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.
North Korea’s continued launch of trash-filled balloons across the border is proving to be a significant challenge for the South Korean military. Although officials are following established protocols by retrieving the debris after it lands, there are growing demands to take stronger measures to stop these balloon incursions due to escalating concerns about public safety.
Korea will contribute 1.52 trillion won ($1.13 billion) toward the cost of stationing U.S. troops in the country in 2026, reflecting an 8.3 percent increase from 2025, the Ministry of Foreign Affairs said Friday.
South Korea signed a deal with Poland to purchase suicide drones, Wednesday, marking a significant step in bolstering its unmanned aerial vehicle (UAV) capabilities amid escalating drone threats from North Korea.
Around 30,000 people, including North Korean defectors and international experts on Korean Peninsula affairs, participated in the Korean Dream Unification Action March near the Demilitarization Zone (DMZ) separating the two Koreas on Saturday.
President Yoon Suk Yeol warned Tuesday that any attempt by North Korea to use nuclear weapons would result in the regime's downfall due to South Korea's overwhelming response.
A proposal to recruit men in their 50s and 60s for non-combat military duties, intended to address South Korea's shrinking pool of conscripts, has sparked debate over the role that older men can or cannot play in the nation's defense.
Newly elected Japanese Prime Minister Shigeru Ishiba's progressive views on historical issues have raised hopes for continued momentum in improving Korea-Japan relations, experts said Sunday.
Men should not remain on the sidelines in discussions about gender diversity in the workplace, according to Gary Ford, co-founder of Men for Inclusion, a U.K.-based organization. Instead, they should actively stand in solidarity with women to create a united front for gender equality.
North Koreans are growing increasingly dissatisfied with their leadership and admire the democracy and economic success enjoyed by South Koreans, according to Edwin Feulner, founder of the U.S. think tank The Heritage Foundation, Saturday.
Korea and Japan will hold a rare meeting in Tokyo on Friday to discuss the joint development of Block 7, an area located on the continental shelf of the East China Sea, marking the first such talks in nearly four decades.