South Korea

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South Korea

  • July 25 2024
    South Korea Society
    ‘A Moncler winter jacket has become like a school uniform’: children’s luxury booms in South Korea
    Parents and grandparents spoil their kids with expensive fashion products as low birth rate leads to smaller families
    Five young attendees of Seoul Fashion Week dressed in designer clothing pose for photographers in October 2017
  • July 24 2024
    Inside BusinessChristian Davies
    Seoul push to end ‘the Korean discount’ hits a snag
    Critics of a Doosan group restructuring argue the country needs a fiduciary duty standard for shareholders
    Seoul city skyline
  • July 23 2024
    Kakao Corp
    Billionaire founder of Kakao arrested in K-pop stock manipulation case
    South Korean internet company’s chief in custody over bidding battle with agency behind boy band BTS
    Brian Kim outside the Seoul Southern District Court
  • July 17 2024
    South Korean business & finance
    Prosecutors push for arrest of tech billionaire at centre of K-pop bidding battle
    Move to detain Kakao founder Brian Kim follows regulator’s vow to crack down on insider trading
    Members of K-pop boy band BTS dancing across a stage
  • July 17 2024
    Political espionage
    Former CIA analyst charged with acting as South Korean agent
    Sue Mi Terry accused by US prosecutors of accepting luxury gifts to disclose information and write articles
    Sue Mi Terry
  • July 16 2024
    News in-depthSouth Korea Politics & Policy
    More South Koreans want Seoul to have its own nuclear weapons
    Stronger Putin-Kim ties and possible Trump re-election increases public support for independent deterrent
    People in Seoul watch a television broadcast about a meeting between North Korean leader Kim Jong Un and Russian President Vladimir Putin in Pyongyang
  • July 14 2024
    News in-depthSamsung Electronics Co Ltd
    Samsung’s ‘chip crisis’: AI ambitions hit by unprecedented worker unrest
    Korean tech giant risks losing disenchanted engineers to domestic rival SK Hynix
    Samsung head of mobile on stage at a launch event in Paris
  • July 10 2024
    Technology sector
    Samsung launches foldable phones with enhanced AI to stay ahead of Chinese rivals
    Smartphone maker adds new capabilities in niche premium segment to combat being undercut on price
    Illustration of Samsung’s new Fold6 phone
  • July 8 2024
    Samsung Electronics Co Ltd
    Samsung Electronics hit by unprecedented 3-day strike
    Thousands of workers take action over pay and conditions at South Korean tech company
    Smasung workers line up on stage during a rally outside the company’s semiconductor plant in Hwaseong
  • July 7 2024
    Batteries
    Battery maker SK On declares ‘emergency’ as EV sales disappoint
    Supplier to Ford and Volkswagen may have to be rescued by its South Korean parent as losses mount
    Two employees walk down the hallway of an SK On battery factory in South Korea
  • July 5 2024
    Samsung Electronics Co Ltd
    Samsung expects profits to surge on demand for AI chips
    World’s largest memory chipmaker forecasts 15-fold rise in second-quarter figures
    A Samsung sign outside the company’s offices in Seoul
  • July 3 2024
    Batteries
    Indonesia boosts EV ambitions with first battery factory
    South-east Asian country is pushing to move up electric vehicle value chain
    Employees work on a car at Hyundai’s factory in Cikarang, Indonesia
  • June 27 2024
    IPOs
    Webtoon Entertainment to debut on Nasdaq as latest Korean cultural export success
    Online comics platform prices IPO at top of range for $2.7bn valuation
    A South Korean comics artist works at his desk with a computer monitor and a tablet showing two comic book covers and a wall behind him covered with photos and illustrations
  • June 26 2024
    North Korean balloons carrying rubbish briefly close South’s busiest airport
    Launches come amid high tensions on Korean Peninsula days after Vladimir Putin visit
    A balloon believed to have been sent by North Korea over a rice field in South Korea last month
  • June 24 2024
    Fire at South Korean lithium battery plant kills 22
    Most of dead at factory reported to hail from China as cause of explosion that sparked blaze remains unclear
    The remains of the Aricell battery factory where 22 workers died in a fire
  • June 21 2024
    South Korea Politics & Policy
    South Korea to consider supplying arms to Ukraine after Putin-Kim pact
    Tensions rise on Korean peninsula after Russian president raises giving Pyongyang high-precision weapons
    Russian President Vladimir Putin and North Korea’s leader Kim Jong Un walk on the red carpet upon Putin’s arrival at Pyongyang’s international airport on Wednesday
  • June 21 2024
    Special ReportAsia-Pacific Climate Leaders
    South Korea and Japan criticised for approach to climate collaboration
    Environmentalists question joint decision to promote hydrogen and ammonia as emission reduction tools
    At a hydrogen refueling station, a fuel cell bus and two fuel cell cars are refueling. The bus has “RESERVED” displayed on its sign and features a wheelchair symbol. The station has a sleek, contemporary design with a large canopy overhead. Several people are present, with a tent and additional structures visible in the background
  • June 20 2024
    North Korea
    Japan and South Korea sound alarm over Putin-Kim military pact
    Mutual defence pledge marks one of Moscow’s strongest commitments in Asia
    North Korean leader Kim Jong Un, right, and Russia’s President Vladimir Putin toast with wine glasses at a welcome banquet in Pyongyang on Wednesday, with North Korean flags in the background
  • June 12 2024
    Moral Money
    The rise of the €1 home Premium content
    Also in today’s newsletter, a financed emissions jigsaw puzzle
    A previously abandoned building renovated to house several retail businesses
  • June 11 2024
    News in-depthTechnology sector
    Data leak at SoftBank joint venture sparks blame game between Tokyo and Seoul
    Japanese officials say South Korea’s Naver should cut stake in Line Yahoo on security grounds
    The two men look directly at each other from either sides of the frame
  • June 2 2024
    InterviewAerospace & Defence
    South Korea seeks to join top arms dealers with new fighter jet engine
    Hanwha Aerospace has partnered with the government to move up the defence value chain
    A South Korean air force KF-21 fighter jet flies in the air
  • May 29 2024
    North Korea
    Seoul says North Korea is dropping balloons filled with ‘filth and garbage’
    Pyongyang retaliates against leafleting campaign by pro-democracy activists from South
    Balloons with trash caught on electric wires as South Korean army soldiers stand guard in Muju, South Korea on Wednesday
  • May 27 2024
    South Korean business & finance
    Maker of Shin instant ramen expands overseas as Korean noodles become hit
    Nongshim’s products have gone mainstream in US, where the company plans to add production lines
    A tram decorated with an advertisement for Shin Ramyun noodles on its exterior stops at Amsterdam Central Station
  • May 27 2024
    Asia-Pacific
    China hails ‘new beginning’ at summit with Japan and South Korea
    Beijing, Seoul and Tokyo agree to revive talks on free trade deal
    South Korea’s President Yoon Suk Yeol shakes hands with China’s Premier Li Qiang, as Japan’s Prime Minister Fumio Kishida looks on
  • May 26 2024
    Geopolitics
    China warns South Korea against politicising trade before Japan talks
    Supply chains are ‘deeply intertwined’, says Premier Li Qiang ahead of summit
    South Korea’s President Yoon Suk Yeol, third from left, holds talks with Chinese premier Li Qiang, sitting opposite, in Seoul on Sunday
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