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South Korea to roll out nationwide cash handouts from July 21
Updated : 8 months, 1 week ago IST
The South Korean government announced it will begin distributing cash handouts to all citizens from July 21, as part of a major effort to revitalise domestic consumption amid global economic uncertainties, the Korea Herald reported.
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South Korean chipmakers accelerate facility investments amid booming AI de
Updated : 8 months, 2 weeks ago IST
South Korea's leading semiconductor companies are increasing their investments in production facilities, driven by strong forecasts for rapid growth in the artificial intelligence (AI) chip market, reported the Korea Herald.
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TotalEnergies signs agreement with Daehwa Pharmaceutical in South Korea fo
Updated : 8 months, 2 weeks ago IST
Seoul [South Korea], July 1: TotalEnergies has signed a Solar Power Operating Lease Agreement with South Korean pharmaceutical company Daehwa Pharmaceutical Co., Ltd. to install a 1.8 megawatt-peak (MWp) solar photovoltaic (PV) system. The project will be implemented at Daehwa Pharmaceutical
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South Korean ex-prez Yoon Suk Yeol faces further questioning, next session
Updated : 8 months, 2 weeks ago IST
Former South Korean President Yoon Suk Yeol is set to face another round of questioning by a special counsel team this week, Yonhap news agency reported.
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Italian Global Series Festival 2025: South Korean drama 'Doubt' bags Best
Updated : 8 months, 2 weeks ago IST
South Korean psychological thriller 'Doubt' has won the Best International Drama Series award at the inaugural edition of the Italian Global Series Festival (IGSF)on Saturday.
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Uncertainty looms for Korean chipmakers in China as US considers ending eq
Updated : 8 months, 3 weeks ago IST
South Korean chipmakers are experiencing tensions over their operations in China, weighed down by reports from Washington, as they consider revoking waivers that have allowed them to bring in American chip equipment for facility upgrades, as reported by the Korea Herald.
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South Korea's economy to face major headwinds from Trump's attack on Iran
Updated : 8 months, 3 weeks ago IST
South Korean economy is bracing for the aftereffects of US attacks on three of Iran's core nuclear sites: Fordow, Natanz and Isfahan, according to reports by the Korea Herald.
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China's modern slavery machine, multinationals directly linked to state-en
Updated : 8 months, 3 weeks ago IST
A recent investigation by The Bureau of Investigative Journalism has revealed that South Korean tech giant LG directly owns and operates a factory in China that employs ethnic minority workers under Beijing's controversial labour transfer programme, a scheme widely condemned by human rights
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South Korea unveils USD 22 billion stimulus budget to revive Korean econom
Updated : 8 months, 3 weeks ago IST
Lee Jae Myung, President of South Korea, has introduced a 30.5 trillion won (USD 22.1 billion) supplementary budget proposal aimed at revitalising Korea's flagging economy, reported the Korea Herald, a South Korean English-language daily newspaper, on June 19.
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PM Modi meets Mexico, South Korea leaders on G7 sidelines in Canada
Updated : 9 months ago IST
Prime Minister Narendra Modi held brief pull-aside meetings with Mexican President Claudia Sheinbaum and South Korean President Lee Jae-myung on the sidelines of the G7 Summit in Kananaskis, Canada.
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US steel tariffs on home appliances alarm Samsung and LG
Updated : 9 months ago IST
The Trump administration's expansion of steel tariffs to include household appliances with steel components has raised significant concerns for South Korean electronics giants Samsung Electronics and LG Electronics, according to reports by Korea Herald.
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South Korean shipbuilders report 32 per cent decline in new orders from Ja
Updated : 9 months, 1 week ago IST
During these five months, Korean shipbuilders reported a total of 3.81 million compensated gross tonnage, representing 24 per cent of the global market, second only to China, which led with 7.86 million CGT, or 49 per cent.
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