By Joyce Lee and Kyu-seok Shim SEOUL, March 9 (Reuters) - South Korean President Lee Jae Myung said on Monday that authorities would cap domestic fuel prices for the first time in nearly 30 years to contain a spike in prices after the conflict in the Middle East sent global crude prices sharply higher.

South Korea's senior presidential secretary for AI, Ha Jung-woo, said on Wednesday that artificial intelligence cooperation with the United Arab Emirates could accelerate

South Korea’s deadliest aviation disaster on home soil — which killed all but two of the 181 people aboard a Jeju Air Co. flight in December 2024 — was caused by cost-cutting decisions during airport construction that were concealed for 16 years,

SEOUL, March 11 (Reuters) - South Korea's transport ministry cut construction costs and approved improper airport safety structures for more than two decades, the state auditor said in a report on aviation safety management after a Jeju Air crash that killed 179 people.

The United States and South Korea began their annual Freedom Shield joint military exercise on Monday, as speculation swirled that Washington may be shifting some military assets to the Middle East.

South Korean equities fell, extending last week’s losses, as geopolitical tensions continued to escalate in the Middle East and oil surged on reduced production due to the Iran war.

South Korean President Lee Jae Myung held summit talks on ​Wednesday with Ghanaian President John ‌Mahama, agreeing to deepen cooperation in climate, digital innovation and maritime security.

President Lee Jae Myung urges South Korea to boost its own defence amid reports of US military assets being redeployed to the Middle East.