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South Korea's tax revenue rose by 5.5 trillion won ($3.85 billion) in June from a year earlier on higher incomes and an increase in the number of homes traded, data showed Friday.
The death toll from a powerful earthquake in southwestern Japan has risen to 34, up from 25, authorities said.
A worker prepares aluminum panels for coating at a factory of Kam Pin Industrial (HK) Ltd, in Dongguan city in southern China’s Guangdong province on Thursday, April 17, 2025. (AP Photo/Ng Han Guan,File)
Cambodian Prime Minister Hun Manet (left) and U.S. President Donald Trump attend the ASEAN summit in Kuala Lumpur in October 2025. Cambodia has implemented some measures linked to its trade agreement with Washington, according to a U.S. business group. © Reuters
South Korea's stock market staged its sharpest reversal on record on Friday, capping a month of wild swings that underscored how tightly the country's equity market has become tied to the global artificial intelligence trade.
The Bank of Japan kept its policy rate steady on Friday, as it warned that underlying inflation in the country could exceed its 2% target.
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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…
Rep. Koh Dong-jin of the main opposition People Power Party introduced a bill Friday to exempt semiconductor research and development personnel nationwide from South Korea’s 52-hour workweek cap.
SEOUL, July 31 (Yonhap) -- South Korea's state arms procurement agency officially concluded a deal with Hanwha Ocean Co. on Friday to kick-start the development of a next-generation Navy destroyer, with the aim of delivering the lead ship to the Navy by 2032.
As crude oil prices rise again, the Bank of Japan is facing a difficult decision on how to respond to inflation. (Photo by Rie Ishi)
Chipmaker’s ascent to highest market capitalisation ends two decades on top for energy conglomerates, lenders and consumer brands
Chipmaker’s ascent to highest market capitalisation ends two decades on top for energy conglomerates, lenders and consumer brands
SEOUL, July 31 (Yonhap) -- Daily foreign exchange (FX) trading by banks in South Korea hit an all-time high in the second quarter, driven by foreigners' investment in the local equity market, central bank data showed Friday.
SEOUL, July 31 (Yonhap) -- The North Korean economy grew more than 3 percent for the third consecutive year in 2025, supported by expanded economic cooperation with Russia, South Korea's central bank said Friday.
Expedition on Broad Peak includes mountaineers from Nepal, the US, Pakistan, Oman and China
The Chongqing disaster two weeks ago swept away several residential buildings and buried others in gigantic boulders and mud
The Chongqing disaster two weeks ago swept away several residential buildings and buried others in gigantic boulders and mud
Sookmyung Women’s University said Friday it will participate in the 2026 US-Korea Conference on Science, Technology and Entrepreneurship in Florida next month, as the women-only university seeks to expand its research footprint in science and engineering.
Residents evacuated from their homes in southwestern Japan have been sleeping in their cars after a powerful earthquake killed at least 25 people. (AP video shot by Ayaka McGill)
SEOUL, July 31 (Yonhap) -- South Korean and Japanese financial authorities are maintaining close coordination, a senior South Korean official said Friday, amid sharp overnight gains in the Korean won and the Japanese yen against the U.S. dollar.
U.S. Treasury Secretary Scott Bessent said he held a call Thursday with Chinese Vice Premier He Lifeng to lay the groundwork for President Xi Jinping’s U.S. visit, a discussion that also touched on numerous flashpoints between the two countries.
Case attracts widespread attention, rallying support for Qin in his quest to urge these companies to strengthen regulations that protect minors
Case attracts widespread attention, rallying support for Qin in his quest to urge these companies to strengthen regulations that protect minors
Chinese pundits say it remains very far from the point that China's immersion deep ultraviolet machines can compete with ASML's.
SEOUL, July 31 (Yonhap) -- The value of South Korea's investment funds jumped 26 percent in the first half of this year from six months earlier, thanks to an increase in funds traded on stock exchanges, data showed Friday.
Across the country, workers are fearful about the impact of AI on their livelihoods in an increasingly fragile labour market
The group, led by ‘14 Peaks’ star Nirmal Purja, is made up of climbers from Nepal, the US, China, Pakistan and Oman
The group, led by ‘14 Peaks’ star Nirmal Purja, is made up of climbers from Nepal, the US, China, Pakistan and Oman
KUMAMOTO – Twenty-five cats trapped inside a shopping mall that was gutted in an explosion following a major earthquake have been rescued, the operator said Thursday, triggering huge relief on social media.
China has given its response on Thursday to a prior Reuters investigation which strongly alleged that Beijing is preparing to transfer up to 400 Chinese-made shoulder-fired air-defense missile launchers MANPADS to Iran.
Beijing’s tightening scrutiny of overseas trading has not significantly harmed ‘legitimate’ cross-border investment flows, lender says
Beijing’s tightening scrutiny of overseas trading has not significantly harmed ‘legitimate’ cross-border investment flows, lender says
Shipments to Asean have surged 246% this year as cross-border healthcare platforms pave way for manufacturers to challenge US giants like Intuitive Surgical
SEOUL, July 31 (Yonhap) -- South Korea's tax revenue rose by 5.5 trillion won (US$3.85 billion) in June from a year earlier on higher incomes and an increase in the number of homes traded, data showed Friday.
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South Korean golfers arrive at Ibaraki Airport, northeast of Tokyo, on June 29. Local courses are betting on such visitors to drive up business. (All photos by Yuki Kohara)
China's factory activity unexpectedly contracted in July, snapping four straight months of expansion as the export rush that powered a second-quarter rebound began to unwind, piling pressure on Beijing to boost domestic demand.
SEOUL, July 31 (Yonhap) -- South Korea's customs agency said Friday it had seized 2.1 tons of drugs in a recent joint global operation with partners in the Asia-Pacific region.
South Korea will closely monitor economic conditions and take "timely" measures, the finance minister said Friday, amid recent volatility in the financial markets.
SEOUL, July 31 (Yonhap) -- South Korea will closely monitor economic conditions and take "timely" measures, the finance minister said Friday, amid recent volatility in the financial markets.
SEOUL, July 31 (Yonhap) -- North Korea on Friday criticized a move by the United States Forces Japan (USFJ) to increase troop numbers aimed at improving coordination with Japan's Self-Defense Forces.
The Pentagon’s push for mandatory hormone testing raises questions about the future of humans on the battlefield
The Pentagon’s push for mandatory hormone testing raises questions about the future of humans on the battlefield
A currency trader talks on the phone at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Thursday, July 30, 2026. (AP Photo/Ahn Young-joon)
Michelle Park Steel, the new US ambassador to South Korea, on Friday called for joint efforts to write the "next chapter" in the Seoul-Washington alliance, stressing that the decadeslong partnership should remain "results oriented" and "forward leaning."
President Lee Jae Myung said Thursday that South Korea and Chile can create significant synergy in areas from critical minerals and advanced manufacturing to the defense industry, if they join hands.
South Korea's industrial output rebounded in June from a month earlier, snapping two months of decline led by the automobile and semiconductor industries, data showed Friday, with retail sales and facility investment also gaining ground.
South Korea's chip heavyweights SK Hynix and Samsung Electronics soared more than 20% in Seoul on Friday, tracking a sharp rally in U.S. technology stocks after blockbuster earnings from Amazon and Microsoft revived optimism around artificial intelligence spending.
