S. Korea, US, Japan defense officials discuss response to NK missile threat

S. Korea, US, Japan defense officials discuss response to NK missile threat

Senior defense officials from South Korea, the United States and Japan on Wednesday condemned North Korea’s recent ballistic missile launches and agreed to coordinate on how to deal with its provocations, the defense ministry said. Wee Seung-ho, deputy minister for policy, held a video conference with David F. Helvey, US assistant secretary of defense for […]

Tomocube’s light microscope enables realtime, 3-D observation of live cells

Tomocube’s light microscope enables realtime, 3-D observation of live cells

DAEJEON — A medical device startup born from an applied physics lab at the Korea Advanced Institute of Science and Technology is out to introduce a next-generation 3-D microscope that uses light to observe living cells in real time. Founded in 2015, Tomocube has developed a new holographic microscope that shoots weak laser light through […]

‘Public diplomacy essential for stronger Korea-US ties’

Public diplomacy essential for stronger Korea-US ties

Over the course of his US presidential campaign, Donald Trump spared no criticism against the country’s free trade pact with South Korea. Calling it a “disaster” and a “job killer,” the populist politician threatened to pull out of the treaty once he took office. But the US president was not the first to express such […]

Security advisers of S. Korea, US hold phone talks over NK missile

Security advisers of S. Korea, US hold phone talks over NK missile

Kim Kwan-jin, chief of South Korea’s National Security Office, held a phone conversation with H.R. McMaster, Washington’s national security adviser, on Monday over the latest launch of missiles by Pyongyang earlier in the day. During the 15-minute phone call, the two agreed to expand Seoul-Washington ties to come up with stronger and more effective sanctions […]

US Strategic Commands confirms N. Korean missile launch

US Strategic Commands confirms N. Korean missile launch

The US Strategic Command confirmed North Korea’s missile launch, but did not give any assessment on the missile’s type, including whether it involved an intercontinental ballistic missile. “US Strategic Command systems detected and tracked what we assess was a North Korean missile launch at 4:34 p.m. CST (7:34 a.m. Korean time),” the command said in […]

Finance chief says US rate hike hopes mirrored in market

Finance chief says US rate hike hopes mirrored in market

South Korea’s financial market has already factored in expectations for US interest rate hikes this year, the finance minister said Friday, indicating it is well-positioned to withstand their impact. After boosting its benchmark interest rate by a quarter point to 0.75 percent in December, the US Fed forecast it could raise the federal funds target […]

Korea needs to cut reliance on US economy: think tank

Korea needs to cut reliance on US economy think tank

South Korea should reduce its reliance on the US economy and push to galvanize domestic demand as the world’s No. 1 economy is expected to continue its slow growth down the road, a state think tank said Friday. In a report on the future of the US economy, the Korea Institute for International Economic Policy […]

US Carl Vinson to arrive in S. Korea in mid-March for joint drills

US Carl Vinson to arrive in S. Korea in mid-March for joint drills

The USS Carl Vinson aircraft carrier will arrive in South Korean waters in mid-March to take part in an annual joint military exercise, the US Forces Korea said Friday. “The USS Carl Vinson is expected to arrive in Busan around March 15 to participate in the Foal Eagle exercise,” a USFK spokesman told reporters. The […]

Korea’s Richest 100 remains unchanged in 2017

Korea’s Richest 100 remains unchanged in 2017

It is no surprise that Samsung Electronics Chairman Lee Kun-hee, 75, is once again recognized as the richest man in Korea with a total value of assets, including listed stocks and real estate, reaching 15 trillion won ($13.1 billion). The Herald Business and The Korea Herald’s list of Korea’s Richest 100 was updated recently to […]

S. Korean, Spanish foreign ministers agree to work together to press NK

S. Korean, Spanish foreign ministers agree to work together to press NK

The top diplomats of South Korea and Spain have agreed to work together to pressure North Korea into giving up its nuclear weapons program, the foreign ministry here said Thursday. The North Korean nuke issue and its human rights violations were among the main topics of discussion when South Korean Foreign Minister Yun Byung-se and […]

