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South Korea Business Sentiment Weakens Slightly

South Korea Business Sentiment Weakens Slightly

South Korea's business confidence weakened slightly in July, survey data from the Bank of Korea showed on Thursday. The composite business sentiment index dropped to 89.4 in July from 89.5 in June. A score below 100 indicates pessimists outnumber...

South Korea’s T’way details new aircraft deliveries

South Korea’s T’way details new aircraft deliveries

South Korean low-cost operator T’way Air expects deliveries of its Boeing 737 Max 8s to complete by 2027, as its fleet renewal plans get underway. Detailing its near-term fleet plans, T’way says the 737 Max aircraft – of which it has 20 on order –...

South Korean authorities seize $3.2m worth of crypto from fake crypto exchanges

South Korean authorities seize $3.2m worth of crypto from fake crypto exchanges

South Korean police have seized up to 4.4 billion won worth of cryptocurrency held by a group of illegal crypto exchange operators profiting off of user platform fees. According to a news report from Yonhap, the authorities raided a syndicate that...

South Korea births surge to fastest rate in a generation

South Korea births surge to fastest rate in a generation

South Korea’s birthrate surged at its fastest pace in more than three decades in April, offering tentative signs of recovery in a country grappling with the world’s lowest fertility rate, official data showed. The number of babies born in April...

South Korean Investment in U.S. Assets Hits Record High Amid Market Shift

South Korean Investment in U.S. Assets Hits Record High Amid Market Shift

Nasdaq rebounds on tariff deferral news (Yonhap) SEOUL, June 26 (Korea Bizwire) — South Korea’s financial investment in the United States surged to an all-time high in 2024, as domestic investors increasingly turned to U.S. stocks and production...

South Korea’s Forensic Expertise Aids Mongolia in Solving Cold Case, Modernizing Crime Labs

South Korea’s Forensic Expertise Aids Mongolia in Solving Cold Case, Modernizing Crime Labs

National Forensic Service. (Image from the company webpage) SEOUL, June 26 (Korea Bizwire) — South Korea’s advanced forensic science capabilities have significantly strengthened Mongolia’s criminal investigation system, culminating in the...

South Korea, NATO Agree To Establish Consultative Body On Defence Industry

South Korea, NATO Agree To Establish Consultative Body On Defence Industry

(MENAFN- IANS) Seoul, June 26 (IANS) South Korea and the North Atlantic Treaty Organization (NATO) have agreed to establish a working-level consultative body on defence industry cooperation, said the presidential office on Thursday. On the...

South Korea court rejects arrest warrant for ex-president Yoon

South Korea court rejects arrest warrant for ex-president Yoon

SEOUL, Jun. 25 (Reuters): A South Korean court rejected on Wednesday a request to issue an arrest warrant for former President Yoon Suk Yeol related to an investigation into his short-lived attempt to impose martial law, his lawyers said. South...

South Korea’s SFR Budget Slashed 90%, Stalling Next-gen Reactor Program

South Korea’s SFR Budget Slashed 90%, Stalling Next-gen Reactor Program

The South Korean government’s public-private small-modular-reactor (SMR) development program is adrift even before launch, after the National Assembly cut this year’s budget by 90 percent, making a 2025 start impossible. In response, officials...

South Korean shares fall on profit booking after post-election rally

South Korean shares fall on profit booking after post-election rally

SEOUL: Round-up of South Korean financial markets: South Korean shares fell more than 1% on Thursday as investors booked profit after a recent rally on post-election optimism. The benchmark KOSPI lost 48.28 points, or 1.55%, to 3,059.97 as of 0215...

South Korea's Lee pushes stimulus package to revive main street

South Korea's Lee pushes stimulus package to revive main street

SEOUL -- South Korea's president on Thursday detailed plans for an extra budget that he described as key to the country's efforts to break out of a prolonged economic slump. The stimulus is the most significant economic policy measure spearheaded...

South Korea’s Business Sentiment Stalled Amid Middle East Conflict Concerns

Wednesday, June 25, 2025 9:50 PM EDT Image Source: Pexels South Korea's Business Survey Index (BSI) remained largely unchanged in June, a stark contrast with yesterday’s notable rise in consumer confidence. The survey, though, was conducted from...

South Korea central bank adjusts open market operation to boost money supply

South Korea central bank adjusts open market operation to boost money supply

SEOUL: South Korea's central bank has adjusted its open market operation mechanism to inject liquidity via repurchase agreements in a regular manner, citing reduced money supply from overseas. Starting Jul 10, the Bank of Korea will inject...

South Korea's Lee Jae Myung urges approval of US$22.5 billion extra budget

South Korea's Lee Jae Myung urges approval of US$22.5 billion extra budget

Economic growth remained below 1 per cent for four consecutive quarters, before posting negative growth in the first quarter of this year, Lee said. Private consumption and government spending also contracted in the first quarter, he added....

April births in South Korea see biggest rise in 34 years

April births in South Korea see biggest rise in 34 years

South Korea might be overcoming the severe low birth rate crisis, showing a small glimmer of hope. April 2025 records sharpest increase in newborns since 1991 The number of births in April 2025 rose by 8.7% compared to the same month last year...

Ha Jung Woo, Im Soo Jung, Krystal, Shim Eun Kyung, & more cast in tvN drama 'How to Become a Property Owner in South Korea'

Ha Jung Woo, Im Soo Jung, Krystal, Shim Eun Kyung, & more cast in tvN drama 'How to Become a Property Owner in South Korea'

tvN has assembled a cast of jaw-dropping talent for its new drama, 'How to Become a Property Owner in South Korea'. Scripted by Oh Han Ki and directed by Lim Pil Sung, 'How to Become a Property Owner in South Korea' tells the story of a property...

Will South Korea’s New President Embrace Washington?

Will South Korea’s New President Embrace Washington?

Opposition leader Lee Jae-myung triumphed in South Korea’s presidential election, giving the left-ish Democratic Party of Korea full control of the government. He won big, but only because a third party siphoned off a sizable number of votes. He...

asia South Korea court rejects arrest warrant for ex-president Yoon

asia South Korea court rejects arrest warrant for ex-president Yoon

SEOUL — A South Korean court rejected on Wednesday (June 25) a request to issue an arrest warrant for former President Yoon Suk-yeol related to an investigation into his short-lived attempt to impose martial law, his lawyers said. South Korea's...

Chinese AI Startups Intensify Efforts to Penetrate South Korean Market

Chinese AI Startups Intensify Efforts to Penetrate South Korean Market

The Chinese artificial intelligence (AI) agent Manus, dubbed the second DeepSeek, has begun service in South Korea. Earlier, MiniMax, one of "China’s 4 AI Tigers" supported by the Chinese government, expressed its intention to enter the Korean...

X2M wins $1m in contracts as South Korean momentum grows

X2M wins $1m in contracts as South Korean momentum grows

The company has secured new customers in South Korea, increasing its addressable market by 113,000 households. Pic: Getty Images. X2M has won new contracts for water monitoring in South Korea Adds to earlier $3m smart safety device deal Company...

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