South Korea
-
worldProsecutors Seek 30 Years for Ex-President Yoon Over Drone Flights
South Korean prosecutors demand an additional 30-year prison term for ex-President Yoon Suk Yeol for allegedly sending military drones into North Korea. Charges include aiding the enemy and undermining state security.
-
worldMan Arrested in South Korea for Spreading AI Wolf Photo
South Korean authorities arrested an individual for distributing an AI-generated image of an escaped wolf, causing a diversion in the official search efforts.
-
techSamsung Workers Demand Profit Share Amid AI Surge
Thousands of Samsung Electronics employees protest record profits, demanding higher bonuses and threatening a strike as AI booms drive chip demand.
-
financeSouth Korea Unifies Economic Policy Amidst Gold Market Uncertainty
South Korea aligns fiscal and monetary policies, a move closely watched by traders concerned with geopolitical risks impacting gold prices and global economic stability.
-
financeSouth Korea Producer Prices Surge to 3-Year High Amidst Oil Price Spike
South Korea's producer prices saw their fastest annual increase in over three years in March, driven by a significant jump in oil and coal prices following Middle East conflict.
-
cryptoBank of Korea Governor Pivots to CBDCs, Sidelines Stablecoins
New Bank of Korea Governor Shin Hyun-song prioritizes central bank digital currencies and bank-issued tokens, notably omitting stablecoins in his first policy address.
-
worldK-Pop Mogul Bang Si-hyuk Faces Arrest Over Fraudulent Trading Allegations
South Korean police seek an arrest warrant for Hybe chairman Bang Si-hyuk, creator of BTS, on charges of misleading investors before his company's $7.3bn IPO.
-
financeAsia Bonds See Four-Year Outflow Surge Amid Inflation Fears
Investors withdrew billions from Asian bonds in March, driven by rising inflation concerns and Middle East supply disruptions. South Korean bonds were hit hardest.