South Korean Ex-Premier Gets 23 Years in Prison
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South Korea's economic growth slowed in the final quarter of last year as a sharp slump in construction investment, coupled with a pullback in exports.
South Koreans detained in Cambodia for alleged involvement in online scams will be brought back home this week to face criminal investigation.
South Korea's economy unexpectedly shrank in the final quarter of 2025, marking the biggest slump in three years on weaker investment and exports, but the global AI boom is set to improve the outlook and allow the central bank to retain its steady rates stance.
SEOUL: South Korea's stock benchmark topped 5,000 points for the first time on Thursday, powered by gains in chip firms and automakers on artificial intelligence optimism, reaching a level promised by President Lee Jae Myung in just over six months since he took office.
South Korea's Parata Air plans to enter the North American market after tentative approval from the U.S. government for flights to the United States.
The slowdown underscores how policy options to stimulate growth are constrained by a wobbly currency and mounting financial risks.
Lee Jae Myung criticises his own defence minister for failing to detect drone launches into neighbouring country
AI models would now be required to take greater responsibility for addressing deepfake content and AI-generated misinformation.
Seoul hopes its new AI Basic Act will position the country as a leader in the field, taking effect in South Korea sooner than a comparable effort in Europe.
South Korea's special prosecution team said on Thursday it has filed an appeal after a court sentenced former President Yoon Suk Yeol on charges including obstructing attempts to arrest him following his failed bid to impose martial law.