Keywords: Korea
South Korea is stepping up its efforts to strengthen national defense by investing in next-generation aircraft technologies, President Lee Jae Myung announced during a ceremony marking a milestone in the country’s aviation industry. The initiative includes the development of key components such......
South Korea has announced the appointment of renowned economist Shin Hyun-Song as the next governor of its central bank, a move aimed at strengthening the country’s economic resilience amid rising debt and global uncertainty. Shin, currently a senior figure at the Bank for International Settlements,......
AMD has named Samsung Electronics as its primary supplier of next generation HBM4 memory for its upcoming AI accelerators, deepening ties as competition intensifies in high performance semiconductor infrastructure. Chief executive Lisa Su traveled to South Korea for the first time since taking the role......
North Korea held parliamentary elections on Sunday to select delegates for its Supreme People's Assembly (SPA), the legislature responsible for approving state policy and appointing top government officials, according to state media reports. The Korean Central News Agency reported that nearly 99.99%......
Asian stock markets fell sharply on Wednesday as escalating tensions involving the United States, Israel and Iran rattled investor confidence and pushed oil prices higher across global markets. South Korea’s Kospi index plunged as much as 10 percent, triggering circuit breakers that temporarily......
North Korean leader Kim Jong Un has reportedly presented newly developed sniper rifles as ceremonial gifts to senior party and military officials, according to state-run media. The rifles, created by the country’s Academy of Defence Science, were described by Kim as “remarkable weapons”......
South Korea and the United States are set to carry out their annual spring joint military exercise next month, reinforcing allied defense readiness and advancing preparations for the transfer of wartime operational control to Seoul. The 11-day drill, known as Freedom Shield, is scheduled to take place......
North Korean leader Kim Jong Un has been unanimously re-elected as Secretary General of the Workers’ Party of Korea, according to official state media reports following the party’s ninth congress held in Pyongyang. The decision to renew his mandate at the head of the ruling......
South Korea has formally expressed concern to United States Forces Korea following a brief aerial standoff between American and Chinese fighter jets over the Yellow Sea, highlighting tensions in a strategically sensitive airspace. According to local media reports, Defense Minister Ahn Gyu-back raised......
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