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South Korea

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South Korea
South Korea
Latest news, in-depth features and opinion on South Korea, covering politics, economy, society, K-pop and Seoul’s relationships with North Korea, Japan, China and the United States.
Capital
Seoul
Head of State
Lee Jae-myung
Lee Jae Myung
Head of Government
Prime Minister Kim Min-seok
Workers walk outside a data centre building under construction in Johor Bahru Malaysia, on September 28, 2024. Photo: AP
Artificial intelligence

Macroscope | Don’t expect the rising tide of AI to lift all boats

While economies linked to hi-tech supply chains may perform well, unequal outcomes and economic instability still loom for much of the world.

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US-China relations

China accuses US of ignoring Trump, Xi rapport and targeting Chinese firms

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China’s private sector

Chinese political journal calls for ‘patient capital’ amid AI investment frenzy

Style Edit

Style Edit: Chanel’s Métiers d’Art’s dazzling second outing, in Seoul

The maison transported Matthieu Blazy’s dazzling Métiers d’Art debut to Seoul’s Centre Pompidou Hanwha, with Tilda Swinton, G-Dragon and Jennie in attendance.

A model walks the runway at the Chanel Métiers d’Art show in Seoul. Photo: © Suzanne Duchamp / Adagp, Paris, 2026
United States

US hopes South Korea can help turn the tide in fight for naval dominance

While the US has a technological edge, it lags behind China, which has the world’s largest commercial shipbuilding industry, in fleet size.

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Semiconductors

Chinese chipmaker CXMT set for US$4.3b IPO, riding memory boom

Listing would rank behind only SMIC’s on Shanghai’s Star Market, as AI demand boosts memory-chip market.

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Hong Kong stock market

Hong Kong stocks retreat as regional tech volatility offsets short covering

Zhipu AI bucked the downward trend to surge over 11 per cent as volatility surrounding its recent IPO share unlocking began to ease.

Pedestrians cross a street next to an electronic sign board showing the Hang Seng Index in Hong Kong on June 12, 2026. Photo: AFP
US-China trade war

Is China’s biggest daily US soybean order confirmation of Xi-Trump summit pact?

The 472,000 tonnes sold were the most in a single day since November and a ‘positive signal’ of Beijing’s intentions, analysts said.

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United States

Nato summit delivers unity and billions in defence deals, Rutte says

Secretary general says allies are strengthening the alliance after agreeing to higher spending, amid continued pressure from Trump.

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Nato

Nato, Indo-Pacific 4 vow defence, tech boost as China-Russia ties spark alarm

Nato chief Mark Rutte meets top officials from Australia, Japan, New Zealand and South Korea on sidelines of Ankara summit.

Nato Secretary General Mark Rutte (third left) with representatives from the Indo-Pacific Four, (from left) New Zealand Defence Minister Chris Penk, South Korean President Lee Jae Myung, Japanese Foreign Minister Toshimitsu Motegi and Defence Minister Shinjiro Koizumi, and Australia’s defence industry minister, Pat Conroy, in Turkish capital Ankara on Tuesday. Photo: Kyodo
Banking & finance

Hong Kong stocks rise as rallies from Alibaba, SMIC, others lift market sentiment

The Hang Seng Index closed high on Wednesday as investors stood firm and held onto newly unlocked shares following post-IPO lock up expiries.

The Hong Kong Exchanges and Clearing in Exchange Square on June 11. Photo: Jelly Tse
China stock market

Mainland China markets follow US in embracing tech stock dominance

AI boom sees long-time bellwether Kweichow Moutai cede top spot in CSI 300 Index weightings to Zhongjin Innolight.

Defence

Why South Korea is celebrating a Canada submarine deal it lost

Coming a close second to Germany shows ‘K-defence’ can hold its own on the world stage, military experts say.

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Aviation

South Korea’s Incheon airport hits 1 billion passengers in record-breaking time

The airport crossed the mark just 25 years and three months after its opening in March 2001 – outpacing all historic rival global hubs.

