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.
Bilateral relations between South Korea and Russia appear to be going from bad to worse, analysts said Thursday, as Moscow threatens repercussions for Seoul if it becomes involved in the war in Ukraine.
Koreans living abroad are valuable assets to the nation's ambition of becoming a global pivotal state, according to Lee Sang-deok, commissioner of the Overseas Koreans Agency (OKA). He pledged to expand the global network of overseas Koreans to ensure their elevated status enhances the nation's capabilities.
North Korea's accusation of unlawful use of its photos by South Korean media is "groundless," the military said Friday, reiterating that it is, in fact, the North that recently used the South's photos without authorization.
The likelihood of North Korea deploying a large number of combat forces to support Russia in its war against Ukraine remains low amid mounting speculation that North Korean troops are involved in the conflict, experts said Thursday.
A new multinational monitoring body to oversee the enforcement of sanctions against North Korea has been launched, the Ministry of Foreign Affairs announced Wednesday. This development follows the dissolution of a U.N. monitoring body six months ago due to a veto from Russia.
Tensions on the Korean Peninsula have intensified sharply after North Korea ordered its artillery units near the border to be fully prepared to open fire, citing alleged threats from South Korean drone incursions, according to military officials, Monday.
North Korea's recent claim that South Korea infiltrated Pyongyang's airspace with unmanned aerial vehicles scattering anti-regime leaflets appears to be an effort to incite hostility toward the South, analysts said Sunday.
A total of 43 Korean-born adoptees who were sent overseas as children shared their challenging journeys in a recently published book titled "In Our Own Words."
North Korea announced Wednesday that it will completely sever all roads and railways linked to South Korea and strengthen its border, a move analysts view as an official confirmation of the regime's shift toward a "two-state system," framing the two Koreas as hostile nations.
A U.S. Forces Korea (USFK) serviceman was apprehended on Sept. 29 for stealing a car in southern Seoul's Gangnam District. He drove approximately 50 kilometers south, until police stopped him in Osan, Gyeonggi Province. At the time of his arrest, his blood alcohol content was at a level high enough to warrant the revocation of his driver's license.