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South Korea Unveils Measures to Stem Won Slide, Curb Speculation
A worker moves bundles of South Korean 10,000 won banknotes at the Bank of Korea (BOK) headquarters ahead of the Lunar New Year in Seoul, South Korea, on Wednesday, Feb. 11, 2026. South Korea is likely to roll out around 10 trillion won ($6.8 billion) in fresh fiscal stimulus as early as March to address uneven economic growth, with support expected for sectors including culture and the arts, Citigroup said in a January report.
North Korea unveils nuclear weapons fuel production plant
North Korea unveils nuclear weapons fuel production plant June 4, 2026North Korea on Thursday unveiled a new facility to produce weapons-grade uranium for nuclear bombs, as leader Kim Jong Un pledged to bolster the country's nuclear forces "at an exponential rate." The country's state-run news agency KCNA said the plant has "more sophisticated technology" but didn't provide further details. It is unclear how long the plant has been operating or where it is located.
North Korea unveils new nuclear fuel facility, vows 'exponential' expansion of nuclear arsenal
North Korea unveils new nuclear fuel facility, vows 'exponential' expansion of nuclear arsenal North Korea on Thursday unveiled a new facility believed to produce fuel for nuclear weapons, with leader Kim Jong Un pledging to expand the country's nuclear forces “at an exponential rate.” State media said the plant uses advanced technology, while photos suggested it may be a uranium enrichment facility. North Korea on Thursday unveiled a new facility to produce nuclear bomb fuels, with leader...
South Korea's KOSPI craters nearly 9% as Fed fears hammer tech stocks
South Korea's KOSPI craters over 8% as Fed fears spark tech rout SEOUL, June 8 : South Korea's stock benchmark plunged over 8 per cent on Monday, tripping circuit breakers, after robust U.S. jobs data lifted bets on a Federal Reserve rate hike and unleashed a selloff in the tech‑heavy market that had powered the broader AI rally. The KOSPI fell 8.3 per cent to close at 7,484.41, marking its biggest daily fall since March 4. The index is now 15 per cent below the peak of 8,801.49 hit on June 2.
From barbecue diplomacy to AI deals: Five takeaways from Nvidia CEO Jensen Huang’s Asia tour
From barbecue diplomacy to AI deals: Five takeaways from Nvidia CEO Jensen Huang’s Asia tour Even as fans trailed him through Taipei and Seoul, Jensen Huang's visit revealed something more consequential - a glimpse into Nvidia's plans to stay on top of the global AI economy. SINGAPORE: For three weeks, Jensen Huang has been hard to miss. From late-night Korean barbecue dinners to baseball pitches and packed keynote halls, the Nvidia CEO’s swing through China, Taiwan and South Korea drew...
North Korea quietly ramps up its nuclear program
North Korea quietly ramps up its nuclear program June 5, 2026On Thursday, North Korean leader Kim Jong Un reminded the world of Pyongyang's nuclear threat, announcing plans to bolster nuclear forces "at an exponential rate," as state media carried footage of Kim visiting what South Korea said was likely a new uranium enrichment plant. The plant's unveiling came a week after the North Korean Foreign Ministry issued a statement vowing that the "denuclearization" of North Korea "will never...
N Korea’s Kim Jong Un calls for ‘exponential’ expansion of nuclear arsenal
N Korea’s Kim Jong Un calls for ‘exponential’ expansion of nuclear arsenal Kim says expansion is necessary due to worsening security threats and long-term confrontation with the ‘most ferocious enemies’. North Korea has unveiled a new facility to produce nuclear bomb fuels as leader Kim Jong Un calls for an “exponential” expansion of his country’s atomic arsenal. During a visit to the facility on Thursday, Kim said production capacity for weapons-grade nuclear material was more than double...
‘As close as lips and teeth’: The highs and lows of China-North Korea ties
‘As close as lips and teeth’: The highs and lows of China-North Korea ties Chinese President Xi has been welcomed in Pyongyang for the first visit since 2019. Chinese President Xi Jinping arrived in Pyongyang on Monday to the full theatre of North Korean state ceremony, with flags, flowers, military honours and crowds to welcome the leader of the country that has long been one of North Korea’s closest allies. Kim Jong Un and his wife, Ri Sol Ju, greeted Xi and wife, Peng Liyuan, at...
Pay workers 'as much as possible': Nvidia's Jensen Huang
Pay workers 'as much as possible': Nvidia's Jensen Huang "I pay my employees as much as I can," said Nvidia CEO Jensen Huang, head of the US artificial intelligence hardware giant that is the world's most valuable company. Companies should pay workers "as much as possible", Nvidia boss Jensen Huang said on Tuesday (Jun 2) ahead of a trip to South Korea, where Samsung Electronics recently averted a strike by making an agreement on bonuses with its union. Huang, head of the US artificial...
Kim Jung Un reveals plans for nuclear warships equipped with 'secret underwater weapons'
Kim Jung Un reveals plans for nuclear warships equipped with 'secret underwater weapons' The North Korean leader announced plans to expand Pyongyang's naval capabilities with a nuclear-powered fleet Kim Jong Un vowed to accelerate efforts to develop a nuclear-armed naval fleet and announced plans to develop 'secret underwater weapons' ahead of a visit by Chinese leader Xi Jinping. The North Korean leader made the announcement during a 5,000-ton naval destroyer on Thursday, while accompanied...