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SEOUL — The market value of South Korea's Samsung Electronics smashed past $1 trillion for the first time Wednesday as the firm rides an AI chip boom that has sent Seoul's Kospi stock index to record highs.
The South Korean Embassy in the United States has replied to a letter from US Republican lawmakers taking issue with what they described as discriminatory regulations against e-commerce giant Coupang and other American companies, the foreign ministry said Wednesday.
Foreign Minister Cho Hyun held phone talks with his Jordanian counterpart Wednesday to discuss the latest developments in the Middle East and bilateral relations, Seoul's foreign ministry said.
South Korea's presidential office said on Wednesday it had suspended a review of whether to participate in a US operation to escort ships through the Strait of Hormuz after US President Donald Trump put the mission on hold.
SEOUL, May 6 (Yonhap) -- Samsung Electronics has decided to withdraw its home appliance and TV sales business in China amid its struggle to shore up its presence in one of the world's most important markets, industry sources said Wednesday.
SEOUL, May 6 (Yonhap) -- South Korea and Morocco agreed to closely cooperate for the early launch of negotiations for a bilateral comprehensive economic partnership agreement (CEPA), Seoul's trade ministry said Wednesday.
The ruling Democratic Party of Korea on Wednesday unveiled five more candidates for the upcoming parliamentary election in June, to be held the same day as South Korea's local election.
SEOUL, May 6 (Yonhap) -- The South Korean Embassy in the United States has replied to a letter from U.S. Republican lawmakers taking issue with what they described as discriminatory regulations against e-commerce giant Coupang and other American companies, the foreign ministry said Wednesday.
SEOUL, May 6 (Yonhap) -- Foreign Minister Cho Hyun held phone talks with his Jordanian counterpart Wednesday to discuss the latest developments in the Middle East and bilateral relations, Seoul's foreign ministry said.
North Korea has revised its constitution to define its territory as bordering South Korea and remove references to reunification, according to a draft of the text reviewed by Reuters, codifying leader Kim Jong Un’s push to treat the two Koreas as separate states.
Korea Zinc reported record-breaking earnings for the first quarter this year, primarily driven by a surge in demand for critical minerals.
SEOUL, May 6 (Yonhap) -- The foreign ministry said Wednesday it held a working-level meeting with officials from major oil refiners here to discuss ways to diversify the country's crude oil supply by expanding imports from Latin America and the Caribbean.
Three-term lawmaker Rep. Han Byung-do was reelected as the ruling Democratic Party of Korea's floor leader on Wednesday.
SEOUL, May 6 (Yonhap) -- Iran on Wednesday denied any military involvement in a recent explosion and fire on a South Korean-operated vessel in the Strait of Hormuz.
SEOUL, May 6 (Yonhap) -- Doosan Bears manager Kim Won-hyong admits he had some reservations about Daz Cameron earlier in the season, when the new American outfielder was struggling to string together hits against Korea Baseball Organization (KBO) pitchers.
A 39-year-old man was sentenced to 11 years in prison for attempting to abduct, rob and kill the head of a company in Incheon after months of planning, a court said Wednesday.
(ATTN: UPDATES with S. Korean participation in drills)
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 …
In South Korea’s fiercely competitive job market, even a company jacket can become a status symbol.
SEOUL, May 6 (Yonhap) -- A U.S. Marine unit based in Japan has demonstrated aviation ground support and logistics capabilities during a readiness evaluation session, aimed at strengthening interoperability with South Korean Marines, the U.S. Indo-Pacific Command said Wednesday.
SEOUL, May 6 (Yonhap) -- South Korean soprano Sumi Jo, widely regarded as one of the leading voices in classical music, said Wednesday she feels proud as she reflects on her four decades-long career on the international stage.
SEOUL, May 6 (Yonhap) -- South Korea will conduct an integrated military firepower exercise open to the public later this month, showcasing its advanced maneuvering of key defense assets, the defense ministry said Wednesday.
Chip sales surge 138 percent amid strong memory price, AI server boom
SEOUL, May 6 (Yonhap) -- The unification ministry on Wednesday expressed condolences over the death of former Prime Minister Lee Hong-koo, praising his contributions to inter-Korean reconciliation and unification efforts.
Jungkook of BTS has been selected as the subject of a US educational book series for elementary school students, becoming the first Korean singer to be featured in the publication.
