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.
Recent remarks by the chief of the U.S. Indo-Pacific Command regarding the potential introduction of nuclear-powered submarines in South Korea could signify a subtle yet significant shift in the U.S.' stance, according to observers, Monday.
Korean defense firm LIG Nex1's Poniard guided rocket has successfully completed the final performance test under the U.S. Foreign Comparative Testing (FCT) program, significantly enhancing its chances of entering the U.S. market, it said Monday.
South Korea and the United States have signed a landmark agreement to integrate Seoul's conventional forces with U.S. nuclear capabilities, marking a significant enhancement in their security alliance in response to North Korea's escalating nuclear threats.
President Yoon Suk Yeol faces a range of daunting issues at home as he wrapped up his trip to the annual NATO summit in Washington, Thursday (local time).
The U.S. Joe Biden administration's lack of engagement with North Korea has come under fresh scrutiny following the resignation of its top nuclear envoy without an immediate appointment of a successor, according to diplomatic observers Thursday.
Relations between North Korea and its primary patron, China, appear to be fraying, observers said Wednesday, suggesting that their ties have grown increasingly distant as Pyongyang has strengthened its longstanding partnership with Russia.
President Yoon Suk Yeol is unlikely to announce the provision of lethal arms support to Ukraine at the upcoming NATO summit, observers said Tuesday, but he is expected to offer advanced humanitarian support to the war-torn nation in solidarity with the West.
Korea, China and Japan should set up security dialogues and hotlines to advance cooperation in the domain of security, an area where they currently lag, former Korean Ambassador to Japan Shin Kak-soo said, Monday.
A banner for the opening ceremony of the 22nd National Assembly is being removed from the Assembly's main building in Seoul, Sunday, after the event, initially scheduled for Friday, was canceled due to a parliamentary standoff over a special counsel probe bill related to the death of Marine Cpl. Chae Su-geun, which was passed in the opposition-controlled Assembly on Thursday. Yonhap
Chinese Ambassador to Korea Xing Haiming, one of the most talked-about ambassadors in Seoul, is set to end his mission after approximately four and a half years of service. He is expected to return to China on Wednesday.