Workers from tech industries receive bonus worth millions of won, prompting the Bank of Korea to warn of the upward pressure to inflation.
South Korea’s Lee says Trump open to considering phased approach to North Korea nuclear issue
By Joyce Lee and Kyu-seok Shim SEOUL, June 19 (Reuters) – South Korean President Lee Jae Myung said on Friday that U.S. President Donald Trump had agreed to consider his proposal to prioritise halting …
TIIF 2026: From airports to biotech clusters Uzbekistan and Korea scale up new industrial partnership
Uzbekistan and South Korea have agreed to establish industrial clusters, expand infrastructure cooperation and elevate investment partnerships across multiple sectors based on a series of agreements …
South Korea launches company to manage $350 billion US investment pledge
SEOUL, June 18 (Reuters) – South Korea launched a state-backed company on Thursday to help implement a $350 billion investment pledge in the United States, the centrepiece of a trade deal Seoul agreed …
South Korea launches company to manage $350 billion US investment pledge
SEOUL, June 18 (Reuters) – South Korea launched a state-backed company on Thursday to help implement a $350 billion investment pledge in the United States, the centrepiece of a trade deal Seoul agreed …
Anthropic expands full-scale operations in South Korea
Anthropic, the world’s most valuable artificial intelligence (AI) startup, is set to begin full-scale operations in South Korea. On the 17th, Anthropic announced at a briefing held at the Conrad Hotel …
South Korea household loans surge as investors pile into stocks
Citi said a sharp rally in South Korean equities is contributing to rising financial stability risks as household borrowing, housing prices, and retail investment activity continue to accelerate.
North Korea condemns US missile sale approval to South Korea, KCNA says
SEOUL, June 13 (Reuters) – North Korea’s foreign ministry condemned a U.S. decision to approve the sale of advanced air-to-air missiles and related equipment to South Korea, warning the move would …
Doing Business in South Korea? One Wrong Word Can Bring Down Your Brand
From Starbucks’ Tank Day blunder to election protests, South Korea’s political climate is making it one of the world’s riskiest brand environments.
Thailand ranks second in world AI adoption growth, says Microsoft
Thailand has become the country with the world’s second-fastest growth in workplace adoption of artificial intelligence (AI), behind only South Korea, Microsoft says.