times

In South Korea, a job or partner at Samsung, SK Hynix is the new 'A+' catch

South Korean matchmaking firms say people working at the firms are now being ranked alongside doctors, lawyers and people from other traditionally elite professions as hefty bonuses linked to the global AI boom create a new class of affluent employees.

The Economic Times

North Korea's Kim vows to accelerate military buildup: KCNA

North Korean leader Kim Jong Un vowed to accelerate the country's military buildup at a party meeting, state media reported Tuesday, citing military modernisation efforts by South Korea and the United States in the region. In the face of such developments, it was the "steadfast stand" of the North to…

The Economic Times

South Korean shares fall more than 4% on profit-taking

South Korean stocks experienced a sharp decline of over 4% on Tuesday, with the KOSPI index plummeting as investors cashed in on recent gains in chipmaker shares. Major players like Samsung Electronics and SK Hynix saw significant drops. This profit-taking, particularly by foreign investors, led to a trading curb being…

The Economic Times

3 AI stocks outweigh all of India: Why this concentration is sounding EM alarm bells

Two Asian markets are heavily reliant on AI chipmakers, with TSMC, Samsung, and SK Hynix dominating emerging market indices. This concentration poses significant risk. In contrast, India's market offers diversification across sectors like BFSI, consumption, and infrastructure, presenting a potentially more resilient investment opportunity. Experts highlight India's growing AI infrastructure…

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…

Fortune

AI drug discovery firm Insilico Medicine signs deal with Korea’s SK Biopharmaceuticals worth $2.5 billion

“We want to be the SpaceX of the pharmaceutical industry,” Alex Zhavoronkov, co-CEO of Insilico Medicine, tells Fortune.

International Business Times UK

What Is SK Hynix? The Little-Known Tech Giant That Just Knocked Samsung Off Its Throne

SK Hynix has overtaken Samsung to become South Korea's most valuable company, driven by its dominance in AI memory chips, marking a huge shift in the semiconductor industry.

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