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The Latest Breaking News from South Korea

South Korea to invest nearly $1.2 trillion in chips, AI data centres

SEOUL - South Korea will invest nearly US$1.2 trillion -- equivalent to more than two-thirds of its GDP -- in a new chip-building hub and AI data centres over several years, as it seeks to profit from soaring demand while developing previously neglected regions.

Bangkok Post

Global Market: South Korean shares end flat as chipmakers cut losses on 'mega project' announcement

South Korean markets saw a mixed close Monday as chipmakers recovered from initial sharp declines following a massive $576 billion AI and data centre investment announcement. While the KOSPI edged down, construction stocks soared on anticipated demand. However, concerns linger about the long-term payoff of these substantial investments, as foreigners…

The Economic Times

'One-time opportunity': South Korea bets big on AI boom

South Korea's chip industry is poised for a significant boost amidst soaring demand for AI components. Analysts highlight this as a crucial opportunity to outpace rivals like China. Massive investments in new factories and data centers are underway, driven by sky-high profits from advanced memory chip production. This boom, however,…

The Economic Times

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AI chip rally faces reality check, but bubble fears may be overdone: Adrian Mowat

South Korean chip stocks are experiencing a temporary dip, not an AI bubble burst, according to EM-Equity Strategist Adrian Mowat. He attributes the volatility to strong earnings revisions driven by tight supply and demand. The next phase requires companies to show AI-driven revenue growth and cost reductions. Indian IT firms…

The Economic Times

Asian shares are mixed as tech stocks fall in Japan and South Korea

Asian shares are mixed as tech shares fall following a rout on Friday

The Independent UK

Inside the Tiananmen Square activist’s daring escape to Canada from China by sea

Chinese dissident Dong Guangping has finally reached Canada after a perilous escape from China

The Independent UK

Market wrap: Sensex falls 372 points, Nifty closes below 23,950; Kotak Mahindra Bank drops 3%

Indian markets ended lower as Sensex and Nifty snapped a two-session winning streak, pressured by geopolitical tensions in the Middle East and broad-based selling. While pharma outperformed, auto stocks dragged. Analysts flagged near-term volatility but maintained a constructive outlook for Nifty above key support levels amid mixed global cues.

The Economic Times

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South Korean president to unveil massive AI and chip investment drive

Lee will preside over the event, framed as a national "great leap" due to be unveiled around 0500 ‌GMT, his office ⁠said, with ⁠ministries covering industry, science, climate and transport set to outline policy support.

The Economic Times

China, India see top firms lose market cap share in AI lag

Major stock markets in China, India, and Hong Kong are lagging in the global AI race, with top companies now holding a smaller market share. This contrasts with Taiwan and South Korea, where AI leaders have significantly boosted their benchmarks. While diversification can offer stability, the absence of dominant AI…

The Economic Times

The Six Biggest Disappointments of the 2026 World Cup Group Stage

Several teams failed to show up on soccer’s grandest stage.

Sports Illustrated

Korean proverb of the day: 'When whales fight, the shrimp’s back gets broken' — A brutal reminder that when giants clash, the smallest in the room suffer in silence

A centuries-old Korean proverb, "When whales fight, the shrimp's back gets broken," vividly illustrates how the powerless suffer during conflicts between the influential. This timeless wisdom, originating from oral tradition, remains strikingly relevant today, applying to everything from international relations and corporate disputes to family struggles. Its enduring power lies…

The Times of India

How this League of Legends artist crafted a hot and humid moment

Discover the work of South Korean illustrator Blake Byun.

Creative Bloq

South Korea president apologises after World Cup group-stage exit

SEOUL — South Korean President Lee Jae Myung condemned the country's premature World Cup exit on Sunday, pointing the finger at "incompetent people" and apologising to the nation.

Bangkok Post

‘I told the players they’d be exempt from military service if we reached the semi-finals. They huddled together and started crying, one by one’ How Guus Hiddink motivated South Korea’s 2002 World Cup heroes

The Dutch coach led South Korea to a World Cup semi-final in 2002

FourFourTwo

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The Times of India

400,000 dogs vanished before South Korea's meat ban. Where did hundreds of thousands of dogs go?

South Korea's impending ban on the dog meat trade leaves the fate of hundreds of thousands of dogs uncertain. While farms are closing and compensation is offered, official records show minimal adoptions or shelter transfers. Animal welfare groups suspect many dogs were slaughtered before the law takes effect, highlighting the…

The Economic Times

South Korea, Japan reaffirm denuclearisation goal, closer defence ties

South Korea and Japan are strengthening security ties, reaffirming their commitment to denuclearizing the Korean peninsula. Defence ministers agreed to revive joint search-and-rescue drills and enhance cooperation with the US against North Korea's nuclear ambitions and its growing military links with Russia. This marks a significant step in bilateral relations,…

The Economic Times

The hidden reason global capital is looking beyond India for future growth

Foreign investors are reallocating capital away from India towards markets like Taiwan and South Korea that offer stronger exposure to AI and semiconductor growth. The trend highlights India’s structural gaps in innovation, limited deep-tech opportunities in listed markets, and rising concerns over valuations amid moderating earnings and slowing capital inflows.

The Guardian - UK

Iran and South Korea miss out on World Cup last 32 in dramatic third-place race

The race for the best third-place teams went down to the wire with Iran and South Korea joining Scotland and Uruguay in missing out

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Barchart

Dear Future SK Hynix Stock Investors, Mark Your Calendars for July 10

South Korea's most valuable company is heading to Wall Street. Here's what that means for you.

FourFourTwo

‘Afterwards, the Italians trashed the entire dressing room. Chairs flew through the air. I stood at a distance, arms crossed, watching. They really needed to blow off steam’ Guus Hiddink on South Korea’s 2002 World Cup upset over Italy

South Korea’s win over Italy was one of the most controversial matches in World Cup history

Euronews

2026 FIFA World Cup: Which third-place teams will reach the knockout stage?

The eight best third-place sides are determined first by points and then by goal difference, with the final standings to be decided on Saturday night.

The Independent UK

Chinese dissident arrives in Canada after escaping by dinghy to South Korea

Dong Guangping’s arrival in Toronto marks culmination of fourth attempt to escape China

Sports Lens

World Cup 2026 R32 South Africa vs. Canada Predictions and Picks

South Africa vs. Canada at SoFi Stadium on June 28: Canada are -139 favorites but Bafana Bafana's defensive grit makes this Round of 32 clash fascinating. Our pick inside.

The Times of India

UAE expands visa-on-arrival to 6 more countries, offering eligible travellers up to 60-day stay

Indian and Filipino passport holders can now enjoy easier entry into the UAE with an expanded visa-on-arrival program. Previously requiring visas from select Western nations, eligible travelers now benefit from this facility if they hold valid visas or residency from Australia, Canada, Japan, New Zealand, Singapore, or South Korea. This…

The Economic Times

Ayodhya princess still binds UP, South Korea through shared heritage: Yogi Adityanath

Uttar Pradesh Chief Minister Yogi Adityanath emphasized the historical bond between Uttar Pradesh and South Korea, citing the legend of Princess Ratna of Ayodhya becoming Korean Queen Heo Hwang-ok. He highlighted this connection during the inauguration of an electronics manufacturing plant in Jewar. Adityanath expressed optimism that this Korean investment…

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