Passengers pass through Incheon International Airport in April 2024. Photo: Getty Images
Vietnam

Vietnam bets on baby bonuses to get rich before it grows old

Hanoi is throwing cash and housing at its low birth rate, scrambling to protect an export boom that is fast running out of young workers.

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A pregnant woman holding an umbrella walks past a billboard of a happy family in Hanoi last month. Photo: AFP
SCMP Highlights

Thai beer heir opens up, Philippine ube’s ‘purple gold rush’: 7 Asia highlights

From Hongkongers looking to Malaysia for housing to a Thai beer heir opening up, here are a few highlights from SCMP’s recent Asia reporting.

Malaysia

Australia’s Lynas partners South Korea’s JS Link for Malaysian magnet factory

The factory in Kuantan, which can produce 3,000 tonnes of magnets per annum, is expected to create ‌up to 400 jobs.

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North Korea

‘Let me join’: North Korea flexes naval muscle ahead of China-Russia drills

Pyongyang’s new cruise-missile destroyers are built to project power far beyond home waters, analysts say.

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Multiple cruise missiles are test launched from a North Korean destroyer on Friday in this picture released by Pyongyang’s official Korean Central News Agency. Photo: KCNA/Reuters
Canada

Canada picks German firm for new sub fleet deal, likely strengthening Nato ties

German firm TKMS beats Hanwha Ocean of South Korea to Canadian submarine agreement in a move expected to strengthen ties with Nato.

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Autonomous vehicles

China’s lower tech costs poised to accelerate global robotaxi market: Morgan Stanley

The cost of parts per vehicle for Chinese-made robotaxis was expected to drop to between US$35,000 and US$40,000 in 2027.

Accidents and personal safety

At least 5 injured in crash between bus and luggage trailer at Hong Kong airport

Five people taken to North Lantau Hospital with minor injuries after a manually operated luggage trailer collided with a bus on airport’s south apron.

A manually operated luggage trailer collided with the bus carrying passengers from HK Express flight. Photo: Dickson Lee
Food and Drinks

‘Don’t become a chef’: Napoli Matfia on Hong Kong, time off and more

Korean chef Kwon Sung-jun, winner of Culinary Class Wars season one, reveals why he bought a building in Seoul and his future Hong Kong plans.

Chef Kwon Sung-jun, champion of Netflix’s Culinary Class Wars season one, at Pici in Central, Hong Kong. He talks about Hong Kong, being shy and why “every chef works and dies in the kitchen”. Photo: Jonathan Wong
Foreign exchange market

South Korean won holds steady as historic 24-hour trading begins

The round-the-clock trading is the centrepiece of South Korea’s years-long effort to improve foreign access to local markets.

Hong Kong politics

Opinion | Anti-drug video fiasco not a vote of confidence in Hong Kong’s AI goals

If the authorities can’t use the technology appropriately for one video, one wonders how they can address other concerns posed by artificial intelligence.

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US-China relations

Why the Indo-Pacific might be on the back burner at the Nato summit

Immediate pressures over Ukraine, Iran and spending mean alliance’s concerns about China could be sidelined at Ankara gathering.

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This year’s Nato summit in Ankara will be the first held in Turkey since 2004. Photo: dpa
Fifa World Cup 2026

South Korea’s World Cup loss spurs anger over ‘cartel’ of elites, favouritism

From the president to football fans, South Koreans are asking whether unfairness lies behind the national team’s World Cup collapse.

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South Korea’s head coach Hong Myung-bo (centre) and members of the national football team arrive at Incheon International Airport on Tuesday. Photo: The Korea Times
China travel

Currency advantages, K-beauty fuel Chinese shopping trips, spending in Korea

Chinese tourists in Seoul are turning tourist trips into shopping sprees, as a softer won makes luxury and lifestyle services more affordable.

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China consumption

China unveils recycling push to bolster resource security, shore up green shift

The nation seeks to narrow the gap with regional peers such as Japan and South Korea by establishing a more comprehensive, granular recycling infrastructure.

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