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 previous Moon Jae-in government is facing accusations of lax monitoring regarding the 2018 demolition of North Korean guard posts, after the current defense minister suggested that North Korea may not have fully destroyed its guard posts as stipulated in the inter-Korean military tension reduction pact.
The main opposition Democratic Party of Korea (DPK) said Sunday that it will take legal action against the prime minister's office, accusing it of attempting to scale back and distort a knife attack on the party leader, Rep. Lee Jae-myung earlier this year.
Cho Tae-yul, South Korea's newly appointed foreign minister, invited Chinese leader Xi Jinping to visit Seoul at a time that is convenient for him, Friday, conveying that Xi's visit should precede President Yoon Suk Yeol's trip to Beijing.
President Yoon Suk Yeol and Chinese leader Xi Jinping conversed for just three minutes without holding a formal meeting during the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco held in November of last year.
The removal of military buffer zones between South and North Korea has significantly increased the risk of unintentional military clashes, warned analysts, who called for the establishment of a minimal level of communication channels to prevent such incidents.
A total of 25 "Koryoin" tutors teaching the Korean language in Russia and other post-Soviet Union countries have completed a five-week training course in Korea, according to the Overseas Koreans Cooperation Center (OKCC).
The Ministry of National Defense said, Tuesday, that discussions with other government bodies are necessary to determine the complete nullification of the Sept. 19 inter-Korean military pact, thereby maintaining a cautious stance about formally declaring the military agreement as invalid.
Lee Jun-seok, center, former chief of ruling People Power Party (PPP), shakes hands with former Democratic Party of Korea (DPK) leader Lee Nak-yon during a book launch ceremony by independent lawmaker Rep. Yang Hyang-ja, left, at the National Assembly in Seoul, Tuesday. While the two Lees are set to establish their respective parties, the event also brought together former DPK lawmaker Keum Tae-sup, who is also seeking to form a party of his own, fueling speculation of a potential coalition for a big tent party in the lead-up to the April 10 general elections. Yonhap
The decision by the police not to disclose the political affiliations of the man who attacked Rep. Lee Jae-myung, the leader of the main opposition Democratic Party of Korea (DPK), with a knife, has sparked controversy. The DPK has criticized law enforcement authorities for sharing investigative information selectively.
The main opposition Democratic Party of Korea (DPK) urged the police to "thoroughly investigate" the knife attack on party leader Rep. Lee Jae-myung, Sunday, following law enforcement authorities' tentative decision not to disclose the personal identity of the attacker.