South Korean temple agrees to return stolen Buddha statue to Japan after decade-long dispute
South Korea's Supreme Court recently ruled that the statue should be returned to Japan, acknowledging its rightful ownership by Kannonji Temple.
President Yoon Suk Yeol
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Kishida pledges continued strong bilateral ties with South Korea despite leadership changes
Kishida’s assurance came as a reassurance to Yoon amidst Japan’s ongoing political transitions and the anticipated leadership changes in the coming years.
Prospects of Japanese PM’s visit to South Korea remain uncertain, says Seoul official
According to Japan’s Kyodo News, Kishida has been considering a visit to South Korea before stepping down from his leadership role in the ruling Liberal Democratic Party. The visit would aim to further improve diplomatic relations between the two neighbouring countries.
U.S. reaffirms commitment to South Korea and allies amid North Korean threats
The platform stresses that the U.S. will continue to work closely with South Korea, Japan, and other regional partners to ensure a coordinated response to North Korean provocations.
Vice chair of anti-corruption agency offers to resign following death of senior official
The official, who had been under significant psychological pressure due to the sensitive nature of his work, reportedly left a suicide note. He had confided in a friend about feeling immense pressure from senior ACRC officials to close the investigation into the First Lady, a case that had drawn considerable public attention.
Korea sees increasing trend of ‘Reverse Migration’ as urban residents return to rural areas
The high cost of living in major cities like Seoul, including soaring real estate prices, has also been a major factor pushing people to seek a more affordable and peaceful lifestyle in rural areas.
South Korean president faces post-vacation challenges
President Yoon’s administration is grappling with a range of issues. High inflation and rising costs of essential goods have been prominent concerns among the electorate.
KOSPI tumbles over 8% amid U.S. recession fears
The sharp downturn in the KOSPI was triggered by a dismal U.S. jobs report for July, which revealed a mere addition of 114,000 jobs and an uptick in the unemployment rate to 4.3%.
Opposition-controlled parliament passes $180 cash handout bill
The cash handout is intended to support households struggling with the rising cost of living and the economic fallout from recent global events.
North Korea silent on South Korea’s flood relief offer: Unification Ministry
South Korea proposed sending essential supplies, including food, medicine, and emergency rescue equipment, to help alleviate the impact of the devastating floods that have hit several regions in North Korea.
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