SEOUL, South Korea, March 31, 2026 /PRNewswire/ -- Coway Co., Ltd., the "Best Life Solution Company," has announced that it today held its 37th Annual General Meeting (AGM) at its Yugu office in Gongju City, Chungcheongnam Province, South Korea.
Marking the 140th anniversary of diplomatic relations between South Korea and France, the Literature Translation Institute of Korea on Tuesday announced its yearlong series of events introducing Korean literature across France.
Korean budget carrier T'way Air said Tuesday its shareholders have approved a plan to change the company’s name to “Trinity Airways,” in a rebranding move aimed at strengthening its identity.
The South Korean currency fell sharply to a 17-year low against the US dollar Tuesday as the escalating Middle East conflict fueled fears of further disruptions to global oil supplies and broader economic impacts.
Seoul stocks fell over 4 percent Tuesday, weighed by heavy foreign selling, as US President Donald Trump renewed threats against Iran, with no end in sight to the monthlong Middle East war. The Korean won weakened sharply against the US dollar.
Some 32.56 million people in South Korea — those in the bottom 70 percent of the income bracket — will likely receive a one-off cash handout of between 100,000 won and 600,000 won ($65-$390) under the government’s supplementary budget plan.
Korean Air says it is moving into emergency management mode to buffer the impact of surging jet fuel costs as the global economy is rocked by the ongoing US-Israel war with Iran.
South Korea is again brimming with election pledges to build domed stadiums or cultural arenas to stimulate the local economy ahead of June's local elections, but watchers say the pledges may be unrealistic, citing unfulfilled pledges from politicians in the past.
South Korea sought to persuade Russia to scrap its treaty with North Korea in the mid-1990s, declassified documents showed Tuesday, drawing a contrast to the countries' current relations as Moscow closely aligns with Pyongyang.
North Korea sharply reacted to growing relations between South Korea and China in the mid-1990s, even threatening to establish formal diplomatic relations with Taiwan in retaliation, declassified dossiers showed Tuesday.
KT Corp. named Park Yoon-young as its new chief executive officer on Tuesday, marking a leadership change as the telecom giant moves to stabilize management and accelerate its push into artificial intelligence.
An unusual performance unfolded in Seoul last weekend — one that drew attention on social media for offering free overnight stays in the Hannam-dong area. “Pavilion 72,” presented by the National Theater Company of Korea, began at 6 p.m. on Thursday and ran continuously for 72 hours until Sunday evening at the Zoom …
South Korea is launching its first strategic oil swap program, lending government crude reserves to refiners in exchange for future deliveries of alternative supplies, as tensions in the Middle East threaten key shipping routes.
JTI Korea, a unit of Japan Tobacco International, is pushing deeper into Korea's competitive tobacco market with the launch of Ploom Aura, its most advanced device yet.
Amazon Web Services Korea said it plans to invest an additional 7 trillion won ($4.6 billion) in South Korea by 2031 to expand artificial intelligence and cloud infrastructure, while stepping up the use of AI in cybersecurity.
SEOUL, South Korea, March 31, 2026 /PRNewswire/ -- Amorepacific announced on March 27 that it has signed a memorandum of understanding (MOU) with Viol Medical, an energy‑based medical device company, to collaborate in the beauty and medical device sectors. The collaboration aligns with Amorepacific's long‑term strat…
Paik Jong-won, celebrity chef and CEO of restaurant franchise operator Theborn Korea, has said he will resume business expansion, following the resolution of most allegations raised against the company last year.
Ilzat Kasymov, Uzbekistan’s deputy minister of investment, industry and trade, and Herald Media Group CEO Choi Jin-young on Tuesday vowed to cooperate in deepening economic ties between Korea and Uzbekistan on Tuesday.
Centre Pompidou Hanwha will open in June at the 63 Building annex in Yeouido, presenting works from the French museum’s collection alongside a curatorial framework that integrates Korean art history.
South Korea on Tuesday proposed a supplementary budget worth 26.2 trillion won (about $17.1 billion) to ease the burden of rising energy prices on households and industries as the Middle east conflict has created a supply crunch.
LG Electronics put every Korea-based executive through a two-day AI transformation program at its Digital Park campus in Pyeongtaek, Gyeonggi Province, as the company moves to integrate artificial intelligence into all its operations.
A currency trader talks on the phone near a screen showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top center left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, March 31, 2…
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 …
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…
The Seoul government on Tuesday proposed a supplementary budget of 26.2 trillion won ($17.1 billion) largely aimed at cushioning the impact of surging fuel prices amid escalating tensions in the Middle East that will include cash handouts for about 70 percent of the population.
South Korea plans to spend 433.9 billion won ($285 million) through 2030 to expand scientific survey and other research projects on the easternmost islets of Dokdo, officials said Tuesday.
South Korea’s central bank chief nominee Shin Hyun-song on Tuesday downplayed concerns over a more hawkish monetary stance, stressing the need for flexibility in responding to economic conditions rather than adhering to rigid policy labels.
Shin Hyun-song, nominee for governor of the Bank of Korea, said Tuesday there are no major concerns over the current level of the local currency, emphasizing that dollar liquidity remains ample.
The veterans ministry on Tuesday designated late British Army Lt. Col. James Power Carne as the Korean War hero of April in recognition of his service during the 1950-53 war.
The South Korean won opened lower against the US dollar Tuesday, hitting its weakest level in 17 years, as the escalating Middle East conflict fueled fears of further disruptions to global oil supplies and broader economic impacts.
Two South Korean maritime trainees have returned home Tuesday after disembarking from a vessel stranded for about a month in the Strait of Hormuz, a key shipping ruote disrupted by the ongoing Middle East conflict, local reports said.
South Korea will face Austria in their next men's football friendly match at full strength, with a couple of key attackers ready to roll after being limited in their previous contest, head coach Hong Myung-bo said.
The UN Human Rights Council has adopted this year's UN resolution on North Korea's human rights situation, co-sponsored by South Korea and 49 other nations.
Back in 2022, one of the biggest bands on the planet was forced to pull the plug. But with their mandatory service in the South Korean military concluded, BTS – RM, J-Hope, Suga, Jung Kook, V, Jimin, and Jin – are back in action, and prepping a new record aimed at their ARMY fanbase the world over. BTS: The Return f…