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Friday, May 2, 2025

KOREA

South Korean man arrested for illegally supplying fuel to North Korea

The Coast Guard has arrested a man on charges of illegally providing fuel to North Korea via a Chinese vessel, officials said Monday. The oil...

Austin reaffirms U.S. commitment, suggests more F-35 visits

U.S. Defense Secretary Lloyd Austin confirmed that deterrence assets such as F-22 and F-35 fighter jets will continue to be deployed to South Korea...

Stocks fall as investors take cover before Fed rate meeting

Shares ended lower Tuesday, tracking falls on Wall Street, as investors stay cautious ahead of the Federal Reserve's rate decision this week. The won...

Pentagon chief arrives in South Korea for talks on deterrence against North Korea

U.S. Defense Secretary Lloyd Austin arrived in Seoul on Monday for talks with his South Korean counterpart over deterrence against North Korean nuclear and...

NATO chief encourages Korea to ‘step-up’ support for Ukraine

North Atlantic Treaty Organization (NATO) Secretary General Jens Stoltenberg has invited President Yoon Suk Yeol to the alliance's summit in Lithuania in July during...

Seoul stocks open higher on U.S. advances

Seoul stocks opened slightly higher Friday, tracking overnight gains on Wall Street. The benchmark Kospi rose 0.75 points, or 0.03 percent, to 2,469.4 in the...

Hyundai Mobis reports record revenue in 2022, lower-than-expected net profit

Hyundai Mobis reported lower-than-expected net profit in 2022, impacted by the rising raw material costs. The auto parts maker logged a net profit of 2.5...

U.S. Secretary of Defense Lloyd Austin to visit Korea, Philippines

U.S. Secretary of Defense Lloyd Austin will visit Korea and the Philippines from Sunday to highlight regional defense partnerships, the Department of Defense announced...

Chinese commenters target any mention of Lunar New Year

https://www.youtube.com/watch?v=psOrYXQTxNE . Lunar New Year or Chinese New Year?K-pop stars Jang Won-young of IVE and Seohyun of Girls’ Generation have been bombarded by Chinese social media...

Local tech stocks boosted by U.S. market after Lunar New Year break

Korea’s tech stocks, both big and small, received a major boost Wednesday following the Lunar New Year holiday, taking a positive cue from the...