SK Group Chairman Chey Tae-won will appear as a lecturer on EBS's educational program 'The Great Lesson' alongside five Nobel Prize winners. The programming highlights South Korea's corporate leaders engaging in thought leadership and public education.
South Korea has officially informed the International Atomic Energy Agency of its intent to consult on safety arrangements for nuclear-powered submarines. The move addresses international oversight requirements as Seoul pursues submarines powered by nuclear reactors rather than conventional fuel.
President Lee Jae Myung reaffirmed commitment to pursue inter-Korean peace through dialogue backed by military strength. The statement reflects Seoul's longstanding policy balancing engagement with North Korea against security readiness, a posture spanning multiple administrations.
South Korea's main stock index Kospi opened at 7,077 (up 1.17%), marking a return above 7,000 for the first time since August 18. Heavyweight semiconductor stocks led gains, with SK Hynix up 3.08% and Samsung Electronics up 1.11%, riding on momentum from OpenAI's GPT-6 Astra launch announcement.
Seoul's main stock index (KOSPI) surpassed the 7,000 mark intraday on September 8 after a 15-day absence. The gain of 0.72% reflects renewed investor appetite. For expats and Korean savers holding equities, the technical recovery signals tentative confidence, though broader volatility remains.
Planning and Budget Minister Park Hong-Geun pushed back against calls to withdraw two Cabinet nominees, saying ambition and overreach do not reflect public sentiment. The dispute centers on which nominees stay in confirmation hearings. This affects government policy direction and may signal whether
The Bank of Korea reported the economy grew 0.6% in the second quarter, driven by exports and consumer spending. Growth remains modest but sustained. This quarterly snapshot matters to investors and expats tracking Korea's economic trajectory amid global uncertainty.
Service on Daegu Metro Line 3 was temporarily suspended on September 7 due to a power supply failure, later resuming in partial capacity. The incident affected commuters during evening rush hour at multiple stations including Geondeulbawi. The cause and duration of repairs was not detailed in availa
The Korean won strengthened past the 1,330/dollar mark for the first time since October 2024, driven by foreign investors buying local stocks worth approximately 2 trillion won over two months. The currency's recent strength defies expectations of further US rate hikes, which typically favor the dol
President Yoon Suk-yeol's administration has nominated attorney Kim Ji-yong (Apex law firm) as the inaugural commissioner of the Serious Crimes Investigation Agency, a new prosecutorial body. The agency's formation is part of judicial reform affecting corruption enforcement and legal process. This m