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Prime Minister nominee Han Seong-sook said Monday she would focus on spurring wider adoption of artificial intelligence technologies and shared growth if she is approved as deputy head of the government. "I will spur the country's AI transformation and focus on accelerating innovation, amid industrial restructuring accelerated by AI and a complex global crisis," said the 59-year-old on her way to her temporary office in Jongno-gu, Seoul, to prepare for a confirmation hearing. Cheong Wa Dae motiv

The Korea Herald

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Lee taps SME minister Han Seong-sook for PM

President Lee Jae Myung nominated Minister of SMEs and Startups Han Seong-sook to be the country's next prime minister, a senior presidential official said Sunday, putting South Korea on track to appoint its first female premier in nearly two decades and only the second woman ever to hold the office. If approved by the National Assembly, Han, 59, would become the country's second female prime minister, following Han Myeong-sook, who served from 2006 to 2007. The nomination comes as current Prime

The Korea Herald

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US House passes resolution to halt military action in Iran in rebuke of Trump

WASHINGTON (Reuters) -- The Republican-led US House of Representatives approved a resolution on Wednesday to block President Donald Trump from continuing the war against Iran, reflecting growing concern among members of his party about the three-month-old conflict. The House voted 215 to 208, as four Republicans voted with Democrats in favor of the war powers resolution, which directs Trump to withdraw US troops from Iran unless Congress declares war or authorizes the use of military force. It w

The Korea Herald

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KB begins chair selection amid governance overhaul

KB Financial Group has started the process of choosing who will lead the group after incumbent Chair Yang Jong-hee's term ends in November, with a final nominee expected in September. The company said Tuesday its chairman candidate recommendation committee approved detailed rules for the selection process and narrowed its longlist of 20 candidates to 12, evenly split between internal and external contenders. The process is starting about one month earlier than last time. KB said the longer timel

The Korea Herald

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IT/기술

Cabinet approves bill to support defense semiconductor industry

South Korea’s Cabinet on Tuesday approved a bill aimed at fostering the country’s defense semiconductor industry, the Ministry of National Defense said. The bill on nurturing and supporting defense semiconductors is expected to be promulgated later this month and could take effect as early as the fourth quarter, after related enforcement decrees and regulations are prepared. Defense semiconductors are key components of advanced weapons systems, but the sector has lacked a dedicated legal framewo

The Korea Herald

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Yes to grasshoppers, no to ants: How does Korea decide which bugs can be grub?

Grasshoppers have made it onto South Korea’s dinner tables, at least legally. Ants and cockroaches, however, remain off the menu. On Tuesday, South Korea approved Parapodisma mikado, a species of grasshopper, as a food ingredient, expanding the country’s short list of edible insects. The decision has renewed attention on a question that may sound simple but is tightly regulated: Why are some insects approved as food while others are not? The answer lies in a regulatory system that requires years

The Korea Herald

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경제

Korea to offer 24-hour won-dollar trading from July

South Korea's foreign exchange market will move to round-the-clock won-dollar trading from July, marking a major step in efforts to improve market accessibility. Seoul authorities approved revisions to the code of conduct for the onshore forex market at a meeting held Friday, the Finance Ministry announced through a statement released Sunday. The change will take effect from July 6. Under the revised code, won-dollar trading hours, currently set from 9 a.m. to 2 a.m. the following day, will be e

The Korea Herald

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사회

Arrest warrant issued for suspect in stabbing of 2 men

A Seoul court on Friday granted an arrest warrant for a man charged with stabbing two other men at an office in western Seoul earlier this week. Following an arrest warrant hearing held earlier in the day, the Seoul Southern District Court approved the warrant for the suspect, an employee of a partner company, citing risk of flight. The suspect, in his 60s, stabbed two LG Electronics employees – one in his 50s and the other in his 40s – on the second floor of the company's business center in Gan

The Korea Herald

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SK Bioscience wins W300b policy funding for pneumococcal vaccine

SK Bioscience plans to expedite the late-stage clinical trial of its pneumococcus vaccine by leveraging a 300 billion won ($200 million) government fund. The vaccine arm of SK Group said Friday that its board of directors approved an ultra-low interest loan from the Korean government-backed National Growth Fund. The decision comes after the Fund Operations Committee nominated SK Bioscience as a recipient of the fund on Thursday. The National Growth Fund refers to a public-private combined financ

The Korea Herald

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Seoul Subway Line 2 resumes normal operations after safety inspection over overpass demolition

Seoul Subway Line 2 resumed normal operations early Friday following an overnight safety inspection due to the resumption of demolition work of a partially collapsed overpass, the city subway operator said. The underground inspection began Thursday night after the labor ministry approved the city government's plan to resume demolishing the Seosomun Overpass in western Seoul, which partially collapsed Tuesday, killing three people and injuring three others. Seoul Metro cut operations between Hong

The Korea Herald

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Samsung seals strike-averting wage deal amid bonus backlash

Samsung Electronics and its labor unions signed their 2026 wage agreement Wednesday, formally ending weeks of negotiations after union members approved a last-minute bonus deal that narrowly averted a planned strike. But the agreement is expected to fuel backlash over wide bonus gaps between chip and nonchip employees, and shareholder opposition over profit-linked payouts. The signing ceremony was held at Samsung's employee training center in Giheung, after the deal was approved by a union vote

KBS World (English)

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Samsung Electronics Bonus Deal Ratified in Face of Opposition

[Politics] : Anchor: Workers at Samsung Electronics have approved the last-minute wage deal that prevented a general strike last week. After a six-day vote, the agreement met with support from 73-point-seven percent of those who cast ballots representing the company’s two largest labor unions. With its ratification ... [more...]

The Korea Herald

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[Reporter’s Notebook] When education policy outruns coordination

When the Education Ministry announced in April that it would crack down on unapproved international schools, the schools themselves were not the only concern. Many of these institutions operate like schools while being registered as private academies. Some also hire foreign teachers on E-2 visas, which are issued for foreign language instruction. In practice, however, many such teachers are believed to teach other subjects. When asked what would happen to E-2 visa holders found teaching nonlangu

KBS World (English)

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Unions Approve Samsung Electronics Wage Deal

[Economy] : A wage deal at Samsung Electronics that includes unprecedented bonuses for the semiconductor unit has been approved by union members. According to the union side on Wednesday, the tentative agreement reached last week was approved in a six-day vote by members of the company’s two largest unions, with ... [more...]

The Korea Herald

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Samsung wage deal nears approval as internal backlash grows

Samsung Electronics' tentative wage agreement is set to be approved this week, ending a five-month labor dispute that nearly triggered the company's largest-ever strike. But the workers the deal leaves out are going to court to stop it. Turnout in the union ratification vote passed 86 percent as of Monday morning, the fourth day of balloting, according to the company's largest union. The electronic vote closes at 10 a.m. Wednesday and approval is widely expected. Roughly 80 percent of that union

The Korea Herald

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S. Korea finalizes plan to buy SM-6 missiles for Aegis destroyers

South Korea has finalized a plan to purchase US-made SM-6 long-range surface-to-air missiles for its Aegis destroyers, the state arms procurement agency said Friday. The Defense Acquisition Program Administration said the plan was approved during the 175th meeting of the Defense Project Promotion Committee, the country’s top defense project decision-making body. The long-range naval surface-to-air missile project is aimed at acquiring SM-6 missiles through the US Foreign Military Sales program f

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