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FM Cho says he takes 'full responsibility' for Sado mine memorial dispute
SK hynix to increase dividend payouts by 25% per share by 2027
Lotte Group to provide Lotte World Tower as collateral for Lotte Chemical amid liquidity woes
Seoul Metro conductor's toilet break delays 125 trains
Yoon receives Ukrainian special envoy; Seoul silent on possibility of weapons aid
Presidential office worries over impact of Trump's proposed tariffs on Korean firms in Canada, Mexico
Korea's birthrate shows signs of recovery
Yonsei University to hold additional essay test amid question leak controversy
[Global Finance Awards] Viva Republica transforms financial ecosystem
Seoul blanketed by heaviest Nov. snow, with more expected
[Global Finance Awards] Hanhwa Life secures bigger footing in overseas markets
From candy to CPR, police step up to save citizens in need
Ador calls for Belift Lab’s ‘sincerity’ in Hanni workplace harassment case
Youth groups remember the Korean War
[Global Finance Awards] Mirae Asset Securities within reach of global top-tier ambition
[Global Finance Awards] Kakao Bank bolsters SE Asia foray with Superbank partnership
[Global Finance Awards] Mirae Asset bolsters global presence with W370tr under management
[Global Finance Awards] Kyobo Life enhances insurance coverage for cancer, long-term care
[Global Finance Awards] Shinhan chief pushes to boost corporate value
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N. Korea covertly supplying artillery shells to Russia for use in Ukraine: White House
Nov 3, 2022
WASHINGTON -- North Korea is supplying a large number of artillery shells to Russia for use in the latter's ongoing aggression in Ukraine, a White House National Security Council spokesman said Wednesday. John Kirby, NSC coordinator for strategic communications, also said the North is trying to cover up its shipments by disguising their true destination. "In September, North Korea publicly denied that it intended to provide ammunition to Russia," Kirby said in a virtual press brie
Foreign victims of Itaewon disaster will be provided same aid program as Korean nationals
Nov 1, 2022
Government to offer up to W15m to cover cost of funeral, repatriation of bodies
South Korea co-sponsors resolution on NK human rights again, after 4 years
Nov 1, 2022
South Korea joined as a co-sponsor for a UN resolution on North Korea’s human rights abuses, the Foreign Ministry confirmed Tuesday, breaking a four-year hiatus to speak out against Pyongyang’s violations. South Korea joined other countries as a co-sponsor of a EU-draft resolution addressing the human rights situations in the North, which was submitted to the United Nations’ Third Committee on Monday in the US, Seoul's Foreign Ministry spokesperson Lim Soo-suk confirmed in
US does not and will not recognize N. Korea as nuclear state: State Dept.
Nov 1, 2022
WASHINGTON -- The United States does not and will not recognize North Korea as a nuclear weapons state as it seeks to completely denuclearize the Korean Peninsula, a state department spokesperson said Monday. "That is not our policy. I do not foresee that ever becoming a policy," Ned Price told a press briefing when asked about the possibility of the US ever recognizing North Korea as a nuclear state. The remarks come as North Korea is widely anticipated to conduct a nuclear test, its
Worst tragedy in almost decade since Sewol ferry disaster
Oct 30, 2022
Saturday's Halloween crowd crush, which resulted in 153 deaths and more than 100 injuries as of Sunday afternoon, would be recorded as the worst national tragedy in almost a decade, since the Sewol ferry disaster in 2014. The Itaewon tragedy also marks as the worst human stampede case rare in the country's history, and has raised public concerns over the country's lack of measures for public safety and crowd management. One accident where a large number of casualties occurred from
Yoon says South Korea has never supplied lethal weapons to Ukraine
Oct 28, 2022
South Korean President Yoon Suk-yeol said on Friday the country has never supplied lethal weapons to Ukraine, reiterating the government’s position after Russian President Vladimir Putin warned that such a decision would harm their bilateral ties. “We have been delivering humanitarian and peaceful support to Ukraine, together with the international society,” Yoon said during a doorstepping session at the Presidential Office in Yongsan, Seoul. His remarks came a day after Puti
