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KAI Rolls Out First Mass-Production KF-21 Boramae Fighter Jet
Korea Aerospace Industries has unveiled the first mass-production unit of its KF-21 Boramae fighter, marking the program's shift from prototype testing to full-scale serial manufacturing.
Top stories
Kim Jong-un's Strategic Fortunes Rebound as Russia, China and the US All Come Courting
South Korea, U.S. Foreign Ministers Pledge Closer Coordination on North Korea
Siemens and HD Hyundai to Build AI-Powered Digital Shipyard for U.S. Shipbuilding
HD Hyundai Eyes US Shipyard Acquisition to Boost MASGA Project
Latest News
View allKAI Rolls Out First Mass-Production KF-21 Boramae Fighter Jet
Korea Aerospace Industries has unveiled the first mass-production unit of its KF-21 Boramae fighter, marking the program's shift from prototype testing to full-scale serial manufacturing.
KAI Signs $460 Million Deal to Add Air-to-Ground Strike Capability to KF-21 Fighter
Korea Aerospace Industries has signed a 685.9 billion won contract with South Korea's defense procurement agency to test and integrate ground-attack capabilities into the KF-21 Boramae fighter, expanding the jet's role beyond air-to-air combat.
Kim Jong-un's Strategic Fortunes Rebound as Russia, China and the US All Come Courting
Five years after admitting his economic plans had largely failed, North Korea's leader now enjoys renewed leverage, with Moscow, Beijing and Washington all seeking closer ties even as a flagship beach resort struggles to attract tourists.
KOSPI and KOSDAQ Surge Over 1.6% as Samsung, SK Hynix Lead Chip Rally
South Korea's KOSPI and KOSDAQ indices jumped more than 1.6% on August 26 as Samsung Electronics and SK Hynix led a semiconductor-driven rebound. Falling oil prices and renewed appetite for chip stocks ahead of global AI earnings lifted sentiment across the board.
How Power Really Works in North Korea: Kim Jong Un, the Party and the Army
A new Council on Foreign Relations backgrounder maps out how Kim Jong Un has concentrated authority in himself and the Workers' Party of Korea, reshaping the military's role and keeping elites on edge through periodic purges.
Hyundai Glovis Shares Climb as Investors Cheer Record Quarterly Revenue
Shares of Hyundai Glovis rose in morning trading on the Korea Exchange, extending recent gains as investors responded positively to the logistics affiliate's latest quarterly results and improved profit outlook.
South Korea, U.S. Foreign Ministers Pledge Closer Coordination on North Korea
Foreign Minister Cho Hyun and Secretary of State Marco Rubio agreed in a phone call to tighten coordination on North Korea policy, as the allies work through friction over military drills, Iran and trade.
Busan Film Festival Unveils 23 Films for Vision Korea and Vision Asia Sections
The Busan International Film Festival has revealed 23 titles chosen for its Vision Korea and Vision Asia programs, highlighting rising filmmaking talent ahead of the festival's 2026 edition.
HD Hyundai Marine Engine Lands KRW 40.5 Billion Engine Supply Deal with Daehan Shipbuilding
HD Hyundai Marine Engine has signed a roughly KRW 40.5 billion contract to supply ship engines to Daehan Shipbuilding, deepening its role as a core partner in Korea's shipbuilding supply chain.
HD Hyundai Heavy Industries Secures 469.9 Billion Won Shipbuilding Order
HD Hyundai Heavy Industries disclosed a new vessel contract worth 469.9 billion won in a regulatory filing, the latest in a run of large shipbuilding deals for the company.
Siemens and HD Hyundai to Build AI-Powered Digital Shipyard for U.S. Shipbuilding
Siemens and HD Hyundai signed a nine-figure deal to create an AI-driven digital shipyard model aimed at modernizing U.S. shipbuilding, deploying Siemens' Xcelerator software across design, production and lifecycle management.
HD Hyundai Eyes US Shipyard Acquisition to Boost MASGA Project
HD Hyundai has opened negotiations to acquire a shipyard in the United States as part of the MASGA initiative to expand American shipbuilding capacity and support US warship construction.
