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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 eyes Iran assets for Gulf reconstruction

The US government will attempt to redirect Iranian assets to Gulf states for rebuilding and repairs of damage caused by Iran, a source familiar with the matter said, as Tehran followed up a wave of strikes against Kuwait and Bahrain with further drone launches. US Treasury Secretary Scott Bessent has directed a team to assess costs for damages already inflicted on Gulf allies by Iran, the source ‌said, adding that the US will consider using Iranian assets for repairs ofany future destruction as

The Korea Herald

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기타

How Jensen Huang wins over young Koreans

When Nvidia CEO Jensen Huang landed in South Korea last week, he was treated more like a celebrity than a corporate executive. From his visit to a PC bang in Hongdae to his meeting with esports icon Faker and his pork belly-and-soju dinner with Korean business leaders, Huang's every move attracted crowds, cameras and online attention. Some fans even followed his whereabouts through a "Jensen Huang tracker." The Korea Herald spoke to young Korean adults for their take on Huang and why he appears

The Korea Herald

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Making America laugh is no joke

Korean culture has expanded far beyond its borders over the past decade: K-pop is a global phenomenon, while Korean films, television, food, fashion and beauty products continue to attract growing international audiences. Comedian Kim Dong-ha hopes Korean comedy can follow. Kim recently completed the first North American stand-up tour by a Korean comedian, performing in Washington, Toronto and Vancouver under the banner "Made in Korea." The shows were performed entirely in Korean and drew largel

The Korea Herald

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사회

S. Korea condemns threats to U.N. peacekeeping mission after Serbian peacekeeper killed in Lebanon

South Korea on Friday condemned "all acts" threatening the safety of the U.N. peacekeeping mission in Lebanon, following the death of a Serbian peacekeeper serving with the mission. "We express deep concern over the recent casualties, including the death of a Serbian peacekeeper serving with the U.N. Interim Force in Lebanon (UNIFIL), and condemn all acts that threaten the safety and security of UNIFIL personnel," foreign ministry spokesperson Park Il said in a commentary. Park recalled that att

KBS World (English)

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Floor Leader of Main Opposition PPP Offers Resignation

[Politics] : Song Eon-seog, floor leader of the main opposition People Power Party(PPP), has announced his resignation following the lackluster results of the June 3 local elections. During a general meeting of party members held at the National Assembly on Friday, Song offered his resignation from his post as floor ... [more...]

KBS World (English)

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S. Korea Reacts to News of Xi’s Visit to N. Korea, Expresses Hope for ‘Constructive Role’ from China

[Politics] : The South Korean foreign ministry has expressed hope that China will play a constructive role on issues concerning the Korean Peninsula, following an announcement that Chinese President Xi Jinping will visit North Korea. A ministry official told reporters on Friday that it is keeping a close eye on the ... [more...]

The Korea Herald

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문화/연예

'Teach You a Lesson' is ready for its Netflix debut after years of controversy

"Teach You a Lesson" had already become one of Netflix Korea's most controversial projects long before its release. Now, it's finally heading to screens. The series follows a special organization established to defend Korea's troubled education system from disruptive students, abusive parents and unethical teachers. It promises a highly cathartic blend of action and social commentary, centered on officials who intervene when conventional systems fail to protect victims. Yet the conversation surr

The Korea Herald

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Canada, Korea deepen industry partnership with potential CA$100 billion economic impact

South Korea and Canada are expanding cooperation in energy security, critical minerals, strategic industries and supply chain resilience, a move that could generate more than 100 billion Canadian dollars ($71.91 billion) in economic impact for Canada while supporting tens of thousands of jobs. The expanded partnership was announced Tuesday following a meeting between Canada's Minister of Energy and Natural Resources Tim Hodgson and South Korea's Chief of Staff to the President and Special Envoy

The Korea Herald

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정치

South Korea, US agree to accelerate nuclear cooperation discussions

South Korea and the United States have agreed to accelerate talks, following the first working-level consultations this week on plans for Seoul's acquisition of nuclear-powered submarines. According to Seoul's Foreign Ministry on Friday, the two countries held a two-day meeting in Seoul this week to launch follow-up discussions on nuclear cooperation outlined in a joint fact sheet released after last year's summit between President Lee Jae Myung and US President Donald Trump. The consultations b

The Korea Herald

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KRX issues sell-side sidecar for KOSPI on sharp fall

The country's bourse operator on Friday activated a sell-side sidecar for the benchmark Korea Composite Stock Price Index as the index nosedived due to a slump in tech heavyweights. Program trading for the KOSPI was suspended for five minutes at around 9:08 a.m., according to the Korea Exchange. The KOSPI fell sharply as investors took a breather following a recent rally in tech shares amid uncertainty over the US-Iran peace deal. Opening at 3.66 percent lower, the KOSPI fell as low as 8,146.65

