Citibank Korea announced Tuesday that Kim Kyoung-ho, head of the corporate banking group, has been appointed as its new chief for a three-year term. The appointment follows an extraordinary general meeting of shareholders and a meeting of the board of directors. Kim was nominated as the final candidate for the posit…
China is pitching open-source artificial intelligence and a greater voice for the Global South as cornerstones for future tech regulations, ramping up efforts to challenge US dominance in setting rules for the rapidly evolving sector. The push was laid out in Global Governance: Xiong’an Vision, a consensus document …
South Korea's politicians are once again butting heads over golf — this time with the focus on first lady Kim Hea Kyung. Rep. Joo Jin-woo of the main opposition People Power Party has accused the presidential couple of enjoying special privileges, including reserving consecutive tee time slots to play golf at a mili…
Earlier this month, simmering trade tensions between the EU and China ease as the two sides reached an agreement in Beijing limiting hybrid car exports from China to an annual quota of 350,000 units. After the European Union imposed tariffs on fully electric cars from China in 2024, hybrid imports surged. The quota …
A Chinese H-6K strategic bomber has been sighted with two new electronic warfare pods used for jamming, according to images circulating on social media, potentially indicating an expansion of the aircraft’s capabilities. The photos – which have not been independently verified – emerged on Saturday and show an H6-K i…
Korea has shattered its annual record for foreign tourist arrivals with more than two months still left in the year, surpassing last year’s historic high of 18.94 million on Tuesday. The Ministry of Culture, Sports and Tourism based the milestone on a provisional count of 18.91 million arrivals through Monday and a …
An analyst predicts China will swoop in to help Timor-Leste develop its long-planned Greater Sunrise oil and gas project after Woodside sells its stake.
Foreign Minister Cho Hyun said Tuesday that South Korea has withdrawn eight diplomatic personnel from Ukraine amid a dispute over Kyiv's disclosure of the transfer of two North Korean prisoners of war. Cho made the remarks during a parliamentary audit of the foreign ministry, saying that despite the partial withdraw…
Chinese and Hong Kong stocks have lagged an artificial intelligence-driven rally across Asia, but J.P. Morgan Asset Management remained “structurally very positive” on both markets, according to a senior executive at the firm. Chinese markets offered “a lot of depth and breadth” and ample liquidity despite widesprea…
South Korea’s President Lee Jae Myung has been urged by critics to play the latest instalment in the blockbuster Call of Duty video game franchise to better appreciate the need for defences against an invasion by the North. The call from opposition lawmakers follows the release on Friday of Call of Duty: Modern Warf…
BEIJING — Kylian Mbappe was dropped Tuesday by two major brands in China after a video circulated online in which the French football star apparently joked about former leader Mao Zedong.
Six years, three delays and now another wait? South Korea is due to start taxing cryptocurrency income in January, but exchanges, investors and lawmakers are again asking for more time. "Even the experts don't know how we should pay the tax," said Cho Sang-hyuk, who runs the Fireant Crypto community and is campaigni…
Korean skin treatment derived from deceased human donors claims to structurally replenish aged and damaged skin, but is not registered for use in city.
