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The Latest Breaking News from South Korea

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…

The Economic Times

In Face of Activist Investment, A Preference for Chairman Choi's Good Governance and Leadership Maturity Wins at Korea Zinc

The Republic of Korea's corporate governance landscape is undergoing one of the most significant transformations the country has witnessed in decades, aimed at protecting shareholder interests, boosting management accountability, and increasing transparency requirements.

International Business Times

South Korea, Taiwan leapfrog India, but the race was lost decades ago

South Korea and Taiwan have surged ahead of India in global stock markets, driven by AI-powered semiconductor booms. Their success stems from decades of strategic state investment and industrial policy, creating market leaders like Samsung, SK Hynix, and TSMC. India, despite recent efforts, faces a long road to catch up…

The Economic Times

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Explained: Why Indian stock market has fallen prey to South Korea, Taiwan’s AI prowess

South Korea's stock market has surged past India's, becoming the world's sixth-largest, driven by its semiconductor giants' AI boom. India faces headwinds from a weakening rupee and lack of AI exposure. Despite current challenges, Morgan Stanley remains optimistic about India's long-term growth prospects, citing improving earnings and macro support.

The Economic Times

Pay workers ‘as much as possible’, Nvidia chief says

TAIPEI - Companies should pay workers “as much as possible”, Nvidia chief executive Jensen Huang said on Tuesday ahead of a trip to South Korea, where Samsung Electronics recently averted a strike by making an agreement on huge profit-based bonuses with its union.

Bangkok Post

Global Markets: South Korean shares post record-high close as Nvidia hopes lift tech stocks

South Korean stocks hit a record high Tuesday, driven by tech giants like Samsung Electronics and Naver, fueled by hopes of AI collaboration with Nvidia. Despite a volatile trading session, the KOSPI closed higher. Meanwhile, consumer inflation surged to a two-year peak, potentially prompting monetary tightening. Foreign investors continued their…

The Economic Times

South Korean tech stocks swing as Nvidia robotics push sparks sector rotation

South Korean technology stocks experienced significant fluctuations. Investors shifted focus towards companies poised to benefit from Nvidia's growing interest in robotics and physical AI. Other stocks saw profit-taking after a strong rally linked to the US chipmaker. Jensen Huang's comments in Taipei fueled optimism for robotics firms. Future meetings in…

The Economic Times

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South Korea overtakes India as world’s sixth-largest stock market

South Korea's stock market has now surpassed India's, becoming the world's sixth largest. This significant shift is largely due to the booming performance of its chip giants, Samsung Electronics and SK Hynix, which are central to the global artificial intelligence boom.

The Economic Times

Captain Kushwaha scores twice as India beat Korea 4-1 in U-18 Asia Cup

India's U-18 men's hockey team secured a commanding 4-1 victory over Korea in the U-18 Asia Cup. Captain Ketan Kushwaha scored twice, with Varinder Singh and Shahrukh Ali also finding the net. This win places India level on points with Korea and Japan in Pool A. India's next match is…

The Economic Times

Hyundai Motor Debuts "Next Starts Now" Global Campaign Film for FIFA World Cup 2026™

SEOUL, South Korea, June 1, 2026 /PRNewswire/ -- Hyundai Motor Company today unveiled its FIFA World Cup 2026™ global campaign film "Next Starts Now". The 60-second cinematic brand film features next-generation football (soccer) talents alongside Son Heung-min and Boston Dynamics' Atlas® robot.

AAP

KorinMi raises Rs 10 crore from Lotus Herbals to bring Korean skin treatment to India

Founded in 2024, KorinMi is a Korean beauty clinic that started with skin treatments and has now expanded to direct-to-consumer (D2C) products. Korean beauty or K-beauty is an umbrella term for skincare, makeup and treatment that originated in South Korea and focuses on long-term skin health rather than short-term fixes.

The Economic Times

South Korea launches new team to protect foreign workers' rights

South Korea's Ministry of Justice has launched a new team within the Korea Immigration Service to protect foreign workers' rights and prevent human rights abuses. This initiative includes education, counseling, investigations, and victim assistance, responding to recent incidents of violence against migrant employees. The government also plans an integrated support…

The Economic Times

Explosion and fire at defense company in South Korea kills 5

An explosion and fire has occurred at a defense company in South Korea, killing five people and injuring two others

The Independent UK

Explosion at Hanwha Aerospace plant, 5 killed and 2 injured

Five people were killed and two people are injured in a explosion at Hanwha Aerospace plant the defence company, in the city of Daejeon in South Korea, officials have said.

The Times of India

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The Guardian - UK

Wildfires devastating richer areas but fewer hectares burned globally – study

‘Megafires’ in California, Canada, South Korea and Europe in 2025, but changes to farming slowed spread in parts of Africa

AAP

Japan, South Korea stocks hit more records, as oil gains on Iran war ending fragility

Oil prices have gained and stock markets in Japan and South Korea have hit fresh record highs on enthusiasm over the artificial intelligence boom, as investors await a decision on the ceasefire extension of the Iran war

The Independent UK

Oil prices jump as US and Iran exchange fresh strikes and ceasefire talks remain in balance

Brent crude, the international benchmark, rose 2.4 per cent to $93.33 a barrel in early trading

The Economic Times

Asia's factory output expands as firms stockpile buffers over Iran war risks

Asian factories saw steady growth in May. Companies built up stocks to counter potential supply disruptions from the Middle East conflict. China's manufacturing expanded for the sixth month, while South Korea's activity reached a five-year high. Japan also reported expansion despite rising input costs. This regional push highlights efforts to…

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The Economic Times

South Korean shares hit record high on export surge, Nvidia optimism

South Korean stocks surged to record highs on Monday. Strong chip exports fueled the rally, boosted by hopes of AI collaborations with Nvidia. Major tech firms like Samsung Electronics saw significant gains. The won weakened against the dollar. Bond yields remained steady. This performance highlights the robust growth in South…

The Economic Times

Samsung, LG shares rally ahead of Nvidia CEO meetings with Korean executives

South Korean tech giants Samsung Electronics and LG Electronics saw their shares surge on Monday. Hopes for AI and robotics collaborations with Nvidia CEO Jensen Huang fueled the rally. South Korea's semiconductor exports also hit a record high in June, driven by the AI boom. Huang's upcoming visit to meet…

Golf Monthly

Bryson DeChambeau Reveals He Turned To AI Before LIV Golf Korea Resurgence

The Crushers GC captain recovered from a disappointing Saturday to finish third at Asiad Country Club

AAP

Niemann wins LIV Korea play-off as Smith falters

Cameron Smith's challenge to win the LIV Golf Korea title ended in disappointment as Chilean Joaquin Niemann sealed victory over Talor Gooch

Sports Illustrated

Bryson DeChambeau Turns to AI to Help Fix Swing at LIV Golf Korea

DeChambeau fell one stroke short of a playoff after “talking to [Google] Gemini” and trying to figure out why he couldn't get the club to turn over.

Golf Monthly

Joaquin Niemann Secures Eighth LIV Golf Title In Korea Playoff Against Talor Gooch

The Torque GC captain beat Talor Gooch in a playoff to claim his eighth LIV Golf title and first of the season

The Guardian - UK

10 Korean dishes to savour now – from fried chicken to kimchi dumplings and stuffed pancakes

The cuisine is booming in the UK, with more places than ever to try bibimbap, bulgogi or tteokbokki. Here’s what to eat – and where to find it

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