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Lee Hyo-jin

Korea Times Finance Reporter

Lee Hyo-jin covers the Bank of Korea, the banking industry and broader financial news. Her previous beats include foreign affairs, North Korea and general reporting on Korean society.

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Law & Crime

South Korean government blamed for human rights abuses in overseas adoptions

The Truth and Reconciliation Commission (TRC) on Wednesday found that past Korean governments were responsible for human rights violations in overseas adoptions from the 1960s to the 1990s, pointing to falsified records and inadequate supervision. This marks the first official acknowledgment by the Korean government of the irregularities in the nation’s previous overseas adoption system — issues that hundreds of adoptees have been raising in recent years. Following a yearslong probe, the TRC concluded that legislative gaps, inadequate government oversight and administrative failures led to widespread misconduct. "For nearly 50 years following the Korean War, the government prioritized intercountry adoption as a cost-effective alternative to strengthening domestic child welfare policies. By giving full authority over adoption procedures to private agencies without proper oversight, the government failed in its duty to protect children’s rights," the commission said in the report. "The lack of oversight made it difficult to regulate misconduct by adoption agencies, ultimately resulti

Mar 26, 2025By Lee Hyo-jin
South Korean government blamed for human rights abuses in overseas adoptions
Foreign Affairs

Acting president returns, eyes talks with Trump to restart summit diplomacy

Acting President Han Duck-soo is back in office with critical tasks ahead, one of which is engaging with U.S. President Donald Trump to revive the stalled summit-level diplomacy between the allies, which has been on hold for months. Han, who was reinstated by the Constitutional Court on Monday after being suspended for 87 days due to impeachment, will continue serving as the acting leader while President Yoon Suk Yeol remains suspended from duty since Dec. 14. Former acting President Choi Sang-mok has now reverted to his role as finance minister and deputy prime minister. A seasoned technocrat with extensive experience in economic and diplomatic affairs, Han previously served as Korea’s ambassador to the U.S. and has played a key role in trade negotiations between the two countries. A direct phone call with Trump, which Choi had sought since Trump’s inauguration on Jan. 21 but failed to secure, is expected to be Han’s top priority as he works to alleviate growing concerns over Korea being sidelined in U.S. diplomatic engagements. The current gap in summit diplomacy is more evident

Mar 25, 2025By Lee Hyo-jin
Acting president returns, eyes talks with Trump to restart summit diplomacy
Defense

Seoul wary of Trump’s US Forces Japan budget cuts impacting USFK

The Donald Trump administration’s reported decision to scrap a planned buildup of American forces in Japan has left Seoul concerned about the potential implications for U.S. Forces Korea (USFK). Analysts said Friday that while an immediate impact on USFK is unlikely, Trump’s stance of cutting defense expenditures and pressuring allies to do more could complicate future negotiations with Korea over the stationing of 28,500 U.S. troops. According to CNN, the Pentagon is considering substantial budget cuts, including consolidating combatant commands, scaling back education programs for the joint force and halting the expansion of U.S. Forces Japan (USFJ). The suspension of this expansion is expected to save approximately $1.18 billion, reports said. These reports, if true, would mark a significant U-turn of U.S. pledges on alliance integration with Japan and could have an impact on neighboring Korea as well. But Chun In-bum, a former Korean Army lieutenant general and ex-commander of the Special Warfare Command, said an immediate impact on American troops in Korea is unlikely. He said th

Mar 21, 2025By Lee Hyo-jin
Seoul wary of Trump’s US Forces Japan budget cuts impacting USFK
Foreign Affairs

S. Korea, US show divergence on 'sensitive country' label

The Korean and U.S. governments have shown differing views on Washington's decision to designate Seoul as a "sensitive country" in the energy sector.

Mar 19, 2025By Lee Hyo-jin
S. Korea, US show divergence on 'sensitive country' label
Foreign Affairs

South Korean government goes all out to overturn US 'sensitive country' designation

The Korean government is scrambling to get an exclusion from the U.S.’ “sensitive country” list in the energy sector, as the designation not only could weaken bilateral ties in the sector but also showed a lack of diplomatic coordination between the allies.

Mar 18, 2025By Lee Hyo-jin
South Korean government goes all out to overturn US 'sensitive country' designation
Politics

Yoon urged to promise to accept impeachment ruling

With the Constitutional Court expected to rule on President Yoon Suk Yeol's impeachment as early as this week, the suspended leader is facing growing calls to make a public pledge that he will accept the verdict — regardless of the outcome — to prevent potential unrest by those who call for or oppose his ouster.

Mar 17, 2025By Lee Hyo-jin
Yoon urged to promise to accept impeachment ruling
Foreign Affairs

S. Korea faces diplomatic test as it tries to reverse US 'sensitive country' designation

South Korea faces a critical diplomatic challenge as it seeks to overturn the U.S. government’s decision to designate it as a "sensitive country" in the energy sector, a move that analysts warn could strain bilateral ties.

Mar 16, 2025By Lee Hyo-jin
S. Korea faces diplomatic test as it tries to reverse US 'sensitive country' designation
Society

North Korean defectors to fill bus driver roles amid Seoul's worker shortage

North Korean defectors in Seoul will receive training to become shuttle bus drivers as part of a new city initiative to address a chronic driver shortage, the Seoul Metropolitan Government announced Thursday.

Mar 13, 2025By Lee Hyo-jin
North Korean defectors to fill bus driver roles amid Seoul's worker shortage
Foreign Affairs

INTERVIEW Afghan women struggle yet remain resilient under Taliban rule

Since the Taliban seized power in August 2021, Afghanistan has become the epicenter of one of the world’s most severe women’s rights crises. Nearly four years on, the situation has only worsened.

Mar 12, 2025By Lee Hyo-jin
[INTERVIEW] Afghan women struggle yet remain resilient under Taliban rule
Foreign Affairs

US move to list South Korea as 'sensitive country' seen as warning on nuclear ambitions: experts

The U.S. government's recent move to designate Korea as a "sensitive country" in the energy sector is seen as a subtle warning amid growing calls within Korea to develop its own nuclear arsenal, analysts said, Tuesday.

Mar 11, 2025By Lee Hyo-jin
US move to list South Korea as 'sensitive country' seen as warning on nuclear ambitions: experts
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CEO & Publisher: Oh Young-jinDigital News Email: webmaster@koreatimes.co.krTel: 02-724-2114Online newspaper registration No: 서울,아52844Date of registration: 2020.02.05Masthead: The Korea TimesCopyright © koreatimes.co.kr. All rights reserved.