News Wire · 200 stories
Hanwha Group to Invest $299 Million in Its US Defense Subsidiaries
August 2026 K-Pop Comeback Schedule: Stray Kids, ENHYPEN, Jennie and Taemin Lead a Packed Month
Kim Sae-ron's Family to Sue YouTuber Lee Jin-ho Amid Kim Soo-hyun Dating Scandal
Netflix Confirms October 2026 Global Rollout for New K-Drama '100 Days of Deception'
Wang Yi's Seoul Visit Leaves South Korea Diplomatically Squeezed
China's Wang Yi Courts Seoul With 'Strategic Autonomy' Pitch Amid Strains in US Alliance
Korea Investment Cuts E-mart Target 15% on Starbucks Losses
Doosan Enerbility Wins Manufacturing Contract for TerraPower's Natrium Reactor
Coupang Files SEC Disclosure Detailing Farfetch Acquisition Transactions
South Korea's Early Exports Surge, Bolstering Case for More Rate Hikes
Samsung, SK Hynix Post Record Q2 Profits as AI Memory Boom Reshapes Korean Economy
As Trump Courts Kim, North Korea Raises Its Price While Seoul Fears Being Sidelined
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South Korea
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North Korea
See allKim Jong-un's Strategic Fortunes Rebound as Russia, China and the US All Come Courting
Five years after admitting his economic plans had largely failed, North Korea's leader now enjoys renewed leverage, with Moscow, Beijing and Washington all seeking closer ties even as a flagship beach resort struggles to attract tourists.
How Power Really Works in North Korea: Kim Jong Un, the Party and the Army
A new Council on Foreign Relations backgrounder maps out how Kim Jong Un has concentrated authority in himself and the Workers' Party of Korea, reshaping the military's role and keeping elites on edge through periodic purges.
North Korea Keeps China at Arm's Length Even as Ties With Russia Deepen
A new analysis from 38 North finds Pyongyang is still holding back public displays of warmth toward Beijing even as it aligns more closely with China on security issues, in sharp contrast to its increasingly effusive language toward Moscow.
World
See allHD Hyundai Marine Engine Lands KRW 40.5 Billion Engine Supply Deal with Daehan Shipbuilding
HD Hyundai Marine Engine has signed a roughly KRW 40.5 billion contract to supply ship engines to Daehan Shipbuilding, deepening its role as a core partner in Korea's shipbuilding supply chain.
HD Hyundai Heavy Industries Secures 469.9 Billion Won Shipbuilding Order
HD Hyundai Heavy Industries disclosed a new vessel contract worth 469.9 billion won in a regulatory filing, the latest in a run of large shipbuilding deals for the company.
Siemens and HD Hyundai to Build AI-Powered Digital Shipyard for U.S. Shipbuilding
Siemens and HD Hyundai signed a nine-figure deal to create an AI-driven digital shipyard model aimed at modernizing U.S. shipbuilding, deploying Siemens' Xcelerator software across design, production and lifecycle management.
Economy
See allKOSPI and KOSDAQ Surge Over 1.6% as Samsung, SK Hynix Lead Chip Rally
South Korea's KOSPI and KOSDAQ indices jumped more than 1.6% on August 26 as Samsung Electronics and SK Hynix led a semiconductor-driven rebound. Falling oil prices and renewed appetite for chip stocks ahead of global AI earnings lifted sentiment across the board.
South Korea's Early Exports Surge, Bolstering Case for More Rate Hikes
South Korea's preliminary export figures for the first 20 days of the month extended their upward run, propelled by booming demand for AI-related chips, adding pressure on the Bank of Korea to keep tightening policy.
Samsung, SK Hynix Post Record Q2 Profits as AI Memory Boom Reshapes Korean Economy
Samsung Electronics and SK Hynix posted a combined operating profit of roughly $104 billion in the second quarter of 2026, a windfall driven by surging demand for AI memory chips that is now drawing attention from Washington and domestic shareholders alike.
Companies
See allHD Hyundai Marine Engine Lands KRW 40.5 Billion Engine Supply Deal with Daehan Shipbuilding
HD Hyundai Marine Engine has signed a roughly KRW 40.5 billion contract to supply ship engines to Daehan Shipbuilding, deepening its role as a core partner in Korea's shipbuilding supply chain.
HD Hyundai Heavy Industries Secures 469.9 Billion Won Shipbuilding Order
HD Hyundai Heavy Industries disclosed a new vessel contract worth 469.9 billion won in a regulatory filing, the latest in a run of large shipbuilding deals for the company.
Siemens and HD Hyundai to Build AI-Powered Digital Shipyard for U.S. Shipbuilding
Siemens and HD Hyundai signed a nine-figure deal to create an AI-driven digital shipyard model aimed at modernizing U.S. shipbuilding, deploying Siemens' Xcelerator software across design, production and lifecycle management.
Technology
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Korean Air Rolls Out Generative AI System to Speed Up Aircraft Maintenance Analysis
Korean Air has begun operating a new generative AI-powered system, built with LG CNS and AWS, that lets mechanics query maintenance records in plain language and automatically surfaces defect trends across its fleet.
LG Display's OLED Shines Through Restructuring as CEO's Profit Push Takes Shape
LG Display's OLED business is regaining momentum even as the company works through the aftermath of restructuring, with CEO Jeong Cheol-dong's profitability-first strategy becoming increasingly visible across operations.
