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Korean government boosts budget for Ukrainian reconstruction

The Korean government will increase the budget for Ukrainian reconstruction support in the upcoming year, along with a boost to the overall Official Development...

Boeing discusses development of plane with Korean government

A Boeing executive discussed possible joint aircraft development with the Korean government in Seoul, Thursday. Mike Sinnett, vice president and general manager of product development...

U.S. targets two individuals, three companies in new North Korea sanctions

An F.B.I. wanted poster of Kwek Kee Seng, who is accused of being involved in illicit ship-to-ship transfers of petroleum products to North...

Time to play hardball with U.S. on chips and cars, Yang says

Korea failed to negotiate effectively with the United States on chips and cars, and the country's diplomats and legislators are to blame, one lawmaker...

Google and Meta hit with huge fines for violating privacy in Korea

Google and Meta Platforms have been fined a total of 100 billion won ($72 million) for violating a privacy law. Unhappy with the decision, the...

S. Korea, U.S. to discuss ‘concrete’ deterrence steps against N. Korea’s threats: official

South Korea and the United States will discuss "concrete" steps to sharpen deterrence against North Korea's evolving military threats during their high-level security talks...

U.S. stands ready for talks with Korea on EV tax credits

The United States stands ready to engage in serious consultations with Korea on concerns over the Inflation Reduction Act (IRA) that Seoul believes would...

Korean government ordered to pay Lone Star $216.5 million

An international tribunal has ordered the Korean government to pay U.S. private equity firm Lone Star Funds $216.5 million in compensation. The International Centre for...

Most Koreans split over Japan’s legal liability

Koreans are generally divided on whether they believe the Japanese government has acknowledged legal responsibility for sexually enslaving thousands of young women and girls...

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