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.
BUSAN — The foreign ministers of South Korea, Japan and China vowed, Sunday, to arrange a summit of their leaders at the earliest possible date after failing to reach an agreement on an exact timeline in their rare gathering.
North Korea is likely to restore guard posts inside the Demilitarized Zone (DMZ) as one of its initial moves to demonstrate the effective nullification of the 2018 inter-Korean military agreement, analysts said Thursday.
North Korea's launch of a military spy satellite — if proven to be successful in terms of its surveillance functions — will pose heightened security threats to South Korea, analysts said Wednesday.
BERLIN, Germany — As of 2022, 17 percent of Korea’s 51.6 million population were aged 65 and above. The figure is expected to rise to 20 percent in 2025, according to projections made by Statistics Korea, which would make the Asian nation a super-aged society.
South Korea threatened, Monday, to implement retaliatory measures if North Korea pushes ahead with its planned launch of a military spy satellite, sending a rare yet strong warning against Pyongyang's envisaged military action.
The main opposition Democratic Party of Korea (DPK) leader Rep. Lee Jae-myung is gaining belated popularity among Chinese internet users for his hunger strike launched earlier this year to protest the Yoon Suk Yeol government's handling of state affairs.
Strained relations between South Korea and China have ground to a virtual standstill after President Yoon Suk Yeol's attendance at the Asia-Pacific Economic Cooperation (APEC) summit ended without a much-anticipated bilateral meeting with his Chinese counterpart, Xi Jinping, despite discussions to arrange one.
On Sept. 19, 2018, the defense ministers of South and North Korea signed a Comprehensive Military Agreement (CMA), aimed at halting all hostile activities between them. This agreement included the prohibition of military drills in border areas and the establishment of no-fly zones near the boundary.
Adm. Kim Myung-soo, nominee of the Joint Chiefs of Staff (JCS) chairman, was grilled at his confirmation hearing in the National Assembly, Wednesday, over stock transactions he made while on duty including days when North Korea launched ballistic missiles.
The remains of Chung Doo-ok, a Korean independence fighter who campaigned in Hawaii against Japan’s 1910-45 colonization, were laid to rest in Korea, Wednesday, a little over 50 years after his death on the U.S. island.