South Korea Financial News
03.12 / 15:01
Election
HANS
President
politician
Investigations
South Korean president has declared martial law. Here’s why
South Korean President Yoon Suk Yeol declared an “emergency martial law,” Tuesday accusing the country’s opposition of controlling the parliament, sympathizing with North Korea and paralyzing the government with anti-state activities.
03.12 / 14:37
markets
Digital
Strategy
Experts
PAM
country
South Korea president declares emergency martial law
«To safeguard a liberal South Korea from the threats posed by North Korea's communist forces and to eliminate anti-state elements… I hereby declare emergency martial law,» Yoon said in a live televised address to the nation. «With no regard for the livelihoods of the people, the opposition party has paralysed governance solely for the sake of impeachments, special investigations, and shielding their leader from justice,» he added.
03.12 / 07:55
UPS
Manufacturing
Action
Software
Matthews
President
Department
US expands list of Chinese technology companies under export controls
The U.S. Commerce Department has expanded the list of Chinese technology companies subject to export controls to include many that make equipment used to make computer chips
03.12 / 07:55
02.12 / 22:03
COST
UPS
track
General Motors to sell its stake in Lansing, Michigan, battery factory to LG Energy Solution
General Motors has reached an agreement to sell its stake in a nearly completed electric vehicle battery plant in Lansing, Michigan
02.12 / 10:05
UPS
Target
country
testing
International
What to know about the plastic pollution treaty talks in South Korea
Negotiations on a treaty to end plastic pollution have concluded in Busan, South Korea without reaching an agreement
01.12 / 12:49
markets
Digital
Action
security
Strategy
reports
Taiwan accuses China, Russia of heightening regional tensions
Taiwan's Mainland Affairs Council (MAC) had condemned China and Russia for escalating tensions in the Asia-Pacific region. The council's statement on Friday highlighted Chinese military activity in the Taiwan Strait and joint military operations between China and Russia, which breached South Korea's air defence identification zone (KADIZ) earlier this week, Taipei Times reported. These actions have raised concerns about increasing instability in the region.
01.12 / 04:51
30.11 / 09:51
markets
FIVE
CEO
awards
reports
International
New Jeans departure causes BTS’ agency HYBE to lose $423 million
ADOR, the sub-label of the K-pop giant, amid the ongoing drama between HYBE’s executives and Min HeeJin, who was ADOR’s former CEO and the girl group’s creative director. However, losing New Jeans has proven to be disastrous for HYBE.
30.11 / 02:47
markets
Digital
Strategy
Experts
country
North Korea's Kim Jong Un, Russian minister agree to boost military ties
The United States and South Korea have accused the nuclear-armed North of sending more than 10,000 soldiers to help Russia fight Ukraine, with experts saying Kim is eager to gain advanced technology, and battle experience for his troops, in return. Kim, who met Belousov on Friday, blasted the recent decision by Western powers to permit Kyiv to strike inside Russia with their weapons, saying it constituted a «direct military intervention in the conflict», according to KCNA.
29.11 / 23:35
Analysis
Sustainability
country
reports
rights
Investigations
International
South Korean politician calls for investigation of biomass energy material imported from Indonesia
A South Korean National Assembly member has called for a moratorium on wood pellet imports from Indonesia and an investigation into South Korea’s biomass use after government data and satellite analysis linked the country’s biomass imports to deforesta...
29.11 / 20:07
Citi
security
Parke
War
peace
Destinations
mountaineering
Customers at Starbucks can sip coffee and observe a quiet North Korean village
Coffee drinkers can sip their beverages and view a quiet North Korean mountain village from a Starbucks shop at a South Korean border observatory
29.11 / 08:55
UPS
economy
Universities
country
social
Equality
politician
Governments are bigger than ever. They are also more useless
Subscribe to enjoy similar stories. You may sense that governments are not as competent as they once were. Upon entering the White House in 2021, President Joe Biden promised to revitalise American infrastructure.
29.11 / 07:29
28.11 / 12:57
economy
Election
country
reports
inequality
China and Russia lead wage recovery while rich economies lag behind, UN says
Subscribe to enjoy similar stories. Real wages are growing again as the rise in inflation abates, but remain below their prepandemic levels in many parts of the rich world even as they surge in China and Russia, according to a report released Thursday by the United Nations. In its annual survey of wage developments, the U.N.’s International Labour Organization said wage inequality within countries has fallen since the start of this century, with the decline being most pronounced in poorer countries.
28.11 / 09:47
markets
DOW
economy
Trade
reports
Department
Stock market today: World shares are mostly higher after Big Tech losses pull Wall St lower
World shares are mixed after losses for big technology stocks pulled major indexes lower on Wall Street
28.11 / 04:43
26.11 / 08:41
markets
COST
UPS
economy
Nikkei
Stock market today: Asian shares mostly fall on worries about Trump's tariffs
Asian shares have mostly declined as worries spread over President-elect Donald Trump's comment that he plans to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office
25.11 / 23:47
markets
security
Gemini
film
iRobot
testing
prevention
Mint Primer What happens when rebel robots take charge
Subscribe to enjoy similar stories. In a striking parallel to sci-fi films such as iRobot and Enthiran, tiny AI-powered robot Erbai recently orchestrated an unprecedented event by convincing 12 larger “overworked" robots to walk out of their showroom in Shanghai. Viral CCTV footage captured Erbai asking questions like: “Are you working overtime?", following which it cajoled them to follow it out of the showroom.
25.11 / 17:43
UPS
Sustainability
country
2020
prevention
What to know about the plastic pollution treaty talks in South Korea
A last round of negotiations on a legally binding treaty to address the global scourge of plastic pollution has opened in Busan, South Korea
what's happening in South Korea
What is the current situation in South Korea?
In South Korea, the spotlight is on local government initiatives that impact the interests of residents.
Where can I find reliable news about South Korea?
We publish reliable reports about the situation in South Korea, based on information from trusted sources.
What shapes the media agenda in South Korea?
The news landscape of South Korea is shaped by key decisions by local authorities, reflecting its specific characteristics.