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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 Korea and Qatar have signed a preliminary deal to boost bilateral defence collaboration, emphasizing efforts to increase arms exports to the Middle East, officials announced.
Food and beverage franchises face hurdles in dispelling market doubts regarding IPOs, despite efforts to diversify and expand overseas.
Foreign Minister Cho Tae-yul held his inaugural discussion with Chinese counterpart Wang Yi, focusing on diplomatic visits, supply chain issues, and North Korea's nuclear program.
Jeju Air, South Korea's leading low-cost carrier, reported a remarkable turnaround in 2023, shifting from a net loss to a profit of approximately $98 million, driven by a surge in sales and proactive route strategies anticipating post-pandemic travel demand.
South Koreans support nuclear arms development, pessimistic about North Korea's nuclear program, amid escalating tensions and diminished trust in U.S. protection.
The decision, revealed by their parent company, Hyundai Motor Group, underscores not only their improved competitiveness but also signals positive financial prospects for these firms.
The agreement, finalized in November, involves the sale of Cheongung M-SAM II to the Saudi defence ministry. This marks the second international sale of Cheongung-II missiles, following a previous deal with the United Arab Emirates (UAE) in January 2022.
Financial instability in the real estate sector has global implications, as evidenced by recent events involving Japanese lender Aozora Bank Ltd. and New York Community Bancorp.
Netflix is set to captivate audiences in 2024 with a stellar lineup of Korean content, including new seasons of hits like Squid Game and Single's Inferno, along with highly anticipated films like Parasyte: The Grey and My Name Is Loh Kiwan.
Chung Byung-won, Rudenko's counterpart from South Korea, conveyed Seoul's "grave position" on Moscow's increasing military cooperation with Pyongyang during the meeting. The foreign ministry in Seoul released a statement stating that the South Korean official asked Russia to adopt "responsible actions" given the rising tensions on the Korean peninsula.
The South Korean Air Force hopes to have 120 Boramae fighters overall by 2032, with the KF-21 being intended to replace the ageing F-4 and F-5 squadrons. As the backbone of the Air Force, the aircraft is expected to be essential in developing the three-axis system, a tactical manoeuvre designed to counter possible North Korean strikes.
South Korea's deputy foreign minister for political affairs, Chung Byung-won, informed Ambassador Georgy Zinoviev on Saturday of the nation's disapproval. The South Korean Ministry of Foreign Affairs stated that Chung stressed how the Russian fury over President Yoon's remarks would only damage relations between the two countries on a diplomatic level.
Prior to the election on April 10, South Korea's President Yoon Suk Yeol issued a strong warning about possible provocations from North Korea. Drone invasions, hacks, and other disruptive operations are causes for concern.
The 8th Fighter Wing of the United States lost control of an F-16 during an "in-flight emergency" in the West Sea, close to South Korea. After ejecting successfully, the pilot was saved.
LG CNS develops coding services based on generative AILG CNS has developed a large language model (LLM) optimized for generative AI services that can write code, targeting markets such as finance companies that place importance on data security.
GS Engineering & Construction, a leading South Korean construction and engineering company, reported a net loss of 313.7 billion won ($235.5 million) for the fourth quarter, indicating a continuation of financial challenges compared to the same period a year ago.