South Korea Financial News

Yoon Suk Yeol will appear for the first time Tuesday at the Constitutional Court, his lawyer said, for hearings that will decide whether to remove him from office.

Asian stocks advanced with US equity futures after President Donald Trump held off from imposing sweeping trade tariffs in his first day in office. Shares climbed from the open in Australia, Japan and South Korea, with the MSCI Asia Pacific Index rising as much as 0.8%. US futures extended their rally from Monday when the cash market was closed. Asian currencies strengthened as Bloomberg’s gauge of the dollar dropped for a second day. Treasuries climbed.

Asian shares are higher after U.S. stock indexes rallied to close out their best week in two months

Asian equities climbed in early Monday trading, tracking US peers following a positive conversation between Donald Trump and Chinese leader Xi Jinping ahead of the US President-elect’s inauguration. Shares in Australia, Japan and South Korea gained. A gauge of US-listed Chinese shares jumped 3.2% Friday as Trump described the talk between the two leaders as “very good.” US futures were slightly lower in Asian trading with Wall Street closed on Monday due to a holiday.

Assam Chief Minister Himanta Biswa Sarma embarked on visit of South Korea and Japan on Sunday to woo investors for Advantage Assam Summit 2.0.

China’s population has fallen for the third straight year, pointing to further demographic challenges for the world’s second most populous nation that is now facing both an aging population and an emerging shortage of working age people able to support...

GTRI) said Thursday.

In a heated Senate confirmation hearing for Pete Hegseth, Sen. Tammy Duckworth grilled the proposed defense secretary over the Association of Southeast Asian Nations, asking him if he could name one member and how many countries were in the bloc

US core inflation kept alive the prospect of Federal Reserve rate cuts this year. Benchmarks in Australia, Japan and South Korea all notched gains. The S&P 500 closed Wednesday 1.8% higher, the benchmark’s best day since the November election, which erased its 2025 decline. The tech-heavy Nasdaq 100 climbed 2.3%.

Lithium-ion batteries manufacturer the International Battery Company (IBC) is set to commence production at its 'Giga Factory Unit' in Bengaluru within nine months, Karnataka's Minister for Large and Medium Industries, M B Patil said on Wednesday. The project, with an investment of Rs 390 crore, is expected to generate 300 direct employment opportunities, he said.

Subscribe to enjoy similar stories. SEOUL: South Korean authorities arrested and detained for questioning the country's impeached president, Yoon Suk Yeol, deepening the fallout from his short-lived declaration of martial law last month. Never before has a South Korean sitting president been arrested.

Yoon Suk Yeol over his brief imposition of martial law last month. In a video message recorded before he was escorted to the headquarters of an anti-corruption agency, Yoon lamented that the «rule of law has completely collapsed in this country» but said he was complying with the detention warrant to prevent clashes between law enforcement officials and the presidential security service.

Saturday Night Live, is set to premiere on Netflix US on January 25, 2025. This release is part of a pre-existing Pay-1 agreement between Netflix and Sony Pictures.

Jeju Air flight that left 179 people dead stopped recording four minutes before the disaster, South Korea's transport ministry said Saturday. The Boeing 737-800 was flying from Thailand to Muan, South Korea, on December 29 carrying 181 passengers and crew when it belly-landed at the Muan airport and exploded in a fireball after slamming into a concrete barrier. It was the worst-ever aviation disaster on South Korean soil.

Yoon Suk Yeol's security chief resigned Friday, a week after leading a team that blocked an attempt to arrest the impeached president over his short-lived imposition of martial law. Park Chong-jun offered to resign earlier in the day as he appeared for police questioning over alleged obstruction of duties last week. His offer was accepted by Acting President Choi Sang-mok. The resignation comes as the Corruption Investigation Office for High-ranking Officials, which is leading the probe into Yoon for alleged insurrection, is mulling their next move to take Yoon in custody. Vice chief of the Presidential Security Service team will serve as an acting leader, a PSS official said. It's not immediately clear if the vice chief will cooperate with the probe team's warrant execution. The vice chief has also defied multiple police summons to appear for questioning and has received a third summons to appear before investigators on Saturday, according to Yonhap News.