Most Popular
-
1
N. Korea says it test-fired tactical ballistic missile with new guidance technology
-
2
[Weekender] Geeks have never been so chic in Korea
-
3
NewJeans members submit petitions over court injunction in Hybe-Ador conflict
-
4
S. Korea's exports of instant noodles surpass $100m for 1st time in April: data
-
5
[News Focus] Mystery deepens after hundreds of cat deaths in S. Korea
-
6
[Herald Interview] Byun Yo-han's 'unlikable' character is result of calculated acting
-
7
US Air Force blames power loss, weather for F-16 crash in S. Korea in May 2023
-
8
Samsung expected to introduce new Exynos processor in next Galaxy series
-
9
Ex-president Moon recalls in memoir NK leader voiced will not to use nukes
-
10
Yoon vows to advance freedom, welfare to uphold spirit of 1980 pro-democracy uprising
-
S. Korea, Indonesia agree to sign won-rupiah currency swap deal
South Korea and Indonesia have agreed to sign a won-rupiah currency swap deal worth $10 billion, a move aimed at strengthening financial cooperation between the two countries, the finance ministry here said Sunday.The agreement was made between South Korea's Finance Minister Hyun Oh-seok and his Indonesian counterpart during a meeting in Washington on Saturday. Hyun is there to attend the annual meetings of the International Monetary Fund and the World Bank. "The currency swap line is aimed at b
Oct. 13, 2013
-
Park champions free trade, woos Southeast Asia in latest overseas trip
JAKARTA -- South Korean President Park Geun-hye focused on championing free trade and forging closer economic and other bonds with Southeast Asia as she stepped up her "sales diplomacy" drive during a trip to Indonesia and Brunei.Free trade was the No. 1 theme running through Park's weeklong trip that took her to Indonesia's resort island of Bali for an Asia-Pacific Economic Cooperation (APEC) meeting, then to Brunei for a series of summits led by the Association of Southeast Asian Nations (ASEA
Oct. 13, 2013
-
Park pushes Indonesia partnership
JAKARTA ― President Park Geun-hye on Friday called for an early conclusion of a comprehensive economic partnership agreement with Indonesia, stressing the need for an institutional framework to buttress the two countries’ pursuit of co-prosperity.Speaking at a Korea-Indonesia business investment forum here, Park also said the two countries should deepen and widen the scope of their trade across all sectors for the shared goal of increasing trade volume to $100 billion by 2020.“The CEPA between t
Oct. 11, 2013
-
Park arrives in Indonesia for 'sales diplomacy' visit
JAKARTA -- South Korean President Park Geun-hye arrived in Indonesia's capital on Thursday for a three-day state visit aimed mainly at boosting economic cooperation with the world's fourth-populous nation rich in energy and resources.Jakarta is the last stop of Park's weeklong trip to Southeast Asia that earlier took her to Indonesia's resort island of Bali for a meeting of the Asia-Pacific Economic Cooperation forum and then to Brunei for a series of regional summits led by the Association of S
Oct. 10, 2013
-
Park, Kerry discuss N.K. restarting of nuke reactor
BANDAR SERI BEGAWAN ― President Park Geun-hye met U.S. Secretary of State John Kerry to discuss nuclear threats from North Korea, and other regional and global issues on the sidelines of regional forums in Brunei on Thursday.Their meeting came two days after Seoul’s National Intelligence Service reported that Pyongyang had reactivated a nuclear reactor in its main Yongbyon complex, which is capable of yielding enough plutonium to build one nuclear bomb a year.Kerry came here to attend the East A
Oct. 10, 2013
-
[Newsmaker] New Fed nominee advocates low interest rates
The White House has nominated Janet Yellen as the first woman to head the United States Federal Reserve, arguably the most important job in global finance. But the decision will likely face stiff opposition by extreme conservatives in the U.S. Senate.If she is confirmed by the Senate, President Barack Obama will make history by tapping the first woman to head the American central bank in its 100-year history. That will surely make Senate Republicans even angrier.Current Fed Chairman Ben Bernanke
Oct. 10, 2013
-
Park secures ASEAN support for her regional peace initiative
BANDAR SERI BEGAWAN ― President Park Geun-hye on Thursday secured support from the 10-member Association of Southeast Asian Nations for her initiative to build trust and peace in Northeast Asia.During an “ASEAN Plus Three” summit that includes South Korea, China and Japan, Park said her initiative and existing confidence-building mechanisms in Southeast Asia would create a synergic effort for the region’s pursuit of an East Asian community.Since her inauguration in February, Park has promoted he
Oct. 10, 2013
-
Candidates register for by-elections
Candidates for the Oct. 30 parliamentary by-elections began registering with the National Election Commission on Thursday. The elections will be held in two constituencies in Hwaseong, Gyeonggi Province and Pohang in North Gyeongsang Province.Representing the ruling Saenuri Party, former party head Suh Chung-won and former public administration minister Park Myung-jae are running in Hwaseong and Pohang, respectively.After failing to convince former party chief Sohn Hak-kyu to run against Suh, th
Oct. 10, 2013
-
Korea to open global election watchdog body
Korea will establish the world’s first international association of election watchdogs in Incheon on Oct. 14, the National Election Commission of Korea said Thursday. The Association of World Election Bodies, or A-WED, will work to expand international programs for election observation and support recently democratized nations in establishing election systems. The association’s members include 109 election regulators from 105 nations, 13 international bodies and 40 non-governmental organizations
Oct. 10, 2013
-
Video evidence claims fly as Roh aide questioned
The prosecution summoned the former records secretary during the Roh Moo-hyun administration as part of its probe into the 2007 inter-Korean summit transcript, as new allegations emerged of the existence of a video of the former president ordering the deletion of the transcript.Seoul Central District Prosecutors’ Office summoned Kim Jeong-ho on Thursday as a witness who served as the last records secretary under Roh and was involved in the transfer of presidential archives to the National Archiv
Oct. 10, 2013
-
BOK freezes key rate for 5th straight month for Oct.
