Hwang In-beom joins FC Porto on 3-year deal

South Korea national team midfielder Hwang In-beom has completed a move to Portuguese Primeira Liga powerhouse FC Porto. Porto announced Monday on its official website that Hwang had signed a…

Kbank partners with HashKey on stablecoin remittances

Kbank said Tuesday it signed a memorandum of understanding with Korean blockchain company BPMG and Hong Kong-based digital asset firm HashKey Group to develop stablecoin-based cross-border remittance services and related…

BlackRock expands bets on Korea's KAI, EcoPro

BlackRock, the world’s largest asset manager, has increased its stakes in Korea Aerospace Industries and battery materials maker EcoPro to more than 5 percent, becoming a major shareholder in both…

Coin theft at Cheonggyecheon sparks outrage

Viral video of pair taking lucky coins from a pond at the Seoul landmark calls for tighter on-site enforcement, legal action A middle-aged pair has sparked outrage for scooping up…

N. Korea, Russia signal deeper military alignment as top diplomats advance alliance treaty

North Korea and Russia signaled plans to deepen their alliance during strategic talks in Moscow, with Pyongyang on Tuesday reaffirming support for Russia’s war in Ukraine in what experts say…

Should regulators decide how long bank chiefs stay?

Proposed six-year cap on financial holding chairs sparks debate over governance, shareholder rights South Korea’s financial authorities are considering capping financial holding company chairs at two three-year terms, a governance…

S. Korea strips honors from 76 linked to Chun Doo-hwan’s coup, Gwangju crackdown

South Korea will revoke military decorations awarded to 76 people for their involvement in the Dec. 12, 1979, military coup, the suppression of the 1980 Gwangju Democratic Uprising and related…

Kim Jang-hoon to hold Dokdo concert for Coast Guard

Veteran singer’s seventh trip to islets continues long-running campaign for Dokdo Singer Kim Jang-hoon will travel to Dokdo on Wednesday to hold a special concert with the Korea Coast Guard,…

Defense Ministry to change restrictions on military protection zones

The Ministry of National Defense announced Tuesday that it will change the restrictions on military zones covering 29 square kilometers of land nationwide. The ministry said that the measures, which…

Police, prosecutors raid National Office of Investigation in parallel Gwangju murder probes

Police and prosecutors raided the police command body that oversees and directs criminal investigations nationwide Tuesday, following its alleged interference in the initial investigation into the killing of a teenage…