Yoon says S. Korea has never provided lethal weapons to Ukraine
Oct 28, 2022
South Korea has never provided lethal weapons to Ukraine, President Yoon Suk-yeol said Friday, after Russian President Vladimir Putin warned of negative consequences for the two countries' relations if Seoul sent arms to Ukraine. "We've provided humanitarian and peaceful assistance to Ukraine but never lethal weapons," Yoon told reporters. "It's a matter of sovereignty, and we are trying to maintain peaceful relations with all countries around the world, including Russia." (Y
Korea looks to corporate donations to resolve forced labor dispute with Japan: report
Oct 27, 2022
Seoul's First Vice Foreign Minister's talks with his Japanese counterpart during Tokyo trip have gone "in-depth" on the issue
[Hwang’s China and the World] Roles and cooperation of East Asia, for the transition of civilization
Oct 27, 2022
The 20th century was a terrifying era of war not only in the West, but also in East Asia. The East-West conflict during the Cold War that dominated decades of the late 20th century after World War I and II maintained a balance of power under the cloak of ideological confrontation, but there was a blatant armed conflict on one side of the Earth at the same time. East Asia, where Korea and Vietnam are located, is in fact the region where the Cold War was the ‘hottest.’ Even if the Cold
N. Korean nuclear test would constitute a 'grave escalatory action': State Dept.
Oct 27, 2022
WASHINGTON -- A nuclear test by North Korea would constitute a "grave escalatory action" that will be met by serious consequences, a state department spokesperson said Wednesday. Vedant Patel, principal deputy spokesperson for the department, insisted the US has a "number of tools" to hold North Korea accountable for any future provocations. "A seventh nuclear test, should it happen, would constitute a grave escalatory action and seriously threaten regional stability, in
South Korea, US, Japan warn of 'unparalleled' scale of response in case of NK nuclear test
Oct 26, 2022
Seoul, Tokyo, Washington tighten bond as Pyongyang ramps up military provocation
[Herald Interview] Nigerian President hopes to boost trade and investments with Korea
Oct 26, 2022
Nigerian President Muhammadu Buhari expressed hopes for more trade and investment from Korea, stressing the Nigerian government’s recent policies to encourage foreign investment in an exclusive written interview with The Korea Herald in Seoul. "Our government has improved the ease of doing business in our country, and we have created a 'one stop shop' at the Nigeria Investment Promotion Commission. We have also reinvigorated the commission with all the resources needed to attract FDI
Seoul's trade chief in Europe for economic ties, Expo bid support
Oct 26, 2022
South Korea and Hungary have agreed to push for the signing of a new framework meant to promote bilateral trade and investment, Seoul's trade ministry said Wednesday. The agreement was reached during a meeting between South Korean Trade Minister Ahn Duk-geun and Hungarian Foreign Minister Peter Szijjarto on Monday. Ahn visited Budapest as the first stop of his weeklong three-nation trip to Europe as a special envoy of President Yoon Suk-yeol, according the Ministry of Trade, Industry and En
S. Korea, US, Japan to hold high-level talks amid speculation on N.Korea nuke test
Oct 26, 2022
Senior diplomats of South Korea, the United States and Japan plan to hold consultations on Wednesday on regional and global security issues amid concerns over the possibility of a North Korean nuclear test. South Korea's First Vice Foreign Minister Cho Hyun-dong is scheduled to engage in the trilateral session with his American and Japanese counterparts -- Wendy Sherman and Takeo Mori -- in Tokyo to discuss ways to deal with North Korea's evolving threats highlighted by a series of bal
[Hwang’s China and the World] Korean and Japanese leaders can only cease the vicious cycle
Oct 25, 2022
From the stance of Korean diplomacy, relations with Japan are the primary dilemma. Although there may be some differences in degree compared to the US according to political orientation, an alliance has immutable value. It has an absolute influence on daily life in Korea. At the same time, though we may have a different perspective from China, we cannot neglect China’s influence on Korea’s economy and policies toward North Korea. The US and China are like two strong wings flanking K
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