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President Lee Jae Myung on Monday said South Korea cannot abandon the goal of denuclearizing the Korean Peninsula, but that a phased approach is needed. Saying that the endeavor should begin with immediate efforts to halt North Korea’s further production of nuclear materials, Lee ruled out Seoul’s own nuclear armament as a realistic option. Lee made the remarks during a press conference marking the first anniversary of his inauguration, in response to a question about concerns that Chinese Presi

The Korea Herald

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Lee highlights growth-focused use of chip tax windfall

President Lee Jae Myung on Monday said excess tax revenue from the semiconductor boom should be used for long-term investments to boost growth, while taking a cautious stance on calls for companies to share excess profits with workers. The remarks came during a press conference marking the first anniversary of his inauguration at Cheong Wa Dae in Seoul. Lee said excess tax revenue could fluctuate depending on economic conditions and should therefore be used for future generations and to strength

The Korea Herald

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Xi calls for multipolarity, inclusive globalization ahead of Pyongyang visit

Chinese leader Xi Jinping called for a multipolar world and inclusive economic globalization in an op-ed published Monday in North Korea's Rodong Sinmun ahead of his state visit to Pyongyang. Xi said ties between the two countries should continue to develop amid turbulent and complex global conditions in the piece carried on the front page of the daily, the official newspaper of the ruling Workers' Party of Korea. He also called for closer strategic communication and joint efforts to safeguard t

The Korea Herald

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President Lee calls joint Korean War remains repatriation 'testament' to S. Korea-U.S. alliance

President Lee Jae Myung on Friday called joint efforts by South Korea and the United States to recover and return the remains of troops killed during the 1950-53 Korean War the "most powerful testament" to the alliance. Lee made the remarks during a joint repatriation ceremony for the return of the remains of 10 fallen South Korean service members from Hawaii to Korea and the repatriation of those of three U.S. soldiers back home. "Today's repatriation marks a meaningful milestone that further d

The Korea Herald

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People Power Party faces post-election tension as pressure mounts on Jang

South Korea's main opposition People Power Party is facing mounting internal pressure for leadership change after Wednesday's local elections, as calls grow for Chair Rep. Jang Dong-hyeok to take responsibility despite the party avoiding its worst-case scenario. The People Power Party retained four of the 16 mayoral and gubernatorial races, including Seoul, Daegu, North Gyeongsang Province and South Gyeongsang Province. The result allowed the party to avoid a total rout, but it did little to eas

The Korea Herald

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Lee Jun-seok calls for National Assembly probe into ballot shortages

Rep. Lee Jun-seok, chair of the minor conservative Reform Party, on Friday called for a parliamentary investigation into ballot shortages reported during Wednesday's local elections. Lee urged both the ruling Democratic Party of Korea and the main opposition People Power Party to take a clear position on the issue, including the possibility of holding reelections. In a Facebook post, Lee said the ruling party should immediately accept a National Assembly probe, while the People Power Party shoul

The Korea Herald

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NK leader inspects new material plant, calls for rapid expansion of arsenal

North Korean leader Kim Jong-un inspected a newly opened nuclear material production facility and called for a faster expansion of the country’s nuclear arsenal, state media said Thursday. The move appeared to be the latest indication of Pyongyang's intention to press ahead with its weapons program despite international pressure. The Korean Central News Agency said Kim visited the facility on Wednesday, accompanied by senior officials from the ruling Workers’ Party’s munitions industry departmen

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Trade minister calls for protection of balance of profits secured through S. Korea-US tariff deal in meeting with USTR

South Korean Trade Minister Yeo Han-koo has urged the United States to resolve pending trade issues between the two countries, including the latter's recent announcement of the results of the Section 301 probe into imports related to forced labor, within the boundaries of the bilateral tariff agreement finalized last year, Yeo's office said Thursday. Yeo held a meeting with US Trade Representative Jamieson Greer on the sidelines of the OECD Ministerial Council Meeting held in Paris on Wednesday,

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PM calls for expanding communication with newly elected heads of local governments

Prime Minister Kim Min-seok asked the government Thursday to expand communication and work closely with newly elected heads of local governments in order to deliver policy promises and produce tangible results after the ruling Democratic Party won a resounding victory in Wednesday's elections. Kim made the remark during an economic policy meeting as the DP was projected to win as many as 12 of the 16 metropolitan mayoral and gubernatorial posts at stake in the local elections, according to ballo

