South Korea Financial News

Henley Passport Index of the year 2025 has crowned Singapore as the most powerful passport of the world while granting its citizens visa free access to 195 out of 227 global destinations, reported CNBC Travel. This achievement actually marks a pretty significant milestone in global mobility while demonstrating the diplomatic and international standing of Singapore. According to CNBC Travel, Japan actually closely follows in second place with 193 visa free destinations while Finland, France, Germany, Italy, South Korea and Spain share third place together whereas each country is offering access to 192 destinations. The rankings actually highlight the continued dominance of Asian and European nations in international travel freedom. The United Arab Emirates emerged as a notable climber while rising 32 places to enter the top 10 with access to 185 destinations, asserted CNBC Travel. At the same time, on the other hand, the US eventually experienced a significant decline while dropping seven places to ninth position.

Newron Pharmaceuticals S.p.A. and Myung In Pharm Co. Ltd. on Friday announced that they have entered into a license agreement to develop, manufacture and commercialize Newron’s innovative modulator of the excessive release of glutamate, evenamide, an add-on therapy for treatment-resistant schizophrenia (TRS) and poorly responding patients with schizophrenia, in South Korea.

Federal Reserve interest rates. Shares in Australia and Japan fell, while those in South Korea were little changed. Contracts for the S&P 500 dropped for a second day after US trading was closed on Thursday to observe a national day of mourning for former President Jimmy Carter.

Gold gave back a little more of its year-to-date gains in December, finishing down 1% on the month, but up 26% on the year.

ICEA)'s TruthTell Hackathon is a collaborative initiative with the Ministry of Information & Broadcasting catering to real time misinformation detection in live broadcasts. It aims to bring together top talent in artificial intelligence, machine learning, and natural language processing to develop real-time tools for detecting and flagging misinformation.

Asian markets are mostly lower after shares slumped on Wall Street despite better-than-expected reports on the U.S. jobs market and business activity

Netflix’s Squid Game stands as the platform’s most-watched series, generating a staggering $900 million empire. However, its creator, Hwang Dong-hyuk, endured over a decade of rejection and financial hardship before the show’s groundbreaking success. At one point, Hwang even sold his $675 laptop to make ends meet, highlighting the sacrifices behind his vision.

Pacific rivals, state media reported Tuesday, as Washington's top diplomat visited the region.

Mayank Kumar, cofounder of edtech company Upgrad and Ayush Mathur, formerly president, Europe at hospitality and traveltech firm OYO have come together as cofounders to launch BorderPlus, a talent mobility platform dedicated to connecting blue-collar workers with global opportunities.

Subscribe to enjoy similar stories. When Jeju Air Flight 2216 crash-landed at a South Korean airport, skidded into an embankment beyond the runway and burst into flames, it seemed impossible that any of its 181 occupants could have survived. Miraculously, two did—but how? Investigators assessing the survivability of a plane crash focus on five factors: integrity of the aircraft, effectiveness of safety restraints, G-forces experienced by passengers and crew, the environment inside the aircraft and postcrash factors such as fire or smoke.

Pony.ai Inc is seeking to launch its robotaxi services in Hong Kong, joining Baidu in a race to provide services in the city, as the autonomous driving firm looks to expand its operations globally.

BEIJING — Chinese robot vacuum cleaner company Roborock revealed a new model on Monday that comes with a folding arm for removing socks and other obstacles — a feature powered by artificial intelligence.

Piyush Goyal will also interact with these commercial representatives on January 6.

Anupam Mittal, Shark Tank India judge and founder of People Group, welcomed the New Year with a sharp dose of sarcasm, blending humor with commentary on the hotly debated topic of a 70-hour work week. Taking to X (formerly Twitter), Mittal cheekily addressed the ongoing discussion, writing, “All those worried about 70-hour work weeks, relax!” He further added a futuristic twist, saying, “AI gonna take our jobs so we will have all the time to chill in 2025,” pairing his unconventional message with a Happy New Year greeting.

Subscribe to enjoy similar stories. The Korean beauty industry is trying to expand its presence in India, with a steady rise in brand launches and product offerings to meet the demands of the country's shoppers who are fans of K-beauty. The latest name entering the market is Neaf Neaf, a skincare brand by South Korean entrepreneur and influencer Jeong Ji-woo.

Subscribe to enjoy similar stories. SEOUL—South Korean investigators failed to arrest the country’s impeached President Yoon Suk Yeol, thwarted by his armed Secret Service bodyguards in another tense showdown resulting from his short-lived martial-law decree last month. Yoon, who is being investigated for insurrection among other charges, has refused three summonses to appear for questioning.

Wall Street that dragged US stocks lower for a fifth day, underscoring a cautious start to the year. Shares in Australia and South Korea edged higher, as did US equity futures, after the S&P 500 and Nasdaq 100 both fell on Thursday. Equity trading in Japan is closed for a holiday.

South Korean cryptocurrency mogul Do Kwon has pleaded not guilty to a freshly unsealed indictment released in time for his first U.S. court appearance

Noah Centineo as Owen Hendricks, follows his struggles within the CIA after the dramatic conclusion of Season 1.