South Korea

South Korea approves 26.2 trillion won extra Budget to help cope with Iran war

The package includes President Lee’s flagship consumer voucher handout programme

Samsung Electronics blew past expectations with a jump of eight times its previous level in quarterly profit on Apr 7, reinforcing the AI-driven demand boom. 

Global funds flow back into Asian AI stocks as war tensions ease

Some investors are returning to growth stocks despite lingering geopolitical risks

BTS will kick off the tour with a concert on Apr 9, 11 and 12 in the South Korean city of Goyang.

BTS to visit 34 cities in a year for comeback world tour

The Kpop group’s new album tops the Billboard 200 chart for two weeks in a row

Like many other Asian economies, South Korea relies heavily on energy imports, including through the Strait of Hormuz.

South Korea’s president says country must balance risk as Hormuz disruptions threaten oil supplies

South Korean authorities have been consulting with other oil-producing countries to secure alternative routes

President Lee Jae-myung warned that the Middle East crisis has triggered one of the most severe energy security threats in decades.

‘Save every drop of fuel’, urges South Korea’s president, as Iran crisis hits

Lee Jae-myung sharpens earlier appeals for restraint, signalling heightened sense of urgency

Ramen noodles are typically sold in packages, cups or bowls, making them heavily reliant on polyethylene terephthalate (PET), one of the world’s most widely used plastics.

From beer to cosmetics, Asia feels full force of war-fuelled energy crisis

The region relies more heavily on crude oil, gas, fuel and fertiliser from the Middle East than other parts of the world

The bond buyback will add liquidity to the local bond market and cap rising yields after three-year treasury bond yields surged to the highest point since mid-2024.

South Korea to carry out bond buyback, expand fuel tax breaks to cushion blow from Iran conflict

The bond buyback will be conducted in two tranches, 2.5 trillion won on March 27 and another 2.5 trillion won on April 1

There are only two Western companies producing rate earths at scale, Australia’s Lynas Rare Earths and MP Materials in the US.

South Korea, Germany exposed to rare earths shortage, Australia’s Arafura says

[CANBERRA] The US and Japan are quickly locking up rare earths supply, leaving industrial powerhouses Germany and South Korea exposed, said the CEO of Australia’s Arafura Rare Earths, which is negotia...

SK Hynix was considering raising 10 trillion to 15 trillion won (S$12.8 billion) by issuing new shares in a US listing.

SK Hynix files for US listing that source says could raise up to US$14 billion

[SEOUL] South Korean chipmaker SK Hynix announced on Wednesday it made a confidential filing for a US listing in 2026, which a source said could raise as much as US$14 billion.