South Korea is consulting with the U.S. and Iran on passage through the Strait of Hormuz following a preliminary ceasefire deal in the Middle East. The government is assessing security conditions and prioritizing the safety of its vessels and sailors.
Starbucks Coreia do Sul demite CEO e oferece treinamento histórico a funcionários após campanha "SS Tank" ofender vítimas de repressão militar de 1980. A data "Tank Day" e o slogan "Bata na mesa!" geraram indignação pública.
SpaceX's record-breaking IPO targeted global retail investors, but Korean investors received no shares. Mirae Asset Securities' allocation was fully revoked, sparking anger and an investigation by Korea's financial regulator.
SpaceX's record-breaking IPO, which targeted global retail investors, excluded South Korean investors entirely. Mirae Asset Securities, a lead underwriter, had its allocation of 2.31 million shares revoked in the final stage, sparking anger among Korean investors.
Organizers of the Jeju Forum for Peace & Prosperity are seeking to virtually invite Dr. Chang Gwang-chol, a North Korean education expert at UNESCO, to the event. If confirmed, this would mark the first participation of a North Korean national in the forum and a continuation of inter-Korean exchanges outside political spheres.
Organizers of the Jeju Forum for Peace & Prosperity are seeking to virtually invite Dr. Chang Gwang-chol, a North Korean education expert at UNESCO, to the annual security forum. If he attends, he will be the first North Korean national to participate.
This timeline highlights significant events in inter-Korean relations and the Korean diaspora, from secret talks in 1902 over Korean resources to the establishment of a monument for comfort women in 2012. It includes key moments like Korean immigration to Hawaii, wartime exploitation by Japan, standardization of Romanization, and various inter-Korean summits and aid discussions.
South Korean defense stocks surged Tuesday as the Iran war nears its end, with companies like Hanwha Aerospace and Hyundai Rotem seeing significant gains. Analysts believe the conflict's conclusion will boost defense exports to the Middle East, with potential contracts in Saudi Arabia and Iraq.
Starbucks Korea will close over 2,000 stores for mandatory history and social sensitivity training after a promotion on May 18, the anniversary of the Gwangju massacre, sparked public outrage and boycotts. The closures will cost an estimated $1.4m in lost sales.
South Korea's M2 money supply increased by 0.6% in April to an average of 4,153.9 trillion won, driven by rising short-term deposits and funds awaiting investment amid a stock market rally, according to the Bank of Korea.
South Korean AI startup Upstage announced plans to integrate its AI models, agentic services, and portal platform following its acquisition of AXZ, operator of Daum and Timely AI. The company aims to expand its offerings and reach a broader audience with "AI for everyone."
North Korea's state media emphasized economic achievements, reporting a 105% rise in industrial output since February's party congress. This highlights progress ahead of a key WPK plenary meeting to review first-half policies.
South Korea's trade ministry pledged to protect its steel companies' interests as the EU implements a new policy on July 1 to address global overcapacity. The policy will halve tariff-free steel import quotas to 18.3 million tons, impacting Korean exports.
South Korea's Trade Minister Yeo Han-koo met with officials to discuss countermeasures against proposed US tariffs on dozens of countries, including South Korea, over alleged failure to enforce import bans on products made through forced labor.
South Korea and Uzbekistan held a policy consultation meeting in Tashkent, discussing enhanced cooperation in energy, critical minerals, transportation, infrastructure, digital technology, and climate response. They also prepared for the upcoming Korea-Central Asia Summit and discussed support for peace on the Korean Peninsula.
South Korean defense firm LIG Defense & Aerospace (D&A) has partnered with Germany's Rheinmetall to supply air defense systems to the European market. The agreement, signed at the Eurosatory 2026 exhibition in France, aims to establish a joint venture for R&D, marketing, and production.
South Korea's homegrown KF-21 fighter jet has received government flight safety certification, announced by the Defense Acquisition Program Administration (DAPA). The aircraft met all 745 requirements across 14 assessment areas, paving the way for initial deliveries to the Air Force.
Rep. Kim Joon-hyung was unanimously elected floor leader of the Rebuilding Korea Party on Tuesday. Kim, the party's chief policymaker, was the sole candidate in the election. The party is preparing for a national convention next month to select a new leader following Cho Kuk's resignation.
South Korean stocks opened significantly higher on Tuesday, with the KOSPI index rising over 1.75 percent. The gains were driven by overnight rallies on Wall Street, fueled by news of a preliminary agreement between the US and Iran to reopen the Strait of Hormuz and ease oil price concerns.
South Korean stocks surged over 1.5% at Tuesday's opening, mirroring Wall Street's gains. The rally was fueled by optimism over a preliminary US-Iran agreement to reopen the Strait of Hormuz, easing inflation concerns and boosting investor sentiment.
North Korea is strategically defending its nuclear arsenal by leveraging the global superpower rivalry, particularly between the US and China. As the Iran conflict concludes, Pyongyang anticipates renewed denuclearization pressure and seeks support from Russia and China to legitimize its weapons program and secure economic/military aid.
South Korean team psychologist Han Doug-hyun described the FIFA World Cup squad as "special" and praised their mental preparation and stability ahead of their match against Mexico. Han highlighted coach Hong Myung-bo's leadership and the team's thorough preparation for every scenario.
South Korea's national football team trained with a full squad for the first time since arriving in Mexico for the World Cup. Key players Kim Tae-hyeon and Bae Jun-ho, who were previously injured, participated in the session as the team prepares for their crucial Group A match against Mexico.
North Korean leader Kim Jong-un sent a congratulatory message and flower basket to Chinese President Xi Jinping on his 73rd birthday. The gesture follows Xi's recent state visit to Pyongyang, where both leaders agreed to deepen bilateral cooperation.
