South Korea

South Korea makes checks on increasing US dollar deposits as won falls

[SEOUL] South Korean authorities summoned seven local banks last week to question them about increasing US dollar deposits, officials and bank sources said on Monday (Jan 12), amid growing expectation...

The housing rally, particularly in the Greater Seoul area, has kept policymakers focused on the risks of a deepening concentration of activity in the capital region.

Seoul apartment prices continue to rise ahead of Bank of Korea meeting

The government has rolled out a series of additional measures meant to temper the rally last year

President Lee Jae Myung says Chinese leader had noted patience was needed when they discussed nuclear-armed North Korea.

South Korea's Lee says he asked Xi to play a mediating role on North Korea

[SEOUL] South Korean President Lee Jae Myung said on Wednesday (Jan 7) that much progress had been made in restoring trust with Beijing, and that he had asked Chinese President Xi Jinping to play a ro...

South Korean President Lee Jae-myung (left) and Chinese President Xi Jinping reaffirmed bilateral ties at their summit in Beijing.

Xi and Lee reaffirm China-South Korea ties at second summit in two months

The frequency of their meetings demonstates the importance of the relationship, showing efforts by both sides to stabilise relations

China's President Xi Jinping shakes hands with South Korea's President Lee Jae-myung in Gyeongju, South Korea, Nov 1, 2025. The upcoming visit marks the second meeting between the pair in just two months.

South Korea President Lee arrives in China amid rising regional tensions

His talks with Chinese President Xi Jinping are expected to cover trade, economic ties and security issues

South Korea's economy grew in the third quarter at the strongest pace in nearly four years, driven by robust exports and a rebound in consumer spending.

South Korea’s factory activity expands on stronger exports: PMI

Optimism for the year ahead grew to the highest level since May 2022

Strong AI-related demand continues to support Korea’s export performance, underscoring the economy’s reliance on the global chip cycle.

South Korea exports maintain momentum despite tariffs impact

SOUTH Korea’s exports maintained growth momentum in December, easing concerns over global trade protectionism and tariff-related uncertainty that had weighed on the country for much of the year.

Fireworks marked the New Year in cities around the world.

World bids goodbye to 2025 with fireworks and icy plunges

Hopes for the new year include an end to the conflict between Russia and Ukraine

Pork bulgogi is cheap and good.
DINING OUT

Fuss-free Korean comfort at Joong San

The new spinoff by popular eatery Um Yong Baek offers reliable cooking that hits the spot

South Korea's consumer price index rose 2.3 per cent from a year earlier, in line with median forecasts of 2.30 per cent.

South Korea 2025 consumer inflation roughly in line with central bank target

[SEOUL] South Korea’s consumer inflation for 2025 slowed to 2.1 per cent from 2.3 per cent in 2024, official data showed on Wednesday, roughly in line with the Bank of Korea’s target of 2 per cent to ...