South Korea will not be attending a memorial ceremony scheduled to take place in Japan to honor wartime forced labor victims, including many Koreans, from an old Japanese mine complex, the foreign ministry said Saturday. The decision, made only a day before the planned ceremony, came after Tokyo announced that a Japanese vice foreign minister with an apparent hard-line political stance on past history will be attending the ceremony as its government representative. "We have decided not to

Politics Nov. 23, 2024

U.S. President-elect Donald Trump named Alex Wong, who was engaged in working-level nuclear talks with North Korea during his first term, as his principal deputy national security adviser amid expectations he could seek to reengage with Pyongyang after returning to office. Trump issued a statement on his decision to appoint Wong, who served as the deputy special representative for North Korea and the deputy assistant secretary for North Korea in the Bureau of East Asian and Pacific Affairs at th

Foreign Affairs Nov. 23, 2024

Rose of K-pop girl group BLACKPINK has maintained her third position on the British Official Singles Chart Top 100 for the third consecutive week with "APT.," her collaboration with global pop icon Bruno Mars. It marks the fifth consecutive week that the song has stayed in the top 10. The single's position remained unchanged from last week at No. 3, behind U.S. singer-songwriters Gracie Abrams' "That's So True" and Gigi Perez's "Sailor Song," acc

K-pop Nov. 23, 2024

South Korean stocks rose nearly 1 percent to top 2,500 points Friday as foreign investors returned to net buyers for the first time in 11 sessions. The local currency fell to surpass 1,400 won against the US dollar. The benchmark Korea Composite Stock Price Index gained 20.61 points, or 0.83 percent, to close at 2,501.24. It is the first time that the main index topped the 2,500-point threshold since it ended at 2,531.66 on Nov. 11. Trade volume was moderate at 534.9 million shares worth 7.8 tri

Market Nov. 22, 2024

The Joint Chiefs of Staff is set to launch a new unit tasked with bolstering readiness in the domains of space, cyber and electronic warfare, officials said Friday, amid South Korea's push to better prepare for future warfare. In a legislative notice, the defense ministry said the plan is aimed at better responding to changes in the security environment, such as the development of high-tech science and technology, expanding the domains of warfare and the growing importance of cognitive oper

Defense Nov. 22, 2024

South Korea has launched an education program on the K9 self-propelled howitzer and the K2 main battle tank for military personnel from seven nations, including Poland, Romania, and Qatar, the Army said Friday. Unlike the first round of the program held in July, which focused on the K9 howitzer, the second round of the three-week program that began Monday also includes education on the K2 tank, according to the Army. A total of 35 personnel from seven nations, up from 14 personnel from three nat

Defense Nov. 22, 2024

South Korea has completed the production of vacuum vessel sectors for the international thermonuclear experimental reactor project, aimed at achieving fusion power production at power plant scale, the science ministry said Friday. The country has completed building four vacuum vessels for the ITER, the world's largest tokamak to be set up in southern France, according to the Ministry of Science and ICT. A tokamak is a magnetic fusion device created to demonstrate the viability of fusion as

Politics Nov. 22, 2024

South Korea expects to achieve an economic effect worth 59 trillion won ($42 billion) by enhancing the country's "zero carbon energy ecosystem" by 2033, the industry ministry said Friday. The Ministry of Trade, Industry and Energy has announced the 5th Energy Technology Plan, outlining its energy technology vision and R&D investment strategy for the next 10 years through 2033. Under the plan, the government will focus on increasing the use of nuclear power, hydrogen, and ren

Social Affairs Nov. 22, 2024

Seoul Metro, the operator of subway lines 1-8, said Friday that 27 trains were delayed by more than 20 minutes on the previous day, marking the second day of a slowdown strike by its unionized workers. With 3,189 subway trains in operation Thursday, their on-time rate stood at 99.1 percent, the operator said, noting that the current law defines a delayed train as one delayed by more than 20 minutes. Compared with the first day of the unionized workers' "work-to-rule" protest, th

Social Affairs Nov. 22, 2024

Loans extended by insurance companies in South Korea decreased sharply in the third quarter from a year earlier amid high interest rates and tightened lending rules, data showed Friday. Insurers' outstanding loans reached 266.9 trillion won ($191.4 billion) as of the end of September, down 6.4 trillion won from a year earlier, according to data from the Financial Supervisory Service. The figure also marks a 0.5 trillion-won decline from three months earlier. The on-year decrease was attri

Economy Nov. 22, 2024

US President-elect Donald Trump may seek to reengage with North Korean leader Kim Jong-un "at some point," though the dynamics of their meeting will differ due to Pyongyang's progress in its weapons programs and Russia's backing for the regime, a former Pentagon official said Thursday. Randall Schriver, who served as the assistant secretary of defense for Indo-Pacific security affairs during Trump's first term, made the remarks amid expectations that Trump could try to

Foreign Affairs Nov. 22, 2024

South Korea's An Narin has seized the opening-round lead at the final LPGA tournament of the year in Florida, putting herself in position for her maiden title. An fired a bogey-free round of eight-under 64 at the CME Group Tour Championship at Tiburon Golf Club in Naples, Florida, on Thursday. After making four birdies on the front nine and four more on the back nine, An holds a one-stroke lead over Angel Yin of the United States. The tournament is only open to the top 60 players in the R

Golf Nov. 22, 2024

South Korean Trade Minister Cheong In-kyo said Friday the government will establish cooperative channels with Mexico in an effort to minimize uncertainties for businesses stemming from expected policy changes by the Donald Trump administration. Cheong made the remarks during a Seoul meeting with companies operating in Mexico, including Kia Corp., Hyundai Mobis Co., and LG Innotek Co., to assess the impact of Trump's return on businesses and the broader economy, according to the Ministry o

Industry Nov. 22, 2024

South Korean steelmakers on Friday called for establishing a joint consultative body with the government to devise strategies for expected policy changes by the Donald Trump administration, the industry ministry said. Officials from major steelmakers, including Posco and Hyundai Steel, made the call during a meeting with Industry Minister Ahn Duk-geun in Seoul, where they discussed potential impacts of new policy measures by the upcoming US government and their responses, according to the Mini

Economy Nov. 22, 2024

V, a member of K-pop sensation BTS, will release a seasonal duet with Korean ballad singer Park Hyo-shin next week, the group's agency announced Friday. The digital single, "Winter Ahead (with Park Hyo Shin)," will drop at 2 p.m. next Friday, BigHit Music said on the K-pop fan platform Weverse and BTS' official social media accounts. The track is a jazz-pop collaboration inspired by V's wish for his fans to experience a "warm and happy winter," the agency add

K-pop Nov. 22, 2024