September is just around the corner, but South Korea's late-summer heat is showing little sign of letting up, with daytime temperatures forecast to reach as high as 34 degrees Celsius Thursday as rain hits parts of the country.
SEOUL, Aug. 27 (Yonhap) -- The Bank of Korea (BOK) on Thursday delivered its first back-to-back rate hike in three years and seven months, signaling its determination to curb mounting inflationary pressure, rising housing prices and a weak Korean won.
Bank of Japan Deputy Gov. Ryozo Himino kept the door open to an interest rate increase next month, offering no clear pushback against growing market expectations for a move.
A person walks near an electronic stock board showing Japan’s Nikkei index at a securities firm Thursday, Aug. 27, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
1946 -- North Korea founds the ruling Workers' Party, the Soviet-backed regime's first official step toward establishing a communist system in the northern part of the Korean Peninsula.
Opposition lawmakers at the National Assembly on Thursday proposed a special bill to support South Korea's production of nuclear-powered attack submarines, which would involve cooperation with Washington on securing nuclear propulsion technology.
SEOUL, Aug. 27 (Yonhap) -- South Korea will maintain its export restrictions on naphtha through January, the industry ministry said Thursday, amid prolonged geopolitical uncertainties in the Middle East.
Ikea Korea is rolling out its latest round of permanent price cuts as inflation squeezes household budgets, sticking to the low-price philosophy at its core, the furniture giant said Thursday.
UDIN DHUNGA, Nepal — China’s Xinhua News Agency said Thursday that mudslides in Tibet caused by a glacial collapse have left three people dead and 558 missing, while police in Nepal reported at least 162 were killed after massive flash floods in a border area of Nepal and China swept through communities a day earlier.
Bears killed 13 people in Japan last year, as a lack of forest foods increased conflicts. Yet some say the country’s controversial cull could threaten the endangered species
Rescue team members work at the site of a plane crash at Muan International Airport in Muan, South Korea on Dec. 31, 2024. (AP Photo/Ahn Young-joon, File)
SEOUL, Aug. 27 (Yonhap) -- South Korea's government said Thursday it will step up crackdowns on Chinese fishing vessels illegally operating in waters near the inter-Korean sea border in the Yellow Sea.
SEOUL, Aug. 27 (Yonhap) -- South Korea's average household income rose 4.5 percent from a year earlier in the second quarter of 2026 on increases in wage and transfer income, data showed Thursday.
Rescatistas usan una excavadora para poner a salvo a las víctimas de una inundación a lo largo del río Trishuli, el miércoles 28 de agosto de 2026, en el distrito de Nuwakot, Nepal. (AP Foto/Niranjan Shrestha)
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 …
GYEONGSAN, South Korea, Aug. 27 (Yonhap) -- A Chinese man accused of murdering a female Chinese graduate student has admitted to discarding parts of her remains not only in the southeastern city of Gyeongsan where her body was first found but also in northwestern Gyeonggi Province, police said Thursday.
The Bank of Korea (BOK) raised the benchmark rate by 0.25 percentage point for the second straight meeting Thursday to curb mounting inflationary pressure.
SEOUL, Aug. 27 (Yonhap) -- The fifth launch of South Korea's homegrown Nuri rocket has been scheduled for Oct. 7, since the launch was postponed early this month, the country's space agency said Thursday.
SEOUL, Aug. 27 (Yonhap) -- South Korea's customs agency said Thursday it busted 10 drug smuggling attempts through secondary screening of international mail, with suspects arrested in every case.
SEOUL, Aug. 27 (Yonhap) -- Seoul stocks trimmed their earlier gains late Thursday morning, following a second consecutive rate-hike decision from the Bank of Korea (BOK).
Demand for ramen, Japan’s most famous noodle soup, is stronger than ever in Sydney —and it’s not just about pork-based tonkotsu ramen any more. While the city farewelled its oldest ramen restaurant Ramen Genki after a 28-year run, in January, more speciality ramen masters from Japan have moved to Sydney following th…
JEJU, South Korea, Aug. 27 (Yonhap) -- The chief of the Jeju Provincial Police Agency issued a public apology Thursday for the police's mishandling of missing person cases, which recently came to light following the deaths of two individuals on the southern resort island.
Arjun Jain, CEO and whole-time director of Varroc Engineering's India business, says that the auto parts maker's growth prospects are largely driven by electric vehicles. (Nikkei montage/Source photos by AP and Varroc)
Arjun Jain, CEO and whole-time director of Varroc Engineering's India business, says that the auto parts maker's growth prospects are largely driven by electric vehicles. (Nikkei montage/Source photos by AP and Varroc)