South Korea signals close coordination with Japan as won faces persistent currency pressure

South Korea has stepped up coordination with Japan and other key international partners as authorities monitor growing volatility in foreign exchange markets, with a senior finance official warning that the South Korean won is trading well below levels justified by the country's economic fundamentals. The comments come just days before......

Samsung and SK Hynix to Invest Over $500 Billion in New Semiconductor Facilities

South Korea has announced a sweeping industrial strategy centred on semiconductors and artificial intelligence, with more than 890 trillion won (approximately US$576 billion) in planned investments aimed at reinforcing the country's position as a global technology leader. The initiative will be spearheaded by Samsung Electronics and SK......

South Korea and Japan reaffirm commitment to Korean Peninsula denuclearization

South Korea and Japan have reaffirmed their shared commitment to the complete denuclearization of the Korean Peninsula, emphasizing the importance of strengthening bilateral and trilateral cooperation to preserve peace and stability in Northeast Asia. The pledge came during a meeting in Seoul between South Korean Defense Minister Ahn Gyu-back......

South Korea and Japan deepen defence cooperation amid North Korea nuclear threat

South Korea and Japan have reaffirmed their shared commitment to the denuclearisation of the Korean Peninsula while advancing bilateral defence cooperation, marking another step in the gradual normalisation of security relations between the two East Asian neighbours. The agreement was reached during talks held in Seoul between South Korean......

Samsung launches Galaxy A27 5G with six years of software support

Samsung has officially unveiled the Galaxy A27 5G, expanding its popular mid-range smartphone lineup with upgraded hardware, enhanced security features, and one of the longest software support commitments in its category. Designed to succeed the Galaxy A26 5G, the new device combines improved performance, a brighter display, and advanced......

South Korea court sentences former first lady to seven years in prison over corruption case

A court in Seoul, South Korea, has sentenced former first lady Kim Keon-hee to seven years in prison after finding her guilty of receiving luxury gifts and bribes in exchange for political favors and job-related influence. The Seoul Central District Court ruled that Kim, the wife of impeached former President Yoon Suk-yeol, was guilty on......

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