South Korea
Singtel, KKR-owned STT GDC opens its first South Korean data centre to tap AI boom
30 MW facility will be jointly operated by STT GDC and Hyosung Heavy Industries
Starbucks Korea to give staff history training after backlash over ‘Tank Day’ marketing campaign
The coffee chain faces widespread criticism in South Korea and suffers a “very significant” drop in sales after the campaign in May
South Korea watchdog probes brokerage over failed SpaceX IPO share allocation
The move comes after Mirae Asset failed to secure SpaceX shares despite accepting investor deposits
South Korea court sentences ex-president Yoon to 30-year jail term in drone case
The Seoul Central District Court finds him guilty of abuse of power and aiding the enemy
South Korea fines Coupang record 624.7 billion won for data leak
The e-commerce giant is widely popular in the country and is based in the US
South Korea inspects major FX banks for destabilising won trades
Its Customs Service uncovers 415.4 billion won in illegal FX transactions at 38 firms between January and May
South Korea’s SK Hynix eyes US listing as soon as August: sources
In March, a source has said the offering could raise as much as US$14 billion
Keppel enters South Korea’s data centre market with 60 MW greenfield project
It marks the second investment by its private fund, Keppel Data Centre Fund III
South Korea names first female PM in decades to lead AI push
She would become the first woman to hold the post since former PM Han Myeong Sook in 2006
South Korea unveils measures to stem won slide, curb speculation
These include tighter scrutiny of offshore currency derivatives and probes into potentially illegal FX transactions