President Yoon Suk-yeol will preside over a meeting of the National Security Council following North Korea's ballistic missile launch Wednesday, his office said. The meeting is scheduled for 7:30 a.m. North Korea fired three ballistic missiles toward the East Sea, according to South Korea's military. (Yonhap)

President Yoon Suk-yeol said Tuesday that in the process of appointing public officials, he will work to give "bold opportunities" to women, amid calls for his administration to enhance gender equality. Yoon made the remarks during his meeting with outgoing leaders of the National Assembly at his office in Seoul, according to presidential spokesperson Kang In-sun. "I will work hard to give bold...

With the shining Golden Boot in tow, Tottenham Hotspur's South Korean star Son Heung-min received a hero's welcome home on Tuesday. Son arrived at Incheon International Airport with dozens of fans celebrating his historic Premier League scoring title. In the season finale on Sunday, Son scored twice in the second half of a 5-0 win over Norwich City, finishing tied for the league lead with Moham...

Multiple Russian and Chinese warplanes entered South Korea's air defense identification zone (KADIZ) without notice on Tuesday, prompting the Air Force to scramble fighters to the scene, Seoul's Joint Chiefs of Staff (JCS) said. The JCS said that two Chinese and four Russian warplanes entered the KADIZ, but did not violate South Korea's territorial air. "Prior to their entry into the KADIZ, our...

An employee of Woori Bank and his brother were indicted on Tuesday on charges of embezzling more than 60 billion won (US$47.4 million) from one of the nation's largest commercial banks. The Seoul Central District Prosecutors Office said it indicted the brothers for embezzlement and violating the law on flight of domestic property. The employee, identified only by his surname Jeon, was also charg...

Korea will resume 136 flights on 22 international routes, including one connecting Seoul and Tokyo, starting next month, a state-run airport management company said Tuesday. The Korea Airports Corporation (KAC) said five airports -- Gimpo, Gimhae, Jeju, Daegu and Yangyang -- will reopen international routes from early June. The KAC added the resumption of an air route between Seoul's Gimpo and ...

Seoul shares ended lower on Tuesday as investors remain concerned about inflation despite US President Joe Biden's remark that US tariffs imposed on Chinese imports are being reviewed for reduction. The South Korean won fell against the US dollar. The Korea Composite Stock Price Index (KOSPI) fell 41.51 points, or 1.57 percent, to 2,605.87. Trading volume was moderate at 837.87 million shares wo...

Exports by South Korean large companies rose at the fastest pace on record in 2021 as demand for chips and autos remained robust amid the global economic recovery, data showed Tuesday. Overseas shipments by the country's 875 large exporters were valued at $415.8 billion in 2021, up 29.5 percent from the previous year, according to the data from Statistics Korea and the Korea Customs Service. It...

Almost all market watchers expect the Bank of Korea (BOK) will raise its key interest rate this week to combat inflation and align with monetary tightening in major economies, a poll showed Tuesday. According to the poll of 100 bond market experts conducted by the Korea Financial Investment Association, 94 percent said the central bank will hike the interest rate at a rate-setting meeting to be ...

CANNES -- South Korean auteur Park Chan-wook has said that his latest Cannes-competing feature "Decision to Leave" is a precocious romance that is not as intense as his previous revenge-themed works, like "Oldboy" (2003), but is one that he really wanted to make. "Decision to Leave," which premiered at the 75th Cannes Film Festival on Monday (French time) as one of the in-competition films of th...

South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co. said Tuesday it has successfully constructed a 3D-printed plastic model vessel that could help cut costs and improve productivity. Daewoo Shipbuilding said it has joined hands with U.S. 3D printer maker Ingersoll in building the 10-meter-class, twin-skeg ship made of acrylonitrile-butadiene-styrene (ABS), which will be tested in ...

Samsung Biologics Co., the biotech arm of South Korea's Samsung Group, is shutting down its joint venture with multinational pharmaceutical company AstraZeneca Plc., a company official said Tuesday, due to the suspension of the development of a biosimilar product. The move came two months after Samsung Biologics' board approved the liquidation of Archigen Biotech Ltd., a 50-50 joint venture set ...

A pair of former major leaguers plying their trade back in South Korea will be closing in on offensive milestones this week. Kim Hyun-soo of the LG Twins is six hits away from becoming the 16th player in Korea Baseball Organization (KBO) history to reach 2,000 career hits. With seven more RBIs, KT Wiz slugger Park Byung-ho will join 20 others in the 1,000-RBI club. Kim, a two-time batting champ...

The justice ministry will set up a new organization in charge of personnel vetting of civil servant candidates, officials said Tuesday, in line with President-elect Yoon Suk-yeol's pledge to abolish the office of senior presidential secretary for civil affairs. The ministry issued a public notice on its push for a partial revision of the law governing the ministry's organizational structure to e...

Paramount +, a US streaming service owned by Paramount Global, will begin its service in South Korea through local streamer Tving on June 16, Tving said Tuesday. It said the new American service will become available on its platform to all its subscribers without extra charge. South Korea will be the first Asian country where Paramount+ is serviced. The streaming service is currently available ...