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South Korean stocks closed lower Monday amid escalating tensions surrounding the Strait of Hormuz after the United States announced a blockade following failed peace talks with Iran. The local currency fell against the US dollar.
(ATTN: UPDATES paras 2, 7-8 with latest)
SEOUL, April 13 (Yonhap) -- South Korean stocks closed lower Monday amid escalating tensions surrounding the Strait of Hormuz after the United States announced a blockade following failed peace talks with Iran. The local currency fell against the U.S. dollar.
SEOUL, April 13 (Yonhap) -- A special counsel team on Monday sought a five-year prison term for a former Marine commander on charges of negligently causing the death of a young Marine in 2023.
LG Energy Solution CEO Kim Dong-myung said Monday that the South Korean battery maker aims to boost overall productivity by 50 percent by 2028 through an aggressive artificial intelligence transformation initiative.
A celebratory video for Trevor Paglen, winner of the LG Guggenheim Award, is displayed on an LG screen at Gwanghwamun Square in Seoul on Monday. LG Electronics said the video will run for five weeks, alongside screenings at Times Square in New York and Piccadilly Circus in London. Paglen is the fourth artist to be r…
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…
The city’s ‘companion service’ aims to help single-person households move house or visit hospital
The city’s ‘companion service’ aims to help single-person households move house or visit hospital
Online admissions webinar runs April 8-19 with 40 universities offering live consultations
SEOUL, April 13 (Yonhap) -- South Korean food company Paldo said Monday it has partnered with K-pop supergroup BTS to launch a new line of ramyeon products in the United States next week, as part of its global expansion strategy.
Mirae Asset's $5B bid opens rare window — if regulators allow
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 1936, a single piece of Joseon white porcelain fetched the equivalent of 15 houses at an auction in colonial 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…
SEOUL, April 13 (Yonhap) -- Industry Minister Kim Jung-kwan on Monday inspected manufacturing operations of daily necessities amid concerns over the supply of petrochemical feedstocks due to the ongoing Middle East conflict.
SEOUL, April 13 (Yonhap) -- Mercedes-Benz Korea on Monday introduced a centralized nationwide vehicle sales system that standardizes pricing and integrates various customer channels, marking a shift from its previous dealership-led model.
SEOUL, April 13 (Yonhap) -- Shin Hyun-song, the Bank of Korea (BOK) governor nominee, said Monday that authorities stand ready to respond to excessive foreign exchange volatility if needed, though the won's recent weakness does not signal a crisis given South Korea's ample foreign currency reserves and strong econom…
South Korea will commit 9 trillion won ($6.05 billion) to the Economic Development Cooperation Fund through 2028, cutting its overall three-year plan while broadening support into policy priority sectors such as AI, digital technology, culture, green energy and supply chains.
South Korea, along with Ukraine, is rapidly emerging as an alternative arms supplier for Gulf states seeking to shore up air defenses after large-scale Iranian attacks, The Wall Street Journal reported.
Book tours, embassy-led programs to transform Gwanghwamun, Cheonggyecheon and Seoul Plaza into international reading hubs
The Seoul Metropolitan Office of Education said Monday it had designated 91 additional schools as IB Interested Schools, a preliminary stage in which institutions familiarize themselves with the International Baccalaureate system before applying for candidate status.
1967 -- The General Agreement on Tariffs and Trade, a set of multilateral trade agreements aimed at the abolition of tariffs, quotas and subsidies, goes into effect in South Korea. The international accord was formed in 1947 and lasted until 1994, when its functions were taken over by the World Trade Organization.
Fears of a trash bag shortage appear to be settling down in South Korea.
South Korea ranks among the highest in public transportation usage among advanced economies, but still faces challenges in accessibility for foreign visitors.
Mexico’s Nuevo Leon is targeting Korean travelers and soccer fans ahead of the 2026 FIFA World Cup, highlighting strong connectivity, rising demand and an urban tourism strategy.
SEOUL, April 13 (Yonhap) -- The central bank on Monday called for the introduction of mechanisms similar to the bourse operator's circuit breakers for cryptocurrency exchanges, citing the absence of such systems as a key factor behind a recent erroneous payment incident.
AB6IX will host concerts in Seoul on May 23-24, announced agency Brand New Music Monday.
