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Former South Korean President Yoon Suk Yeol is set to move back to his private residence on Friday after being removed from office. This follows a Constitutional Court ruling that upheld his impeachment, culminating months of constitutional challenges following his controversial attempt to impose martial law in December. His removal has intensified......
U.S. President Donald Trump’s sweeping tariffs on imports from dozens of countries officially took effect on Wednesday, triggering a sharp escalation in global trade tensions. Among the most significant were 104% duties on Chinese goods, a move that intensified market instability and accelerated a widespread sell-off in financial markets. These......
Global trade dynamics took a sharp turn as former U.S. President Donald Trump implemented sweeping tariffs on a range of international imports. The new duties, which took effect Wednesday, include an unprecedented 104% tariff on Chinese products and a 20% levy on goods from the European Union, signaling a significant escalation in his protectionist......
Lee Jae-myung, the leader of South Korea's opposition, is expected to step down this week to secure the Democratic Party's nomination. A former child laborer who became a lawyer, Lee is a popular yet polarizing figure. He leads in the polls with 34% support, far ahead of his competitors. After surviving an industrial accident that......
South Korea has scheduled a presidential election for June 3, following the dismissal of former President Yoon Suk-yeol. The acting head of state, Prime Minister Han Duck-soo, announced that this date was chosen to allow adequate time for political parties to prepare and to ensure the election process runs efficiently. The decision comes......
Global financial markets have plunged as US President Donald Trump intensified his defense of broad new tariffs, describing them as necessary "medicine" despite triggering widespread investor panic and massive sell-offs. Speaking aboard Air Force One, Trump said although he doesn’t wish for economic losses, temporary pain......
In a recent interview with The Korea Times, Chafik Rachadi, Morocco’s ambassador to South Korea, highlighted the deepening economic relations between Rabat and Seoul, underscored by a landmark $1.5 billion agreement between Morocco’s national railway operator (ONCF) and Hyundai Rotem. Ambassador Rachadi emphasized that international......
In a historic and unanimous decision, South Korea’s Constitutional Court has removed President Yoon Suk yeol from office, citing his unconstitutional declaration of martial law in December. The ruling came after Yoon was accused of deploying military and police forces to suppress constitutional institutions and detain opposition lawmakers—actions......
In a decisive response to the recent political upheaval, South Korea’s interim president, Han Duck-soo, pledged on Friday to ensure national stability regarding security and diplomacy. This commitment follows the unanimous decision by the Constitutional Court to uphold the impeachment of former president Yoon Suk Yeol, as reported by......
U.S. President Donald Trump has announced that his upcoming reciprocal tariffs will be lower than those imposed by other countries, aiming to ease concerns in global markets. Speaking at the White House, Trump emphasized that his trade measures, set for announcement on Wednesday, will be “kinder” compared to those of U.S. trading......
South Korea, China, and Japan held their first economic dialogue in five years on Sunday, aiming to boost regional trade amid the looming threat of U.S. President Donald Trump's tariffs. During the meeting, the three nations' trade ministers agreed to collaborate closely on high-level discussions for a potential South Korea-Japan-China......
North Korean leader Kim Jong Un has overseen the testing of advanced AI-equipped suicide drones and reconnaissance drones, calling for their prioritization in the nation's military modernization. The drones, developed at North Korea's Unmanned Aerial Technology Complex, are designed to track strategic targets and monitor enemy activities......