(ATTN: ADDS bond yields at bottom, new photo)
(ATTN: UPDATES with more remarks in last 3 paras)
SEOUL, May 6 (Yonhap) -- The second comprehensive special counsel team raided the Supreme Prosecutors Office (SPO) and the Ministry of Justice on Wednesday over an alleged mishandling of the prosecution investigation into former first lady Kim Keon Hee's acceptance of a luxury handbag from a Korean American pastor.
SEOUL, May 6 (Yonhap) -- The ruling Democratic Party (DP) reelected Rep. Han Byung-do as its floor leader Wednesday, marking the first time a DP whip was elected to a second consecutive term.
(ATTN: UPDATES with latest figures in paras 3-5, 10-17; CHANGES photo)
SEOUL, May 6 (Yonhap) -- The suspension of "Project Freedom," a U.S. operation to escort ships through the Iran-controlled Strait of Hormuz, has made it unnecessary for Seoul to review whether to participate, National Security Adviser Wi Sung-lac said Wednesday.
South Korean stocks shot up nearly 6.5 percent Wednesday, extending a record-breaking run to top the 7,300-point mark, driven by a semiconductor rally and optimism for a potential peace deal in the Middle East. The local currency also strengthened against the US dollar.
SEOUL, May 6 (Yonhap) -- A senior government official met Wednesday with an official of the Gates Foundation and discussed how to increase cooperation in the health care and bio sectors by taking advantage of artificial intelligence technology, the Prime Minister's Office said.
SEOUL, May 6 (Yonhap) -- Former Suwon FC head coach Kim Eun-jung was named as the new bench boss for the South Korean men's under-21 national football team on Wednesday.
Seoul – A South Korean judge who more than doubled the former first lady's prison sentence last month was found dead on Wednesday, police said.
SEOUL, May 6 (Yonhap) -- South Korean stocks shot up nearly 6.5 percent Wednesday, extending a record-breaking run to top the 7,300-point mark, driven by a semiconductor rally and optimism for a potential peace deal in the Middle East. The local currency also strengthened against the U.S. dollar.
Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts i…
SEOUL, May 6 (Yonhap) -- Barricades surrounding an iconic statue of a girl representing victims of Japan's wartime sexual slavery were permanently lifted Wednesday, six years after they were placed due to security concerns.
From milk tea to hot pot, Chinese chains find scale, profit in Korea
South Korea needs to practice patience and consistency toward North Korea amid ongoing external uncertainties linked to the Middle East conflict, National Assembly Speaker Rep. Woo Won-shik said Wednesday.
SEOUL, May 6 (Yonhap) -- The national football governing body announced Wednesday it will appeal a recent court ruling backing the sports ministry's demand for disciplinary action against its leader.
SEOUL, May 6 (Yonhap) -- President Lee Jae Myung was briefed Wednesday on a recent blast incident involving a South Korean-operated freight ship stranded in the Strait of Hormuz and the latest development in the Middle East conflict.
Previous slideNext slide Humanoid robot Gabi at a temple in Seoul. ReutersInfo Artist Oriol Vilanova, left, with his piece Los Restos on display during a preview of the 61st Venice Biennale, which runs from May 9 to November 22. EPAInfo Russian jets over St Basil’s Cathedral in Moscow during a rehearsal for a milita…
SEOUL, May 6 (Yonhap) -- The government will launch a fund of up to 600 billion won (US$412 million) later this month to help funnel more loans to firms specializing in artificial intelligence (AI) and other high-tech sectors, officials said Wednesday.
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…
SEOUL, May 6 (Yonhap) -- The government plans to expand eligibility for a compensation scheme for descendants of Korean independence fighters during Japan's 1910-45 colonial rule of the Korean Peninsula, the veterans ministry said Wednesday.
SEOUL, May 6 (Yonhap) -- The LG Twins announced Wednesday they will be without their cleanup hitter Moon Bo-gyeong for about a month due to an ankle injury.
SEOUL, May 6 (Yonhap) -- The foreign ministry on Wednesday urged South Korean travelers to exercise caution when carrying e-cigarettes overseas amid strict regulations in various countries.
North Korea's revised constitution has added a new territorial clause and dropped all references to unification, a document showed Wednesday, underscoring Pyongyang's push toward a "two hostile states" policy against South Korea.
South Koreans living overseas will be able to use local mobile numbers and electronic passports to verify their identities on Korean public websites, easing a long-running inconvenience for millions of nationals abroad.