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BOK hikes rate after yearlong pause

The Bank of Korea on Thursday raised its benchmark interest rate for the first time since May 2025, ending a pause in monetary policy that had persisted for more than a year, as mounting inflationary pressures and the prolonged weakness of the won strengthened the case for further monetary tightening.

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[Wang Son-taek] NATO diplomacy in a multilayered world

South Korean President Lee Jae Myung's participation in this year's NATO summit and his commitment to expanding defense industrial cooperation with the alliance have received widespread praise at home. Supporters view the visit as an opportunity to strengthen Korea's defense industry and deepen strategic cooperation…

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