LG Display Bets on OLED, Sees Signals of Second-Half Rebound
LG Display's pivot away from low-margin LCD toward high-value OLED is lifting profitability, with OLED reaching 60% of first-quarter revenue and executives forecasting an earnings recovery in the second half.
Hyundai
See allSouth Korean Won Eases on Escalating US Tariff Risks
The South Korean won slipped toward 1,446 per dollar as renewed threats of US tariffs, including a possible Section 301 probe, rattled investors and clouded the outlook for the country's key exports.
KOSPI Briefly Tops 7,000 as Samsung Electronics and SK Hynix Extend Rally
South Korea's KOSPI benchmark surged past the 7,000-point mark for the first time in 15 sessions on Friday, as chip giants Samsung Electronics and SK Hynix led gains on the back of a strong Wall Street session and easing US inflation fears.
Samsung, SK Hynix Slide, but Warmth Spreads Across KOSPI and KOSDAQ
South Korea's stock market split on August 4 as chip giants Samsung Electronics and SK Hynix each dropped more than 3%, dragging the KOSPI lower even as advancing stocks vastly outnumbered decliners and the KOSDAQ jumped 5.11% to trigger a buy sidecar for a third straight session.
Kia
See allSamsung
See allKOSPI and KOSDAQ Surge Over 1.6% as Samsung, SK Hynix Lead Chip Rally
South Korea's KOSPI and KOSDAQ indices jumped more than 1.6% on August 26 as Samsung Electronics and SK Hynix led a semiconductor-driven rebound. Falling oil prices and renewed appetite for chip stocks ahead of global AI earnings lifted sentiment across the board.
South Korea's Early Exports Surge, Bolstering Case for More Rate Hikes
South Korea's preliminary export figures for the first 20 days of the month extended their upward run, propelled by booming demand for AI-related chips, adding pressure on the Bank of Korea to keep tightening policy.
Samsung, SK Hynix Post Record Q2 Profits as AI Memory Boom Reshapes Korean Economy
Samsung Electronics and SK Hynix posted a combined operating profit of roughly $104 billion in the second quarter of 2026, a windfall driven by surging demand for AI memory chips that is now drawing attention from Washington and domestic shareholders alike.
LG
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AI
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Nvidia and SK Group Forge $500 Billion AI Partnership to Build Massive Data Centers and Next-Gen Memory Supply
Nvidia and SK Group have signed letters of intent for a strategic partnership worth more than $500 billion, combining a long-term SK hynix memory supply deal with SK Telecom's plan to build a 2-gigawatt AI data center powered by Nvidia's next-generation systems.
SK Telecom Accelerates AI Data Center Expansion, Eyes Southeast Asia
SK Telecom unveiled plans to scale its Ulsan AI data center to 1 gigawatt capacity and expand into Vietnam, as the carrier pushes to become a full-stack AI data center developer.
SK Telecom Unveils 15GW AI Data Center Plan to Position Korea as Asia's AI Hub
SK Telecom announced a plan to build up to 15 gigawatts of AI data center capacity in South Korea, mobilizing SK Group's full-stack capabilities as it seeks to turn the country into Asia's leading AI infrastructure hub.
Politics
See allKAI Rolls Out First Mass-Production KF-21 Boramae Fighter Jet
Korea Aerospace Industries has unveiled the first mass-production unit of its KF-21 Boramae fighter, marking the program's shift from prototype testing to full-scale serial manufacturing.
KAI Signs $460 Million Deal to Add Air-to-Ground Strike Capability to KF-21 Fighter
Korea Aerospace Industries has signed a 685.9 billion won contract with South Korea's defense procurement agency to test and integrate ground-attack capabilities into the KF-21 Boramae fighter, expanding the jet's role beyond air-to-air combat.
Kim Jong-un's Strategic Fortunes Rebound as Russia, China and the US All Come Courting
Five years after admitting his economic plans had largely failed, North Korea's leader now enjoys renewed leverage, with Moscow, Beijing and Washington all seeking closer ties even as a flagship beach resort struggles to attract tourists.
Defense
See allKAI Rolls Out First Mass-Production KF-21 Boramae Fighter Jet
Korea Aerospace Industries has unveiled the first mass-production unit of its KF-21 Boramae fighter, marking the program's shift from prototype testing to full-scale serial manufacturing.
KAI Signs $460 Million Deal to Add Air-to-Ground Strike Capability to KF-21 Fighter
Korea Aerospace Industries has signed a 685.9 billion won contract with South Korea's defense procurement agency to test and integrate ground-attack capabilities into the KF-21 Boramae fighter, expanding the jet's role beyond air-to-air combat.
Hanwha Group to Invest $299 Million in Its US Defense Subsidiaries
Hanwha Group is pouring $299 million into two of its American units, Hanwha Defense USA and Hanwha Futureproof, as it accelerates its push into the U.S. defense procurement market. The move comes days after Hanwha Defense USA was picked as the sole contractor for a U.S. Army wheeled artillery prototype program.
