South Korea fired a Hyunmoo-II surface-to-surface ballistic missile into the Yellow Sea this week in a show of force after North Korea's recent series of missile launches, the Joint Chiefs of Staff said Friday. The live-fire exercise took place Thursday in the western coastal county of Taean, 108 kilometers southwest of Seoul, days after North Korea fired short-range ballistic missiles Tuesday a...

A fishing boat carrying 27 people sank off the coast of Jeju Island on Friday, leaving two dead and 12 missing as authorities set up an emergency task force for rescue operations. As of Friday morning, Jeju Special Self-Governing Province is commanding rescue operations at the emergency headquarters in Jeju City. Dozens of vessels and multiple aircraft from the Coast Guard, Navy, Air Force and t...

The South Korean central bank said Friday uncertainties have grown over global growth, inflation, and monetary policy paths of major economies following Donald Trump's presidential election victory, vowing enhanced market monitoring and timely responses. Bank of Korea Deputy Gov. Ryoo Sang-dai made the comment during a meeting meant to check the market situation after the Federal Reserve on Thur...

SINGAPORE , HONG KONG and COPENHAGEN, Denmark , Nov. 8, 2024 /PRNewswire/ -- Acclime, providing businesses with corporate, governance, and advisory services throughout Asia and major markets, announces today that it has entered a strategic partnership with Danish Industry (DI) to provide high-end corporate and professional services to the members of DI in the markets where Acclime operat...

On Nov. 16, President Yoon Suk Yeol will participate in the APEC Leaders' Summit in Lima, coinciding with his official visit to Peru. This is a significant occasion as Korea will assume the presidency of Asia-Pacific Economic Cooperation for 2025, a forum which serves as the primary platform for economic cooperation in the Asia-Pacific region. Over the past 35 years, APEC has effectively promote...

Photos of a woman practicing yoga in green leggings in front of Gyeongbokgung in Seoul have stirred up debate online. The incident occurred when a woman, 37, from Hanoi, Vietnam shared photos on TikTok showing herself doing a yoga handstand pose in front of the stone wall surrounding Gyeongbokgung, the main royal palace of the Joseon Dynasty (1392-1910), during a visit to Seoul, Sunday. The pho...

South Korean stocks opened sharply higher, tracking overnight gains on Wall Street, after the US Federal Reserve lowered its benchmark interest rate by a quarter-percentage point. The Korean won also sharply gained against the greenback. The benchmark Korea Composite Stock Price Index added 25.57 points, or 1 percent, to 2,590.2 in the first 15 minutes of trading. The rate cut marked the second...

The US Federal Reserve lowered its benchmark interest rate by a quarter-percentage point on Thursday, marking the second consecutive reduction following a jumbo 50-basis-point cut in September. After the two-day Federal Open Market Committee meeting, the central bank announced the decision to reduce the rate to the 4.50 to 4.75 percent range. It came after Republican flag-bearer Donald Trump won...

The National Museum of Modern and Contemporary Art, Korea is showing two must-see exhibitions that are also new this fall: "Korea Artist Prize 2024" and "Lee Kang So: Where the Wind Meets the Water." Between gallery visits, drop by one of the numerous cafes in the area to give your feet a rest. Close to Gallery Hyundai is O'sulloc Tea House, Cafe Cordialement, Hoard Cafe and Fou de The, the last...

DoubleTree by Hilton Seoul Pangyo offers child-friendly package DoubleTree by Hilton Seoul Pangyo, located in Seongnam, Gyeonggi Province, is collaborating with the makers of the hit animated series “Catch! Teenieping.” The “Teenieping Adventure” package offers a one-night stay with breakfast at the hotel restaurant, Demeter, for three guests, along with an animated character-themed camera set ...

Pink muhly at Hueree The Pink Muhly Festival is running at Hueree Park on Jeju Island through Nov. 17. Relish in the shining pink muhly grass -- a tall, flowering variety known for its mauve-hued inflorescences. Admission costs 13,000 won for adults with discounts available for those younger and those participating in group tours. For more information, go to hueree.com . Autumn colors at Hw...

“Venom: The Last Dance” (US) Opened Oct. 23 Action/Sci-fi Directed by Kelly Marcel Former journalist Eddie Brock (Tom Hardy) and his gooey, alien symbiote Venom, conclude their journey as Venom tries to stop the creator of the symbiotes Knull (Andy Serkis) from escaping his celestial prison. “Amazon Bullseye” (South Korea) Opened Oct. 30 Drama/Adventure Directed by Kim Chang-joo Former...

Now that the US presidential election is over, with former President Trump’s victory, it may be time to review the heated and divisive campaigns of the election, along with its close resemblance to South Korea’s polarized politics. Perhaps because Korea borrowed its political system from the US at the time of its inception, there are alarming similarities between the two countries’ politics, not...