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The Latest Breaking News from South Korea

Korean chipmakers face critical trade-offs over China exports post Trump-Xi talks

Korea's chip industry faces a dilemma as US-China talks on tech exports and rare earths unfold. While potential sales in China beckon, manufacturers worry about aiding rivals' advancement, especially concerning critical EUV lithography equipment. Easing tensions could boost Korean exports, but advanced tech access remains a key concern.

The Economic Times

Global Market Today: Asian stocks rise after AI rally spurs US gauges

Asian stocks climbed, mirroring Wall Street's record highs driven by the AI trade and robust US consumer resilience. Japan, South Korea, and Australia saw gains, with the MSCI Asia Pacific Index on track for its sixth weekly rise. Nvidia's rally fueled US trading, while Brent crude edged higher and the…

The Economic Times

Depressed mice successfully treated with smart contact lenses that zap their brains – new study

Scientists in South Korea have developed experimental contact lenses designed to send electrical signals through the retina and into brain regions linked to mood. In mice, the technology appeared to improve depression-like behaviour.

The Conversation

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A-League grand final key to Melbourne City’s treble but Wellington are out to spoil party

After facing the Phoenix in the decider, the women’s premiers will jet off to Korea for their Asian Champions League semi-final

The Guardian - AU

Inside the Korean hotel training humanoid robots with cameras on workers’ hands

The project reflects South Korea’s wider ambition to turn its chip industry, manufacturing strength and industrial know-how into an edge in ‘physical AI’. But can it catch up in a field still dominated by the US and China?

Euronews

Seoul court orders North Korea's leader to pay compensation to Korean War POWs

Thursday's ruling was the third time former South Korean POWs have won damages against Kim and North Korea, according to local reports, although none has yet succeeded in collecting compensation.

Euronews

South Korea 2026 World Cup Preview: Taegeuk Warriors Leading the Asian Charge

South Korea is the most successful and consistent Asian nation in World Cup history. Can it live up to its reputation this summer?

Sports Illustrated

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AI boom puts SK Hynix on the cusp of $1 trillion market value

South Korea is at the forefront of Asia's AI boom, with SK Hynix nearing a $1 trillion market value, following Samsung Electronics' recent milestone. Driven by surging AI demand for memory chips, SK Hynix shares have seen significant growth.

The Economic Times

Business Brief (May 14): Xi, Trump Kick Off Summit in Beijing

China and the U.S. hold trade talks in South Korea, A-shares rally

Caixin Global

Samsung Electronics urges union to resume talks as strike threat looms

Samsung's labour union has rejected a call to resume pay talks, demanding transparency in the company's bonus scheme. A threatened 18-day strike looms if demands aren't met, with the government urging both sides to negotiate to protect South Korea's vital chip export economy.

The Economic Times

Johnny Somali appeal takes new turn after second petition filed against streamer

Johnny Somali faces escalating legal troubles in South Korea with a second victim petition demanding harsher punishment. Currently appealing a six-month labor sentence for deepfake charges, the streamer's situation is complicated by his lawyer reportedly withdrawing. Leaked letters from detention, where he claimed to be "having fun," have also drawn…

The Times of India

India underperformed Korea by 180 percentage points; but the worst FII selling may be over, says Vikash Kumar Jain

India's stock market has lagged behind other Asian markets. This underperformance has made Indian stocks less expensive. Investor expectations are now lower. The market is positioned for potential gains if global risks decrease. Valuations are no longer stretched. The risk and reward for investors are now more balanced than in…

The Economic Times

Samsung's critical union negotiations break down eight days before planned 18-day chip factory strike that's projected to cost $700 million per day — Korean PM calls emergency meeting as strike looms

South Korean Prime Minister Kim Min-seok responded by convening an emergency ministerial meeting.

Tom’s Hardware

South Korean official proposes 'citizen dividend' payouts from AI windfall — markets spooked by suggestion AI revenue should be redistributed to citizens

Kim Yong-beom, presidential chief of staff for policy, floated the idea of a "national dividend" in a Facebook post late Monday.

Tom’s Hardware

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The Independent UK

Body, 11, found dead in national park in South Korea

IN FULL

The Economic Times

Earn money just by walking? In this country, it's the new extra income

People in South Korea are earning small amounts of money by using a fintech app for everyday tasks. This trend highlights financial pressures faced by ordinary citizens. The app rewards users for activities like walking or simple digital interactions. This phenomenon is also seen in the US with cashback and…

The Independent UK

China and US hold last-minute trade talks to ‘sound each other out’ ahead of Trump-Xi summit

Officials from both sides meet at South Korea’s Incheon airport after separate meetings with president Lee Jae Myung

The Independent UK

Missing 11-year-old found dead near South Korean mountain peak

Child went missing from the Juwangsan National Park over weekend

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The Economic Times

US, China begin fresh trade talks in South Korea ahead of Trump’s Beijing visit

Senior officials from the US and China are holding trade talks in Seoul. This meeting precedes President Donald Trump's visit to Beijing. Discussions will cover trade items like soybeans and minerals. The ongoing conflict involving Iran is also on the agenda. Several top business leaders will accompany President Trump.

TechRadar

Chinese-born robot becomes world's first android monk as humanoid called Gabi takes vows in South Korea — three more $16,000 'spiritual cyborgs' will join it for Buddha’s birthday

South Korean monks ordained an AI powered humanoid robot, triggering debate over spirituality, suffering, and sacred religious traditions worldwide.

The Economic Times

South Korea official floats AI profit social tax as tech giants boom

A top South Korean official has proposed a tax on AI profits to be redistributed among society as a semiconductor boom drives massive earnings for tech giants Samsung Electronics and SK hynix. Kim proposed what he tentatively called a "national dividend" for socially redistributing excess corporate profits from AI technology.

The Economic Times

Samsung Electronics union threatens to walk out of pay talks if no mediation proposal

Samsung Electronics' labour union in South Korea is threatening to halt pay negotiations. The union demands a larger share of operating profit for performance bonuses. Workers are unhappy with lower bonuses compared to rival SK Hynix. This dissatisfaction grows amid Samsung's record profits driven by the AI chip boom.

MarketBeat

KT Q1 Earnings Call Highlights

KT (NYSE:KT) reported lower first-quarter earnings for fiscal 2026 as higher sales and labor costs and a year-earlier property development gain weighed on profitability, while management outlined plans to reposition the company around AI-driven “AX” services and maintain its shareholder return frame

The Economic Times

South Korea’s radical 'AI dividend' proposal: A bold future or a market nightmare?

South Korea is discussing sharing the wealth generated by artificial intelligence. A government official suggested distributing AI profits, causing a stir in the stock market. Companies like Samsung and SK Hynix are seeing huge profits from AI chips. This move highlights concerns about wealth concentration and calls for broader economic…

The Economic Times

Hedge funds record decade-high weekly buying in Korea, Japan, Taiwan equities, Morgan Stanley says

Global hedge funds significantly increased their investments in South Korea, Japan, and Taiwan last week, reaching a decade-high in stock buying. This surge, driven by AI beneficiaries and the region's dominance in the tech supply chain, saw net exposure to these markets hit its highest point since 2010.

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