Will South Korea’s ‘Goldilocks’ missile dent China’s Middle East arms ambitions?
The Cheongung-II has reportedly achieved a 96.7% intercept rate against Iranian drones and ballistic missiles
· Seong Hyeon Choi
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Newest first · UTC+11:00Will South Korea’s ‘Goldilocks’ missile dent China’s Middle East arms ambitions?
The Cheongung-II has reportedly achieved a 96.7% intercept rate against Iranian drones and ballistic missiles
· Seong Hyeon Choi
Hanwha Solutions scales back rights offering after regulator scrutiny, shareholder backlash
Hanwha Solutions has scaled back its planned rights offering from 2.4 trillion won to 1.8 trillion won ($1.6 billion to $1.2 billion), after facing scrutiny from South Korea’s financial regulator, the company said Friday.
· Ahn Sung-mi
KIT World reaches agreement with US investors on project terms
KIT World said Thursday it had reached an agreement with US financial institutions and investors on the overall investment terms for its “KIT World Project” in Yeongjongdo, Incheon.
· Jeon Ji-woo
(LEAD) Seoul shares snap 3-day rise on profit-taking amid hopes for 2nd round of U.S.-Iran peace talks; won declines
(ATTN: ADDS bond yields at bottom, new photo)
· Kim Boram
Korea launches W80tr support program for steel industry
The Financial Services Commission on Friday unveiled an 80 trillion won ($54 billion) support package for the steel industry, seeking to contain fallout from war in the Middle East before it spreads to sectors such as machinery and electronics.
· Choi Ji-won
Lucy Liyou: Mr Cobra review – an arresting trip through the volatile emotions of a predatory relationship
(Orange Milk)The Korean American musician explores the unease and alarm of power imbalance using skittish melodies, nursery rhymes – and an unexpected Taylor Swift sample
· Hugh Morris
K-pop's biggest labels mull Coachella-style global 'Fanomenon' event
SEOUL — South Korea's biggest K-pop agencies are in talks to join forces on a global music festival that could bring together the industry's top stars, in what some local media have billed as a Korean version of the United States music festival Coachella.
· Reuters
S. Korea, Bahrain exchange letters commemorating 50th anniv. of diplomatic ties
SEOUL, April 17 (Yonhap) -- South Korea and Bahrain exchanged letters between their top diplomats to commemorate the 50th anniversary of the establishment of diplomatic relations, the foreign ministry said Friday.
· Kim Seung-yeon
'We Are All Trying Here' finds healing in struggle for self-worth everyone secretly carries
SEOUL, April 17 (Yonhap) -- Park Hae-young, the acclaimed writer behind "My Mister" and "My Liberation Notes" is back, this time with yet another tender story about the quiet courage it takes to tell someone that they matter, and the profound healing that follows when they finally allow themselves to believe it.
· Woo Jae-yeon
S. Korea voices hope Israel-Lebanon ceasefire will help restore Mideast stability
SEOUL, April 17 (Yonhap) -- South Korea on Friday welcomed the ceasefire agreed between Israel and Lebanon, voicing hope that the move will help bring stability in the Middle East and advance peace talks between the United States and Iran.
· Kim Seung-yeon
KRX announces revised delisting rules for penny stocks
SEOUL, April 17 (Yonhap) -- The Korea Exchange (KRX) said Friday it has changed some of the rules related to penny stocks subject to potential delisting under its tightened delisting rules set to take effect this year.
· Kang Jae-eun
Seoul shares snap 3-day rise on profit-taking amid hopes for 2nd round of US-Iran peace talks; won declines
South Korean stocks ended a three-session winning streak Friday on profit-hunting as investors sat on the sidelines amid diplomatic moves for a possible second round of US-Iran peace talks. The local currency fell against the US dollar.
· Yonhap
Jollibee gets South Korean antitrust agency’s nod for Shabu All Day acquisition
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· Tati Maligro
Key developments on North Korea this week
SEOUL, April 17 (Yonhap) -- The following are key developments regarding North Korea this week.
· Kim Hyun-soo
Summary of external news of North Korea this week
SEOUL, April 17 (Yonhap) -- The following is a summary of external news on North Korea this week.
· Kim Hyun-soo
Summary of domestic news in North Korea this week
SEOUL, April 17 (Yonhap) -- The following is a summary of domestic news in North Korea this week.
