South Korea Financial News

10.03 / 20:17
markets Citi FIVE RAI show singer information GTA 6 trailer 2 release date leaked, fans wonder if it's April Fool's Day hoax
Grand Theft Auto 6 trailer 2 launch. Despite fans still analyzing the first trailer 15 months later, everyone is eagerly waiting for the second glimpse of Leonida and Vice City. Many fans believe that the second trailer could drop on April 1, and while it may sound like an April Fool's joke, there are reasons why this theory could be more believable than it seems.
10.03 / 17:09
markets Citi CEO Tesla Instagram reports Kia Norway roasts Tesla: ‘Elon Musk Went Crazy’ as EV battle revs up, and the internet can’t stop laughing
Kia Norway poked fun at Tesla and its CEO Elon Musk in an Instagram post which has gone viral. The South Korean automaker uploaded an Instagram photo of one of its EV3 electric vehicles, with a sticker that says, «I bought this after Elon went crazy,» reported Times of India.
08.03 / 09:25
markets President RAI reports Courts Investigations South Korea's impeached President Yoon leaves detention, trial continues
Yoon Suk Yeol left a detention centre in Seoul on Saturday, after prosecutors decided not to appeal a court decision to cancel the arrest warrant of the impeached leader. Yoon remains suspended from his duties and under insurrection charges over his short-lived martial law imposition on December 3. The criminal case is separate from his impeachment trial, in which the Constitutional Court is expected to decide in coming days whether to reinstate him or remove him from office. The Seoul Central District Court cancelled Yoon's arrest warrant on Friday, citing the timing of his indictment and «questions about the legality» of the investigation process.
07.03 / 20:15
markets Aviat Airlines RAI travelers International Airlines tighten rules on power banks after in-flight fire risks; here are the latest regulations
Thermal runaway occurs when batteries experience harm or receive substandard management. This leads to dangerous levels of heat, combined with smoke and potential for fires. The aviation industry faces serious safety concerns because of this risk, which led to airline policies undergoing modifications.
07.03 / 15:19
UPS economy Research community social Videos Why company owners might be the worst bosses? Economist explains
Ha-Joon Chang is stirring up a heated debate on corporate governance. The South Korean economist, known for challenging conventional capitalist wisdom, has declared that companies should not be run in the interest of their owners — and the reason might surprise you. In a 13-year-old video whose clip recently resurfaced on social media, Chang dismantled the widely accepted belief that prioritizing shareholder profits leads to better business outcomes. Instead, he argues that this model is a ticking time bomb for both companies and the broader economy.
06.03 / 23:21
COST Courts International Tex-Mex chain On the Border files for bankruptcy protection
On the Border Mexican Grill & Cantina has filed for bankruptcy protection, citing pressure from inflation and changing customer behavior
06.03 / 14:35
markets Art classical singer dance Sivasri Skandaprasad: From working in Mani Ratnam's movie to founding Ahuti, here's all about Tejasvi Surya's wife
Sivasri Skandaprasad in a traditional ceremony here on Thursday. The wedding was held amid the chanting of Vedic hymns. Several top BJP leaders including party's state president B Y Vijayendra, Union ministers V Somanna and Arjun Ram Meghwal, as well as BJP MPs and MLAs attended the ceremony and blessed the couple.
06.03 / 03:13
markets UPS Action Freedom testing South Korea and the US will begin annual military drills next week
South Korean military said Thursday, days after North Korea threatened high-profile provocations against what it called escalating U.S.-led aggression. The South Korean and U.S. forces will take part in the Freedom Shield exercise, a computer-simulated command post training, and related field exercises from Monday to March 20, South Korea's Joint Chiefs of Staff in a statement. The statement said the Freedom Shield exercise will involve responses to evolving challenges like North Korea's growing military partnership with Russia.
06.03 / 03:13
markets Digital Sustainability Experts RAI Schools At least 8 hurt in South Korea after shell hits civilian area during military drills
live-fire military exercises in Pocheon, South Korea, a fire official said. An official at Gyeonggi-do Bukbu Fire Services said out of the eight people who had been wounded, four were seriously hurt. Pocheon is about 40 kilometres (25 miles) northeast of Seoul and near the heavily militarised border with North Korea.