South Korea's central bank froze the key interest rate for the fifth straight month on Thursday amid downside risks from a partial U.S. government shutdown and a potential U.S. debt crisis.Bank of Korea (BOK) Gov. Kim Choong-soo and his six fellow policymakers held steady the benchmark seven-day repo rate, dubbed the base rate, at 2.5 percent, as widely expected."The global economy is expected to sustain a moderate recovery, but the heightening uncertainties surrounding the U.S. government's bud
Oct. 10, 2013
-
Park bolsters ties with ASEAN
BANDAR SERI BEGAWAN ― President Park Geun-hye on Wednesday stepped up her diplomatic push to deepen economic and security cooperation with the 10-member Association of Southeast Asian Nations.During their summit, Park and ASEAN leaders agreed to set up a bilateral assistant ministerial-level security dialogue and hold its inaugural gathering next year as part of efforts to enhance their cooperation on a wider range of regional and global issues.In the economic realm, the two sides agreed to hold
Oct. 9, 2013
-
Park to hold economy-focused summit with ASEAN
South Korean President Park Geun-hye was to hold a summit with Southeast Asian leaders Wednesday that is expected to focus on bolstering economic ties with an increasingly important region of vibrant economies with high growth potential.Park arrived in Brunei on Tuesday for a trio of annual meetings: a summit with the 10-member Association of Southeast Asian Nations (ASEAN); a meeting between ASEAN and its three Northeast Asian dialogue partners -- South Korea, China and Japan; and a meeting of
Oct. 9, 2013
-
[Photo News] Korean War veterans
Korean War veterans from seven countries including Australia and Turkey visit the Seoul National Cemetery on Tuesday. (Ahn Hoon/The Korea Herald)
Oct. 8, 2013
-
Park to boost ties with ASEAN
BANDAR SERI BEGAWAN, Brunei ― President Park Geun-hye arrived in Brunei Tuesday for multilateral forums with the 10-member Association of Southeast Asian Nations and other regional partners, after her three-day visit to Indonesia focusing on freer trade and investment.On Wednesday, Park will hold a summit with ASEAN to explore ways to further strengthen the bilateral economic partnership. ASEAN is South Korea’s second-largest trade partner, largest investment destination and second largest marke
Oct. 8, 2013
-
Park retains cautious stance on U.S.-led Pacific trade pact
BALI, Indonesia ― President Park Geun-hye remained cautious on Seoul’s position on the Trans-Pacific Partnership, a U.S.-led push to create a free trade bloc linking Pacific-rim states.She did not express Seoul’s interest in joining the trade bloc during her attendance at the two-day Asia-Pacific Economic Cooperation summit in Bali, Indonesia.Her economic aide said Seoul would take more time to build public consensus over the TPP issue and strive to further ongoing talks over envisioned free tra
Oct. 8, 2013
-
DP’s by-election drive loses steam
Rival parties have started preparation for the Oct. 30 by-election but the race is feared to have already lost some tension as the main opposition Democratic Party failed to field a strong rival against the ruling Saenuri Party’s political heavyweight.The number of vacant constituencies up for grabs was reduced to two from around nine as previously anticipated due to pending court decisions on some of the indicted lawmakers. Independent Rep. Ahn Cheol-soo, a potentially threatening force for the
Oct. 8, 2013
-
APEC leaders to push free trade
BALI, Indonesia –- The leaders of 21 Asia-Pacific countries on Tuesday agreed to extend their “standstill commitment” against protectionism until the end of 2016, while reaffirming their pledge to roll back trade-distorting factors.In a joint declaration, they also reaffirmed that they will push for a comprehensive, high-level regional free-trade bloc called “Free Trade Area of the Asia-Pacific.”“We will continue our collective commitment to strengthening and deepening regional economic integrat
Oct. 8, 2013
-
Prosecutors question Roh’s aides on records
Prosecutors on Monday summoned former presidential records secretary Im Sang-kyeong in their stepped-up probe into the suspected deletion and failed handover of the transcript of the 2007 inter-Korean summit.Seoul Central District Prosecutors’ Office was expected to focus questioning on the events that led to the deletion of the records from Cheong Wa Dae’s e-Jiwon database system, and the reason for the data not having been transferred to the National Archives.Im was the first of some 30 aides
Oct. 7, 2013
-
[Graphic News] Arms procurement budget scaled down
The government’s budget plans submitted to the National Assembly on Sunday showed large cuts from the Defense Ministry’s original request in key arms procurement projects, despite North Korea’s growing nuclear and missile threats.
Oct. 7, 2013