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Hanwha Aerospace CEO Son Jae-il has been booked over a June 1 explosion at the defense firm’s Daejeon plant that killed five people and injured two, labor authorities said Monday. The Daejeon Police Agency said Monday that it had booked Ga Jae-woong, head of Hanwha Aerospace’s Daejeon facility, on charges of professional negligence resulting in death and injury. The Daejeon Regional Employment and Labor Office also said Monday that it had booked Son and Ga for alleged violations of the Serious A

The Korea Herald

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S. Korea, ASEAN to kick off negotiations for improving bilateral FTA

South Korea and the Association of Southeast Asian Nations are set to commence official talks for upgrading their free trade agreement, as part of the ongoing effort to expand bilateral ties in emerging areas, such as digital economy and critical minerals, Seoul's trade ministry said Monday. The first round of official negotiations is scheduled to take place throughout this week in Seoul, with Park Geun-oh, director general for trade agreement policy at the Ministry of Trade, Industry and Resour

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LED에 붙인 손가락만 한 '딸칵'…"전국 적용시 원전 5기 줄인다"

[스타트UP스토리] 임환 온유테크 대표 [이 기사에 나온 스타트업에 대한 보다 다양한 기업정보는 유니콘팩토리 빅데이터 플랫폼 ‘데이터랩’에서 볼 수 있습니다.] '네가와트(Negawatt)'는 40여년 전 미국 물리학자 에이머리 러빈스가 제안한 개념이다. 발전소에서 새로 만들어낸 메가와트(Megawatt)가 아니라, 효율을 높여 안 쓰게(Negative) 된 와트도 똑같은 가치를 가진다는 발상이다. '안 짓는 발전소'라고도 불린다. 1989년 캐나다 몬트리올 그린에너지 컨퍼런스에서 발표된 뒤 미국 일부 주들은 절전 사업을 발전 사업과 동등하게 평가하는 정책을 도입했다....

The Korea Herald

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Ahead of Xi visit, North Korea signals denuclearization is off the table

Just one day before Chinese President Xi Jinping is set to arrive in Pyongyang for a rare state visit, North Korea on Sunday delivered an unmistakable message: Its nuclear weapons program is not up for negotiation. A strongly worded statement by the North Korean leader's influential sister, Kim Yo-jong, and Kim Jong-un's inspection of nuclear and missile production facilities appear to be an attempt to define the terms of the summit before Xi even lands, making clear that any discussion of denuc

The Korea Herald

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N. Korea's Kim Yo-jong says Pyongyang's nuclear status 'irreversible'

The powerful sister of North Korean leader Kim Jong-un has said her country's status as a nuclear-armed state is "absolutely irreversible" and vowed not to tolerate any threats against it, the North's state media reported Sunday. Kim Yo-jong made the remarks in a statement carried by the Korean Central News Agency, in which she reiterated Pyongyang's position that its nuclear weapons program is nonnegotiable while rejecting international efforts aimed at denuclearization. "Our status as a nuclea

KBS World (English)

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Unification Minister Proposes 2 Koreas, US, China Start Dialogue to Establish Peace Regime

[Inter-Korea] : Unification Minister Chung Dong-young has proposed starting a four-way negotiation framework involving the two Koreas, the U.S. and China on shifting the Korean Peninsula from an armistice to a peace regime. Chung made the proposal on Thursday when he gave a special speech at the eleventh conference of the ... [more...]

The Korea Herald

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Seoul shares open sharply lower on Wall Street losses, renewed Iran tension; won falls

South Korean stocks opened sharply lower Thursday, tracking overnight losses on Wall Street caused by uncertainty over negotiations between the United States and Iran to end their war in the Middle East. After starting 2.02 percent lower, the benchmark Korea Composite Stock Price Index lost 180.03 points, or 2.05 percent, to 8,621.46 as of 9:15 a.m. The Kospi closed at an all-time high of 8,801.49 on Tuesday. The local stock market was closed Wednesday for the election. Overnight, US stocks ende

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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S. Korea-US Security Talks Enter Second Day with Focus on Enrichment, Reprocessing Rights

[Politics] : South Korea and the United States entered the second day of their first round of formal negotiations to implement security agreements reached between their leaders at a summit last year. The U.S. delegation arrived at the foreign ministry building in Seoul on Wednesday and resumed talks with South Korean ... [more...]