06.03 / 00:25
markets UPS security Analysis Research trends Trade D-St reverses its 10-day losing run as worries over tariff ease
oversold market after early indications that the US may soften its stance on trade tariffs. The NSE Nifty gained 1.15%, or 254 points, to finish at 22,337. The BSE Sensex rose 1.01%, or 740 points, to close at 73,730.
05.03 / 15:27
markets Trade President War country Indian steel prices may fall as US tariffs reshape alloy's trade, S&P Global says
The agency estimated Indian steel may see a price correction of about 3,000 rupees ($34.52) per ton. Local steelmakers have been battling a rising influx of discounted steel, with intake from China, South Korea and Japan hitting a record high in first 10 months of the current fiscal.
05.03 / 11:37
UPS Fighting Photos War Battlefield rights The North Korean defector who’s been called a ‘hero of Ukraine’
Subscribe to enjoy similar stories. SEOUL—When Ukraine was scrambling this winter to understand how to respond to the threat of thousands of North Korean soldiers deployed to fight alongside Russia, it turned to someone steeped in Pyongyang’s ways: a North Korean defector.
05.03 / 04:43
markets Reuters Digital Remark RAI country Trump says Japan and South Korea want to partner with the US in Alaska pipeline
Trump said in an address to the U.S. Congress that the pipeline would be one of the largest in the world. «Japan, South Korea and other nations want to be our partner, with investments of trillions of dollars each,» he said.
05.03 / 02:05
Digital Mobile economy country information reports rights Infotech dividend: Going digital could boost India’s labour productivity
Subscribe to enjoy similar stories. One of the most famous quips about India that has long held good is British economist Joan Robinson’s “Whatever you can rightly say about India, the opposite is also true." A telling example is the contrast between our high position in the world’s GDP league table, where we rank third in terms of purchasing power parity, and our abysmal 119th spot when it comes to per capita income. But one measure on which we have unanimity, even among argumentative Indians, relates to the rapid adoption of digital technology.
04.03 / 07:19
markets UPS FIVE economy Sustainability Experts India's steel industry contemplates potential fallout from Trump administration tariffs
Many industry workers and experts expect that the result of tariffs will be that cheap steel gets dumped in places like India. That's because the announced 25% tariff will make it too expensive for many companies in countries like China and South Korea to keep exporting to the U.S. For B. Praveen of Sun Techpro Engineering, which makes products from steel metal sheets, it means his «wafer-thin» profit margins will probably grow as the steel he buys gets cheaper.
03.03 / 09:53
Fighting security Analysis President War consequences How to protect Nato and other alliances from Donald Trump
Subscribe to enjoy similar stories. Last week’s Trump-Vance-Zelensky train wreck proved that the North Atlantic Treaty Organization is on increasingly shaky ground. Starting with Donald Trump’s Feb.
02.03 / 12:03
markets CEO Entertainment economy film country Videos Whether it’s 80 or 90 hours a week, India must work hard to achieve a $30 trillion economy by 2047, says Amitabh Kant
Niti Aayog CEO Amitabh Kant has said that Indians must work hard to reach the ambitious goal of making India a USD 30 trillion economy by 2047. Speaking on the ongoing debate about work hours, he pointed out that countries like Japan, South Korea, and China achieved economic success through a strong work ethic. He suggested that India must adopt a similar mindset to build a world-class economy. “I strongly believe in hard work. Indians must work hard, whether it’s 80 hours or 90 hours a week. If your ambition is to move from a USD 4 trillion to a USD 30 trillion economy, you can’t do it through entertainment or by following the views of some film stars,” Kant said at Business Standard’s Manthan summit. Currently, India’s economy stands at around USD 4 trillion. Kant also said that India must focus on delivering projects ahead of time, maintaining world-class standards, and avoiding time and cost overruns.
28.02 / 15:23
COST UPS economy Election Trade War country David Rosenberg: It may not seem obvious today, but Trump has done Canada a big favour when it comes to the future
The United States sends tremendous support to its allies around the world, but the payback has typically been a more stable world — it doesn’t always work, mind you, as we have seen these past three years. But no country benefits more from a tranquil world than the U.S.
28.02 / 15:01
markets Cooper security Sustainability peace International India, EU eyeing defence and security partnership; agree to work towards free, open Indo-Pacific
In an address at a think-tank ahead of the talks, the European Commission chief said proposed security and defence partnership will help the two sides to tackle common threats such as cross-border terrorism and attacks on critical infrastructure. Security should be a core part of our new strategic partnership with India, she said.

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