The Korea Herald

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1

Seoul shares open sharply lower on tech slump amid Middle East uncertainty

South Korean stocks opened sharply lower Friday as investors took a breather following a recent rally in tech shares amid uncertainty over the U.S.-Iran peace deal. After opening 3.66 percent lower, the benchmark Korea Composite Stock Price Index fell 449.16 points, or 5.2 percent, to 8,190.25 as of 9:15 a.m. The Korea Exchange suspended program trading for the KOSPI for five minutes at around 9:08 a.m., a measure issued when the KOSPI 200 Futures index decreases 5 percent or more for at least o

KBS World (English)

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Police Dispatch Riot Squads to Songpa Voting Center to Disperse Protesters after Ballot Shortage

[Politics] : Police have dispatched riot squads to a voting center in the Jamsil-7 area of Seoul’s Songpa district, where protesters there have blocked election authorities from taking out two ballot boxes from Wednesday’s local elections following a ballot shortage. The Seoul Metropolitan Police Agency issued an ... [more...]

The Korea Herald

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S. Korean, Turkish FMs discuss investment, nuclear energy, regional issues

Foreign Minister Cho Hyun and his Turkish counterpart, Hakan Fidan, discussed regional security issues and ways to bolster cooperation in trade, nuclear energy and infrastructure during their talks in Seoul on Thursday, Seoul's foreign ministry said. The meeting was meant to review progress on follow-up measures from the summit between South Korean President Lee Jae Myung and Turkish President Recep Tayyip Erdogan held in November. Fidan's visit marked the first trip by a Turkish foreign ministe

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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IT/기술

Krafton, Nvidia chiefs to discuss physical AI in Seoul

Nvidia CEO Jensen Huang is expected to meet Krafton executives during his visit to Seoul this week, as the two companies explore deeper cooperation in physical AI and next-generation AI computing. According to industry sources Thursday, Huang is scheduled to hold talks with Krafton Chairman Chang Byung-gyu and other senior executives during his six-day stay in Korea. Huang is expected to arrive in Seoul on Friday. The meeting follows discussions held last year at Nvidia's California headquarters

The Korea Herald

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Hanwha Aerospace halts production nationwide after deadly blast

Hanwha Aerospace has temporarily shut down production at all of its major domestic facilities and launched safety inspections following a deadly explosion at its Daejeon plant that killed five workers earlier this week. Hanwha Aerospace said that all nonessential domestic production line operations would be suspended from Thursday to Friday, except for essential processes, to conduct special safety inspections and employee safety training. It marked the first time the defense affiliate under Han

KBS World (English)

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Hanwha Aerospace to Halt Production Lines for Safety Inspections following Daejeon Explosion

[Economy] : Hanwha Aerospace will suspended all of its production lines until Friday for special safety inspections following an explosion at a Daejeon facility on Monday that killed five workers and injured two others. The company announced on Thursday that it will halt operations at nine locations for two days, ... [more...]

The Korea Herald

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Hanwha Aerospace to suspend production lines after deadly explosion

Hanwha Aerospace Co., a defense affiliate of Hanwha Group, said Thursday it will suspend operations at all of its production facilities and conduct special safety inspections following a deadly explosion at its Daejeon facility. The company said it will halt operations at its nine business sites nationwide for two days starting Thursday, marking the first companywide production shutdown since its establishment in 2023. Some essential production processes, however, will be exempt from the suspens

The Korea Herald

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경제

Foreign reserves drop in May on FX market-stabilizing measures

South Korea's foreign reserves fell slightly last month amid efforts by authorities to manage exchange rate volatility, the central bank said Thursday. The country's foreign reserves stood at US$426.99 billion as of end-May, down $880 million from a month earlier, according to data from the Bank of Korea (BOK). The figure had risen $4.22 billion in April, following a $3.97 billion decline in March, which was the sharpest monthly drop in about a year. The BOK attributed the on-month decline to au

뉴스

타임라인 키워드

Lee taps SME minister Han Seong-sook for PM

US eyes Iran assets for Gulf reconstruction

How Jensen Huang wins over young Koreans

Making America laugh is no joke

S. Korea condemns threats to U.N. peacekeeping mission after Serbian peacekeeper killed in Lebanon

Floor Leader of Main Opposition PPP Offers Resignation

S. Korea Reacts to News of Xi’s Visit to N. Korea, Expresses Hope for ‘Constructive Role’ from China

'Teach You a Lesson' is ready for its Netflix debut after years of controversy

Canada, Korea deepen industry partnership with potential CA$100 billion economic impact

South Korea, US agree to accelerate nuclear cooperation discussions

KRX issues sell-side sidecar for KOSPI on sharp fall

Seoul shares open sharply lower on tech slump amid Middle East uncertainty

Police Dispatch Riot Squads to Songpa Voting Center to Disperse Protesters after Ballot Shortage

S. Korean, Turkish FMs discuss investment, nuclear energy, regional issues

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

Krafton, Nvidia chiefs to discuss physical AI in Seoul

Hanwha Aerospace halts production nationwide after deadly blast

Hanwha Aerospace to Halt Production Lines for Safety Inspections following Daejeon Explosion

Hanwha Aerospace to suspend production lines after deadly explosion

Foreign reserves drop in May on FX market-stabilizing measures