KBS World (English)

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Trump Denies Talks with Iran Suspended, Urges Deal 'One Way or Another'

[International] : U.S. President Donald Trump has denied recent media reports that peace negotiations with Iran were suspended after Israel’s attacks on Lebanon, and urged Tehran to make a deal “one way or another.” On Truth Social on Tuesday, Trump said news reports that the two sides have stopped speaking ... [more...]

The Korea Herald

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National security adviser meets US under secretary of state for talks on security

National Security Adviser Wi Sung-lac met with visiting US Under Secretary of State Allison Hooker on Tuesday, welcoming the launch of follow-up negotiations on an agreement reached by their countries' leaders last year. "We hope that two days of productive talks will help accelerate progress on the matter," Cheong Wa Dae said in a press release. "Both sides reaffirmed the ROK-US alliance as a central pillar of peace and prosperity on the Korean Peninsula and in the Indo-Pacific, and pledged to

KBS World (English)

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S. Korea, US Wrap Up First Day of Negotiations on Security Deals from 2025 Summit

[Politics] : South Korea and the United States have wrapped up the first day of formal negotiations to implement security agreements reached between their leaders at a summit last year. According to the foreign ministry, the two sides opened the inaugural two-day meeting at the Ministry of Foreign Affairs in Seoul on ... [more...]

KBS World (English)

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South Korea, US Launch Formal Negotiations on Security Agreements from 2025 Summit

[Politics] : South Korea and the United States have launched their first round of formal negotiations to implement the security agreement reached between their leaders at a summit last year. The two sides opened the inaugural two-day meeting at the Ministry of Foreign Affairs in Seoul on Tuesday morning to discuss ... [more...]

The Korea Herald

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Senegal president names government, excluding rival's party

Senegal's President Bassirou Diomaye Faye on Monday announced a new government, excluding the party led by his former ally Ousmane Sonko, whom he sacked as prime minister over political disputes. Faye's announcement came in a live television broadcast less than two weeks after he fired Sonko, his former mentor, and dismissed the cabinet following disagreements including over the troubled economy. A popular figure, Sonko was promptly elected speaker of parliament by allies in a vote boycotted by

The Korea Herald

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SK hynix workers to seek Samsung-level housing loans

SK hynix is expected to open its 2026 wage negotiations this month with employees pressing the company to match the housing loans that rival Samsung Electronics granted its own staff last month, worth up to 500 million won ($330,000) per worker. Samsung's home loan, which its union ratified last Wednesday after a five-month standoff, set a new benchmark for the chip industry. The company will lend nonhomeowner employees up to 500 million won to buy a home at a fixed interest rate of 1.5 percent,

The Korea Herald

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Lee's approval rating inches down to 59.1%: poll

President Lee Jae Myung's approval rating fell slightly from a week earlier partly due to negative sentiment over the deadly collapse of an overpass in central Seoul last week, a survey showed Monday. In the poll commissioned by EKN newspaper and conducted by Realmeter, the positive assessment of Lee's job performance slipped 0.2 percentage point from a week before to 59.1 percent. The weekly survey was conducted on 2,008 people aged 18 and older from Tuesday through Friday. The negative assessm

The Korea Herald

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Seoul shares open at record high on extended tech rally

South Korean stocks opened at a fresh record high Monday as investor appetite for tech shares helped offset uncertainty surrounding negotiations between the United States and Iran over a peace agreement. The benchmark Korea Composite Stock Price Index rose 9.52 points, or 0.11 percent, to a fresh high of 8,485.67 at the opening bell. The Kospi closed at a record high of 8,476.15 on Friday. Over the weekend, Washington and Tehran exchanged messages seeking revisions to a draft agreement aimed at

KBS World (English)

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Trump Claims Key Concession by Iran after Agreement Not to Develop, Acquire Nuclear Weapons

[International] : U.S. President Donald Trump says Iran has agreed not to develop or acquire nuclear weapons, which he described was a significant step in the two sides' ongoing peace negotiations. Appearing on Fox News' "My View with Lara Trump" on Saturday, Trump said Tehran's agreement to not to just ... [more...]

The Korea Herald

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Why ambiguity matters to German painter Andi Fischer

For German painter Andi Fischer, some of the most important moments in painting happen when things do not go according to plan. "Failure is not the opposite of success, but part of the same process," Fischer said in a recent written interview with The Korea Herald. The artist’s latest exhibition in Seoul, "Feil Good" at Gallery Baton in the spring, reflected a philosophy that embraces uncertainty, mistakes and unexpected outcomes. Rather than treating failure as something negative, Fischer sees

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...]

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