Most Popular
-
1
Exports to US reach all-time high, widen gap with China
-
2
Trump rekindles criticism: US forces defending 'wealthy' S. Korea 'free of charge'
-
3
[Music in drama] Rekindle a love that slipped through your fingers
-
4
S. Korea discussed possible participation in AUKUS Pillar 2 with Australia: defense minister
-
5
[New faces of Assembly] Architect behind ‘audacious initiative’ believes in denuclearized North Korea
-
6
On May Day, labor unions blast Yoon's foreign nanny proposal
-
7
Seoul Metro to seek legal action against malicious complaints
-
8
Illit, mired in controversy, remains on Billboard charts for 5th week
-
9
[KH Explains] Will alternative trading platform shake up Korean stock market?
-
10
Opposition-led Assembly unilaterally passes bill to probe Marine's death
-
South Korean spy chief nominee had license suspended for drunk driving
Cho Tae-yong, who was nominated by President Yoon Suk Yeol as the National Intelligence Service director on Dec. 19, once had his driver’s license suspended for driving under the influence. According to the police report The Korea Herald obtained exclusively through the National Assembly on Tuesday, Cho was caught drunk driving on Feb. 23, 1999, and received a license suspension. On Aug. 10 of the same year, the court sentenced him to a fine of 700,000 won ($536). Until recently, Cho was n
Jan. 2, 2024
-
North Korea expected to increase cyberattacks this year: experts
In a key year-end message, North Korean leader Kim Jong-un described the two Koreas as “warring countries,” and vowed to “mobilize all physical means and other capabilities to cause a big stir” in the South. The anticipated rise in North Korean provocations will likely include cyberattacks, experts and officials in Seoul say. At the end of five days of Workers’ Party of Korea meetings, the North Korean leader said his country should “no longer commit the error
Jan. 2, 2024
-
Yoon proposes abandoning investor income tax plan
President Yoon Suk Yeol on Tuesday proposed to withdraw South Korea's plan to introduce a net investment income tax scheme beginning in 2025. This came about a year after plans to impose the "financial investment income tax" on investors had been deferred for two years, meaning the new tax rule would go into effect in January next year. The rule, under the revision of the Income Tax Act, was initially passed in 2020 with bipartisan agreement. "Our plan to introduce the financ
Jan. 2, 2024
-
Opposition leader stabbing shows politicians still vulnerable to physical attack
Tuesday's stabbing of Lee Jae-myung, the leader of the main opposition Democratic Party of Korea, showed that South Korea's politicians remain vulnerable to physical attacks despite several high-profile cases in the recent past. Lee, 59, had been visiting the site of the new airport in Busan and was speaking to members of the media when an unidentified man approached him asking for an autograph before lunging to stab him in the neck, undetected and undeterred by anyone. Lee is one of t
Jan. 2, 2024
-
Opposition leader stabbed in Busan
Main opposition party leader Lee Jae-myung was attacked by an assailant and stabbed in the neck by a knife during his tour to Busan on Tuesday morning. Lee was stabbed around 10:27 a.m. after talking to reporters during a visit to the site of a new airport off the coast of Busan. The assailant was detained by police at the scene. Lee sustained a cut 1 centimeter wide and was conscious when the paramedics arrived at the scene, emergency authorities said, adding that his injuries were not thought
Jan. 2, 2024
-
[Bills in Focus] 'Shrinkflation' warnings, platform monopoly regulations
Proposed Bill: Partial Amendment to the Act on Labeling and Advertising of Foods Proposed by Rep. Hwang Hee (Democratic Party of Korea) ● An increasing number of food manufacturing companies have been reducing the volume of their products while maintaining or raising their prices. However, these changes in quantity are not as easy for consumers to notice as price increases. Therefore, this amendment aims to protect the consumer’s right to information by requiring companies to clearly i
Jan. 1, 2024
-
Yoon reaffirms plan to upgrade extended deterrence in New Year
President Yoon Suk Yeol expressed confidence that a plan to bolster extended deterrence on the Korean Peninsula could materialize before the end of June in his New Year's speech to the nation Monday. "By the first half of this year, we will complete the enhanced (Republic of Korea)-US extended deterrence system to fundamentally deter any North Korean nuclear and missile threat," Yoon said in a televised speech from his office, referring to South Korea as the ROK. In April, Yoon an
Jan. 1, 2024
-
Yoon's approval rating inches up to 37.2 pct: poll
President Yoon Suk Yeol's approval rating rose slightly to 37.2 percent, after stagnating for the past two weeks, a poll showed Sunday. The rating was up 0.9 percentage point from the previous week, while the negative assessment went down 1.2 percentage points to 59.6 percent, according to a survey by Realmeter and commissioned by a local business news outlet on 2,007 people aged 18 and over from Tuesday to Friday. The positive assessment rose the most among respondents in their 30s and 40s
Jan. 1, 2024
-
S. Korean shipbuilders rank 2nd in new global orders in 2023: data
South Korean shipbuilders ranked second in 2023 in terms of new global orders for the third straight year, industry data showed Sunday. Local shipbuilders clinched a combined 10.01 million compensated gross tons (CGTs) in new orders this year, accounting for 24 percent of the 41.49 million global total, according to the data provided by global market researcher Clarkson Research Service. The South Korean industry's total was down 37.6 percent from a year earlier. The global tally also went
Dec. 31, 2023
-
DP leader rejects former leader's call for resignation