· Kim Hyun-soo
Summary of inter-Korean news this week
SEOUL, April 17 (Yonhap) -- The following is a summary of inter-Korean news this week.
· Kim Hyun-soo
Daewoong Pharmaceutical’s Fexuclu gets green light in Indonesia
Korean drugmaker eyes $155m market in Southeast Asian country
· Kan Hyeong-woo
Seoul shares snap 3-day rise on profit-taking amid hopes for 2nd round of U.S.-Iran peace talks; won declines
SEOUL, April 17 (Yonhap) -- South Korean stocks ended a three-session winning streak Friday on profit-hunting as investors sat on the sidelines amid diplomatic moves for a possible second round of U.S.-Iran peace talks. The local currency fell against the U.S. dollar.
· Kim Boram
'AI shamans' tell the fortunes of curious South Koreans
SEOUL, South Korea — The sound of tinkling bells drifts through an alley in central Seoul, an unmistakable sign that a shaman is near -- although in this case the mystic is a robot powered by artificial intelligence.
· Agence France-Presse
ChatGPT can now read Korea's HWP documents
OpenAI said Friday that its generative artificial intelligence chatbot ChatGPT now supports Korea’s widely used HWP and HWPX document formats, allowing users to upload and analyze files without conversion.
· Jie Ye-eun
Samsung, SK, Hyundai Motor, LG chiefs to join Lee’s India, Vietnam trip
The chiefs of South Korea’s four largest conglomerates, Samsung, SK, Hyundai Motor and LG, are set to visit India and Vietnam next week as part of a business delegataion accompanying President Lee Jae Myung’s visit to the two countries.
· Ahn Sung-mi
Unionized workers of Samsung Electronics warn of up to 30 tln-won loss from planned general strike
SEOUL, April 17 (Yonhap) -- Unionized workers of Samsung Electronics Co. on Friday argued the tech giant may lose up to 30 trillion won (US$20.3 billion) in profit this year alone should it go ahead with its walkout as planned.
· Kim Boram
FSC chief vows financial support packages for Mideast crisis-hit firms
SEOUL, April 17 (Yonhap) -- The chief of the country's financial regulator said Friday that banks and state-run lenders will provide a set of financial support packages to the Middle East crisis-hit companies to ease their financial burdens and potential liquidity shortage.
· Park Sang-soo
Nat'l security adviser, EU official discuss economic security cooperation amid Mideast crisis
SEOUL, April 17 (Yonhap) -- National Security Adviser Wi Sung-lac held talks with the European Union (EU)'s top trade negotiator Friday to discuss strengthening economic security cooperation amid energy market uncertainties stemming from the Middle East conflict, Cheong Wa Dae said.
· Kim Eun-jung
Galaxy Corp. enters UAE as first Korean entertainment firm
Dubai branch to anchor global expansion through AI and content ventures
· Kim Jae-heun
(LEAD) Seoul's finance chief calls for global efforts on supply chain stability at G20 meeting
(ATTN: ADDS separate meetings with global counterparts in last 6 paras, additional photo)
· Oh Seok-min
4 SPC Samlip officials booked over workers' finger injuries
SEOUL, April 17 (Yonhap) -- Police said Friday they have booked the manager of SPC Samlip Co.'s bread factory in Siheung, just southwest of Seoul, and three other officials in connection to an accident in which workers' fingers were severed last week.
· Yoo Cheong-mo
HD Hyundai Heavy wins 674.7 bln-won VLGC order in Middle East
SEOUL, April 17 (Yonhap) -- HD Hyundai Heavy Industries Co., South Korea's leading shipbuilder, said Friday it has secured a 674.7 billion-won (US$456 million) contract to build four gas carriers for a Middle East-based client.
· Choi Kyong-ae
Skin boosters made from cadavers raise ethical concerns
Human-derived materials in South Korea’s aesthetics industry are attracting criticism, as companies launch extracellular matrix skin boosters made from donated human skin.
· Lim Jae-seong
‘How to marry a doctor’ content goes viral, faces backlash
In South Korea, social media content offering tips on how to marry a doctor is gaining traction — and drawing backlash for portraying marriage as primarily about money.
· Park Jun-hee
Industry minister stresses balanced regional development through local industrial growth
SEOUL, April 17 (Yonhap) -- Industry Minister Kim Jung-kwan visited the country's central region Friday and discussed ways to promote balanced regional development by nurturing cutting-edge industries across the country, his office said.
