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South Korea’s KOSPI surged 2.54% to 4,054.37 in early trade on Monday, November 10, 2025, led by sharp gains in major technology and energy stocks....
Interim leader Hwang Woo-yea unveils emergency leadership committee members aiding incoming lawmakers. Plans to appoint "around 7 to 9 people." Most align with President Yoon. The committee launch awaits formal approval.
In a bid to strengthen military ties, South Korean Army Chief Gen. Park An-su will meet with U.S. counterpart Gen. Randy George in Washington. He will then attend the Land Forces Pacific Symposium in Hawaii to discuss regional stability and defence collaboration.
Officials from South Korea and the U.S. convened in San Francisco, emphasizing software supply chain security in their cybersecurity partnership.
South Korean shares plunged over 1%, driven by concerns over future U.S. interest rates. Foreign investors sold a net 354 billion won worth of shares, halting a seven-day buying streak, while retail investors bought a net 415 billion won.
President Yoon Suk Yeol conceded his administration's shortcomings after his party's election defeat, emphasizing the urgency to address South Korea's low birth rate through a newly announced ministry.
Statistics Korea reported that South Korean manufacturers faced a third consecutive quarterly decline in domestic supply in Q1 2024, with the manufacturing domestic supply index dropping to 102.5, reflecting a 2.4 per cent decrease year-on-year.
Amid negotiations, South Korea considers accepting Indonesia's proposal to reduce its KF-21 financial commitment to one-third. Jakarta's overdue payment prompts Seoul to revise the share to 600 billion won, while exploring alternative data-sharing options to maintain cooperation.
South Korean stocks surged over 2% fueled by hopes for U.S. rate cuts. KOSPI closed at 2,734.36, with tech giants like Samsung Electronics and SK Hynix leading gains. The local currency strengthened against the U.S. dollar.
Kakao Pay announces a turnaround, reporting a net profit of 167 million won in Q1, fueled by strong sales growth and subsidiary performance.
In a bid to revitalize tourism, Seoul collaborates with international travel agencies, hosting exploratory tours for officials from China, Malaysia, Singapore, Thailand, and the Philippines. Initiatives aim to tailor experiences for younger visitors and showcase Seoul's attractions.
South Korea faces a stark demographic crisis with a projected 10 million decline in its economically active population by 2044 due to critically low birth rates. Experts warn of severe economic and social consequences if the issue remains unaddressed.
South Korea's market regulator uncovers short-selling violations by seven additional foreign investment banks, following a ban imposed last November. Financial Supervisory Service revealed nine banks involved in illegal trading, with potential fines totaling 211.2 billion won.
South Korea's Finance Minister, Choi Sang-mok, has hinted at a potential upward revision of the country's 2024 economic growth forecast, currently set at 2.2%.
Jeju International Airport officials reported 40 flight cancellations, with 20 arrivals and departures affected due to adverse weather conditions.
The Marine Corps' top leader, Lt. Gen. Kim Kye-hwan, was summoned by the anti-corruption agency amid suspicions of influencing the inquiry into Marine Chae Su-geun's death during a flood rescue operation.
Geoffrey Pyatt, U.S. assistant secretary of state for the Bureau of Energy Resources, suggested expanding energy cooperation between South Korea, the United States, and potentially Japan.