South Korea
country in East Asia
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01.07.2024Labour Party wins the general election
01.07.2024Labour Party wins the general election
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business 2025-07-07 17:48
Trump imposes 25% tariffs on Japan and South Korea imports - President Trump sent letters to Japan and South Korea announcing a 25% tariff on their goods exported to the U.S., set to begin on August 1.
- The administration indicated that tariffs could be modified depending on the trading relationships with the two countries.
- This move represents an aggressive approach to balancing trade deficits and may result in further tariff notifications to other nations.
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business 2025-07-07 00:00
Mirae Asset and KB dominate South Korea's IPO market - Mirae Asset Securities and KB Securities led South Korea's IPO market in the first half of 2025.
- Mirae Asset completed nine IPOs while KB Securities raised $919 million, leading in offering value.
- The competitive landscape signals a strong IPO environment with anticipated challenges in the second half of the year.
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military conflicts 2025-07-07 00:00
North Korean man crosses DMZ into South Korean custody amid border tensions - A North Korean man crossed the heavily fortified border into South Korea and was detained.
- The South Korean military successfully guided the man to safety after a 20-hour operation.
- This incident reflects ongoing tensions and evolving diplomatic strategies between the two Koreas.
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military conflicts 2025-07-04 00:00
South Korea seals $6 billion tank export deal with Poland - The South Korean government has confirmed a $6 billion agreement to supply K2 tanks to Poland, including at least 180 units.
- This new deal includes a local manufacturing component, where 63 tanks will be produced in Poland alongside PGZ.
- The agreement underscores the growing defense partnership between South Korea and Poland amidst regional security concerns.
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environment 2025-07-04 00:00
Lovebugs swarm South Korea, overwhelming mountain peak and homes - Swarms of lovebugs have returned, covering Gyeyang Mountain and infiltrating homes in South Korea.
- The insects are beneficial for pollination despite being a nuisance to residents.
- Public complaints have surged over the insect's presence, prompting non-chemical management methods.
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military conflicts 2025-07-02 11:42
North Korea dumps nuclear waste into rivers, alarming South Korea - South Korea is monitoring radiation levels in the Yellow Sea due to North Korea's uranium waste discharge.
- The Pyongsan plant in North Korea has begun dumping waste into waterways after a sedimentation pond filled up.
- Concerns continue as the situation poses potential risks to public health and the environment.
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society 2025-06-27 19:20
Six Americans detained for sending rice and Bibles to North Korea - Six Americans attempted to send food and religious materials to North Korea by sea from Gwanghwa Island.
- They were detained by South Korean authorities for violation of safety and disaster management laws.
- This incident highlights ongoing tensions between North and South Korea and the government's push to regulate civilian campaigns.
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business 2025-06-27 00:00
Densys sues Medit for patent violations over dental technology - Densys has accused Medit of patent infringement concerning intraoral scanning technology.
- The lawsuit seeks damages and an injunction against Medit for willful infringement.
- Medit is experiencing financial difficulties following its acquisition by MBK Partners.
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politics 2025-06-26 10:22
North Korea prepares to deploy thousands of military workers to Russia - South Korea's intelligence agency revealed North Korea's intention to send 6,000 military personnel to Russia's Kursk region.
- This move follows an agreement between Kim Jong Un and Russian security chief Sergei Shoigu and is expected to happen in July or August.
- This deployment highlights the growing military cooperation between North Korea and Russia, raising concerns about the implications for regional security.
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society 2025-06-25 13:56
Half a million dogs face euthanasia after dog farm bans in South Korea - A ban on the dog meat trade led to the closure of many dog farms in South Korea.
- This policy change has placed over half a million dogs at risk of euthanasia if they are not rehomed.
- The situation highlights the need for effective animal welfare initiatives and community support.
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military conflicts 2025-06-25 01:41
South Korean POWs highlight the tragedy of families torn apart by war - Since the Korean War, families have been torn apart, with citizens from both North and South Korea deeply affected.
