‘Unprecedented’ path: revived Typhoon Saudel eyes eastern and southern China
Heavy to torrential rain is forecast over the next three days, with authorities warning of floods, landslides and mudslides
· Meredith Chen
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Newest first · UTC+11:00S. Korea projects state-run firms' combined debt to hit 997.4 tln won in 2030
SEOUL, Sept. 1 (Yonhap) -- The government on Tuesday projected the combined debt of state-run firms to reach 997.4 trillion won (US$728.6 billion) in 2030, calling for comprehensive efforts to improve their financial health.
· Kang Yoon-seung
N. Korea downgrades diplomatic mission to London in protest of British sanctions over children's camp
SEOUL, Sept. 1 (Yonhap) -- North Korea has downgraded its diplomatic mission in London in protest against Britain's decision to sanction a North Korean camp over its suspected involvement in the forced deportation of Ukrainian children.
· Woo Jae-yeon
Toyohiro Akiyama, first Japanese citizen to go to space, dies at 84
Toyohiro Akiyama, the first Japanese to go to space, has died from lower gastrointestinal bleeding, domestic media reported. He was 84.
· Tomoko Otake
Japan relaxes overtime rules under workaholic Takaichi: ‘unacceptable shift’
Businesses grappling with labour shortage have called for flexible work hours but critics say the move risks a return to ‘karoshi’ culture
· Agence France-Presse
Japan relaxes overtime rules under workaholic Takaichi: ‘unacceptable shift’
Businesses grappling with labour shortage have called for flexible work hours but critics say the move risks a return to ‘karoshi’ culture
· Agence France-Presse
Takaichi participates in simulated earthquake drill on Disaster Prevention Day
The government conducted a disaster drill Tuesday, simulating a scenario in which a major earthquake had struck along the Japan and Chishima trenches, off the Pacific coast from Hokkaido to the Tohoku region.
· No Author
City leader Lee hands Hong Kong flag to Asian Games athletes, hails ‘never-say-die spirit’
City will send some 580 athletes, competing in 38 sports to Japan this month, with Chief Executive John Lee
· Mike Chan
City leader Lee hands Hong Kong flag to Asian Games athletes, hails ‘never-say-die spirit’
City will send some 580 athletes, competing in 38 sports to Japan this month, with Chief Executive John Lee
· Mike Chan
Oil prices surge higher and Asian stocks are mixed
A person walks in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Monday, Aug. 31, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
· Elaine Kurtenbach
China better suited to build, not own, Indonesia’s solar dream
Keep independent journalism alive
· Muhammad Zulfikar Rakhmat, Yeta Purnama
Airline fuel shock saddles China trio with biggest losses in Asian skies
China Southern Airlines, one of the country's big three state carriers, said there are no effective measures to manage "exposure to the fluctuations of domestic jet fuel prices." © Reuters
· KENJI KAWASE
Japan benchmark bond yield hits 30-year high of 3% amid global debt selloff
Concerns over inflation have fueled a selloff in global bond markets. (Photo by Kazuho Fujiwara)
· JADA NAGUMO
S. Korea's defense budget tops 70 tln won for first time
Staff reporter at The Korea Herald’s National Desk, based in Seoul. Covers South Korea’s national security and foreign policy, with a focus on the Defense, Foreign and Unification Ministries, as well as the National Assembly.Before entering journalism, served as an Air Force officer. Experience includes providing tr…
· Hwang Joo-young
Chipotle bets on Korea for first bite of Asia
Sangmidang joint venture plans two more Seoul stores this year before expanding to Singapore
· No Kyung-min
China’s CXMT begins small-scale HBM3E production: report
Chinese chipmaker reportedly tests memory with domestic AI firms but remains years behind Samsung Electronics and SK hynix
· Moon Joon-hyun
Industry ministry seeks record budget to fund manufacturing AI transition, megaprojects
SEOUL, Sept. 1 (Yonhap) -- South Korea's industry ministry said Tuesday it has proposed a record 13.26 trillion-won (US$9.6 billion) budget for next year to support the adoption of artificial intelligence (AI) in manufacturing and fund major development projects.
