Latest South Korea News

Asian shares mixed after China Evergrande warns of cash woes

Dec. 05, 2021 23:54 PM EST

BANGKOK (AP) — Shares were mixed in Asia on Monday after troubled Chinese property developer Evergrande warned late Friday it may run out of money. Hong Kong dropped 1.2% but the Shanghai Composite index rose. South Korea’s benchmark advanced but Tokyo and Sydney...

SKorea sets daily records for new coronavirus cases, deaths

Dec. 03, 2021 23:31 PM EST

SEOUL, South Korea (AP) — South Korea again broke its daily records for coronavirus infections and deaths and confirmed three more cases of the new omicron variant as officials scramble to tighten social distancing and border controls. The 5,352 new cases reported by...

Asian shares mixed after broad rally on Wall Street

Dec. 02, 2021 22:52 PM EST

Stocks were mixed in Asia on Friday after a broad rally on Wall Street as investors kept an eye on the spread of the new coronavirus variant and measures governments are taking to restrain it. Hong Kong slipped more than 1% while Tokyo edged lower. Shanghai and Seoul...

South Korea tightens social distancing to fight virus wave

Dec. 02, 2021 22:48 PM EST

SEOUL, South Korea (AP) — South Korea is tightening recently relaxed restrictions on social gatherings as it grapples with its worst wave of the virus since the start of the pandemic. Starting next week, private social gatherings of seven or more people will be banned...

South Korea breaks daily virus record for 2nd straight day

Dec. 02, 2021 08:21 AM EST

SEOUL, South Korea (AP) — South Korea broke its daily record for coronavirus infections for a second straight day on Thursday with more than 5,200 new cases, as pressure mounted on a health care system grappling with rising hospitalizations and deaths. The rapid...

US defense chief slams China's drive for hypersonic weapons

Dec. 02, 2021 05:54 AM EST

SEOUL, South Korea (AP) — America's defense chief rebuked China on Thursday, vowing to confront its potential military threats in Asia and warning that its pursuit of hypersonic weapons intended to evade U.S. missile defenses “increases tensions in the region.” U.S....

Q&A: Korean star Gianna Jun on acting goals and aging well

Dec. 02, 2021 00:21 AM EST

SEOUL, South Korea (AP) — Despite being one of the most well-known faces in Asia, acting never gets easier for South Korean superstar Gianna Jun. “I feel like I climbed the mountain 1,000 times,” she said about filming her latest series, “Jirisan.” ...

U.S. Defense Secretary Lloyd Austin says China’s pursuit of hypersonic weapons “increases tensions in the region”

Dec. 02, 2021 00:04 AM EST
SEOUL, South Korea (AP) — U.S. Defense Secretary Lloyd Austin says China’s pursuit of hypersonic weapons “increases tensions in the region.”

Asian markets mixed after Wall St decline, virus unease

Dec. 01, 2021 23:38 PM EST

BEIJING (AP) — Asian stock markets were mixed Thursday after a turbulent day on Wall Street as traders tried to forecast the impact of the coronavirus's omicron variant. Shanghai and Tokyo fell while Hong Kong and Seoul advanced. Wall Street's...

Asian markets mixed after Wall St decline, virus unease

Dec. 01, 2021 23:25 PM EST

BEIJING (AP) — Asian stock markets were mixed Thursday after a turbulent day on Wall Street as traders tried to forecast the impact of the coronavirus's omicron variant. Shanghai and Tokyo fell while Hong Kong and Seoul advanced. Wall Street's...