South Korea

The total market capitalization of Korean-listed companies has surged more than 45 per cent this year to $4.04 trillion, while the UK's has climbed about 3 per cent to $3.99 trillion

Its cautious outlook comes after the automaker said earlier this month that its exports to Europe and North Africa, which typically transit through the West Asia

New framework with South Korea links shipyard capacity, technology and orders to India's push to reduce reliance on foreign carriers

Prime Minister Narendra Modi and South Korean President Lee Jae-myung exchanged several MoUs, with both sides agreeing to deepen cooperation in strategic sectors, including shipbuilding

Goyal said the two sides have agreed to upgrade the India-Korea Comprehensive Economic Partnership Agreement on a "fast-track, mission mode" basis

South Korean President Lee Jae Myung is in India for a three-day visit, the first South Korean presidential state visit to the country in eight years

Following delegation-level talks, PM Modi and South Korean President Lee witnessed the exchange of several MoUs between India and South Korea, aimed at deepening bilateral cooperation

The Japanese government activated its top-tier crisis management protocols to ensure public safety and regional stability in the face of the renewed provocation

PM Modi and South Korea's Lee Jae Myung are due to hold a summit on April 20, with talks expected to cover cooperation in areas such as shipbuilding, artificial intelligence and defence

KCNA said tests showed tactical ballistic missiles with cluster warheads could "reduce to ashes" targets spanning 6.5-7 hectares with high-density impact

North Korea fired several short-range ballistic missiles toward the sea Wednesday in its second launch event in two days, South Korea's military said, hours after a senior North Korean official released crude insults against Seoul's hopes for warmer relations. South Korea's Joint Chiefs of Staff said the missiles lifted off from North Korea's eastern coastal Wonsan area and flew about 240 kilometers (150 miles) each in a direction toward the North's eastern waters. It said South Korea maintains a readiness to repel any provocations by North Korea under a solid military alliance with the United States. Seoul later said North Korea fired an additional ballistic missile toward its eastern waters without giving further details. The South Korean military said it had also detected the launch of an unidentified projectile around North Korea's capital region Tuesday. It said South Korean and US intelligence authorities were analyzing details of Tuesday's launch. South Korean media reported

The launch took place days after a North Korean statement conveyed leader Kim Jong Un's rare praise for Lee in response to his apology over the drones

French President Emmanuel Macron and South Korean President Lee Jae Myung agreed on Friday to work together to help reopen the Strait of Hormuz and ease global economic uncertainties caused by the war in the Middle East. Their summit in Seoul came as US President Donald Trump slammed allies for not supporting the US and Israeli war against Iran. Macron was making his first visit to South Korea since taking office in 2017 as part of an Asian tour that already has taken him to Japan. Macron told Lee at the start of the meeting that the two countries can play a role in helping to stabilise the situation in the Middle East, including the Strait of Hormuz, according to South Korean media. At a joint televised briefing afterwards, Macron underscored the need for France and South Korea to cooperate to help reopen the strait and de-escalate Middle East animosities, while Lee said the two affirmed "their resolve to cooperate to secure the safe shipping route in the Strait of Hormuz." The tw

Lee highlighted that disruptions in global energy supply--particularly due to virtual blockades around the Strait of Hormuz have significantly pushed up fuel prices

North Korean leader Kim Jong Un has pledged to irreversibly cement his country's status as a nuclear power while maintaining a hard-line stance toward South Korea, which he called "most hostile", state media said Tuesday. In a speech Monday to Pyongyang's rubber-stamp parliament, Kim accused the United States of global "state terrorism and aggression" in an apparent reference to the war in the Middle East, and said the North will play a more forceful role in a united front against Washington amid rising anti-American sentiment. But Kim didn't call out US President Donald Trump by name and said whether his adversaries "choose confrontation or peaceful coexistence is up to them, and we are prepared to respond to any choice". His comments largely aligned with his statements at last month's ruling Workers' Party Congress, where he vilified Seoul but left open the door for dialogue with the Trump administration, urging Washington to drop its demands for the North's nuclear disarmament as

The last-minute cancellation comes as the effective closure of the Strait of Hormuz is piling pressure on Washington and on major importers of oil, gas and fuels from the Persian Gulf

Wipro expands its South Korea operations with a new innovation lab, larger office in Seoul, and investments in local talent to support AI-led transformation

Wipro on Monday announced expansion of its business operations in South Korea, with a larger office footprint in Seoul and the launch of an Innovation Lab. With the launch of the Seoul Innovation Lab, Wipro now operates nine such facilities globally. The new lab will focus primarily on technology, automotive, and industrial sectors, supporting use cases such as intelligent product engineering, software-defined vehicles, smart manufacturing, supply chain optimisation, and AI-enabled operations. "Wipro Limited...announced the expansion of its business operations in South Korea, reinforcing the country's position as a strategic growth market for Wipro. The expansion includes an enlarged office footprint in Seoul, the launch of a new Innovation Lab, as part of the Wipro Innovation Network (WIN), and continued investment in local talent to support South Korean clients locally and globally," the Bengaluru-headquartered IT company said in a release. The latest move underlines the country's

South Korean rescue workers on Saturday recovered 10 bodies from the charred wreckage of an auto parts factory in the central city of Daejeon, where a blaze likely triggered by an explosion injured at least 59 others and left four missing. The Ministry of the Interior and Safety said 25 people were seriously injured but officials didn't immediately confirm whether any were in life-threatening condition. More than 500 firefighters, police and emergency personnel were deployed to contain the fire and conduct rescue operations after the fire broke out Friday afternoon. Videos and photos from the scene showed thick grey smoke billowing from the complex and some workers jumping from a building. Nam Deuk-woo, fire chief of the city's Daedeok district, said the blaze destroyed a factory building that firefighters initially could not enter over fears it might collapse. Searches for the missing workers began late Friday after officials deployed unmanned firefighting robots to cool the ...