· Choi Kyong-ae
Man arrested for allegedly murdering estranged wife despite protection order
GWANGJU, South Korea, Sept. 1 (Yonhap) -- A man in his 30s was arrested Tuesday on suspicion of stabbing and killing his wife, also in her 30s, in Gwangju, just south of Seoul, police said.
· KIM, SEONGHUN
How catastrophic flash flood unfolded at remote Nepal-China border point
A satellite image shows the area around the Nepal-China border before devastating floods swept away buildings and vehicles
· Bbcnews
Gov't to allocate 39.7 tln won to finance ministry in 2027 budget
SEJONG/SEOUL, Sept. 1 (Yonhap) -- South Korea's finance ministry said Tuesday that 39.7 trillion won (US$29 billion) has been earmarked for the ministry under the government's 2027 budget proposal, with a focus on fostering future growth engines and expanding export financing.
· Kang Yoon-seung
(2nd LD) S. Korea's spy agency notes possible signs of U.S.- N. Korea dialogue
(ATTN: REWRITES lead; ADDS info on internal inspection in last para)
· Yi Wonju
Korea plans record W821tr budget on chip tax windfall
Expansionary fiscal plan pushes annual spending past W1,000tr by 2030
· Choi Ji-won
Hanwha rises to No. 16 among global defense giants
Four South Korean defense companies — Hanwha Group, LIG Nex1, Hyundai Rotem and Korea Aerospace Industries — made the world’s 100 largest defense contractors for a second consecutive year, reflecting the industry’s growing export presence, particularly in Europe.
· Byun Hye-jin
Korea’s AI rally must go beyond chips: Societe Generale
HIT Forum speaker Frank Benzimra sees wider investment opportunities on AI gains and governance reforms
· Im Eun-byel
Posco, Doosan join IMM-led bet on Japanese fusion startup
IMM Investment Japan has led a Series D funding round for fusion energy startup Kyoto Fusioneering, backed by Korean industrial heavyweights.
· Im Eun-byel
FTC approves TPG's acquisition of Lotte Rental shares
SEOUL, Sept. 1 (Yonhap) -- South Korea's fair trade watchdog on Tuesday approved U.S. private equity firm TPG Inc.'s acquisition of a controlling stake in Lotte Rental Co., a local car rental firm.
· Kang Yoon-seung
Korea sets 15-day stay rule for foreign nationals’ pension back payments
Foreign nationals seeking to fill gaps in their National Pension Service contribution records must now prove they were physically present in South Korea during the months they want to cover, under tighter rules that took effect Monday.
· Lee Seung-ku
KASA seeks record budget for 2027 to nurture space as strategic industry
SEOUL, Sept. 1 (Yonhap) -- South Korea's space agency said Tuesday it will seek a 1.65 trillion-won (US$1.2 billion) budget next year, as part of its effort to nurture aerospace as one of the country's strategic industries.
· Kang Jae-eun
Japan bear project aims to show coexistence, not culling, can prevent attacks
The programme has been credited with prompting both a recovery in bear numbers and fewer encounters with humans in Nagano
· Agence France-Presse
Japan bear project aims to show coexistence, not culling, can prevent attacks
The programme has been credited with prompting both a recovery in bear numbers and fewer encounters with humans in Nagano
· Agence France-Presse
Más de 1.000 muertos por catastróficas inundaciones entre Nepal y China
KATMANDÚ, Nepal (AP) — El número de víctimas mortales en las catastróficas inundaciones en Nepal y China superó las 1.000 personas el martes, según las autoridades, mientras los equipos de rescate trabajaban para llegar a comunidades aisladas por el desastre.
S. Korea says no changes to trilateral military drills with U.S., Japan after N.K. criticism
SEOUL, Sept. 1 (Yonhap) -- South Korea's military reaffirmed Tuesday the upcoming combined exercise with the United States and Japan will go ahead as scheduled, following North Korea's renewed criticism branding the drills as evolving hostility toward the regime.
· Kim Seung-yeon
Interim boss for men's nat'l football team tasked with restoring fans' faith
SEOUL, Sept. 1 (Yonhap) -- When announcing its hiring of Spanish tactician Robert Moreno as the temporary head coach of the men's national football team Tuesday, the Korea Football Association (KFA) said it wanted him to do more than just win matches.
