SEOUL, May 21 (Yonhap) -- A Seoul court on Thursday sentenced former National Intelligence Service (NIS) Director Cho Tae-yong to 1 1/2 years in prison for committing perjury while testifying in a National Assembly hearing.
SEOUL, May 21 (Yonhap) -- South Korean stocks spiked more than 8 percent Thursday on tech gains, after Samsung Electronics averted a strike and strong earnings from Nvidia, along with optimism over its robotics business outlook, boosted investor sentiment. The local currency gained ground against the U.S. dollar.
SEOUL, May 21 (Yonhap) -- South Korea and the Inter-American Development Bank (IDB) agreed to seek closer cooperation in carrying out development projects in Latin America using artificial intelligence (AI) technologies, the finance ministry said Thursday.
SEOUL, May 21 (Yonhap) -- Celltrion Inc., a South Korean bio firm, said Thursday it will accelerate its shareholder-friendly policies, including the issuance of bonus shares.
SEOUL, May 21 (Yonhap) -- The chief of the country's financial regulator said Thursday his agency will soon revise regulations for offshore retail investors so they can buy and sell exchange-traded funds (ETFs) via so-called omnibus accounts, a move aimed at attracting more foreign capital into the domestic stock ma…
The South Korean benchmark Kospi surged on Thursday, led by a sharp rally in Samsung Electronics after the memory chip giant averted a strike through a last-minute labor agreement.
Lim Ae-ji of South Korea's national boxing team won a gold medal at the 63rd Belgrade Winner Tournament, raising expectations ahead of the 2026 Aichi-Nagoya Asian Games.
SEOUL, May 21 (Yonhap) -- The chief of the country's financial regulator said Thursday that local insurers and other financial firms will provide full support to small and mid-sized shipping companies hit by the war between the United States and Iran in the Middle East.
SEOUL, May 21 (Yonhap) -- South Korea on Thursday unveiled its vision to launch the Global AI Hub in the country aimed at bringing together the artificial intelligence (AI) capabilities of global organizations to address challenges, such as disease control and climate change.
SEOUL, May 21 (Yonhap) -- A court on Thursday acquitted a former chief of the Presidential Security Service of destroying evidence related to former President Yoon Suk Yeol's brief imposition of martial law by deleting data from secure phones used by Yoon and other officials.
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 …
SEOUL, May 21 (Yonhap) -- The foreign ministry said Thursday it held a cyber deterrence meeting with partner nations to discuss ways to strengthen international cooperation against growing cyberthreats driven by emerging technologies.
SEOUL, May 21 (Yonhap) -- The presidential office on Thursday pledged to provide active support for companies and labor unions to settle negotiations in a reasonable manner, emphasizing the impact that labor-management disputes can have on the economy.
SEOUL, May 21 (Yonhap) -- HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Thursday it has secured a 1.78 trillion-won (US$1.18 billion) contract to build six very large ammonia carriers (VLACs).
SEOUL, May 21 (Yonhap) -- The defense ministry on Thursday hosted an exhibition featuring advanced defense technologies based on robotics and artificial intelligence (AI), officials said.
Kolmar Korea said Thursday it had developed a new antiaging ingredient called Tocopherol-Oxalate-Tocopherol, or TOT, through joint research with a team led by Lee Dong-won at Jeonbuk National University.
SEOUL, May 21 (Yonhap) -- Mick Mulvaney, former acting White House chief of staff during U.S. President Donald Trump's first administration, said Thursday that U.S. trade protectionism is likely to continue even after Trump's second term.
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…
SEOUL, May 21 (Yonhap) -- Non-life insurers' loss rate for their auto insurance businesses rose in the first four months of the year due to a rise in traffic and increased costs, industry data showed Thursday.
The Ministry of Education said Thursday it has expanded and relocated its Korean Education Center in Paraguay, as demand for Korean-language education grows in the South American country.
While many South Korean office workers anticipate Monday’s substitute holiday for Buddha’s Birthday, nearly 3 million employees at businesses with fewer than five staff members may not receive the day off.
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 …
SEOUL, May 21 (Yonhap) -- The defense ministry said Thursday it is working to fix errors in the list of service members and civilian military employees eligible for a one-time government cash payment aimed at easing the burden of rising fuel prices.
