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Thursday, February 19, 2026

Korea

Hanwha Ocean signs $845M deal to build diesel submarine

Hanwha Ocean clinched a 1.1 trillion-won ($845 million) deal Friday to build a 3,600-ton submarine for the Korean Navy. The agreement, formalized with the Defense...

Korea’s efforts to promote rural cities are paying off, foreigners say

Xavier, a master's student at Ajou University, was pleasantly surprised on a recent trip to Tongyeong, South Gyeongsang, for its vibrant atmosphere. The city's bustling...

Palace vandals were also told to spray paint King Sejong statue, police find

An unidentified person who ordered two teens to vandalize Gyeongbok Palace in central Seoul also told them to spray paint the adjacent Statue of...

Samsung to build $280 million chip research center in Japan

Samsung Electronics will build a 40 billion yen ($280 million) research center in Japan, expanding the scope of its chip alliance after announcing a...

Finance Minister calls for deeper economic ties with Japan

Finance Minister Choo Kyung-ho held talks with his Japanese counterpart Thursday and asked for stronger bilateral cooperation in the financial and economic fields, his...

Yoon calls for lower bar for urban redevelopment projects

President Yoon Suk Yeol stressed the need to overhaul the eligibility criteria for redevelopment and reconstruction projects as he met with residents at a...

Only 9 EVs eligible for IRA EV tax credit up to $7,500 next year

Less than 10 electric vehicle (EV) models will qualify for the $7,500 tax credit next year due to tighter Inflation Reduction Act (IRA) rules. Beginning...

National Assembly to pass 652.7 trillion won budget proposal

The revised budget proposal for next year, approved by both the governing and opposition parties, amounts to 652. 7 trillion won ($502.6 billion), a...

B-1B bombers deployed as trilateral aerial exercise sends message to North

South Korea, the United States and Japan held a trilateral aerial exercise involving U.S. B-1B strategic bombers over the Korean Peninsula Wednesday in response...

Gyeongbok Palace vandal claims his graffiti was ‘artistic’

A 17-year-old teenager accused of vandalizing historic Gyeongbok Palace said somebody offered to pay him to spray-paint the address of illegal streaming websites on...