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The Korea Herald

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Kang takes bronze in WT Rome Grand Prix

Kang Sang-hyeon, a member of Korea's men's heavyweight national team, claimed a bronze medal in the Men's +80kg division at the first event of the 2026 World Taekwondo Grand Prix Series. The competition was held at Foro Italico in Rome, Italy. On the second day of competition, Kang demonstrated why he is regarded as a leading athlete in the heavyweight division, but narrowly missed out on a place in the final. On Saturday, Kang faced Simone Alessio (Italy) in the semifinals of the Men's +80kg di

The Korea Herald

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Korean funds race for SpaceX IPO shares

Korea's investment industry is scrambling for a piece of SpaceX's blockbuster IPO, with asset managers awaiting final allocations ahead of Friday's listing while weighing whether the stock can live up to expectations. According to industry sources on Sunday, several Korean asset managers, including Korea Investment Management, participated in the institutional book-building process and are awaiting pricing night, when underwriters finalize the offering price and allocate shares. "We have to stay

The Korea Herald

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Korean won hits 17-year low on foreign outflow

The Korean won weakened sharply Friday, hitting its lowest level since the 2009 global financial crisis as sustained foreign outflows from the benchmark Kospi weighed on the currency. The won was quoted at 1,529 per dollar at the start of onshore trading Friday. It soon weakened past the 1,540 mark after the opening bell, weakening to as low as 1,549.1 per dollar and briefly flirting with the 1,550 threshold. The currency was trading at 1,544.7 per dollar as of noon. It marked the first time the

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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Former Justice Minister Choo makes history as Korea's first female governor

Veteran liberal politician and former Justice Minister Choo Mi-ae, 67, shattered another political glass ceiling, becoming South Korea's first woman elected to lead a provincial or metropolitan government after winning the Gyeonggi governorship. The Democratic Party of Korea heavyweight secured victory defeating People Power Party candidate Yang Hyang-ja in a rare contest between two female candidates. Choo won 55.04 percent of the vote, comfortably defeating Yang, who secured 39.37 percent. The

The Korea Herald

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National Assembly by-elections carry weighty implications for conservative, liberal blocs

The political fates of two major figures on the left and right of Korean politics hung in the balance in Wednesday's National Assembly by-elections, with the outcomes carrying implications for the conservative and progressive blocs alike. Of the 14 by-elections, Busan's Buk-A district and Pyeongtaek-B drew the most attention. Busan pits a former aide of President Lee Jae Myung against a former leader of the conservatives; Pyeongtaek brings a minor liberal opposition leader against established pa

The Korea Herald

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What Seoul mayorship means for Korean politics

As an exit poll projected Democratic Party of Korea candidate Chong Won-o would defeat incumbent Seoul Mayor Oh Se-hoon on Wednesday, political analysts said the race underscored Seoul Mayorship's outsized role in Korean politics. The powerful local office can serve either as a national launchpad or as a counterweight to the sitting administration. The exit poll conducted by KBS, MBC and SBS for this year's local elections showed Chong leading with 51.4 percent support, compared with 46.0 percen

The Korea Herald

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[Breaking] Ruling party heavyweight to be elected Gyeonggi governor: exit poll

Democratic Party of Korea candidate Choo Mi-ae, who has served six terms as a lawmaker in the National Assembly, is expected to win the election for governor of Gyeonggi Province, according to an exit poll on Wednesday. The survey showed Choo on course to beat People Power Party candidate Yang Hyang-ja and Reform Party candidate Cho Eung-cheon, with 60.4 percent of votes. The exit poll was run by the Korea Election Pool, a body comprising representatives of the Korean Broadcasters Association an

The Korea Herald

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At local polls, national politics weighs heavily on voters

Before the early summer heat had fully set in, residents in light clothing began lining up inside an elementary school in Seocho, southern Seoul, early Wednesday morning. Some arrived holding their family members’ hands, while others waited quietly with their arms folded. It marked the start of a long Election Day, with South Koreans casting up to seven ballots to fill local posts ranging from mayors and governors to education superintendents and local council members. Final results were expecte

The Korea Herald

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Kospi rally is real, but Korea's rerating has only begun: Shinyoung strategist

The Kospi's historic rally may have changed the way investors talk about the Korea Discount, but it has not erased the deeper valuation gap that still weighs on Korean equities, according to Kim Hak-kyun, head of research at Shinyoung Securities. "(The) Korea Discount has been fully resolved if you are talking about whether stock prices failed to rise," Kim said in an interview with The Korea Herald in Yeouido, Seoul, on Monday. "But if the term refers more precisely to how undervalued Korean co

The Korea Herald

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Seoul shares sharply down late Tue. morning on profit-taking

South Korean stocks traded lower late Tuesday morning as investors rushed to cash out market heavyweights, bucking overnight gains on Wall Street. Opening a tad higher, the benchmark Korea Composite Stock Price Index was down 188.63 points, or 2.15 percent, to 8,599.75 as of 11:20 a.m. Overnight, US stocks finished higher, with major indexes reaching fresh record highs as a rally in tech shares lifted market sentiment. US chip giant Nvidia surged more than 6 percent after CEO Jensen Huang unveil

The Korea Herald

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Air travel takes hit from record-high fuel surcharges

Korea’s air transport output fell in April by the sharpest margin since the COVID-19 pandemic, as higher fuel surcharges driven by the Middle East conflict weighed on demand for air travel, government data showed Monday. According to the Ministry of Data and Statistics’ industrial activity data, the production index for the air transport industry stood at 468.5 in April, down 13.5 percent from a month earlier. It marked the steepest monthly decline since December 2021, when the index fell 14.2 p

