SEOUL, July 27 (Reuters) – Shares of South Korean internet and cloud service giant Naver jumped more than 10% on Monday after it said Nvidia would acquire $1 billion of its new shares to finance a …
North Korean land mines likely flowed south with runoff from monsoon rains
The South Korean government has warned that heavy rains may have washed landmines from the DMZ into rivers flowing across the inter-Korean border.
South Korea President Lee hosts US tech summit, calls for new AI era
By Max A. Cherney and Heekyong Yang SAN FRANCISCO/SEOUL, July 24 (Reuters) – South Korean President Lee Jae Myung hosted an AI summit in San Francisco on Friday, bringing together the heads of leading …
South Korea’s AI boom is spilling into housing, widening the property divide
AI-driven gains at Samsung and SK Hynix are moving into South Korea’s housing market, raising affordability concerns.
South Korea economy expands 0.6% q/q in Q2, better than expected
SEOUL, July 23 (Reuters) – South Korea’s economy grew faster than market expectations in the second quarter, driven by a semiconductor export boom that offset a decline in construction investment, …
Korea and Vietnam’s Top Business Leaders Gather: Over 70 Economic Agreements Signed by SK, POSCO, Doosan and More
Key business leaders representing South Korea and Vietnam gathered in one place to discuss ways to expand economic cooperation between the two countries. With major business figures from both nations …
Why South Korea’s stock market is driving wild Wall Street swings
Once dismissed as a market trading at a discount to its global peers, South Korea has become a focal point for investors.
South Korea’s Kospi drops nearly 5% as some AI stocks swoon, while oil keeps climbing
Asian shares are mostly higher but South Korea’s Kospi has fallen nearly 5% as investors unload more stocks linked to artificial intelligence.
South Korea to expand use of won-denominated bonds for foreign investors
SEOUL: South Korea’s finance ministry on Sunday (July 19) said it plans to allow foreign financial institutions to borrow in won through temporary overdrafts and allow them to use won-denominated …
South Korea to expand use of won-denominated bonds for foreign investors
SEOUL: South Korea’s finance ministry on Sunday (July 19) said it plans to allow foreign financial institutions to borrow in won through temporary overdrafts and allow them to use won-denominated …