Live News of South Korea March 27, 2024

South Korea To Provide Financial Support For Small Businesses

South Korea is taking proactive measures to support its economy by preparing financial assistance for small businesses and builders. The government's decision to provide this support comes as a response to the economic chaRead More

Asia Stocks Mixed, Yen Approaches Intervention Zone

Asian stocks showed a mixed performance in early trading on Monday, with investors closely monitoring the movements of the yen as it approached the intervention zone. The yen's proximity to this critical level has raised cRead More

Iraq, Australia, And South Korea Advance In Asia's World Cup Preliminaries

On Tuesday, Iraq and Australia secured their spots in the third round of Asia's 2026 World Cup preliminaries with convincing wins over the Philippines and Lebanon, respectively. Iraq dominated the Philippines with a resounRead More

Jimin's 'Like Crazy' Climbs Spotify Charts, Celebrating Song's Anniversary

Jimin of BTS is currently on a short musical break to fulfill his military duties in South Korea. Despite not releasing new music, his hit song 'Like Crazy' continues to perform well on Spotify, climbing to...Read More

Asian Shares Mixed As Global Uncertainties Impact Investor Sentiments

Asian shares experienced a mixed day of trading on Tuesday, with some markets seeing initial buying interest that was later offset by profit-taking activities. Japan's Nikkei 225 index closed nearly unchanged, while AustraRead More

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South Korea Consumer Sentiment Drops Amid Food Inflation Concerns

Consumer sentiment in South Korea has experienced a decline due to concerns surrounding food inflation, according to recent reports. The drop in consumer sentiment is attributed to worries about rising food prices, which hRead More

South Korean Soccer Player Released After Bribery Allegations In China

A South Korean soccer player who was detained in China for nearly a year over bribery allegations has been released and returned home, according to Seoul’s Foreign Ministry. Son Jun-ho, a former member of the South...Read More

Asian Shares Mixed As Investors Await Fed Interest Rate Decision

Asian shares showed a mixed performance on Monday as investors awaited further signals on potential interest rate cuts by the Federal Reserve. Japan's Nikkei 225 declined by 0.7% to 40,619.40, with investors opting to sellRead More

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South Korean Doctors Support Striking Interns Over Admissions Dispute

Senior doctors at numerous hospitals in South Korea are set to submit their resignations in solidarity with medical interns and residents who have been on strike for five weeks. The strike is in response to the...Read More

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Shohei Ohtani To Address Illegal Gambling Allegations

Los Angeles Dodgers star Shohei Ohtani is set to speak to the media on Monday for the first time since allegations of illegal gambling and theft involving him and his interpreter surfaced during the team's recent...Read More

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North Korea Considers Japanese Summit Proposal Amid Growing Tensions

North Korea has announced that Japanese Prime Minister Fumio Kishida has expressed interest in holding a summit with North Korean leader Kim Jong Un. This proposal was conveyed through an unspecified channel, as reported bRead More

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South Korea's Global Market Push Hindered By FX History

South Korea's efforts to expand its market globally have been met with challenges due to its history of foreign exchange (FX) fluctuations. The South Korean won has been a key player in the country's economic landscape,...Read More

China To Lead In Semiconductor Equipment Spending For Next Four Years

China is set to lead the world in equipment spending for 300mm semiconductor factories, with a forecast predicting $30 billion in investments annually for the next four years. This surge in spending is attributed to governRead More

Lee Chang-Dong's Film Retrospective Coming To New York City

South Korean filmmaker Lee Chang-dong, known for his critically acclaimed works, is set to have a retrospective series titled Novel Encounters: the Films of Lee Chang-dong at the Metrograph in New York City. The series, ruRead More

MLB Investigates Illegal Gambling Allegations Involving Dodgers Star

Major League Baseball has initiated a formal investigation into allegations of illegal gambling and theft involving Los Angeles Dodgers standout Shohei Ohtani and his interpreter. The interpreter, Ippei Mizuhara, was releaRead More

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South Korea Held To Draw By Thailand In World Cup Qualifier

South Korea faced a 1-1 draw against Thailand in Seoul during the second round of Asia's preliminaries for the 2026 World Cup. This match marked their first game post the sacking of Juergen Klinsmann following a...Read More

Jennie Of BLACKPINK Makes History On Billboard Radio Songs Chart

Blackpink superstar Jennie has achieved a significant milestone in her music career, making history by debuting on Billboard's Radio Songs chart with her latest hit single, 'One of the Girls.' This accomplishment marks herRead More

Stock Rallies Continue In Asian Markets

Stock markets in Asia continue to rally as investors remain optimistic about the global economic recovery. Despite some concerns about rising inflation and potential interest rate hikes, most major indices in the region arRead More