South Korea prepares comprehensive plan for domestic jet engine production
The roadmap is anticipated to outline the steps required for research and development, including collaboration with domestic defense contractors and academic institutions.
South Korean President Yoon Suk Yeol
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South Korea urges North Korea to reopen dialogue channels amid rising tensions
Kim's appeal came in the wake of President Yoon Suk Yeol’s Liberation Day address on August 15, where the South Korean leader outlined a bold vision for the future of the Korean Peninsula.
Japanese PM Fumio Kishida visit to South Korea unlikely to quell Yoon’s ‘Pro-Japan’ criticism, experts say
Despite Yoon’s efforts to mend ties with Japan, including resolving disputes related to forced labor during Japan’s colonial occupation of Korea, the political climate in Seoul remains tense.
North Korea condemns U.S.-South Korea drills, warns of global conflict
North Korea's foreign ministry released two statements over the weekend, condemning the joint military exercises as a "prelude to nuclear war" and branding the U.S. as a major disruptor of world peace.
Korean brokerage firms profit from surge in U.S. stock market transactions
The shift in investor focus is significant. Data from the Korea Securities Depository indicates that Korean investors' net capital inflow into U.S. stocks reached $12.3 billion in the first four months of 2024, a dramatic increase compared to previous years.
Ex-South Gyeongsang governor Kim Kyoung-Soo’s rights reinstated under presidential pardon
Kim Kyoung-soo, a prominent figure in South Korea's political landscape, served as the governor of South Gyeongsang Province from 2018 to 2022. His tenure was marred by a high-profile corruption scandal involving illegal election manipulation.
North Korea escalates tensions by launching trash-filled balloons across DMZ
The South Korean government has yet to release detailed information regarding the precise contents of the balloons. However, initial assessments suggest that the balloons may be filled with various waste materials, raising environmental and health concerns.
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.
Yoon calls for swift responses to stock market volatility amid criticisms over vacationing
Korea Composite Stock Price Index (KOSPI) rebounded, gaining 80.6 points (3.3%) to close at 2,522.15, recovering from the previous session's 8.77% crash.
South Korea’s ambitious dam plan faces public scrutiny
Residents are concerned about the environmental impact, including potential loss of biodiversity and disruption of local ecosystems, the displacement of communities and loss of agricultural land are pressing concerns for those who rely on farming for their livelihood.
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