South Korea recorded its first monthly travel account surplus in more than 11 years in March, largely attributed to K-pop superband BTS’ return, which drew a significant influx of foreign visitors to the country.
SEOUL, May 8 (Yonhap) -- President Lee Jae Myung and first lady Kim Hea Kyung on Friday visited a traditional market in central Seoul and met with merchants and shoppers as part of efforts to check on people's livelihoods.
I’m a staff reporter for The Korea Herald, covering national security and foreign policy across the Defense, Foreign and Unification Ministries, as well as the National Assembly. Before entering journalism, I served as an Air Force lieutenant, working as an interpreter and junior planner at the ROK–US Combined Force…
Capital Group, one of the world's largest asset managers, has acquired a more than 5 percent stake in South Korean tobacco company KT&G, adding its name to a growing list of heavyweight foreign shareholders.
SEOUL, May 8 (Yonhap) -- An appeals court on Friday overturned a lower court's acquittal of a former prosecutor on charges of violating the anti-graft law in a bribery case involving former first lady Kim Keon Hee.
SEOUL, May 8 (Yonhap) -- Samsung Electronics Co.'s labor union said Friday it will resume negotiations with management next week after an initial round of talks broke down over bonuses.
Jang Dong-hyeok, leader of South Korea's opposition conservative People Power Party, speaks at a news conference in Seoul on May 8. (Photo by Ahn Seong-bok)
SEOUL, May 8 (Yonhap) -- Asia's football governing body has expressed its hope to keep politics and the sport separate when women's clubs from the two Koreas clash in a much-anticipated match south of the border later this month.
SEOUL, May 8 (Yonhap) -- Police said Friday they will step up patrols and inspections after the recent random killing of a female high school student in the southwestern city of Gwangju sparked public anxiety.
SEOUL, May 8 (Yonhap) -- South Korea is not considering signing a bilateral military logistics support agreement with Japan, a defense ministry official said Friday, following a report suggesting Tokyo seeks to push for such a deal.
SEOUL, May 8 (Yonhap) -- A special investigation committee on the 2022 Itaewon crowd crush decided Friday to file a complaint against the head of the Yongsan ward office for allegedly giving instructions that prevented officials from immediately responding to the tragedy.
A special envoy of South Korea's foreign minister has visited Kuwait, Bahrain and Iraq and met with officials to discuss cooperation in energy, infrastructure and other sectors amid the ongoing Middle East conflict, Seoul's foreign ministry said Friday.
SEOUL, May 8 (Yonhap) -- Prime Minister Kim Min-seok presided over a meeting Friday to discuss how to carry out South Korea's official development assistance (ODA) over the next five years, including strategies for aid in the healthcare and cultural sectors, his office said.
SEOUL, May 8 (Yonhap) -- A special envoy of South Korea's foreign minister has visited Kuwait, Bahrain and Iraq and met with officials to discuss cooperation in energy, infrastructure and other sectors amid the ongoing Middle East conflict, Seoul's foreign ministry said Friday.
South Korea’s Supreme Court on Friday has confirmed a two-year prison sentence for Cho Hyun-bum, chair of auto parts and tire-maker Hankook & Co., after finding him guilty of the embezzlement of company funds and breach of trust.
SEOUL, May 8 (Yonhap) -- South Korean stocks extended their winning streak to a fourth session Friday, reversing an earlier loss amid renewed Middle East tensions. The local currency dropped sharply against the U.S. dollar.
SEOUL, May 8 (Yonhap) -- The ruling Democratic Party's (DP) push to put a constitutional change to a national vote in the upcoming local elections fell through Friday as the main opposition People Power Party (PPP) continued to boycott a parliamentary vote on the proposal.
Many older people in Korea are sharing the child-rearing burden of their own children, but a survey showed Friday that a substantial portion of them would rather not help out so much.
South Korea's two largest convenience store chains notched record quarterly revenue in the first quarter, prioritizing profitability over expansion amid high inflation.
SEOUL, May 8 (Yonhap) -- The foreign ministry said Friday it has conducted a simulation drill in Georgia for the evacuation of South Koreans in the event of political unrest as part of efforts to strengthen overseas crisis response capabilities.
SEOUL, May 8 (Yonhap) -- A South Korean vessel has successfully passed through the Red Sea and is currently en route home, marking the fourth oil shipment of its kind, the oceans ministry said Friday.
Chinese electric vehicle makers are rapidly expanding into Korea, with premium EV brand Zeekr emerging as a new challenger to Hyundai Motor’s Ioniq lineup in the premium mainstream segment, while BYD intensifies price competition against mass-market models from Kia.
SEOUL, May 8 (Yonhap) -- A special parliamentary committee filed complaints Friday against 31 individuals linked to allegations of fabricated indictments, including cases involving President Lee Jae Myung, on charges of perjury and others.
South Korean prosecutors on Friday said they have indicted nine individuals for allegations of stock price rigging, the list of which included a former soccer player, the husband of a TV celebrity and a high-ranking official of a securities firm.
SEOUL, May 8 (Yonhap) -- Budget Minister Park Hong-keun on Friday emphasized greater budgetary support for local renewable energy companies to help them strengthen their global competitiveness.
South Korean police said Thursday that two officials of a local Taekwondo academy have been booked for attempted murder, after allegedly conspiring to kill the husband of one of the suspects, with at least 10 days' premeditation of the crime.
SEOUL, May 8 (Yonhap) -- HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Friday it has secured orders worth a combined 2.1 trillion won (US$1.4 billion) to build six container ships and two gas carriers.
President Lee Jae Myung held talks via phone with Canadian Prime Minister Mark Carney to discuss ways to deepen strategic ties between the two countries, according to Cheong Wa Dae on Friday.
Disney's "Frozen" has unveiled the principal cast for its Korean premiere, with three actors each set to share the roles of sisters Elsa and Anna when the musical opens Aug. 13 at Charlotte Theatre in Seoul.
I’m a staff reporter for The Korea Herald, covering national security and foreign policy across the Defense, Foreign and Unification Ministries, as well as the National Assembly. Before entering journalism, I served as an Air Force lieutenant, working as an interpreter and junior planner at the ROK–US Combined Force…
1928 -- Japanese colonial authorities suspend publication of the Chosun Ilbo newspaper for running an editorial critical of Japan's military advancement into the Chinese province of Shandong. The move, which marked the fourth suspension of a Korean newspaper by Japanese authorities, lasted 133 days.
An oil tanker that passed through the Strait of Hormuz arrived in South Korea on Friday, the first such vessel to reach the Asian nation by that route since Iran declared the critical waterway closed.
A Malta-flagged oil tanker was seen near Daesan Port on Friday. The Odessa is the first crude oil tanker that has passed through the Strait of Hormuz and arrived in South Korea since the outbreak of Iran war.
SEOUL, May 8 (Yonhap) -- President Lee Jae Myung warned Friday that hoarding supplies amid shortages caused by the Middle East war will lead people to "ruin."
Samsung Electronics is expanding staffing for its robotics control tower as the South Korean tech giant seeks to expand its robot business, industry sources said Friday.
MBK Partners, the South Korean private equity firm engaged in a prolonged control battle over Korea Zinc, has pushed back against concerns over potential Chinese influence following its decision to hire an additional US lobbyist to handle matters related to the US watchdog for foreign investment.