The South Korean government says it is very unlikely that any country other than Iran was behind the attack on a Korean cargo ship near the Strait of Hormuz. A senior official from Seoul’s foreign ministry told reporters that they are carefully reviewing intelligence supplied by the United States. T
South Korea’s defense chief recently met with his U. S. counterpart to talk about safer shipping lanes near Iran. Instead of sending troops right away, Seoul is thinking about smaller steps first. Possible moves include backing statements, sharing intelligence, or loaning equipment rather than boots
Chinese Vice Premier He Lifeng will head a delegation to South Korea for trade talks with U. S. counterparts on May 12‑13, the Ministry of Commerce announced. The meetings aim to build on agreements made in earlier talks and a 2023 summit in Busan, where leaders of both countries discussed key ec
South Korean authorities have begun looking into an explosion and blaze that hit a Korean‑run vessel in the waters near the Strait of Hormuz. The incident happened on Monday while the ship was anchored close to the United Arab Emirates, and it caused damage in the engine room. The crew of 24, which
South Korea’s main stock index just crossed a major milestone, closing at 6, 388 points—a record high. The jump came mostly from tech stocks, especially chipmakers, which defied worries about Middle East tensions and rising oil prices. The market’s total value now sits at over $3. 5 trillion, beatin
South Korea is taking steps to make sure hospitals never run short of basic tools like needles and syringes. Starting this week, storing large amounts of these items at once will be against the law. The decision comes after the government met with companies that make medical supplies last week. They
South Korea's currency, the won, has been on a rollercoaster ride. It's been losing value, which is odd because the country's economy is doing pretty well. Recently, U. S. Treasury Secretary Scott Bessent had a chat with South Korean Finance Minister Koo Yun-cheol. After their talk, the won bounced
South Korea is making a big change in its crypto rules. After keeping corporations out of crypto for nine years, the Financial Services Commission (FSC) is now letting them in. Big companies and professional investors can now put up to 5% of their money into digital assets. This is a huge shift from
In South Korea, a group of workers are always on the move. They are the food delivery riders. They zip through streets on their motorcycles. Their job is to bring meals to people's doors. But what about their own health? A recent study dug into this. These riders face unique health challenges. Thei
Tensions between North and South Korea have risen again. This time, it's about drones. North Korea claims that South Korea sent drones into its airspace. They say this is a big problem and that South Korea will face consequences. South Korea says it didn't do it. But this isn't the first time drones
