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The Korea Herald

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New Assembly speaker elected; 14 new lawmakers make Assembly debut

The National Assembly on Friday elected six-term liberal lawmaker Rep. Cho Jeong-sik as its new speaker of the country's unicameral legislature. Cho, who was selected in the ruling Democratic Party of Korea's internal contest on May 13, won 267 votes out of 276 at the plenary session held Friday. Cho will hold the post for the 22nd National Assembly until May 2028. Cho, 62, replaces five-term Rep. Woo Won-shik, whose two-year term as the speaker ended on May 29. In his acceptance speech, Cho ple

KBS World (English)

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Cho Jeong-sik Elected New National Assembly Speaker

[Politics] : Ruling Democratic Party(DP) Rep. Cho Jeong-sik has been elected the new speaker for the second half of the 22nd National Assembly. Cho was elected during a plenary session Friday after securing the consent of all 276 lawmakers present at the session. In line with the National Assembly Act, which regulates ... [more...]

The Korea Herald

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Nvidia CEO touches down in Seoul with 'surprises' for Korea

Nvidia CEO Jensen Huang said Friday he brought "a lot of business (opportunities)" and "surprises" for Korea, raising expectations for deeper cooperation with Korean companies. Speaking to reporters shortly after arriving in Seoul, Huang said he would be meeting with major tech conglomerates here — including Samsung Electronics, SK Group, Hyundai Motor Group, LG Group and Naver — as Nvidia works to align with partners ahead of what he saw as big years for AI infrastructure. "The second half (of

The Korea Herald

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Hongdae buzzes ahead of Jensen Huang's PC bang, pork belly stops

Seoul’s Hongdae district was buzzing from early Friday morning, hours before Nvidia CEO Jensen Huang was expected to touch down in Korea for a visit packed with gaming, barbecue and meetings with the country’s top business leaders. Huang is expected to arrive at Seoul Gimpo Business Aviation Center at around 1 p.m., according to Nvidia. After briefly speaking to reporters there, he is set to head to his first official stop: an internet cafe, locally known as "PC bang," operated by Korean esports

The Korea Herald

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Korea Investment bets on Coinone for digital asset push

Korea Investment & Securities is betting that the next phase of finance will be built on digital assets, taking a strategic stake in Coinone to position itself as a hub connecting traditional finance and the crypto economy. Speaking at a joint press conference in Seoul on Thursday, Korea Investment & Securities CEO Kim Sung-hwan said the brokerage joined Coinone as a strategic investor rather than a financial investor, reflecting its conviction that digital assets will become increasingly intert

The Korea Herald

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IT/기술

From ETFs to AI: Park Hyeon-joo maps Mirae Asset's future

Mirae Asset Group Founder and Global Strategy Officer Park Hyeon-joo has outlined a new vision for the asset management giant's next stage of growth, betting that artificial intelligence, digital assets and innovative investment products will reshape the future of wealth management. Speaking at the Mirae Asset Rally 2026 held in Hongcheon, Gangwon Province, Park unveiled what he called "Mirae Asset 3.0," a strategy aimed at connecting the group's ETF business, AI-powered wealth management capabi

KBS World (English)

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PPP’s Oh Calls Seoul Citizens Real Winners in the June 3 Election

[Politics] : Incumbent Seoul Mayor Oh Se-hoon of the main opposition People Power Party, whose victory in the June 3 mayoral race has been virtually confirmed, says the citizens of Seoul and their common sense are the real winners. Speaking at his election camp office on Thursday, Oh said the citizens have definitively ... [more...]

The Korea Herald

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IT/기술

AI creators, tech leaders gather in San Francisco for Upscale Conf

Korea Herald correspondent Choi Jeong-yoon SAN FRANCISCO, US — Upscale Conf, a two-day event on artificial intelligence and creative production, opened Wednesday in San Francisco, bringing together creators, filmmakers, technologists and business leaders to discuss how generative AI is changing industries from design and advertising to filmmaking and marketing. Held at The Midway and organized by AI image upscaling company Magnific, the conference features speakers from technology companies, med

The Korea Herald

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IT/기술

SK chief looks beyond chips to AI factories

SK Group Chairman Chey Tae-won said Tuesday that the conglomerate aims to move beyond supplying AI memory chips and eventually build "AI factories," while doubling wafer production capacity within five years to meet surging demand from the artificial intelligence boom. Speaking to reporters on the sidelines of Computex 2026 in Taipei, Chey said SK's ambitions extend beyond its current role as a key supplier of memory chips for AI systems. "Today we produce memory chips for AI, but I want to chal

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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[Graphic News] S. Korea TOEIC ranking rises to 5th in Asia

South Korea’s average TOEIC score rose to 682 last year, up four points from a year earlier and ranking 17th among 39 countries and fifth in Asia, according to the Korea TOEIC Committee under YBM. The Test of English for International Communication, better known as TOEIC, is a standardized English-language test widely used to assess workplace English proficiency among non-native speakers. Germany recorded the highest average score at 851, followed by Lebanon at 850, Belgium at 780, Italy at 776

