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South Korean stocks opened sharply higher Tuesday, rebounding from the previous session's over 8 percent plunge, as major technology shares bounced back amid a ceasefire between Israel and Iran and sentiment that business fundamentals of sectors related to artificial intelligence remain strong. After opening 2.85 percent higher, the benchmark Korea Composite Stock Price Index extended its gains, rising 247.84 points, or 3.31 percent, to 7,732.25 as of 9:15 a.m. With the sharp rise, the Korea Exc

The Korea Herald

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European leaders ready to support ceasefire talks between Ukraine, Russia

The leaders of Britain, Germany and France said Sunday they supported a proposal for talks between Ukrainian President Volodymyr Zelenskyy and Russian President Vladimir Putin to try to ‌secure a ceasefire, and Europe would play a role. In a joint statement, British Prime Minister Keir Starmer, German Chancellor Friedrich Merz and French President Emmanuel Macron commended Zelenskyy's call for an end to the war and the proposal for direct dialogue between Ukraine and Russia, with active US and E

The Korea Herald

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Israeli strike kills three Lebanese soldiers

An Israeli strike in southern Lebanon killed three soldiers, Beirut's military said Saturday, as its chief traveled to Pakistan to meet with a key mediator in efforts to end the Middle East war. Israel has launched an operation in Lebanon to root out the Tehran-backed armed group Hezbollah, which drew Lebanon into the wider Middle East war by launching missiles on behalf of its sponsor. A ceasefire meant to have gone into force in April was never observed, and a new conditional truce announced a

The Korea Herald

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Israel's defense minister says military operations in Lebanon will continue despite ceasefire

TEL AVIV, Israel (Reuters) -- Israel's military will continue to carry out operations in Lebanon for the time being and will not be withdrawing from the country, Defense Minister Israel Katz said on Thursday, despite the announcement of a new ceasefire. Israel and Lebanon on Wednesday agreed to a new ceasefire following talks mediated by the United States. Under the agreement, Lebanese militant group Hezbollah, which did not participate in the talks, is to stop all attacks on Israel and withdra

The Korea Herald

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Israel, Lebanon agree to implement ceasefire, boosting hopes for Iran deal

DUBAI, United Arab Emirates (Reuters) -- Israel and Lebanon agreed to implement a ceasefire to end hostilities, the Trump administration said on Wednesday, in a boost to hopes for a broader deal to end the US-Israeli war on Iran. Tehran, which had conditioned any deal with the US in part on an end to fighting between Israel and Lebanon, earlier struck Kuwait, damaging its airport and injuring dozens while the US military carried out strikes near the Strait of Hormuz. The Israel-Lebanon ceasefire

The Korea Herald

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[Wang Son-taek] A hope for a Hormuz coalition

Nearly two months have passed since the April 7 ceasefire in the Iran war. Yet negotiations aimed at turning that pause into a durable settlement remain stalled. The fighting may have slowed, but a viable political endgame remains elusive. That reality deserves not only frustration but sober recognition. Why has diplomacy become trapped? One clear reason appears to be the negotiating style of US President Donald Trump. His approach toward Iran has relied on a familiar formula: maximalist demands

KBS World (English)

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Trump Anticipates Reaching Peace Agreement with Iran 'Over the Next Week'

[International] : U.S. President Donald Trump has anticipated striking an agreement with Iran over the next week on a memorandum of understanding(MOU) to end their monthslong war. In a phone interview with ABC News on Monday, Trump said he expected the MOU to extend an existing ceasefire and reopen the Strait of Hormuz to be ... [more...]

The Korea Herald

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Lebanon says Hezbollah accepted US proposal to stop attacks

BEIRUT (AFP) -- Lebanon said Monday Hezbollah had accepted a US proposal to stop attacking Israel in exchange for Israel halting attacks on south Beirut, after US President Donald Trump reported having a "very good call" with the Iran-backed group. Under the arrangement, which Hezbollah has accepted, according to a statement from the Lebanese embassy in Washington shared by the Lebanese presidency, "Israeli strikes on Dahiyeh" -- Beirut's southern suburbs -- "would cease in exchange for Hezbolla

The Korea Herald

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Israel's Netanyahu orders attacks in Beirut's southern suburbs

Israeli Prime Minister Benjamin Netanyahu ordered attacks on the Hezbollah-controlled southern suburbs of Beirut on Monday, signalling further escalation of a war that has complicated mediation towards resolving the US-Iran conflict. Iran's foreign ministry spokesperson Esmaeil Baghaei said that Israeli attacks in Lebanon were among factors causing a delay to the diplomatic process to end ‌the US-Iran war, reiterating that a Lebanon ceasefire was an integral part of any deal. People began fleein

KBS World (English)

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5 Dead, 2 Wounded in Explosion at Hanwha’s Daejeon Facility

[Domestic] : At least five people have been killed in an explosion at Hanwha Aerospace’s factory in the central city of Daejeon. Police and fire authorities reported five fatalities, saying another person suffered severe full-body burns and one has minor injuries. Authorities have yet to identify the deceased due ... [more...]

