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[Inter-Korea] : North Korean leader Kim Jong-un called the advancement of North Korea-China relations his “most critical strategic initiative”. China’s state-run Xinhua News Agency reported Monday that Kim had made the remarks during his summit with Chinese President Xi Jinping in Pyongyang the same day. Kim said ... [more...]

The Korea Herald

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Unification minister seeks Mongolia's support to bring Pyongyang to dialogue

Unification Minister Chung Dong-young has met with Mongolian President Ukhnaa Khurelsukh to discuss deepening bilateral ties and advancing peace on the Korean Peninsula, the ministry said Friday. Chung is currently in the Mongolian capital for the 11th Ulaanbaatar Dialogue, a forum on security and peace cooperation in Northeast Asia. In his meeting with the president, Chung said Mongolia, one of the few countries that maintains friendly ties with both Koreas, is uniquely positioned to help advan

The Korea Herald

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스포츠

South Korea has 70% chance of reaching World Cup knockout stage

Will South Korea become the first Korean team to reach the knockout stage at consecutive World Cups played outside the country? According to projections from Opta's supercomputer, the odds are in its favor. Opta, a sports analytics company, said Monday it ran 10,000 simulations of the 2026 FIFA World Cup and projected the expected performance of all 48 teams in the tournament. The simulations gave South Korea a 70.35 percent chance of advancing from the group stage and a 33.52 percent chance of

The Korea Herald

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경제

Hanwha Ocean highlights potential $68b GDP impact in Canada submarine bid

Hanwha Ocean is advancing its efforts to win a 60 trillion won ($39.8 billion) submarine bid from Canada, proposing an ambitious plan to boost the Canadian economy at CANSEC 2026, the country’s largest defense and security trade show. During the event — held from Wednesday to Thursday — the company engaged with Canadian government officials and industry leaders, emphasizing that it could generate more than 22,500 jobs and contribute 94 billion Canadian dollars ($68 billion) in GDP impact if it i

The Korea Herald

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Weverse Company appoints Yang Zoo-il as new president

Weverse Company, operator of global fandom platform Weverse, announced Wednesday that it has appointed Yang Zoo-il as its new president. Yang will officially assume the role on June 1. The appointment comes as part of Weverse’s growth strategy aimed at further advancing its services and strengthening its operations as a leading fandom platform brand. Yang began his career as a developer at NHN, a South Korean IT and online gaming company, and later served as CEO of NHN Ticketlink, NHN Bugs and N

The Korea Herald

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산업

Hyundai creates dedicated units for software-defined factory, robot components

Hyundai Motor Group has created units dedicated to advancing its software-defined factory strategy and procuring robot components as part of broader plans to deploy Atlas humanoid robots at its auto manufacturing facilities, industry sources said Monday. The group recently created a position overseeing its SDF initiative and appointed Alpesh Patel, who serves as chief innovation officer at Hyundai Motor Group Innovation Center Singapore, according to the sources. An SDF refers to a factory where

The Korea Herald

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Kosdaq soars 5% on public investment fund hopes

South Korea's secondary bourse Kosdaq surged nearly 5 percent on Friday, backed by growing expectations over a public investment fund aimed at fostering strategic industries. The junior bourse closed at 1,161.13, advancing 4.99 percent from the previous session. Foreign investors lifted the index, net buying 702.8 billion won ($468.5 million), while institutional investors added 288.1 billion won to the rally. Retail investors were the sole net sellers, offloading a net 969.2 billion won. A buy-

The Korea Herald

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LX Pantos joins UN women’s empowerment initiative

LX Pantos said Wednesday it had joined UN Women’s Empowerment Principles, underscoring its commitment to building a more inclusive corporate culture based on gender equality and women’s empowerment. Established jointly by the UN Global Compact and UN Women, the Women’s Empowerment Principles provide guidelines for advancing women’s rights and gender equality across workplaces, supply chains and local communities. More than 12,000 companies globally, including over 100 in Korea, have joined the i

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