SEOUL] South Korea’s sovereign wealth fund plans to increase allocations to tech startups and venture capital funds (VCs) as part of its broader push to deepen exposure to artificial intelligence (AI) …
Border city Paju enacts ordinance banning anti-North leaflet launches
Paju, a border city in Gyeonggi, enacted South Korea’s first local ordinance banning the distribution of anti-North Korea leaflets. The ordinance is expected to halt the sending of leaflets by local …
Elon Musk’s DOGE Gimmicks Have No Place In South Korea
New South Korean President Lee Jae Myung has chosen a finance minister who wants to run Asia’s fourth-largest economy like a business.
Japan’s Towa eyes third chip tool plant in South Korea amid AI boom
CHEONAN, South Korea — Buoyed by strong demand brought about by the generative AI boom, Japanese chip tool maker Towa is considering further expanding its production capacity in South Korea, where it …
South Korea Says Seeking Extension to US 90-Day Tariff Pause
SEJONG, South Korea (Reuters) -South Korea will seek an extension to the 90-day pause in U.S. tariffs that is set to expire next week, as negotiations are likely to continue past the deadline set …
6 Americans detained in South Korea for trying to send rice and Bibles to North Korea by sea
Police have detained six Americans in South Korea for allegedly trying to send 1,600 plastic bottles filled with rice, U.S. dollars bills and Bibles toward North Korea by sea.
South Korea pauses CBDC tests as stablecoin fever hits banks
The South Korean government’s crypto promises have reportedly derailed the Bank of Korea’s CBDC, as banks partaking in the trials instead want to pursue stablecoins.
Crypto-crazy investors make South Korea the best-performing market in Asia
South Korea’s stock market has been supercharged by an investor frenzy over won-based digital money this month, following newly elected President Lee Jae-myung’s pledge to allow crypto assets backed …
Purple Heart veteran self-deports to South Korea after 48 years in US
An Army Veteran and Purple Heart recipient who has lived in the U.S. for more than four decades self-deported to South Korea after immigration officials said he would otherwise be forcefully removed …
‘Angry divorcee’ pours petrol in packed South Korea tube sparking huge fire
A pensioner is facing 160 counts of attempted murder after allegedly pouring petrol in a packed tube and lighting it on fire. The 67-year-old suspect – named only as Won – is accused of carrying out …