The Korea Herald

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Dog rescued from garbage-filled home in Jeju

A dog was rescued from a trash-filled apartment unit on Jeju Island after being left alone for an extended period, news reports said Sunday. A local animal welfare group, Hangbok, and police officers discovered the dog amid piles of garbage inside a fifth-floor residence in a low-rise apartment building, locally known as a villa, in Seogwipo on Tuesday. The dog was alone in the unit when rescuers arrived. Covered in filth and weighed down by severely matted fur, the animal was unable to walk pro

The Korea Herald

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'Filing for Love' cast teases final chapter ahead of two-episode finale

"Filing for Love," which follows the audit team of a major conglomerate as they uncover the hidden secrets lurking behind powerful corporate figures, had entered a fiercely competitive race against heavyweight dramas such as "Perfect Crown" and "My Royal Nemesis" when it premiered in April. Despite the tough competition, the series has continued to draw strong responses both domestically and internationally. According to global streamer platform Rakuten Viki, the drama has maintained the No. 1 s

The Korea Herald

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'Life is full of gratitude': Yoo Yeol on the six months that 'rebooted' his life

Yoo Yeol, a Korean singer who in 2024 received a lung transplant, said Wednesday at the Global Business Forum, organized by The Korea Herald and Herald Business, he is living life anew since his battle with a rare cancer. The 65-year-old singer was diagnosed nine years ago with pleuroparenchymal fibroelastosis, a rare progressive lung disease with no known cause or cure. By May 2024, his weight had dropped from 65 to 41 kilograms, and a bout of influenza pushed him into respiratory failure. The

The Korea Herald

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Korea Zinc weighs Australia expansion amid critical minerals push

Korea Zinc, the world’s biggest refined zinc smelter, is weighing a potential expansion of its Australian refining operation amid growing calls for a three-way critical minerals supply chain linking South Korea, the US and Australia. Political and business leaders in Townsville, North Queensland, are pushing for Korea Zinc’s Australian subsidiary Sun Metals Corporation to expand into an integrated processing facility covering copper, lead and other critical minerals, according to Australia local

The Korea Herald

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North Korea touts AI-guided tactical weapons in latest missile tests overseen by Kim

North Korea said Wednesday that leader Kim Jong-un oversaw tests of a new lightweight multipurpose missile launcher and tactical cruise missile systems, highlighting what analysts described as growing efforts to modernize Pyongyang’s tactical strike capabilities with advanced technologies, including artificial intelligence-guided targeting. The Korean Central News Agency reported that the Missile Administration and the Academy of Defence Sciences conducted the tests Tuesday as part of North Kore

KBS World (English)

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N. Korea Test-Fires Lightweight Multipurpose Missile System, Multiple Tactical Cruise Missiles

[Inter-Korea] : North Korea says it has test-fired a new lightweight multipurpose missile launching system and multiple tactical cruise missiles. The North’s state-run Korean Central News Agency(KCNA) said on Wednesday that the test-firing was conducted the previous day and that it was overseen by regime leader Kim ... [more...]

The Korea Herald

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N. Korea says it tested new multipurpose missile system under Kim's watch

North Korea has tested a newly developed lightweight multipurpose missile launching system and multiple tactical cruise missiles, state media said Wednesday, with leader Kim Jong-un overseeing the test as part of Pyongyang's ongoing weapons modernization drive. The Korean Central News Agency (KCNA) published the report a day after South Korea's military detected the launch of multiple close-range ballistic missiles (CRBMs) and artillery rockets toward the Yellow Sea from the Jongju area of North

The Korea Herald

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Giant 23 kg watermelon harvested in Changwon

The city government in Changwon, South Gyeongsang Province, said Tuesday that a 23.63-kilogram “super watermelon” was harvested at a farm in Wollim Village in Uichang-gu. The watermelon is more than twice the size of a typical watermelon sold in stores, which typically weigh between 5 and 10 kilograms. The grower, Yoon Jeong-won, who also serves as head of the village, donated the watermelon to the Daesan-myeon Administrative Welfare Center, saying he hoped it would help promote the quality of w

뉴스

타임라인 키워드

Kang takes bronze in WT Rome Grand Prix

Korean funds race for SpaceX IPO shares

Korean won hits 17-year low on foreign outflow

KRX issues sell-side sidecar for KOSPI on sharp fall

Former Justice Minister Choo makes history as Korea's first female governor

National Assembly by-elections carry weighty implications for conservative, liberal blocs

What Seoul mayorship means for Korean politics

[Breaking] Ruling party heavyweight to be elected Gyeonggi governor: exit poll

At local polls, national politics weighs heavily on voters

Kospi rally is real, but Korea's rerating has only begun: Shinyoung strategist

Seoul shares sharply down late Tue. morning on profit-taking

Air travel takes hit from record-high fuel surcharges

Dog rescued from garbage-filled home in Jeju

'Filing for Love' cast teases final chapter ahead of two-episode finale

'Life is full of gratitude': Yoo Yeol on the six months that 'rebooted' his life

Korea Zinc weighs Australia expansion amid critical minerals push

North Korea touts AI-guided tactical weapons in latest missile tests overseen by Kim

N. Korea Test-Fires Lightweight Multipurpose Missile System, Multiple Tactical Cruise Missiles

N. Korea says it tested new multipurpose missile system under Kim's watch

Giant 23 kg watermelon harvested in Changwon