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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
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[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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NK, wartime forced labor on agenda in Japan
Oct 25, 2022
First Vice Foreign Minister travels to Tokyo for bilateral, trilateral talks with his US, Japanese counterparts
Han Seung-soo elected as head of former UN General Assembly presidents' council
Oct 25, 2022
NEW YORK -- Former South Korean Prime Minister Han Seung-soo has been elected as the chairperson of a council of past UN General Assembly presidents, according to Seoul's permanent mission to the UN on Monday. Han was elected to lead the Council of Presidents of General Assembly for a three-year term at the group's annual meeting held in New York last Thursday, along with Jan Kavan, former Czech foreign minister, as vice chairperson. Han served as the president of the 56th UN General A
N. Korea likely to conduct nuclear test, but US prepared for all contingencies: State Dept.
Oct 25, 2022
WASHINGTON -- North Korea is believed to be continuing preparations for a nuclear test while the US is set to face any threat posed by the recalcitrant country, a state department spokesperson said Monday. Department Press Secretary Ned Price said the US also remains open to engaging in dialogue with Pyongyang. "Our concern regarding the potential for another North Korean nuclear test, which would be its seventh, has been consistent for some time now. We assess that the DPRK is preparing it
Golden opportunity to strengthen ties with Nigeria
Oct 24, 2022
President Muhammadu Buhari of Nigeria is visiting Korea to attend the "World Bio Summit," which is co-organized by the Korean government and WHO (World Health Organization). Due to geographical distance, Nigeria is not well-known to the Korean public. However, Nigeria has the biggest economy in Africa; with the world’s 6th largest population of 220 million; and abundant natural resources. Nigeria plays the leading role in West Africa and the African Union. It is also an active
More options than 'foundation-led' compensation considered for Japan's wartime forced labor, Seoul says
Oct 24, 2022
Foreign Ministry rejects local reports in Japan, says 'nothing has been decided' on how to handle court ruling on historic dispute
Trade chief to visit Hungary, 2 other European nations this week to discuss economic cooperation
Oct 24, 2022
South Korean Trade Minister Ahn Duk-geun will visit Hungary, Lithuania, and the Czech Republic this week to discuss ways to enhance economic cooperation and to drum up support for the country's bid to host the 2030 World Expo, his office said Monday. During a six-day trip from Monday, Ahn will meet with the Hungarian foreign minister to discuss bilateral economic issues and ask for the European nation's support for Korean firms operating there amid high energy prices, according the Min
S. Korea, Arab nations to hold new round of FTA talks next week
Oct 23, 2022
South Korea and a group of Arab countries will hold another round of negotiations for their free trade deal next week, Seoul's trade ministry here said Sunday. South Korea and the Gulf Cooperation Council will begin the sixth round of official talks for a bilateral free trade agreement in Seoul on Monday for a five-day run, according to the Ministry of Trade, Industry and Energy. The GCC involves six countries -- the United Arab Emirates, Bahrain, Saudi Arabia, Oman, Qatar and Kuwait. Vario
S. Korean envoy raises issue of female NK defectors' human rights at UN meeting
Oct 21, 2022
NEW YORK -- South Korea's top envoy at the United Nations appealed Thursday to the international community to pay more attention to the dire human rights conditions that female North Korean defectors endure in the North before escape. Addressing a UN Security Council (UNSC) session, Ambassador Hwang Joon-kook said it is "heartbreaking" to see that many North Korean women arrive in South Korea only after suffering from years of human rights violations in the North. "I would li
US remains committed to denuclearization of 'entire' Korean Peninsula: Pentagon spokesman
Oct 21, 2022
WASHINGTON -- The United States remains committed to the denuclearization of the "entire" Korean Peninsula, a defense department spokesperson said Thursday, indicating that the US is not considering deploying nuclear weapons to South Korea. Brig. Gen. Pat Ryder also reiterated that the US extended deterrence provided to South Korea would be sufficient to defend the Asian ally and deter any potential aggression from North Korea. "We are still committed to denuclearization of the en
Nigerian president Muhammadu Buhari to visit S. Korea next week
Oct 20, 2022
Nigerian president Muhammadu Buhari will visit South Korea to attend the World Bio Summit 2022, being held in Seoul next Tuesday and Wednesday, the Embassy of Nigeria in Seoul said Thursday evening. According to a statement released by the embassy, Nigerian president Buhari will deliver a congratulatory message at the event’s opening ceremony. During his visit, Buhari will meet with South Korean President Yoon Suk-yeol. The Nigerian president is also scheduled to meet with former UN Sec
South Korea joins discussion for drafting UN resolution on NK human rights
Oct 20, 2022
Seoul expected to co-sponsor the UN resolution for first time in four years
S. Korea, US agree to continue consultations over Inflation Reduction Act
Oct 20, 2022
South Korea and the United States have agreed to continue close consultations to seek solutions regarding a new US law that excludes electric vehicles assembled outside of North America from tax incentives, Seoul's trade ministry said Thursday. The consensus was reached during telephone talks between Trade Minister Ahn Duk-geun and US Trade Representative (USTR) Katherine Tai the previous day, according to the Ministry of Trade, Industry and Energy. The IRA, signed by US President Joe Biden
S. Korea has backing of full US capabilities, including nuclear weapons: State Dept.
Oct 20, 2022
WASHINGTON -- South Korea is backed by the "full range" of US defense capabilities, including nuclear capabilities, a state department spokesperson said Wednesday, apparently dismissing the need for the deployment of US nuclear weapons to South Korea. Vedant Patel, principal deputy spokesperson for the department, made the remarks as North Korea is widely anticipated to conduct a nuclear test in the near future. "I think you saw President (Joe) Biden over the course of this admini
Diplomats demonstrate interest in humanity in tech
Oct 19, 2022
Diplomats and representatives of foreign business groups in Seoul demonstrated interest in the discourse surrounding humanity in tech, at The Korea Herald Biz Forum 2022 on Wednesday. The forum was attended by a number of diplomats, including the ambassadors of Singapore, Malaysia, Estonia, El Salvador, New Zealand, Saudi Arabia, Brazil, Italy, Mexico and Latvia, and representatives from embassies such as India, Kenya, Poland, New Zealand, Qatar, Vietnam, Canada, the US and Germany. According to
[Herald Interview] 'Leaders should address NK human rights violations on equal footing as nuclear arms'
Oct 19, 2022
South Korea should take the wheel to address NK human rights issue globally, make allies speak up, says NK human rights ambassador-at-large
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