The Korea Herald

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Doosan Robotics extends rally on Huang's Korea robotics push

Doosan Robotics shares jumped again Tuesday after Nvidia chief executive Jensen Huang singled out robotics as a focus for the chipmaker's possible investment in South Korea. The stock was trading at 157,900 won ($104.12) per share by midday Tuesday on the Korea Exchange, up 14.09 percent from the previous session. The gain came on top of a 29.95 percent surge Monday, when the stock hit its daily price ceiling. Korean exchanges cap single-day moves at 30 percent. Speaking late Monday at a dinner

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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Seoul, Washington defense chiefs strike different notes on OPCON transfer at Shangri-La

Seoul and Washington appear to be moving with different priorities in their approach to the transfer of wartime operational control in South Korea. One side eyes speed while the other stresses balance and caution. During the Shangri-La Dialogue over the weekend, Defense Minister Ahn Gyu-back stressed Seoul's push for a South Korea-led defense posture, underscoring the Lee Jae Myung administration's drive to accelerate the transfer of wartime operational control from the United States. Speaking a

KBS World (English)

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DP Chair Slams Former Conservative Presidents' Campaign Involvement

[Politics] : Ruling Democratic Party Chairman Jung Chung-rae criticized former conservative presidents for campaigning on behalf of People Power Party candidates, calling their involvement a step backward and a distortion of democratic norms. Speaking at a campaign rally in Gurye, South Jeolla Province, on Sunday, ... [more...]

KBS World (English)

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PPP Chair Urges Voters to Check Lee, Ruling Party at Ballot Box

[Politics] : With three days remaining before the June 3 local elections, main opposition People Power Party Chairman Jang Dong-hyeok urged voters on Sunday to turn out on Election Day to curb what he called the unchecked dominance of President Lee Jae Myung and the ruling Democratic Party. Speaking at a press ... [more...]

KBS World (English)

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Takaichi Pledges 'Breakthrough' on Abduction Issue

[International] : Japanese Prime Minister Sanae Takaichi has reiterated her willingness to meet with North Korean leader Kim Jong-un to resolve the issue of Japanese nationals abducted by North Korea. Speaking at a rally in Tokyo calling for the return of abductees, Takaichi said she is determined to achieve a ... [more...]

The Korea Herald

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Labor minister's calls for redistribution of chip profits stirs backlash

Labor Minister Kim Young-hoon’s call for discussions on the potential redistribution of major conglomerates’ "excess" profits has sparked controversy, after he described semiconductors as a “public good” when speaking about recent debate concerning the distribution of the profits of Samsung Electronics, South Korea’s largest company. Kim on Wednesday told reporters that there should be talks over a “Korean social solidarity wage” involving the distribution of the company’s remaining profits afte

The Korea Herald

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Minister highlights S. Korea's push for 'self-reliant' defense alongside stronger US alliance

South Korean Defense Minister Ahn Gyu-back on Saturday highlighted Seoul's drive to strengthen its own defense capabilities while deepening its alliance with the United States, amid evolving North Korean threats and uncertainties from Middle East tensions. Speaking at a defense forum in Singapore, Ahn said the North's closer alignment with Russia and its growing combat experience from the war in Ukraine pose a new threat to security not only on the Korean Peninsula but also in the Indo-Pacific.

KBS World (English)

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Hegseth: China Should Not Impose Hegemony, Hold Security of US, Allies in Question

[International] : U.S. Secretary of War Pete Hegseth said states, including China, should not impose their hegemony and hold the security or prosperity of the U.S. and allies in question. Speaking at IISS Shangri-La Dialogue in Singapore on Saturday, Hegseth said there is "rightful alarm" in the Asia-Pacific region ... [more...]

뉴스

타임라인 키워드

New Assembly speaker elected; 14 new lawmakers make Assembly debut

Cho Jeong-sik Elected New National Assembly Speaker

Nvidia CEO touches down in Seoul with 'surprises' for Korea

Hongdae buzzes ahead of Jensen Huang's PC bang, pork belly stops

Korea Investment bets on Coinone for digital asset push

From ETFs to AI: Park Hyeon-joo maps Mirae Asset's future

PPP’s Oh Calls Seoul Citizens Real Winners in the June 3 Election

AI creators, tech leaders gather in San Francisco for Upscale Conf

SK chief looks beyond chips to AI factories

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

[Graphic News] S. Korea TOEIC ranking rises to 5th in Asia

Doosan Robotics extends rally on Huang's Korea robotics push

Senegal president names government, excluding rival's party

Seoul, Washington defense chiefs strike different notes on OPCON transfer at Shangri-La

DP Chair Slams Former Conservative Presidents' Campaign Involvement

PPP Chair Urges Voters to Check Lee, Ruling Party at Ballot Box

Takaichi Pledges 'Breakthrough' on Abduction Issue

Labor minister's calls for redistribution of chip profits stirs backlash

Minister highlights S. Korea's push for 'self-reliant' defense alongside stronger US alliance

Hegseth: China Should Not Impose Hegemony, Hold Security of US, Allies in Question