The Korea Herald

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Emergency response delays Han River bus routes

Han River ferry services were temporarily delayed after a man in his 70s jumped into the river from a bridge on Sunday, according to Yongsan Fire Station. Rescue workers recovered the man from the water and transported him to Apgujeong pier, where CPR was administered. He was later pronounced dead. The deceased reportedly jumped from Hannam Bridge at around 1:45 p.m. The rescue operation disrupted services on the Hangang Bus, Seoul's ferry-based public transit system launched last year, with bot

The Korea Herald

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Lebanon denounces Israeli campaign in south

Lebanon's prime minister accused Israel Saturday of pursuing a "scorched-earth policy" in his country's south, urging a halt to the fighting as Israel carried out fresh airstrikes and issued evacuation warnings for more than a dozen locations. A day after Israeli Prime Minister Benjamin Netanyahu said his forces had advanced deeper into Lebanon, his counterpart Nawaf Salam warned the country was facing a "dangerous" escalation, and called for "a swift and real ceasefire." In a televised address,

KBS World (English)

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White House: Trump to Only Make Peace Deal Good for America, Satisfying Redlines

[International] : The White House says U.S. President Donald Trump will only make a peace deal with Iran that is good for America and satisfies his redlines. The statement came after a situation room meeting with his top aides to finalize a framework for extending the ceasefire ended without any details being ... [more...]

The Korea Herald

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Seoul shares close at new high on tech rally, Mideast optimism

South Korean stocks rebounded to a fresh all-time high Friday, driven by strong gains in stocks related to artificial intelligence and renewed optimism about a potential ceasefire in the Middle East. The local currency fell against the US dollar. The benchmark Korea Composite Stock Price Index added 290.86 points, or 3.55 percent, to close at 8,476.15, after hitting a new intraday high of 8,615.09. Trade volume was heavy at 701.5 million shares worth 73.7 trillion won ($48.9 billion), with loser

KBS World (English)

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Axios: US, Iran Reach Deal That Needs Trump’s Final Approval

[International] : The United States and Iran have reportedly reached an agreement on a memorandum ⁠of understanding to extend their ceasefire for 60 days and launch negotiations on Iran’s nuclear program. American news website Axios on Thursday reported on the deal, citing two U.S. officials and a regional ... [more...]

The Korea Herald

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Seoul shares open strong on eased Middle East tensions

South Korean stocks opened sharply higher Friday following reports that the United States and Iran have reached an agreement to extend the current ceasefire. The benchmark Korea Composite Stock Price Index added 217 points, or 2.65 percent, to 8,402.29 in the first 15 minutes of trading. The index fell 0.53 percent Thursday after closing over the 8,200-point level two days prior. Investors were boosted by overnight reports that Washington and Tehran had agreed to a memorandum of understanding to

The Korea Herald

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Israel pounds Lebanon with strikes

Israel pounded Lebanon with more ‌than 120 airstrikes Tuesday in one of the heaviest days of bombing in weeks, Lebanese security sources said, as Israeli Prime Minister Benjamin Netanyahu said his military was deepening its operations in the country. The bombing raids further strained a ceasefire announced on April 16 that was ‌meant to halt fighting between Israel and the Lebanese armed group Hezbollah, and came as Iran said the United States had violated a separate truce by striking southern I

The Korea Herald

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Kospi roars past 8,100 on Iran ceasefire hopes

The South Korean benchmark Kospi soared above 8,100 points for the first time during intraday trading Tuesday on expectations of an end to the war in Iran as Washington and Tehran inch closer to a deal. The index opened at 8,070.91, up 2.84 percent from Friday’s close, as markets were closed Monday for a public holiday. It extended gains to hit as high as 8,131.15, shattering its previous intraday record of 8,046.78 set on May 15. As of 1 p.m., the index stood at 8,104.01, up 3.27 percent for th

The Korea Herald

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Israel steps up Lebanon strikes as Netanyahu escalates offensive

The Israeli army intensified strikes in southern Lebanon Monday, as Israeli Prime Minister Benjamin Netanyahu said he had ordered the military to escalate its offensive in Lebanon in an effort to "crush" Hezbollah. The airstrikes come as the US and Iran seek to finalize the terms of an agreement to end the Middle East conflict, which could include the Lebanon front, where Israel and Hezbollah have waged war since March 2. Despite a ceasefire that came into effect on April 17, Israel and Iran-bac

KBS World (English)

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US Strikes Southern Iran amid Ceasefire Extension Negotiations

[International] : U.S. forces have struck targets in southern Iran in what they said was defensive in nature. According to American news outlets, the U.S. Central Command(CENTCOM) issued a statement Monday, saying the strikes against boats attempting to lay mines and ⁠missile launch sites were designed to protect ... [more...]

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