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Sunday, August 10, 2025

KOREA

Chinese e-commerce giants overtake U.S. in Korea’s online shopping market

China has clinched the top spot in Korea's overseas direct purchasing market, toppling the United States for the first time since 2014. This surge...

Korea bars 40 universities from admitting international students

  The Ministry of Education is restricting 40 universities from admitting international students to select programs in a one-year ban. A total of 20 universities will...

Indonesian engineers may have stolen key fighter jet technologies

An investigation is in full swing after the recent revelation that Indonesian engineers dispatched to Korea Aerospace Industries (KAI) for joint development of the...

Samsung chip factory in Taylor to receive occupants ‘no later than July 1’

Samsung Electronics' chip factory in Taylor, Texas, will begin operating by July this year, according to a court session in Williamson County, where the...

North abolishes laws on inter-Korean economic cooperation

North Korea abolished laws on inter-Korean economic cooperation at a plenary session of the Supreme People’s Assembly, reported its state media on Thursday. The Korean...

LG Chem inks $19 billion EV battery materials deal with GM

  LG Chem has inked a 25 trillion won ($19 billion) deal with General Motors (GM) for EV battery materials. The Korean company said Wednesday the...

Russian envoy warns North may conduct seventh nuke test, blames U.S.

  Russia's top envoy to Pyongyang said that North Korea may decide to conduct a seventh nuclear test if the United States continues taking "provocative...

Yoon says first lady’s receiving of a luxury handbag is ‘regrettable,’ stops short of apology

President Yoon Suk Yeol said that it is "regrettable" that first lady Kim Keon Hee was not able to fend off the situation that...

Gov’t looks to end ‘Korea Discount’ with foreign exchange overhaul

The Finance Ministry will facilitate foreign exchange transactions for overseas investors, a move in line with the government’s latest initiative to lure foreign investors...

Foreign ministers of Korea and China call for the first time, agree to boost trade

Foreign Minister Cho Tae-yul spoke with Chinese Foreign Minister Wang Yi over a call on Tuesday, marking the first time the duo spoke since...