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Saturday, October 18, 2025

KOREA

BOK’s Rhee warns against quick rate cut

Bank of Korea (BOK) Gov. Rhee Chang-yong on Friday advised the public not to expect a rate cut any time soon. “Do not place great...

Son Heung-min tapped as new face of Samsung’s Galaxy brand

Korean football star Son Heung-min has been selected as the face of Samsung Electronics’ Galaxy brand. “Samsung Electronics is delighted to work together with Son...

Korea and Poland sign MOUs on nuclear power, tech and Ukraine

Korea and Poland signed over 30 memoranda of understanding (MOUs) in areas including nuclear power plant cooperation, high-tech industries and the postwar reconstruction of...

Kim Yo-jong slams UN Security Council’s meeting on North’s ICBM launch

Kim Yo-jong, the powerful younger sister of North Korean leader Kim Jong-un, slammed the United Nations Security Council on Friday for holding a meeting...

21st World Korean Business Convention gears up to attract local businesses

With just over 90 days until the 21st World Korean Business Convention (WKBC), which will be held overseas for the first time, the WKBC...

Bank of Korea holds rate steady at 3.5 percent

The Bank of Korea kept its policy rate unchanged Thursday for the fourth consecutive time, holding it at 3.5 percent. It was a widely expected...

Korean streaming platforms face uphill battle against Netflix

“Down with Netflix!” is presumably a slogan uniting all Korean streaming platforms, but they face a harsh reality. Netflix is still ranked at the top...

Suicide among young Koreans is systemic problem, experts say

The death of K-pop idol Moonbin of boy band Astro shocked Korea and signaled that suicide among young Koreans continues to be a deep-rooted...

Yoon discusses defense cooperation, Ukraine with Polish counterpart

President Yoon Suk Yeol held a bilateral summit with Polish President Andrzej Duda in Warsaw on Thursday aimed at deepening cooperation in strategic sectors...

Strikers bring Hyundai Motor production lines to a halt

Production lines at Hyundai Motor ground to a halt on Wednesday after unionized workers launched a strike. According to the Korean Metal Workers’ Union under...