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After President Yoon Suk Yeol was impeached, the People Power Party and the Democratic Party are fighting over who should lead the country.
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Consumer inflation is projected to rebound to around 2 percent in September as the temporary factors behind last month's slowdown dissipate, the central bank said Tuesday.
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U.S. President Donald Trump's administration continues to have "productive" negotiations with Korea to reduce "unfair" trade barriers and enhance market access for U.S. businesses, a White House official said Friday.
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Despite a U.S. Supreme Court ruling invalidating reciprocal tariffs, Korea will proceed as planned with $350 billion in investments in the United States.
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Korea also must activate its diplomatic channels with China.
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Unless the country regains a proactive role in resource security, it risks remaining dependent on what one might call “rare-earth rain-fed paddies,” relying on others for lifeblood materials in the age of strategic minerals.
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AI is reshaping how music gets made, letting artists produce tracks in minutes or even seconds. However, copyright law and royalty systems have not kept pace, leaving basic questions such as who counts as an author, and who gets paid unsettled.
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The government plans to invest over 30 trillion won in advanced industries such as AI and semiconductors through the National Growth Fund next year, while also introducing a 600 billion won public participation fund
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Public support for rival parties has grown competitive, with the gap in poll numbers now within the margin of error, according to a recent survey released by Gallup Korea on Friday.
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Acting President Choi Sang-mok promised that the government would work to “maintain stability” in his first public address following Prime Minister Han Duck-soo's impeachment on Friday.
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People Power Party leader Kweon Seong-dong urged acting President Choi Sang-mok to reject a constitutional Court justice nominee amid ongoing legal challenges involving President Yoon Suk Yeol's impeachment and upcoming trial.
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Can the PPP navigate against the DP-led impeachment tsunami no matter who becomes its new leader?
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Korea's inflation stayed above 3 percent for the third consecutive month in October, marking the largest gain in seven months.
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The government unveiled a package of support measures Wednesday for domestic industries most impacted by the recent U.S. tariff impositions that include more than 2 trillion won ($1.5 billion) in policy financing, the finance ministry said.
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Finance Minister Koo Yun-cheol said Friday that a joint committee for the Korea-U.S. FTA will be established soon to implement a recent tariff deal reached by the two countries.
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Rare earths — key minerals essential for semiconductors, arms and EV batteries — have moved to the forefront of U.S.-China tensions as China increasingly leverages its dominance in resources as a geopolitical tool.
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It was a good decision for Korea to participate in the early warning system for a trilateral supply chain, and Seoul should establish a Korean-style global supply chains partnership.
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With just one month left before the first comprehensive AI law takes effect in Korea, confusion continues to mount across the country’s tech industry.
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Korea's foreign reserves rose for the fifth consecutive month in October to the highest amount in 33 months, the central bank said Wednesday. The country's foreign reserves stood at $428.82 billion as of the end of October.
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Acting President Choi Sang-mok faced his first test as the country's interim leader on Sunday after a deadly plane crash in Muan, South Jeolla, threw gaps in the government and its emergency response system into sharp relief.