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 government's recent decision to allow medical schools to decrease their enrollment quotas by hundreds falls short of resolving a protracted strike by doctors, despite being a notable concession from its previous stance of adding 2,000 slots.
A lawmaker-elect of the minor Reform Party stood by a controversial adult festival recently banned in Seoul and cities across Gyeonggi Province, saying that enjoying adult culture in adults-only spaces should be allowed.
Ongoing discussions among like-minded nations to establish a new monitoring mechanism on North Korea's sanctions evasion could proceed without involving China and Russia, according to Linda Thomas-Greenfield, U.S. ambassador to the United Nations.
Israel does not intend to trigger an all-out war in the Middle East region but will take necessary steps to protect its people in the wake of Iran's unprecedented attack on the Jewish state last week, according to Barak Shine, Israel's deputy chief of mission to Korea.
President Yoon Suk Yeol highlighted South Korea's steadfast commitment to upholding U.N. sanctions on North Korea during a meeting with U.S. Ambassador to the United Nations Linda Thomas-Greenfield in Seoul, Monday.
A Seoul court has ruled that a Korean War veteran with a 10-month absent without leave (AWOL) record cannot be buried at the Seoul National Cemetery, ruling in favor of the cemetery's decision to deny his burial.
President Yoon Suk Yeol seems to be contemplating his picks to replace key aides, including the prime minister and presidential chief of staff.
The main opposition Democratic Party of Korea (DPK) clinched a landslide victory in Wednesday's general elections, significantly outperforming its rival, the conservative ruling People Power Party (PPP). The victory solidifies the position of the liberal party and establishes an even larger opposition-dominated Assembly for the next four years.
The main opposition Democratic Party of Korea (DPK) is poised to achieve a decisive victory in Wednesday's general elections, with the broader liberal opposition bloc expected to secure as many as 200 seats in the 300-member National Assembly. This projection deals a significant blow to President Yoon Suk Yeol.