US, China, Korea should work together against NK threat

US, China, Korea should work together against NK threat

With North Korea scaling up its nuclear and missile capabilities, the United States should consider taking higher policy risks to break the security deadlock and tamp down the communist regime’s proliferating threat, according to a former director at the White House’s National Security Council. Victor Cha, speaking at a forum in Seoul on Feb. 17, […]

Divided nation marks Independence Movement Day

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Marking Independence Movement Day, millions of South Koreans poured onto the streets, turning central Seoul into a sea of national flags Wednesday. But this time, the nation is deeply divided, protesting for and against President Park Geun-hye’s impeachment. As the Constitutional Court is set to rule on whether to unseat or reinstate the scandal-ridden president […]

Samsung, Reliance Jio to connect rural India

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Samsung Electronics said it will team up with India’s Long Term Evolution mobile operator Reliance Jio Infocomm to build more high-speed wireless communication networks in India’s remote regions as well as major cities. Tapping the rapidly growing telco market in India, South Korea’s tech giant clinched an exclusive deal with Jio in 2012 to supply […]

Korea’s exports rise 20.2% in Feb.

South Korea’s exports jumped 20.2 percent last month from a year earlier expanding at the fastest clip in five years on rising oil prices and recovering world trade, government data showed Wednesday. Outbound shipments came to $43.2 billion in February, up from $35.9 billion tallied a year earlier, according to the Ministry of Trade, Industry […]

Korea’s experience can be role model of Asian development

Korea's experience can be role model of Asian development

South Korea will play a bigger role in Asia’s investment in sustainable infrastructure through its experience of economic development and constant investment in basic facilities, a senior official at an international institution said. “I would say that Korea is a very important member of our bank,” Danny Alexander, vice president of the China-led Asia Infrastructure […]

Investigators name Park as bribery suspect; indict 17 more suspects

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The special prosecutor’s team Tuesday named President Park Geun-hye as a suspect in the extensive corruption scandal involving her longtime friend Choi Soon-sil, rounding off its three-month investigation and handing the case back to state prosecutors. It also decided to indict Lee Jae-yong, heir apparent of the nation’s most powerful conglomerate Samsung Group, along with […]

Tensions rise amid possibility of clash between Park’s supporters, opponents

Tensions rise amid possibility of clash between Park's supporters, opponents

Millions of people are expected to crowd the streets of Seoul Wednesday in a last push to oust or reinstate impeached President Park Geun-hye, leading to concerns about violence between the two groups. Park’s supporters and opponents have taken to the streets each Saturday since late last year as the Constitutional Court reviews the legality […]

Investing to stay young and beautiful

Investing to stay young and beautiful

The definition of “elderly” is becoming less clear by the day, as society turns older and those traditionally grouped as seniors become younger in terms of health, appearance and economic activity. It has led to the coining of the new term “No-no generation” in South Korea, a combination of the English word “no” and the […]

ASEAN, Korea hash over cultural cooperation

ASEAN, Korea hash over cultural cooperation

The ASEAN-Korea Center in Seoul held its ninth annual council meeting Thursday, hashing out issues to strengthen bilateral ties while commemorating the 50th anniversary of the Association of Southeast Asian Nations. As this is the ASEAN-Korea Cultural Exchange year, events are scheduled on both sides, particularly in May and June. The discussion involving 11 high-level […]

Special probe faces end of tenure, with no extension

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Efforts to extend the ongoing special investigation into President Park Geun-hye’s corruption scandal were effectively thwarted Thursday. Having failed to put the extension to a parliamentary vote, opposition parties once again turned to Prime Minister Hwang Kyo-ahn, who holds the authority to prolong the investigation upon his right as acting president. Chances, however, remain slim […]