- Individuals like Lee and Son Myong Hwa reflect on the struggles faced by POWs and their families as they deal with loss and government neglect.
- The continuing stories of these families highlight the pain and unresolved conflicts stemming from the Korean War.
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society 2025-06-24 21:25
Veteran Sae Joon Park self-deports to South Korea after years of battling immigration issues - Sae Joon Park served in the U.S. Army and was awarded the Purple Heart for injuries sustained in combat.
- After facing a removal order due to old drug charges, he made the decision to self-deport to South Korea.
- Park's story highlights the challenges faced by veterans in navigating immigration laws and the consequences of past actions.
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business 2025-06-24 00:00
KOSPI surges over 3% amid easing Middle East tensions - South Korea's KOSPI index surged by almost 3%, reaching 3,100 points for the first time in 45 months.
- The rise was attributed to a cease-fire agreement between Iran and Israel, boosting investor confidence.
- Analysts predict that the index may continue to rise, fueled by government stimulus measures and international market liquidity.
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entertainment 2025-06-20 07:35
BTS reunites as Suga completes military service - Suga has been discharged from his alternative military service, completing the military obligations for all BTS members.
- BTS management confirmed that no celebratory events are planned for Suga's release due to concerns about overcrowding.
- The return of all members paves the way for a potential reunion and future projects by BTS in 2025.
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science 2025-06-20 00:00
Genetics may explain Haenyeo divers' extraordinary abilities - The Haenyeo divers are a group of skilled women from South Korea who dive into cold waters for seafood.
- They have unique genetic adaptations that enhance their diving capabilities beyond just training.
- Their story reflects a significant intersection of culture, biology, and adaptation.
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military conflicts 2025-06-19 09:09
North Korea launches over a dozen rockets amidst heightened military tensions - North Korea launched more than a dozen rockets on June 19, 2025, from the Sun'an area near Pyongyang.
- The launches were reportedly part of ongoing military exercises by North Korea, coinciding with recent joint drills by South Korea, the U.S., and Japan.
- This show of military force underscores the rising tensions and the need for strong defense measures in the region.
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society 2025-06-19 02:06
South Korea risks losing its last circus heritage - The Dongchoon Circus Troupe is over a century old and is the last circus in South Korea.
- As audiences dwindled over the years due to television and changing entertainment preferences, many circuses closed down.
- The future of South Korea's circus arts is at risk without revitalization efforts led by Dongchoon.
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politics 2025-06-19 00:00
Keir Starmer mistakenly shakes hands with interpreter instead of South Korea's president - Sir Keir Starmer mistakenly shook hands with an interpreter instead of South Korea's President Lee Jae-myung during the G7 summit.
- The summit included discussions about enhancing the UK-South Korea free trade agreement and addressing key foreign policy issues.
- These incidents raised questions about the potential implications of such gaffes on Starmer's political reputation.
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technology 2025-06-16 00:00
SK Group and Amazon join forces to build AI data center in Korea - SK Group will collaborate with Amazon Web Services to build a large AI data center in Ulsan, South Korea, investing a total of $5.1 billion.
- The data center is expected to feature 60,000 graphics processing units, with a plan to scale its capacity significantly by 2029.
- This project is anticipated to boost both local and national economies by enhancing technological capabilities and capacity in cloud computing.
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politics 2025-06-12 00:00
South Korea halts anti-North Korea broadcasts to ease tensions - On June 11, 2025, South Korea's military stopped anti-North Korean propaganda broadcasts along the border.
- This action followed a history of provocations, including North Korea sending trash-laden balloons into South Korea.
- The decision is seen as an attempt to reduce tensions and improve inter-Korean relations under the new administration.
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politics 2025-06-10 09:09
Democratic Party halts controversial bill to protect president from trials - The ruling Democratic Party postponed a plenary session intended to pass controversial legislation.
- One such bill aimed to halt criminal trials for elected presidents, raising concerns among opposition parties.
- The decision highlights ongoing partisan tensions and implications for President Lee Jae-myung's administration.
