At the Banking Hall building in central Seoul’s Jung-gu on March 13, the 10-29 Itaewon disaster truth-finding hearing of South Korea’s Special Investigation Committee resumed. The committee’s chair, Song Ki-chun, spoke to reporters as the session began. The Special Investigation Committee announced that it had decided to

On the afternoon of the 13th, the first day of South Korea’s gasoline price ceiling policy, drivers in Busan queued at a Haeundae district gas station as the cheapest gasoline in the area was priced at 1,757 won per liter, according to Yonhap News Agency. The policy’s

The South Korean Blue House said President Lee Jae-myung will host French President Emmanuel Macron on a state visit scheduled for the 2nd and 3rd of next month. Macron’s trip would mark the first time a European leader visits Korea since Lee’s administration began, and it would be

Krafton, the South Korean game developer, and Hanwha Aerospace have formed a strategic alliance centered on physical artificial intelligence. The two companies signed a memorandum of understanding on the 13th to pursue joint development and eventual commercialization across defense and other sectors. Under the agreement, Krafton and Hanwha Aerospace will

South Korea’s financial markets moved lower on March 13, 2026. The benchmark Korea Composite Stock Price Index (KOSPI) finished down 96.01 points, or 1.72%, at 5,487.24. The tech-heavy KOSDAQ rose 4.56 points to close at 1,152.96. In the foreign exchange market, the

South Korea has begun enforcing a nationwide oil price ceiling policy, taking effect from midnight on the 13th. President Lee Jae-myung announced on X that “from today we will fully implement the oil price ceiling” to help stabilize domestic fuel costs amid unsettled international markets. He asked citizens to report

A weekend weather forecast from the Korea Meteorological Administration says the entire country should see mostly cloudy conditions as a high-pressure system moves eastward along the northern East Sea. The result is a pronounced day-to-night temperature swing of about 15 degrees Celsius, with frost possible in inland areas early in

HD Hyundai Heavy Industries is moving to sell its Gunsan Shipyard to HJ Heavy Industries, with Eco Prime Marine Pacific signing a memorandum of understanding to transfer the yard’s assets. The deal, announced by HD Korea Shipbuilding & Marine Engineering, the group’s intermediate holding company, will proceed to

South Korea’s Prime Minister Kim Min-seok said he spoke with U.S. President Donald Trump for about 20 minutes on Korea-related issues during his Washington, D.C. visit. Kim told a gathering with Seoul’s correspondents at the Korean Cultural Center in Washington that a large portion of the

The leader of South Korea’s ruling People Power Party, Jang Dong-hyuk, said that “nominations are the lifeblood of fairness” as Seoul’s mayoral nomination process heads toward the June local elections with questions unresolved. He noted that Seoul Mayor Oh Se-hoon did not apply for the party’s additional