South Korea interim coach Robert Moreno will announce his squad Wednesday for the national team's final friendlies of the year, with attention focused on his choices ahead of next month's Middle East trip. Moreno will hold a news conference at Korea Football Park in Cheonan to unveil the squad for matches against Sa…
CHANGWON, South Gyeongsang Province — At a sprawling manufacturing complex in South Korea's southeastern industrial heartland, the future of arms exports takes shape in a place built for technologies of the past. Once developed to manufacture conventional military hardware under South Korea's push for self-reliance …
The American Chamber of Commerce in Korea stressed that businesses must invest in workforce training and risk management to turn artificial intelligence adoption into lasting productivity gains. The message was delivered at AmCham's HR Workshop 2026, held Tuesday at the Grand Hyatt Seoul, where around 100 business l…
Video appears to show Mao Zedong called a ‘dictator’Dongpeng and Mengniu end deals with the playerKylian Mbappé has apologised after the Real Madrid forward was dropped by major Chinese brands for apparently joking about Mao Zedong in a video that has gone viral. There were also signs of broader repercussions, with …
South Korean Foreign Minister Cho Hyun said Tuesday that North Korea and China may have discussed the possibility of US-North Korea dialogue during the North Korean leader's visit to the Chinese border city of Dandong last week. Speaking at a parliamentary audit of the National Assembly's Foreign Affairs and Unifica…
South Korea's economy grew more than three times faster than expected in the third quarter, powered by booming semiconductor exports and investment, raising the prospect of a significant upgrade to the country's annual growth outlook. Real gross domestic product expanded 1 percent from the previous quarter, far exce…
A video showing a spectator shouting a racially charged remark at South Korea captain Son Heung-min of LAFC after an MLS match has sparked criticism. The New York Post reported Monday that an LAFC fan was seen shouting a racist remark at Son following an MLS match. The incident occurred after LAFC's 2-2 draw with th…
GOYANG, Gyeonggi Province — Benson Boone didn't walk onto the stage for his latest Korean concert. He flipped onto it. Standing atop a grand piano as screams filled Kintex Exhibition Center 2 in Goyang on Monday, the 24-year-old American singer-songwriter launched himself into a backflip before kicking off “Sorry I’…
An obscure investment group claiming to be based in Japan sparked controversy in the K-pop industry Monday by announcing plans to acquire a controlling stake in JYP Entertainment. Questions remain over whether the group has the financial resources and corporate standing to carry out the deal. The unusual episode beg…
A randomised phase one clinical trial conducted by scientists and doctors from Shanghai and Guangzhou has achieved encouraging results in the treatment of Type 1 diabetes using stem cells extracted from gum tissue. More than half of those who received the treatment showed varying degrees of improvement, while one su…
South Korea should set aside part of the revenue generated during the chip boom to cushion against future downturns, Laura Alfaro, chief economist and economic counselor of the Inter-American Development Bank, said Tuesday. Her remarks come as Korea moves to establish a 162 trillion won ($122 billion) Future Respons…
Korean sunscreens are gaining ground in global beauty markets, with products developed through a partnership between cosmetics manufacturer Kolmar Korea and beauty company Goodai Global surpassing 100 million units in cumulative sales over five years. The milestone, reached in March, highlights the growing appeal of…
The Born Korea is stepping up efforts to bring its TBK sauces to the US market, with CEO Paik Jong-won pitching the products to major Asian food distributors as the company seeks to expand beyond its restaurant business. Paik held three product presentations and cooking demonstrations for JFC International and Wisme…
Samsung Electronics is introducing QR code payments in China through Samsung Wallet Money, allowing Korean users to use WeChat Pay without setting up a separate payment service. The company signed a memorandum of understanding with Tencent and Woori Bank at Tencent's headquarters in Shenzhen, China, on Monday. The s…
President Lee Jae Myung said Tuesday that low economic growth was the root cause of social unrest across Europe and that South Korea must learn from the turmoil. His remarks came as Europe has been grappling with a wave of protests stretching from Albania to Belgium, Italy, Portugal and Spain, alongside mass demonst…
Kunming is the capital city of Yunnan province and the gateway to its culture. Its markets bring together freshly cut flowers, foraged mushrooms and cured mountain hams from villages and farming towns. Its restaurants serve delicacies from around the region. The expansive Lake Dianchi and the steep Western Hills off…
South Korea is bracing for a sharp drop in temperatures Wednesday, with Seoul expected to wake up to just 2 degrees Celsius and parts of the country dipping below freezing as an autumn cold snap sweeps across the peninsula. According to the Korea Meteorological Administration, Wednesday's morning temperatures will r…
Lack of profits and the threat posed by western countries are raising concern about the sustainability of Beijing’s AI boomTrillions of dollars have been wiped from China’s stock markets in recent months amid increasing anxiety about the future of artificial intelligence, as Beijing races against the United States f…
South Korea and Turkey should expand cooperation in defense, energy and advanced technologies as bilateral ties gain fresh momentum, Turkey’s new ambassador to Seoul, Fatih Yildiz, said Monday. Speaking at an event in Seoul marking the 103rd anniversary of the proclamation of the Republic of Turkey, Yildiz highlight…
We have selected seven stories from the SCMP’s coverage of Asia over the past week that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. Filipinos split on Marcos’ sea handling amid row over Chinese envoy’s remarks Filipinos …