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The Korea Herald

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Defense minister resigns as protests rock Bolivia

Bolivia's defense minister resigned on Tuesday after more than a month of protests demanding President Rodrigo Paz's ouster, a government source told Agence France-Presse. The departure signals a deepening political crisis that has paralyzed major cities and threatens Paz's government. Workers, farmers, miners, transport workers, and teachers are demanding measures to address the country's worst economic crisis in four decades. Paz, who was backed by US President Donald Trump, has warned that Bo

The Korea Herald

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Lee says ‘republic of unearned real estate income’ will come to an end

President Lee Jae Myung on Monday warned against tax evasion in real estate transactions, reiterating his administration’s drive to keep the market in check. “Illegal real estate speculation and tax evasion can no longer be tolerated. We must break free from this ruinous republic of unearned real estate income,” he wrote on his X account, sharing a link to a news article about real estate tax evasion. The Lee administration has stressed the need to contain the country’s real estate market from t

The Korea Herald

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US says capable of resuming war with Iran as deal remains elusive

The US warned Saturday it was "more than capable" of resuming its war with Iran after US President Donald Trump said any peace deal must adhere to his red lines, including Tehran never being able to develop nuclear weapons. The White House had signaled Trump was close to a decision on a potential deal, though Tehran denied there was a final agreement on ending the conflict. US sources had told Agence France-Presse the deal was waiting on Trump's sign-off, but he made no decision after a White Ho

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,

The Korea Herald

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Bolivia at 'breaking point,' president warns

Bolivian President Rodrigo Paz warned Wednesday that the country was at a "breaking point" after nearly a month of protests that have caused shortages of food, fuel and life-saving medicine. The US-backed Paz, who took office six months ago in the middle of the worst economic crisis in four decades, is battling a groundswell of fury over his center-right policies. The political capital La Paz has been besieged by low-income workers and members of the country's Indigenous majority calling for his

KBS World (English)

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FTC Chief Defends Coupang Founder Designation, Warns of Criminal Penalties for False Filings if Confirmed

[Economy] : Fair Trade Commission(FTC) Chair Ju Biung-ghi said the designation of Coupang Inc. founder Kim Bomsuk as the de facto controlling entity of the e-commerce giant was carried out lawfully and warned that criminal penalties could follow if submission of false designation materials is confirmed. Speaking at a ... [more...]

The Korea Herald

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Lee Jun-seok warns of legal action over fake Chinese-language election poster

Rep. Lee Jun-seok, chair of the minor conservative Reform Party, has warned of legal action against people who circulated an election poster of his party's candidate translated into Chinese. Writing on his Facebook page Tuesday, Lee said that everyone involved in the circulation of the translated image would face legal consequences. "Those who posted and circulated false claims that the Reform Party's candidate (Kim) had been spreading his poster in Chinese language after using the official elec

The Korea Herald

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Heat dome over Europe scorches UK, France, Spain

Temperatures hit record highs for May in the UK and France Monday, as forecasters warned of a prolonged period of extreme heat across Europe throughout the week. A so-called "heat dome" of warm air from northern Africa trapped under a high-pressure system over western Europe is behind the high temperatures not usually seen until high summer. Temperatures in Spain were expected to peak later this week at 38 degrees Celsius, while parts of Italy imposed restrictions on working outdoors. In the UK,

The Korea Herald

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Seoul shares open at new record high over 8,000 on hopes for US-Iran deal

South Korean stocks opened at a new record high of over 8,000 Tuesday on rising hopes for a US-Iran deal to reopen the Strait of Hormuz. The benchmark Korea Composite Stock Price Index rose 183.8 points, or 2.34 percent, to 8,031.51 as of 9:15 a.m. The index topped the 8,000-point mark for the first time since May 15. Overnight, US President Donald Trump said that peace negotiations with Iran are proceeding "nicely" but warned of fresh attacks if they fail. On optimism for a possible end of the

The Korea Herald

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Korea's 'value-up' push may pressure bank capital: Moody's

Moody's Ratings warned Tuesday that rising shareholder returns and policy-driven lending expansion could pressure Korean banks’ capital buffers, even as the country’s banking system remains broadly sound. The ratings agency said Korea’s corporate value-up campaign has lifted shareholder returns closer to global peers, while major financial groups have adopted clearer capital targets. “The value-up policy itself has positive aspects,” said Arlene Sohn, assistant vice president and analyst at Mood

뉴스

타임라인 키워드

Defense minister resigns as protests rock Bolivia

Lee says ‘republic of unearned real estate income’ will come to an end

US says capable of resuming war with Iran as deal remains elusive

Lebanon denounces Israeli campaign in south

Bolivia at 'breaking point,' president warns

FTC Chief Defends Coupang Founder Designation, Warns of Criminal Penalties for False Filings if Confirmed

Lee Jun-seok warns of legal action over fake Chinese-language election poster

Heat dome over Europe scorches UK, France, Spain

Seoul shares open at new record high over 8,000 on hopes for US-Iran deal

Korea's 'value-up' push may pressure bank capital: Moody's