· Kang Jae-eun
UNC deputy commander hosts NATO delegation's visit to JSA this week
SEOUL, April 17 (Yonhap) -- The deputy commander of the United Nations Command (UNC) has hosted a delegation of permanent representatives to the North Atlantic Treaty Organization (NATO) at the Joint Security Area within the Demilitarized Zone separating the two Koreas, the U.S. Indo-Pacific Command said Friday.
· Kim Hyun-soo
Is early warm weather sign of hotter, wetter summer? No, says weather agency
The unusually warm early spring weather has sparked speculation that South Korea could face a long rainy season and extreme heat later this summer, as daytime highs in Seoul climbed to 28 degrees Celsius this week.
· Lim Jae-seong
Google removes 175.5m ads in Korea as AI tightens enforcement
Google said Friday it has removed 175.5 million policy-violating ads in South Korea last year, as the US tech giant stepped up enforcement using its artificial intelligence model Gemini.
· Jie Ye-eun
Spacecraft touches down in Gyeongbokgung for Royal Culture Festival
A hanbok fashion show unfolds on a space station-like stage set along the “king’s road”: a DJ mixes traditional Korean music with electronic dance beats, dancers join hands and move in a widening circle to a hip-hop rhythm as they sing “Ganggangsullae.”
· Hwang Dong-hee
(LEAD) Seoul says explained to U.S. background of minister's remarks on N. Korea's Kusong nuclear facility
(ATTN: REWRITES headline; ADDS details, remarks throughout, photo)
· Lee Minji
Seoul's finance chief calls for global efforts on supply chain stability at G20 meeting
SEOUL, April 17 (Yonhap) -- Finance Minister Koo Yun-cheol has urged major economies to work together to bolster global supply chains and reinforce economic resilience amid the Middle East crisis, according to his office Friday.
· Oh Seok-min
Special counsel team raids Coast Guard over alleged martial law role
GWACHEON, South Korea, April 17 (Yonhap) -- A special counsel team raided the Coast Guard's offices Friday, reopening an investigation into the agency's suspected involvement in former President Yoon Suk Yeol's failed martial law bid in 2024.
· Chae Yun-hwan
Thai star Billkin to hold first solo concert in Seoul in June
Singer-actor returns to Korea after two years as part of global tour
· Kim Jae-heun
S. Korean tanker navigates Red Sea amid Hormuz blockade
A South Korea-owned vessel has departed from the Red Sea, the first Korean ship to use it as an alternative route to transport crude oil amid the closure of the Strait of Hormuz, the government said Friday.
· Lee Sun-young
Lee hails S. Korean oil tanker exiting Red Sea
SEOUL, April 17 (Yonhap) -- President Lee Jae Myung on Friday shared a news report that a South Korean oil tanker exited the Red Sea, marking the first shipment of crude oil to the nation since the blockade of the Strait of Hormuz.
· Kim Eun-jung
FM Cho vows efforts to secure alternative naphtha supply routes amid Mideast crisis
SEOUL, April 17 (Yonhap) -- Foreign Minister Cho Hyun on Friday vowed every effort to secure alternative routes for naphtha imports amid supply disruptions triggered by the Middle East crisis, as he held a meeting with local petrochemical industry officials, the foreign ministry said.
· Kim Seung-yeon
Elusive wolf that captivated a nation caught after nine days on the run
Seoul: A wolf that escaped from a zoo in the South Korean city of Daejeon has been recaptured after being on the run for nine days, bringing to an end a saga that forced an elementary school to close, spawned a meme coin and involved a search party of more than 100 people.
· Minwoo Park, Joyce Lee
Enhypen’s Jungwon named ambassador for ‘Seoul International Garden Show’
Singer to promote citywide festival through campaigns, events, digital content
· Kim Jae-heun
Seoul steps up efforts to secure oil, naphtha from North Africa amid Middle East disruptions
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…
· Jung Min-kyung
Daewoo E&C bolsters Japan ties for global energy push
Korean builder logs $71b in 481 overseas projects in 50 countries since founding
· Kan Hyeong-woo
Finance Minister eyes Korea as UN AI hub
Koo Yun-cheol says AI push can address growth and imbalances as Seoul seeks to host global agencies' AI units
· Choi Ji-won