SEOUL, May 21 (Yonhap) -- South Korea's top 10 businesses accounted for more than half of the country's total exports in the first quarter of 2026, data showed Thursday, driven by robust semiconductor shipments.
SEOUL, May 21 (Yonhap) -- South Korea will conduct an investigation into artificial intelligence (AI) service providers to address potential antitrust and consumer rights issues in the fast-growing industry, the fair trade watchdog said Thursday.
SEOUL, May 21 (Yonhap) -- South Korea plans to complete at least 70 percent of the tasks required in the first half for inclusion in the developed market status under Morgan Stanley Capital International (MSCI), the finance ministry said Thursday.
SEOUL, May 21 (Yonhap) -- A South Korean Earth-observation satellite is set to be launched in the United States in July, the Korea Aerospace Administration (KASA) said Thursday.
Korean food supplier Sempio said Thursday it had run its first live-streamed online cooking class with consumers in the United States to make the most of the growing popularity of Korean culinary culture.
SEOUL, May 21 (Yonhap) -- HD Hyundai said Thursday its shipbuilding unit HD Hyundai Heavy Industries Co. has been selected as a preferred supplier for a next-generation nuclear reactor project led by U.S. small modular reactor (SMR) developer TerraPower.
SEOUL, May 21 (Yonhap) -- President Lee Jae Myung's approval rating fell for a second consecutive survey to 66 percent, a biweekly poll showed Thursday.
SEOUL, May 21 (Yonhap) -- Israel has released two South Korean nationals captured while heading for the Gaza Strip aboard humanitarian aid vessels, the presidential office said Thursday, welcoming their release.
Shares of Samsung Electronics jumped more than 6% on Thursday after its labor union suspended a planned 18-day strike late Wednesday, easing concerns over disruptions at the South Korean chipmaker.
SEOUL, May 21 (Yonhap) -- The culture ministry has awarded the Eungwan (Silver) Order of Cultural Merit to iconic theater actor Yoon Seok-hwa, who died late last year, sources said Thursday.
SEOUL, May 21 (Yonhap) -- South Korean stocks traded sharply higher late Thursday morning as Samsung Electronics averted a strike and other market heavyweights advanced on hopes for a possible agreement between the United States and Iran to end the war in the Middle East.
SEOUL, May 21 (Yonhap) -- A group of shareholders of Samsung Electronics Co. on Thursday called the tentative wage deal struck between the company and its labor union illegal, vowing to take legal action against it.
SEOUL, May 21 (Yonhap) -- Unification Minister Chung Dong-young said Thursday a summit between Pyongyang and Washington could be on the agenda if China's leader Xi Jinping visits North Korea.
SEOUL, May 21 (Yonhap) -- Lee Eun-woo, former head of public broadcaster KTV, appeared at a court Thursday for a hearing on his potential arrest over allegations that he promoted insurrection in connection with former President Yoon Suk Yeol's martial law imposition in 2024.
SEOUL, May 21 (Yonhap) -- South Korea on Thursday raised its travel alert for Uganda and plans to impose a travel ban on part of the Democratic Republic of the Congo amid the spread of the Ebola virus disease in the region.
CJ Olive Young Corp., South Korea's leading health and beauty retailer, said Thursday it is opening its first US outlet in Pasadena, California, next week, set to serve as an advance base for the brand's global expansion.
A currency trader talks on the phone near a screen showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won, left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Wednesday, May 20, 2026. (AP Photo/Ahn Young…
SEOUL, May 21 (Yonhap) -- Director Yeon Sang-ho's "Colony" is the latest addition to his collection of finely crafted zombie universes -- this time featuring zombies evolving with collective intelligence -- culminating in a stylish and action-packed two-hour ride that perhaps whizzes by too quickly to fully develop …
South Korean police said Thursday they plan to refer a man in his 70s to prosecutors for allegedly threatening two Nepali co-workers with a homemade gun.
SEOUL, May 21 (Yonhap) -- South Korea and the Netherlands have upgraded their memorandum of understanding (MOU) on bilateral agriculture cooperation for the first time in 13 years, the agriculture ministry said Thursday.