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Sunday, July 13, 2025

KOREA

Korea logs $5.87 billion account surplus, second straight month in the black

Korea logged $5.87 billion in current account surplus in June, the second straight month the balance has stayed positive. The June figure was a dramatic...

Yoon says military must be able to ‘eliminate’ North Korea’s threats

The South Korean military must be able to "eliminate" the sources of threats when North Korea launches "provocations" with its nuclear weapons or missiles, President...

Korean Air suspends on-site issuance of flight award tickets and upgrades

Korean Air made an announcement on August 4, stating that it will no longer provide flight award tickets (including upgrade awards) to passengers waiting...

Green shoots for Korean economy as chip sector improves

The economy is gradually moderating as the weak chip sector has started to improve, according to a report from the state-run Korea Development Institute...

Knife attack, Covid and heat wave signal red for economy

The summer vacation season has arrived amid torrential downpours and monsoons, but domestic demand is yet to overcome recent hurdles including knife incidents, sweltering...

Records suggest dubious overseas trips prior to Jamboree

Records show that officials from related local governments and agencies traveled abroad 99 times over the past eight years purportedly to prepare for the...

Screams by BTS fans throw subway passengers into panic

Public fear in the wake of a recent spate of random knife attacks is producing victims of its own.   On Sunday night, screaming BTS fans...

Hyundai, Kia recall over 91,000 U.S. vehicles over fire risk

Hyundai Motor and Kia are recalling more than 91,000 vehicles in the U.S. due to potential fire risks. Similar recalls may be issued in Korea,...

Naver posts record profit as Webtoon nears U.S market listing

Naver posted a record-high operating profit in the April-June period due to strong profitability across commerce, fintech and content. With the announcement of preliminary earnings,...

Increasing number of online murder threat posts spark fears

Police are investigating a series of murder threat posts posted online following a stabbing rampage in Bundang, Gyeonggi, on Thursday night. Amid the public’s rising...