Eight commercial South Korean banks have joined to establish a won-linked stablecoin comprising two initial models.
North and South Korea: Understanding History of Conflict
The uneasy truce between the nuclear-armed North and the US-allied South remains one of the most vexing security concerns for the world.
Oil prices drop sharply, and stocks rally worldwide after announcement of Israel-Iran ceasefire
In stock markets abroad, indexes rallied more than 1% everywhere from France to Germany to Japan following the announcement of the Israel-Iran ceasefire. Hong Kong’s jump of 2.1% and South Korea’s …
Exclusive: South Korea plans end to lump-sum retirement payouts for workers
The South Korean government is pushing forward with a major overhaul of how workers receive retirement benefits, aiming to replace the longstanding lump-sum severance system with mandatory …
South Korea’s Hyunmoo-5 spotlighted after first combat use of GBU-57
Interest is mounting in South Korea’s domestically developed bunker-buster missile, the Hyunmoo-5, following the United States’ strike on three Iranian uranium enrichment facilities using the GBU-57, …
President Lee picks South Korea’s first civilian defense chief in 64 years
South Korean President Lee Jae Myung has nominated a five-term liberal lawmaker as defense minister, breaking with a tradition of appointing retired military generals.
South Korea’s new leaders seek continuity on key defense issues
Washington is reportedly reassessing defense cost-sharing agreements with South Korea, and Trump may want significant increases to Seoul’s contributions.
Iraq removes, South Korea eases restrictions on import of Brazil chicken meat
Iraq removed a trade ban it had imposed on Brazilian chicken meat after a bird flu case on a commercial farm last month, while South Korea eased its restrictions, the Brazilian Agriculture Ministry …
South Korea industry ministry flags concerns over US strike on Iran
A South Korean vice industry minister expressed concern on Monday over the potential impact on the country’s trade from recent U.S. strikes on Iran.
South Korea industry ministry flags concerns over US strike on Iran
A South Korean vice industry minister expressed concern on Monday over the potential impact on the country’s trade from recent U.S. strikes on Iran.