Keywords: Seoul


South Korean court acquits former president Yoon Suk Yeol in ex-defense minister case

A Seoul court has acquitted former South Korean President Yoon Suk Yeol of charges related to allegations that he helped a former defense minister avoid a criminal investigation by appointing him as the country’s ambassador to Australia. The Seoul Central District Court cleared Yoon of several......

South Korea denies report it is considering sending troops to the Strait of Hormuz

South Korea has denied a report suggesting that Seoul is considering deploying military personnel to the Strait of Hormuz, saying that no decision has been made on the details of its potential contribution to regional security. The South Korean presidential office, known as the Blue House, said Thursday......

South Korea: Medical Tourism Surpasses 2 Million Foreign Visitors

South Korea confirms its status as a major destination for medical tourism. Over two million foreigners visited the country in 2025 for medical, dental, or surgical care, while spending related to this activity continues to rise, particularly in dermatology and aesthetic surgery. Medicine is becoming......

South Korea faces record-breaking heatwave as deaths and heat-related illnesses rise

South Korea is experiencing one of the most severe heatwaves in its recent history, with record-breaking temperatures placing millions of people at risk and prompting authorities to strengthen emergency response measures across the country. Government officials have confirmed that at least 16 people......

Seoul stock market surges 16% as tech giants rebound after AI profitability fears

South Korea's stock market posted a sharp rebound on Friday, with the benchmark Kospi index soaring more than 16% after a turbulent week dominated by investor concerns over the future profitability of artificial intelligence investments. The dramatic recovery reflects renewed confidence in the country's......

South Korea court orders SK Group chairman to pay €566 million in landmark divorce ruling

The long-running legal dispute involving SK Group Chairman Chey Tae-won reached a new milestone after a South Korean court ordered him to pay 944 billion won (approximately €566 million) to his former wife, Roh Soh-yeong, in one of the country's largest divorce settlements. The decision, delivered......

Seoul Mayor Oh Se-hoon convicted over political funds case linked to 2021 election

A South Korean court has convicted Seoul Mayor Oh Se-hoon in a political funding case connected to opinion polling conducted before the 2021 Seoul mayoral by-election, according to local media reports. The ruling found that Oh violated the country's Political Funds Act by receiving polling services......

Tokyo and Seoul stocks tumble as investors question AI profitability

Asian equity markets came under heavy selling pressure on Thursday as growing investor concerns over the profitability of artificial intelligence investments triggered a sharp decline in technology shares, sending benchmark indices in Tokyo and Seoul significantly lower. The sell-off was led by semiconductor......

South Korean court suspends regulator’s designation of Coupang founder as controlling shareholder

A South Korean court has temporarily suspended a decision by the country's Fair Trade Commission (FTC) to designate Coupang founder Kim Bom as the company's controlling entity, marking a significant development in an ongoing legal dispute over corporate governance. The ruling by the Seoul High......