SEOUL, April 13 (Yonhap) -- The leader of the main opposition People Power Party (PPP) plans to meet with U.S. lawmakers and Trump administration officials during his weeklong trip to the United States, a PPP lawmaker said Monday.
Major online shopping platforms must provide screen reader compatibility for visually impaired users, South Korea’s Supreme Court said in a recent ruling.
SINGAPORE, April 13, 2026 /PRNewswire/ -- Digital travel platform Agoda's latest data unveils which Asian travelers have shopping top-of-mind when planning trips. Topping the ranking are travelers from Taiwan and South Korea, with nearly one in four (23%) respondents from each market saying shopping motivated their …
Shin Hyun-song, the Bank of Korea governor nominee, said Monday he has already sold a significant portion of his foreign currency-denominated financial assets and plans to further reduce his exposure.
India and South Korea held their third round of consular consultations in Seoul on Tuesday.
SEOUL, April 13 (Yonhap) -- South Korean stocks traded lower late Monday morning as investor concerns grew over a prolonged conflict in the Middle East after the U.S.-Iran peace talks failed to make progress, while U.S. President Donald Trump threatened a blockade of the Strait of Hormuz.
SEOUL, April 13 (Yonhap) -- Prime Minister Kim Min-seok on Monday paid his respects to two firefighters killed in a warehouse fire the previous day in the southwestern county of Wando.
SEOUL, April 13 (Yonhap) -- Shin Hyun-song, the Bank of Korea (BOK) governor nominee, said Monday he has already sold a significant portion of his foreign currency-denominated financial assets and plans to further reduce his exposure.
South Korea will carry out pilot projects to test smart city technologies based on artificial intelligence in five Southeast Asian countries, aimed at helping address urban challenges and support domestic firms' global expansions, the land ministry said Monday.
SEOUL, April 13 (Yonhap) -- A pro-North Korea newspaper based in Japan on Monday called for countries to distance themselves from the United States in a bid to defend their national interests amid the U.S.-Iran war and Tehran's effective closure of the Strait of Hormuz.
Illit's Korean-language version of “Bubee,” the opening song used for Japanese animation "Magical Sisters Lulutto Lilly," is set to release Monday evening.
SEOUL, April 13 (Yonhap) -- The ruling Democratic Party (DP) and the government agreed Monday to announce a plan next week to reduce car insurance premiums as an odd-even rule for public vehicles has been implemented to curb demand from rising oil prices from the war in the Middle East.
SEOUL, April 13 (Yonhap) -- South Korea will carry out pilot projects to test smart city technologies based on artificial intelligence (AI) in five Southeast Asian countries, aimed at helping address urban challenges and support domestic firms' global expansions, the land ministry said Monday.
South Korea aims to expand its free trade agreement network with emerging markets, such as Latin America and Africa, in its latest effort to diversify supply chains, Finance Minister Koo Yun-cheol said Monday.
SEOUL, April 13 (Yonhap) -- South Korea aims to expand its free trade agreement (FTA) network with emerging markets, such as Latin America and Africa, in its latest effort to diversify supply chains, Finance Minister Koo Yun-cheol said Monday.
LG Energy Solution Ltd., South Korea's leading battery maker, said Monday it aims to boost productivity across its operations by 50 percent by 2028 through artificial intelligence transformation.
SEOUL, April 13 (Yonhap) -- The horror thriller "Salmokji: Whispering Water" led the box office, drawing over 530,000 moviegoers in its opening weekend, data showed Monday.
SEOUL, April 13 (Yonhap) -- NCT member Taeyong will release a new single, "Rock Solid," featuring American pop star Anderson .Paak on Friday, his agency SM Entertainment said.
South Korea's exports jumped 36.7 percent from a year earlier in the first 10 days of April, driven by strong overseas demand for semiconductors, data showed Monday.
SEOUL, April 13 (Yonhap) -- The South Korean won weakened markedly against the U.S. dollar Monday as U.S. President Donald Trump ordered a blockade of all ships entering or leaving the Strait of Hormuz after high-stakes peace talks with Iran failed to make a breakthrough.
The limited inclusion of non-citizens in state relief programmes has been a recurring source of controversy in the country
The limited inclusion of non-citizens in state relief programmes has been a recurring source of controversy in the country