Lee Jae-myung, the leader of the main opposition Democratic Party, on Saturday rejected former party leader Lee Nak-yon's call for his resignation as they failed to patch up their differences. The two sides met for talks in Seoul after the former party leader demanded Lee Jae-myung step down and agree to form a joint interim leadership committee ahead of the general elections scheduled for next April. The current leader rejected both demands and called on the former leader to remain in th
Dec. 30, 2023
-
DP leader to meet ex-leader Lee Nak-yon Saturday amid call for resignation
Lee Jae-myung, the leader of the main opposition Democratic Party, said Friday he will have a breakfast meeting with former DP leader Lee Nak-yon this weekend amid the latter's call for his resignation. The former party leader has demanded Lee Jae-myung step down and agree to form a joint interim leadership committee ahead of the parliamentary elections scheduled for next April. If Lee declines the proposal by the end of the year, the former leader has said he will set out to launch a new p
Dec. 29, 2023
-
Yoon, ex-President Park meet over lunch at presidential residence
President Yoon Suk Yeol and former President Park Geun-hye met over lunch at the presidential residence in Seoul on Friday, Yoon's office said. This was their third meeting since Yoon's inauguration in May 2022. Yoon asked Park about her health and how often she visits Seoul, according to presidential spokesperson Kim Soo-kyung. The former president has lived in her hometown of Daegu, 237 kilometers southeast of Seoul, since she was pardoned in 2021 after spending four years and nine
Dec. 29, 2023
-
Inspection shows over W125.6b in virtual asset transactions by lawmakers
The Anti-Corruption and Civil Rights Commission said Friday that lawmakers traded virtual assets totaling over 125.6 billion won ($97.6 million) over the past three years, with irregularities detected in some instances. The agency announced the outcome of its 90-day inspection into virtual asset transaction records of all 298 sitting lawmakers between May 30, 2020, and May 31, 2023, after questions arose over a young lawmaker's once-massive cryptocurrency assets. According to the results, 1
Dec. 29, 2023
-
Yoon appoints 4 ministers, broadcasting watchdog chief
President Yoon Suk Yeol appointed four ministers and the chief of the broadcasting watchdog on Friday, his office said. Finance Minister Choi Sang-mok, who also serves as deputy prime minister for the economy, Agriculture Minister Song Mi-ryung, Ocean Minister Kang Do-hyung and SMEs Minister Oh Young-ju were appointed, the office said. Kim Hong-il, a former chief of the anti-corruption agency, was also appointed as the head of the Korea Communications Commission, it said. The five were nominated
Dec. 29, 2023
-
Opposition unilaterally passes special investigation bill into first lady
Two contentious special investigation bills, one of which pushes for a probe into stock manipulation allegations involving First Lady Kim Keon Hee, were unilaterally passed by the opposition-led National Assembly on Thursday. President Yoon Suk Yeol swiftly announced that he would veto both bills, according to presidential office spokesperson Lee Do-hoon. An official in the presidential office, who requested to remain anonymous, called the latest move led by the main opposition Democratic Party
Dec. 28, 2023
-
Yoon appoints 3 top-level presidential secretaries
President Yoon Suk Yeol on Thursday appointed all three top-level presidential secretaries, promoting his chief policy secretary, Lee Kwan-sup, to chief of staff, appointing an economic expert to succeed Lee and tapping First Vice Foreign Minister Chang Ho-jin as his national security adviser. All of the ministerial-level presidential secretaries, who report directly to Yoon, will start work on Monday, the first day of 2024. Appointees do not have to go through a confirmation hearing at the Na
Dec. 28, 2023
-
Assembly to hold vote on two special investigation proposals, one of them into first lady
The National Assembly was set to hold a vote Thursday on two contentious special investigation proposals, one of them into stock manipulation allegations involving first lady Kim Keon Hee. The main opposition Democratic Party is expected to use its parliamentary majority to railroad the two bills. The ruling People Power Party has strongly opposed them, arguing they are a political ploy ahead of April's general elections. But the DP has argued that no one is untouchable, including the first
Dec. 28, 2023
-
Yoon to name First Vice FM Chang as national security adviser
President Yoon Suk Yeol plans to name First Vice Foreign Minister Chang Ho-jin as his new national security adviser, a presidential official said Thursday. Chang, a career diplomat who served as Yoon's first ambassador to Russia, will succeed Cho Tae-yong as director of national security after Cho was nominated last week for chief of the National Intelligence Service. Chang's appointment could be announced later Thursday, the official said. Ambassador to Germany Kim Hong-kyun, who also
Dec. 28, 2023
-
[Newsmaker] Estranged Lee Jun-seok to launch new party
The estranged ex-leader of the ruling party, Lee Jun-seok, said Wednesday he would launch a new political party of his own, as the new interim party leader made no moves to convince him to stay. "I have decided to leave the People Power Party, leaving all my political assets tied to it behind," the 38-year-old politician announced in a press conference held in the afternoon at a restaurant in Nowon-gu, northeastern Seoul. Lee spent his childhood in Nowon-gu and sought to represent the
Dec. 27, 2023
-
Seoul to defer workplace safety enforcement by 2 years
The conservative Yoon Suk Yeol administration and the ruling People Power Party on Wednesday agreed to defer by two years the enforcement of the controversial Serious Disasters Punishments Act, which can hold executives criminally liable for deadly workplace disasters. The announcement, made at a meeting with Labor Minister Lee Jung-sik and People Power Party lawmakers, is expected to extend the grace period of the rule to 2026 for small enterprises, as the law was initially poised to come into
Dec. 27, 2023