Netflix co-CEO Ted Sarandos, second from left, speaks with South Korean content creators at an event in Seoul on June 22. (Photo courtesy of Netflix).
Media & Entertainment

Netflix co-CEO praises South Korea's strong storytelling culture

On visit to Seoul, Ted Sarandos promises competitive compensation for creators

22 June 2023
A Terminal High Altitude Area Defense interceptor in Seongju, South Korea, in 2017. China has few options left to economically punish Seoul, which is moving toward another THAAD deployment.
International relations

THAAD missile system agitates South Korea-China ties

Beijing and Seoul have recently traded barbs over Yoon admin's pro-U.S. turn

22 June 2023
Elliott Investment Management filed suit against the South Korean government in 2018 at the Netherlands-based Permanent Court of Arbitration. (Source photos by AP)
Companies

Shareholder activist Elliott claims legal win against South Korea

International court orders Seoul to pay $108.5m to U.S. fund over merger

21 June 2023
Instant noodles on display at a grocery store in Seoul on June 20. (Photo by Steven Borowiec)
Inflation

South Korea instant noodle price spat comes to a boil

Finance minister encouraging manufacturers to lower cost of staple food

21 June 2023
Hyundai Motor is ramping up investment in electric vehicle development amid increasing global competition. 
Automobiles

Hyundai says to invest $85bn by 2032 with focus on EVs

South Korean automaker developing new platform to cut production costs

20 June 2023
Singapore's government anticipates economic growth this year will be driven by exports, particularly of semiconductors. (Photo by Fumito Akiyama)
Startups

Singapore startup ecosystem outranks Shanghai, Seoul, Tokyo

Despite funding winter, city-state surges most to 8th spot on strong M&As

20 June 2023
The nuclear-powered submarine USS Michigan approaches a naval base in Busan, South Korea on June 16. (Yonhap via AP)
Indo-Pacific

In Busan, U.S. Navy runs rehearsal for ballistic submarine visit

A converted Ohio-class vessel arrived in South Korean port last Friday

19 June 2023
Alexis Perakis-Valat, president of the consumer products division at L'Oreal, says the cosmetics maker is moving from "beauty for all" to "beauty for each." (Photo by Natsumi Kawasaki)
Consumer

L'Oreal feels pressure from 'beauty savvy' consumers in Asia

World's biggest cosmetics maker responds with greater product customization

18 June 2023
South Korea's first integrated steelworks, built in close coordination with Japan, opened in June 1973. (Photo courtesy of POSCO)
Companies

POSCO's Pohang steel plant: origin of Japan-South Korea cooperation

South's postwar miracle powered by steelworkers from both countries

17 June 2023
Some places in South Korea have seen sea salt prices rise 32% since December.
Commodities

South Korea sea salt prices spike amid fears of Fukushima wastewater

Buyers appear to be hoarding before Japan releases treated water off Pacific coast

17 June 2023
South Korean President Yoon Suk Yeol has criticized Chinese Ambassador Xing Haiming's comments about Seoul's China policy.
International relations

Diplomatic spat reveals South Korea's pivot to hard line on China

Beijing envoy's criticism meets with fierce response from Seoul

16 June 2023
Kim Tae-han performs some of his favorites, including parts of Wagner's "Tannhauser." (Courtesy of Queen Elisabeth Competition)
Arts

South Korean baritone hits high note with surprise European win

Kim Tae-han first Asian male opera singer to clinch Queen Elisabeth prize

15 June 2023
NATO headquarters in Brussels. The alliance is deepening partnerships with the AP4 nations of the Indo-Pacific.
Indo-Pacific

NATO to upgrade ties with Australia, New Zealand, South Korea

Together with Japan, four nations will have tailored partnership programs

13 June 2023
A rocket believed to be North Korea's Chollima-1 is launched on May 31. The rocket later failed, falling into the Yellow Sea. (KCNA via Reuters)
Defense

China and South Korea race to recover North Korean satellite debris

Sunken remains seen shedding light on Pyongyang's technological advancements

13 June 2023
Presidents Joe Biden and Yoon Suk Yeol, with Samsung Electronics Vice Chairman Lee Jae-yong at a Samsung campus in May 2022. With South Korea in the middle, Yoon has referred to the chip industry competition between the U.S. and China as "all-out war." 
Semiconductors

Ex-Samsung executive indicted for stealing trade secrets for China

Prosecutors say leaks deal $233m blow to South Korean chipmaker

12 June 2023
Former Japanese Prime Minister Yoshihide Suga gives an interview to Nikkei on June 8. (Photo by Tomoki Mera)
Interview

Solving North Korea abductions is 'race against time': Japan ex-PM Suga

Tokyo and Seoul should work together under 'unwavering' Yoon, former leader says

10 June 2023
Arsjad Rasjid, chairman of the ASEAN Business Advisory Council, says an "economic cold war" has forced Southeast Asian companies to create "China and non-China" portfolios. (Photo by Yuki Kohara) 
Interview

ASEAN caught in 'economic cold war' over China: business lobby head

Indonesian executive urges nimbler Japan Inc. to match other foreign investors

9 June 2023
South Korean President Yoon Suk Yeol, left, and Japanese Prime Minister Fumio Kishida wrap up a joint press conference in Tokyo on March 16. (Photo by Uichiro Kasai)
Japan-South Korea ties

South Korea signals closer ties with Japan in new security strategy

Yoon administration document calls North Korea's nuclear weapons the top threat

8 June 2023
An image released by North Korea's state-run Korean Central News Agency shows what appears to be the country's new Chollima-1 rocket being launched in Cholsan, North Korea, on May 31. (KCNA/Reuters)
The Nikkei View

Trust between Tokyo, Seoul essential for regional security

Two democracies should extend current positive momentum to more fields

7 June 2023
North Korean leader Kim Jong Un has overseen a rapid buildup of the country's ballistic weapons program -- and, analysts say, a cybercrime spree. (Photo by KCNA via Reuters)
N Korea at crossroads

North Korea gets half its foreign currency from cyber theft: U.S. official

Washington seeks clampdown on funding from hacking and tech work abroad

5 June 2023
Rockets are fired during U.S.-South Korea military exercises in Pocheon, South Korea, on May 25.
Defense

South Korea conducts drills on border islands near North Korea

Military steps up range of joint exercises as tensions escalate

2 June 2023
The Hwasong-81 intercontinental ballistic missile is one of a number of new weapons that North Korea has unveiled in recent years. (KCNA via Reuters)
N Korea at crossroads

North Korea seizes on global rifts to further military ambitions

Failed satellite launch can still contribute to fast-advancing missile program

1 June 2023
A Japan Maritime Self-Defense Force P-1 patrol plane, like the one pictured here, was involved in a radar lock on dispute in December 2018. (Photo by Kei Higuchi)
Japan-South Korea ties

Japan, South Korea near resolution to 2018 radar lock-on dispute

Yoon administration set to remove naval guidelines protested by Tokyo

31 May 2023
A TV broadcast in Seoul covers North Korea's launch of what it called a space satellite on May 31.
Defense

Seoul's 'mistaken' North Korea alert highlights safety dilemma

Morning confusion prompts criticism; mayor says 'excessive' action better than none

31 May 2023
North Korean leader Kim Jong Un and his daughter Kim Ju Ae meet with members of the Non-permanent Satellite Launch Preparatory Committee as he inspects the country's first military reconnaissance satellite in Pyongyang on May 16.
Defense

North Korea fails to launch satellite: state media

Attempt comes as Japan, U.S. and South Korea align defenses

31 May 2023