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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....
South Korean shipbuilders seek entry into the U.S. naval market, aligning with efforts to revive American shipbuilding. Talks with Austal in Australia indicate potential for expansion.
South Korea is set to penalize companies engaging in "shrinkflation," requiring them to disclose downsized products without price reductions. The FTC mandates notices on packaging, aiming to prevent consumer fraud.
Ghana seeks mutually beneficial talks with South Korea at the inaugural Korea-Africa Summit on June 4-5, aiming to strengthen economic ties.
The Bank of Korea anticipates the Fed to hold the current interest rate, observing market sentiment, while South Korea's Finance Ministry remains vigilant for potential volatility.
South Korea's April inflation eased to 2.9%, below 3% for the first time in three months. Surging agricultural prices, particularly fruits, played a significant role, while core inflation stood at 2.3%.
Seoul Mayor Oh Se-hoon's upcoming week-long trip to the UAE includes attending Dubai's FinTech Summit and fostering a city partnership with Abu Dhabi, promoting Seoul's economic innovation globally.
Defense Minister Shin Won-sik revealed discussions about potentially sharing advanced military technology with the United States, the United Kingdom, and Australia within the framework of the AUKUS partnership.
South Korea's exports surged in March 2024, driven by a notable increase in chip exports. With projections indicating strong export growth of nearly 8% in 2024, the country anticipates maintaining a healthy trade surplus.
In Q1 2024, South Koreans set a record in direct online purchases from China, totalling 1.65 trillion won.
Overseas shipments from the tech-rich nation rose 13.8% year-on-year to $56.26 billion, marking the seventh consecutive month of robust export growth. Semiconductor sales remained at the top, underpinning the nation's trade strength amid steadfast global demand for chips.
The government and ruling party of South Korea agreed to inject an additional 150 billion won ($113 million) to stabilize soaring agricultural prices, which saw fruits surge over 40% amid a 20.9% spike in overall agricultural product inflation last month.
North Korea's parliament voted to abolish all economic cooperation agreements with South Korea amid escalating tensions, following Pyongyang's declaration of Seoul as its main enemy.
South Korea's Chief Nuclear Envoy, Kim Gunn, met with his Swedish counterpart, Peter Semneby, to discuss strategies for curbing North Korea's missile provocations and fostering a return to dialogue.
Japan and South Korea have made significant strides towards improving their relations to address regional threats, with efforts led by ROK President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida, despite various geopolitical challenges.
FSS urges CEOs of digital asset service providers to comply with upcoming virtual asset protection laws. The roadmap requires internal regulation updates by February, bodies for regulation by March, and digital systems by April.
South Korea announces plans to allocate $10.39 billion in low-interest loans for global development projects by 2026, focusing on green growth, digital transition, and reconstruction efforts in Ukraine.