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military conflicts 2025-06-10 08:56
South Korea nears major tank deal with Poland amid defense expansion - Negotiations for the K2 tank deal are in the final stages.
- The deal is expected to be worth around $6 billion involving local production.
- Successful conclusion of the negotiations would position South Korea as a key player in European defense exports.
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politics 2025-06-04 11:46
Lee Jae-myung becomes president amid political turmoil in South Korea - Lee Jae-myung was elected in a snap election following the impeachment of Yoon Suk Yeol.
- The election witnessed a significant voter turnout of 77.8%, reflecting public demand for change.
- Lee's presidency is marked by both promise and challenges due to ongoing criminal investigations.
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sport 2025-06-04 11:22
Tottenham demands a significant fee for Son Heung-min amid transfer interest - Son Heung-min is approaching the final year of his contract with Tottenham.
- He has been the subject of interest from Saudi Pro League clubs over the past two years.
- Tottenham will only consider significant offers for Son this summer.
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politics 2025-06-03 15:44
Lee Jae-myung holds significant lead in South Korea's controversial presidential race - South Korea is poised to elect a new president after months of political turmoil following the impeachment of former President Yoon Suk Yeol.
- Lee Jae-myung, a leading candidate from the Democratic Party, is favored in polls, while Kim Moon-soo from the People Power Party seeks a comeback.
- The election has sparked intense debates and personal attacks between candidates, reflecting the country's deeply polarized political environment.
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politics 2025-06-03 04:12
South Korea grapples with political chaos after Yoon's impeachment - Millions of South Koreans cast their votes in a snap election following the impeachment of former President Yoon Suk Yeol.
- Lee Jae-myung, the opposition candidate, is predicted to win, capitalizing on public frustration over the conservative party's recent policies.
- The election represents a pivotal moment for South Korea's democracy and political future.
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politics 2025-06-03 00:00
Lee Jae-myung dominates polls as South Korea prepares for election - Significant voting irregularities led to investigations ahead of the presidential elections in South Korea.
- Lee Jae-myung of the Democratic Party held a strong lead in polls, amidst concerns over democracy and security.
- The results of this election will influence South Korea's political future and international relations.
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politics 2025-06-01 07:58
Lee Jae-myung uses heavy security measures amid election fears - Lee Jae-myung is leading in the polls with 49% support two days before the election.
- He is implementing heightened security measures in his campaign following a stabbing incident.
- The approaching election reflects significant public engagement amid concerns over China and U.S. relations.
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military conflicts 2025-05-23 19:27
U.S. proposes troop withdrawal from South Korea amid military review - The U.S. is reviewing its military posture in East Asia, considering moving 4,500 troops from South Korea to Guam.
- This proposal aims to address the growing threats from China, while continuing to deter North Korea.
- The decision remains under discussion, with key military leaders expressing significant concerns about troop reductions.
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military conflicts 2025-05-23 16:42
South Korea successfully repairs damaged F-35 fighter jet with US support - The Republic of Korea Air Force undertook a repair project on a grounded F-35A with assistance from the US-led F-35 Joint Program Office.
- The operation involved a team from Lockheed Martin and various US military branches, successfully demonstrating the feasibility of wing removal.
- This innovative approach is expected to save millions of dollars and pave the way for improved F-35 maintenance processes.
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business 2025-05-23 00:00
Japan's inflation hits highest rate in over two years - Japan's core inflation reached 3.5% in April 2025, driven by price increases in essentials like rice.
- Investor sentiment is mixed in the Asia-Pacific region, with stock indices showing varied responses amid economic data releases.
- The situation reflects broader economic challenges, prompting re-evaluation of monetary policies and trade agreements.
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business 2025-05-22 03:09
Asian markets tumble as U.S. debt worries escalate - Asian markets followed Wall Street lower on May 22, 2025, impacted by U.S. debt concerns.
- The Hang Seng Index and Shanghai Composite saw declines in response to rising Treasury yields.
- Investors remain uneasy about the economic outlook, exacerbated by uncertainty surrounding U.S. tariffs.
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2023 All rights reserved