Category Archives: South Korea

Oil price continues to rise amid Middle East crisis but stock markets rebound across Asia

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Reports of attack on US registered tanker in Gulf lifts crude by 3% to $84 a barrel as gas price also starts to climb

Stock markets have rebounded in Asia after days of heavy losses driven by the war in the Middle East, but oil and gas prices have continued to climb amid disruption to supplies.

South Korea’s KOSPI, which posted its biggest ever fall on Tuesday of 12%, rose by almost 10% on Thursday, while Japan’s Nikkei climbed by 1.9%. MSCI’s Asia-Pacific index excluding Japan jumped by 2.7%.

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South Korea’s birthrate rises for second year with experts saying ‘echo boomers’ behind boost

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Rebound in the country – which has been having demographic crisis – said to be partly because of 3.6 million born between 1991 and 1995 having children

South Korea recorded 254,500 births in 2025, the largest annual increase in 15 years, driven largely by a temporarily enlarged generation – known as “echo boomers” – now in their early thirties, alongside marriage rates recovering from Covid-era delays.

The country’s fertility rate – the average number of babies a woman is expected to have in her lifetime – rose to 0.80 from 0.75 last year, returning to the 0.8 range for the first time since 2021, according to provisional figures released by South Korea’s ministry of data and statistics on Wednesday.

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BTS comeback show sells out immediately as 260,000 fans set to descend on Seoul

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Booking system freezes and screens crash amid rush of fans trying to secure tickets to 21 March free concert

Tickets for BTS’s comeback concert in central Seoul were snapped up almost immediately on Monday night, with authorities expecting an estimated 260,000 fans to descend for the K-pop group’s first full performance in nearly four years.

At one point, more than 100,000 people flooded the booking website when sales opened at 8pm for the free concert at Gwanghwamun square on 21 March, causing screens to crash and booking systems to freeze.

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South Korea’s former president Yoon Suk Yeol jailed for life for leading insurrection

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Ex-leader sentenced to life imprisonment with hard labour over failed martial law declaration in 2024

A South Korean court has sentenced the former president Yoon Suk Yeol to life imprisonment with labour over his failed martial law declaration in December 2024, finding him guilty of leading an insurrection and making him the first elected head of state in the country’s democratic era to receive the maximum custodial sentence.

The Seoul central district court found that Yoon’s declaration of martial law on 3 December 2024 constituted insurrection, carried out with the intent to disrupt the constitutional order.

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‘I just want to stop hearing about it’: a weary South Korea awaits verdict on Yoon insurrection charges

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Yoon Suk Yeol could face the death penalty when judges rule on the martial law crisis that many in South Korea see as a dark moment they would rather forget

South Korea is awaiting one of the most consequential court rulings in decades this week, with judges due to deliver their verdict on insurrection charges against the former president Yoon Suk Yeol and prosecutors demanding the death penalty.

When Yoon stands in courtroom 417 of Seoul central district court on Thursday to hear his fate, which will be broadcast live, he will do so in the same room where the military dictator Chun Doo-hwan was sentenced to death three decades ago. The charge is formally the same. Last time, it took almost 17 years and a democratic transition to deliver a verdict. This time, it has taken 14 months. Chun’s death sentence was later reduced to life imprisonment on appeal, and he was eventually pardoned.

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South Korean decision to close all coal-fired power plants by 2040 sounds alarm for Australian exports

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Decision announced at Cop30 climate conference signposts risks for Australia’s reliance on fossil fuel exports, analysts say

The Australian government has been urged to prepare for a shift away from thermal coal exports and accelerate green industries after one of its main international customers signed up to close all coal-fired power plants by 2040.

South Korea, Australia’s third-biggest market for coal burned to generate electricity, announced at the Cop30 climate conference in Brazil that it was joining the “powering past coal alliance”, a group of about 60 nations and 120 sub-national governments, businesses and organisations committed to phasing out the fossil fuel.

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North Korean soldier defects to South Korea across heavily fortified border

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Soldier’s is first reported defection to South Korea across 248km militarised zone since August 2024

A North Korean soldier has defected to South Korea across the rivals’ heavily fortified border, South Korea’s military has said.

The military took custody of the soldier who crossed the central portion of the land border on Sunday, South Korea’s joint chiefs of staff said in a statement. It said the soldier expressed a desire to resettle in South Korea.

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South Korea bans travel to parts of Cambodia amid deepening scam crisis that has left 80 missing

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An additional 60 South Koreans remain detained by Cambodian authorities after a crackdown on scam operations

South Korea has issued its most serious travel warning for parts of Cambodia, issuing a “code black” ban that orders citizens to leave areas in which the government has identified surging employment scams and detention cases targeting its nationals.

The travel prohibition covers the border towns of Poipet and Bavet, along with the Bokor Mountain region in Kampot province, 140km south-west of Phnom Penh, where a 22-year-old Korean student was allegedly tortured to death in August.

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Student’s alleged torture death by Cambodia scammers sparks turmoil in South Korea

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South Korean president urges ‘all-out’ efforts to protect citizens after number of kidnappings in Cambodia soars in recent months

South Korean president Lee Jae Myung has called for “all-out” diplomatic efforts to protect citizens in Cambodia after a university student was lured there by a scam ring and allegedly tortured to death.

At a cabinet meeting on Tuesday, Lee said “protecting the lives and safety of citizens is the government’s greatest responsibility” and called for all those caught up in the scams to be “swiftly repatriated”.

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South Korea raises cyber threat level after huge data centre fire sparks hacking fears

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National cyber security centre raises alert level to ‘caution’ as technicians race to restore government systems after battery fire sparked nationwide chaos

South Korea’s intelligence agency has raised the national cyber threat level, amid concerns that hackers could take advantage of the chaos caused by a fire at a government datacentre that paralysed critical digital infrastructure across the country.

