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Disgraced soccer figures apologize for World Cup group stage elimination

Disgraced soccer figures on Thursday apologized for the group stage elimination of the South Korean men's national team from the World Cup. They were summoned to a parliamentary hearing on alleged corruption in the Korea Football Association, including its controversial head coach hiring process.

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Lee vows practical support for overseas Koreans during Chile visit

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…

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Fed's rate freeze intensifies uncertainty over U.S. monetary policy amid renewed Mideast tensions: BOK

SEOUL, July 30 (Yonhap) -- The U.S. Federal Reserve's decision to leave interest rates unchanged in a split vote has heightened uncertainty over the future path of U.S. monetary policy, while persistent Middle East tensions continue to pose risks to financial markets, the Bank of Korea (BOK) said Thursday.

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BMW to cut 8,000 jobs – media

German auto giant BMW is planning to slash some 8,000 jobs globally by the end of 2027, according to several news media outlets, including Reuters and Bloomberg. German workers are expected to be particularly affected as the manufacturer is dealing with high production costs in Europe, as well as plunging sales in C…

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