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스포츠

Eric Thames happy to be back in 'second home'

You can take Eric Thames out of South Korea, but you cannot take South Korea out of the former slugger. Thames, the 2015 MVP for the NC Dinos in the Korea Baseball Organization, is back in a country he calls "my second home" this week. On Monday, he helped launch MLB Breakfast Club, a new big league initiative targeting MLB fans in South Korea watching big league action in the morning, thanks to the time difference. Thames was one of three former players with dual MLB and KBO ties, joined by Sou

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Woori Bank bets on SME succession as new growth pillar

Woori Bank is pushing into corporate succession for small and medium-sized companies as a new banking frontier, casting it as an economic issue tied to jobs, technology and supply chain stability as Korea's first-generation founders age without clear successors. At a press conference Monday in Seoul, CEO Jung Jin-wan said the bank would support what it calls "productive corporate succession" to prevent viable companies from closing or downsizing. "Corporate succession is not just a priority for

The Korea Herald

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Chip boom sparks debate over tax windfall, profit sharing

South Korea is facing a growing debate over how to use an unprecedented windfall from the semiconductor boom, as surging chip profits feed into tax revenue, employee bonuses and broader calls for redistribution. The immediate focus is on how the government should handle the expected tax increase — whether to use it for fiscal spending, save it as a buffer or invest it for future generations. At the same time, it is also opening the door to a broader question over how the benefits of the chip sup

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

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Korea’s suicide fix starts with answering calls

"If you’re thinking about self-harm or suicide, contact the Ministry of Health and Welfare’s helpline at 109, available 24 hours a day, 7 days a week. Please request a translator for English-language services." In Korea, news articles about suicide often end with this public service notice directing readers in crisis to call 109, the government’s 24-hour suicide prevention hotline. But the hotline answered fewer than half of its daily calls in the first quarter of 2026, even as the country conti

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Hegseth calls for 'balanced' OPCON transfer where US military roles are 'honored'

US Defense Secretary Pete Hegseth on Saturday called for finding a "balance" in the transfer of wartime operational control (OPCON) to South Korea in a way that respects the roles the US military has played for decades. Hegseth made the remarks at a defense forum in Singapore amid growing concerns over what appears to be differing views between Seoul and Washington over when and how the transition should proceed. "I think we have to find the balance of where our military plans and the responsibi

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Outgoing Speaker calls for stronger parliamentary diplomacy

Rep. Woo Won-shik, speaker of the National Assembly whose two-year term is set to end Friday, called for consolidating lawmakers’ fragmented diplomatic activities to strengthen the parliament’s diplomatic capabilities. Stressing the South Korean parliament’s role in the country’s soft diplomacy, the five-term lawmaker said wat a press conference Thursday that there was greater room for the National Assembly to help augment state diplomacy. "If (the parliament) manages to build trust with key fig

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N. Korea rejects Quad call for denuclearization, says nuclear program will never end

North Korea on Thursday condemned the Quad grouping as a tool for US-led “unipolar domination,” rejecting calls for its denuclearization and insisting it would “never” abandon its nuclear weapons program. The remarks came after the foreign ministers of the Quad — comprising the United States, Japan, Australia and India — reiterated their commitment to the “complete denuclearization of North Korea” during talks held Tuesday in New Delhi. Pyongyang responded sharply, accusing the Quad of pursuing

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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

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Tajikistan calls for stronger global cooperation on water security

Tajikistan called Tuesday for stronger international cooperation on water security, warning that climate change and rising global demand are deepening water-related challenges around the world. Speaking at the Fourth High-Level International Conference on the International Decade for Action: Water for Sustainable Development in Dushanbe, Tajik President Emomali Rahmon said the gathering would help “strengthen cooperation and accelerate action” on one of the world’s most pressing issues. “Water i

The Korea Herald

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Israeli Embassy denies detention, mistreatment of S. Korean activists

The Israeli Embassy in South Korea claimed Tuesday that Israeli forces had neither detained nor mistreated South Korean activists who were released last week after being captured aboard aid vessels bound for the Gaza Strip. In a statement, the embassy asserted that the two Korean citizens were not held in detention. "Upon their arrival at the port of Ashdod, the two individuals were processed immediately and deported through an expedited procedure. This further calls into question the allegation

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