The national cybersecurity centre, operating under the intelligence service, elevated the alert from “attention” to “caution” on Monday, citing fears hackers could exploit vulnerabilities as recovery work continues.

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Unification Church leader arrested in South Korea over bribery allegations linked to former first lady

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Han Hak-ja, aged 82, is detained after Seoul court hearing over claims she told church officials to bribe wife of then president Yoon Suk Yeol

The 82-year-old leader of the Unification Church was arrested in South Korea early Tuesday as investigators probe allegations that the church bribed the wife of jailed former president Yoon Suk Yeol and a conservative lawmaker.

Han Hak-ja, the widow of the church’s South Korean founder, Sun Myung Moon, has denied allegations that she directed church officials to bribe Yoon’s wife, Kim Keon Hee, and the lawmaker.

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Trump insists foreign workers are ‘welcome’ days after arrest of hundreds of South Koreans

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US president says he doesn’t want to ‘disincentivize investment’ after images of workers chained and handcuffed caused widespread alarm in South Korea

President Donald Trump has said foreign workers sent to the United States are “welcome” and he doesn’t want to “frighten off” investors, 10 days after hundreds of South Koreans were arrested at a work site in Georgia.

In a post on his Truth Social platform, Trump wrote: “I don’t want to frighten off or disincentivize investment.

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Global press freedom suffers sharpest fall in 50 years, report finds

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The International IDEA’s survey of democratic markers finds US is offering ‘encouragement’ to populist leaders

Press freedom around the world has suffered its sharpest fall in 50 years as global democracy weakens dramatically, a landmark report has found.

According to the Stockholm-based International Institute for Democracy and Electoral Assistance (IDEA), democracy has declined in 94 countries over the last five years and only a third have made progress.

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300 South Koreans detained at Hyundai plant in US to be released, says Seoul

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Footage of raid by US immigration officials showed detained workers in handcuffs and with chains around their ankles

South Korea announced on Sunday that the roughly 300 of its nationals detained during an immigration raid in Georgia would be released and flown home, as the sudden detention of workers appeared to strain the longstanding diplomatic and economic relationship between the two nations.

Nearly 500 workers, among them at least 300 South Koreans and at least 23 Mexicans, were arrested at the Hyundai-LG battery plant in the city of Ellabell on Thursday.

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At least 475 workers detained in major Ice raid at US Hyundai factory

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South Korea concerned after hundreds were arrested at Georgia work site making batteries for Hyundai and Kia cars

Hundreds of workers at a factory being built in Georgia to make car batteries for Hyundai and Kia electric vehicles were detained in a huge raid by Immigration and Customs Enforcement (Ice) on Thursday that stopped construction.

The facility is part of what would be the biggest industrial investment in the state’s history and had been hailed as a huge boost for the economy by Georgia’s Republican governor, Brian Kemp.

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Trump says he hopes to meet Kim Jong-un and raises prospect of US taking over some South Korean land

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South Korean president Lee Jae Myung uses Oval Office meeting to encourage Trump to engage with North Korean leader

Donald Trump has said he wants to meet North Korean leader Kim Jong-un, possibly this year, in an attempt to revive the failed nuclear diplomacy of his first term as US president.

“I’d like to have a meeting. I look forward to meeting with Kim Jong-un in the appropriate future,” Trump said during an occasionally awkward meeting at the Oval Office with South Korea’s new president, Lee Jae Myung, in which he raised the prospect of taking ownership of South Korean land that hosts a US military base.

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North Korea accuses South Korea of ‘deliberate provocation’ after warning shots fired at soldiers on border

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Seoul says military fired warning shots on Tuesday after troops from the North briefly crossed border

South Korea fired warning shots at North Korean soldiers who briefly crossed the heavily fortified border earlier this week, Seoul said on Saturday, after Pyongyang accused it of a “deliberate provocation” that risks “uncontrollable” tensions.

South Korea’s new leader Lee Jae Myung has sought warmer ties with the nuclear-armed North and vowed to build “military trust”, but Pyongyang has said it has no interest in improving relations with Seoul.

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Baby Shark: South Korean court rejects US composer’s claim song was plagiarised

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Ruling upheld that there was insufficient evidence of copyright infringement on song that is YouTube’s most viewed video

South Korea’s supreme court has rejected a US composer’s allegation that the producers of the catchy children’s song Baby Shark plagiarised his work, ending a six-year-long legal battle.

The court upheld two lower court verdicts in favour of Pinkfong, the South Korean company behind the tune with the famous “doo doo doo doo doo doo” refrain.

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South Korea’s former first lady arrested after court issues warrant on corruption charges

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Kim Keon Hee in custody on three charges while husband Yoon Suk Yeol detained over attempt to impose martial law

South Korea’s former first lady Kim Keon Hee, the wife of the impeached former president Yoon Suk Yeol, has been arrested on corruption charges, a special prosecutor leading a wide-reaching probe said.

The arrest, which came after a Seoul central district court ruling, creates an unprecedented situation in which both members of a former presidential couple are simultaneously in custody.

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South Korea’s military shrinks by 20% as low birthrate hits recruitment

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World’s lowest birthrate leaves Seoul 50,000 troops short of maintaining defence readiness, report warns

South Korea’s military has shrunk by 20% in the past six years, largely due to a sharp decrease in the population of men of enlistment age for mandatory service in the country with the world’s lowest birthrate, according to a report.

The sharp decline in the pool of men available for military service is also causing a shortfall in the number of officers and could result in operational difficulties, the defence ministry said in the report.

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