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.
The fallout from South Korean President Yoon Suk Yeol’s martial law debacle is spilling over to the country's foreign relations, jeopardizing the president’s goal of turning the country into a “global pivotal state,” diplomatic analysts said, Thursday.
President Yoon Suk Yeol's abrupt declaration of emergency martial law — swiftly overturned by the National Assembly early Wednesday — appears to have put South Korea's decades-old alliance with the United States to the test.
South Korea’s news media and publications have been placed under martial law following the enactment of emergency measures at 11 p.m., Tuesday.
The South Korean military is moving to procure cardboard drones as part of its efforts to bolster its drone capabilities in response to North Korean threats, the Ministry of National Defense said Tuesday.
SHANGHAI — NIO, the Chinese electric vehicle maker founded in 2014, has established its presence in one of Shanghai's most iconic locations: the nation's tallest skyscraper and the world’s second-tallest building.
SHANGHAI — Korean chipmakers have been disadvantaged by U.S. sanctions, which prohibit them from cooperating with Huawei, according to an official at the Chinese telecom giant. The official also expressed the company’s willingness to resume business with Korean firms.
BEIJING — China will respond accordingly to trade policies targeting Beijing that might be introduced by the incoming Donald Trump administration, according to Qu Weixi, vice president of the Chinese Academy of International Trade and Economic Cooperation (CAITEC), a think tank under China’s Ministry of Commerce.
Korean officials skipped Japan's memorial service held near the Sado mine site, Sunday, in an apparent protest against Tokyo’s "insincerity" in addressing the dark history related to the site, where approximately 1,500 Koreans were subjected to forced labor during Japan’s 1910-45 colonial rule.
North Korean leader Kim Jong-un may visit Russia early next year, analysts suggest, as the ongoing conflict in Ukraine has solidified the "blood alliance" between the two nations.
South Korea is facing an increasingly complex dilemma over whether to provide military aid to Ukraine, caught between the diverging stances of U.S. President Joe Biden and President-elect Donald Trump, according to analysts, Wednesday.