· Yoo Jee-ho
China warns of ‘consequences’ over Taiwan presence at Pacific Islands Forum
Beijing-Taipei tensions a feature at meeting in Palau, with Australia and New Zealand saying the forum – not another country – will determine who attends
· Reuters
North Korea-US summit appears 'possible at any time' — Seoul spy agency
SEOUL — A summit between the United States and North Korea appears "possible at any time" as signs have emerged of dialogue between them, a lawmaker citing South Korea's spy agency said Tuesday.
· Agence France-Presse
More than 1,000 dead from catastrophic Nepal-China floods
A mother mourned her 21-year-old son who died in the flash floods in Nepal and was cremated Monday. Meanwhile in south-central Nepal’s Chitwan district, authorities said they were carrying out temporary burials of unidentified bodies in trenches dug in a forested area as concerns for health risks mounts. (AP Video: …
Chung Ho names first CEO under Carlyle ownership
Chung Ho Group named Choi Jin-hwan group CEO and president of Crystal Holdings Korea, its holding company, on Tuesday, following Carlyle’s acquisition of the home appliance group in August.
· Lim Ye-jin
Samarkand traces centuries-old ties with Korea
Ancient links, Korean community and economic ties connect Korea with the Silk Road city
· Sanjay Kumar
Gov't to retain basic deduction for single-home owners not living in their homes
SEOUL, Sept. 1 (Yonhap) -- South Korea will retain most elements of the tax code revision proposed last month but scrap a plan to lower the existing basic deduction for single-home owners who do not live in their homes following controversy, the finance ministry said Tuesday.
· Kang Yoon-seung
Franklin Templeton names new Korea chief
Global asset manager Franklin Templeton said Tuesday that it had appointed Kim In-keun president and CEO of its Korean operations.
· Lim Ye-jin
Born and raised in Korea, Egyptian wrestler pursues citizenship for shot at Olympics
Fouda Faris Ahmed hopes to follow his brother, who became the first naturalized Korean to represent the country in wrestling
· Hwang Sun-jun
MG turns community finance into local lifeline
As population decline and aging erode financial and social infrastructure across regional South Korea, MG Community Credit Cooperatives is expanding its role beyond banking to support jobs, cultural facilities and vulnerable residents.
· Choi Ji-won
Principal recalls fateful decision that saved the lives of around 900 students in Nepal | South China Morning Post
Rajendra Dawadi made the split-second decision to evacuate students moments before floods swept the school away.
Lee orders clear chain of responsibility for missing person cases
For over a decade, I’ve navigated the complexities of North Korean affairs, security, and foreign policy from both Seoul and Washington, D.C. As the National Desk Political Team Lead, I track the pulse of geopolitics, closely following developments from the Unification Ministry and the Foreign Ministry. My mornings …
· Ji Da-gyum
Today in Korean history
1999 -- North Korea claims the Northern Limit Line (NLL) in the Yellow Sea separating North and South Korea is "invalid," declaring a new sea border line. The NLL was set by the United Nations Command when the Korean War ended after the signing of the Armistice Agreement in 1953.
· Chae Yun-hwan
(LEAD) S. Korea's spy agency notes possible signs of U.S.- N. Korea dialogue
(ATTN: UPDATES with more info from 3rd para; CHANGES photo)
· Yi Wonju
4 Uzbek men nabbed in S. Korea over alleged support to terrorist group in Syria
GWANGJU, Sept. 1 (Yonhap) -- Four Uzbek men have been apprehended in South Korea on charges of violating the counter-terrorism financing law over their alleged roles in sending money and vehicles to a terrorist group in Syria, police said Tuesday.
· Chae Yun-hwan
US-N. Korea dialogue could resume 'any time' but no signs of direct contact: spy agency
North Korea and the United States could resume dialogue "any time in the future," but direct communication cannot be confirmed, the National Intelligence Service revealed Tuesday.
· Son Ji-hyoung
Australia's One Nation taps Japanese-speaking banker as party leader in most populous state
One Nation's New South Wales leader Mike Newman spent about 25 years living in Japan and speaks the language fluently. (Photo by Ken Kobayashi)
· Staff Writer
Australia's One Nation taps Japanese speaker as leader in most populous state
One Nation's New South Wales leader Mike Newman spent about 25 years living in Japan and speaks the language fluently. (Photo by Ken Kobayashi)
· Staff Writer