Financial Markets
See allHyundai Glovis Shares Climb as Investors Cheer Record Quarterly Revenue
Shares of Hyundai Glovis rose in morning trading on the Korea Exchange, extending recent gains as investors responded positively to the logistics affiliate's latest quarterly results and improved profit outlook.
Korea Investment Cuts E-mart Target 15% on Starbucks Losses
Korea Investment & Securities slashed its target price for E-mart by nearly 15% to 115,000 won, warning that mounting losses at Starbucks Korea and a stalled e-commerce turnaround will drag down second-quarter earnings.
Loan Fraud Hits Major Banks: KB Kookmin, Shinhan, Woori and IBK Lose 49 Billion Won
KB Kookmin Bank has disclosed a roughly 3.58 billion won fraud loss tied to a property-development loan scam that also hit Shinhan, Woori and IBK, with combined damages across the four lenders now revised up to about 49 billion won.
Games
See allBusan Film Festival Unveils 23 Films for Vision Korea and Vision Asia Sections
The Busan International Film Festival has revealed 23 titles chosen for its Vision Korea and Vision Asia programs, highlighting rising filmmaking talent ahead of the festival's 2026 edition.
August 2026 K-Pop Comeback Schedule: Stray Kids, ENHYPEN, Jennie and Taemin Lead a Packed Month
More than two dozen K-pop acts, from Stray Kids and ENHYPEN to solo stars Jennie and Taemin, are set to release new music or debut throughout August 2026, according to an updated industry schedule.
Kim Sae-ron's Family to Sue YouTuber Lee Jin-ho Amid Kim Soo-hyun Dating Scandal
The family of late actress Kim Sae-ron is set to file a defamation complaint against YouTuber Lee Jin-ho, adding a new legal front to the ongoing scandal involving actor Kim Soo-hyun.
K-pop
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August 2026 K-Pop Comeback Schedule: Stray Kids, ENHYPEN, Jennie and Taemin Lead a Packed Month
More than two dozen K-pop acts, from Stray Kids and ENHYPEN to solo stars Jennie and Taemin, are set to release new music or debut throughout August 2026, according to an updated industry schedule.
HYBE Shares Slide From ₩410,000 to ₩160,000, Wiping Out Over ₩1 Trillion From Bang Si-hyuk's Stake
HYBE Chairman Bang Si-hyuk's stock wealth shrank by more than 1.4 trillion won in the second quarter, the sharpest drop among 46 major Korean conglomerate owners, even as the company posted record earnings on the back of BTS's full-group comeback.
HYBE's New Girl Group Tuide to Debut Aug. 24 With EP 'Tune & Play'
Tuide, the first girl group from HYBE's new label ABD, will debut on Aug. 24 with its first EP 'Tune & Play,' bringing together seven teenage members from Korea, the United States, Britain and Japan.
Dramas
See allBusan Film Festival Unveils 23 Films for Vision Korea and Vision Asia Sections
The Busan International Film Festival has revealed 23 titles chosen for its Vision Korea and Vision Asia programs, highlighting rising filmmaking talent ahead of the festival's 2026 edition.
August 2026 K-Pop Comeback Schedule: Stray Kids, ENHYPEN, Jennie and Taemin Lead a Packed Month
More than two dozen K-pop acts, from Stray Kids and ENHYPEN to solo stars Jennie and Taemin, are set to release new music or debut throughout August 2026, according to an updated industry schedule.
Kim Sae-ron's Family to Sue YouTuber Lee Jin-ho Amid Kim Soo-hyun Dating Scandal
The family of late actress Kim Sae-ron is set to file a defamation complaint against YouTuber Lee Jin-ho, adding a new legal front to the ongoing scandal involving actor Kim Soo-hyun.
Culture
See allBusan Film Festival Unveils 23 Films for Vision Korea and Vision Asia Sections
The Busan International Film Festival has revealed 23 titles chosen for its Vision Korea and Vision Asia programs, highlighting rising filmmaking talent ahead of the festival's 2026 edition.
August 2026 K-Pop Comeback Schedule: Stray Kids, ENHYPEN, Jennie and Taemin Lead a Packed Month
More than two dozen K-pop acts, from Stray Kids and ENHYPEN to solo stars Jennie and Taemin, are set to release new music or debut throughout August 2026, according to an updated industry schedule.
Kim Sae-ron's Family to Sue YouTuber Lee Jin-ho Amid Kim Soo-hyun Dating Scandal
The family of late actress Kim Sae-ron is set to file a defamation complaint against YouTuber Lee Jin-ho, adding a new legal front to the ongoing scandal involving actor Kim Soo-hyun.
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