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.
Korea's diplomatic abilities will face a critical test in the coming weeks as Japan pushes to include the Sado mines — a contentious wartime site linked to forced labor of people including Koreans — on UNESCO's World Heritage list.
Medical professors at Seoul National University College of Medicine (SNU Medicine) and its four affiliated hospitals have voted to commence an indefinite strike beginning June 17, despite conciliatory gestures made by the government in the ongoing dispute with the medical community.
Russian President Vladimir Putin lauded South Korea for not directly supplying weapons to Ukraine, a gesture interpreted by observers as an olive branch aimed at mending ties with Seoul.
Women accounted for only 11.2 percent of high-level management positions in Korea's public sector in 2022, according to government data, significantly below the OECD average of 37 percent. Only four out of 18 Cabinet members are female, and women make up only 20 percent of the 300 members in the newly launched 22nd National Assembly.
Korea will launch a high-level dialogue with African nations to ensure a stable supply of key minerals through cooperation with the resource-rich countries, President Yoon Suk Yeol announced following the inaugural Korea-Africa Summit, Tuesday.
Korea is set to host its first-ever summit with African nations from Tuesday to Wednesday, marking a significant stride in Seoul's diplomatic outreach to the Global South.
JEJU ISLAND — In recent years, local authorities in Korea have emerged as significant players in international affairs. The traditional role of the state in diplomacy is decentralizing, with cities, provinces and municipalities adopting innovative forms of international engagement known as "local diplomacy."
A high-stakes trilateral summit between South Korea, China and Japan failed to completely mend strained relations between Seoul and Beijing, according to observers who believe the relationship between the two Asian neighbors will continue to walk a tightrope.
North Korea's latest attempt to launch its second military spy satellite into orbit ended in failure, with analysts attributing the setback to a new type of rocket engine possibly introduced with Russian assistance.
African countries are no longer just recipients of foreign aid, but essential partners for Korea to realize its vision of becoming a global pivotal state, according to Deputy Minister for Political Affairs Chung Byung-won.