The Korea Housing Finance Corporation (HUG) held a policy-focused meeting with the Korean Housing Construction Association and regional construction leaders in Seoul to discuss improvements to the agency’s guarantee programs intended to support housing supply. The event took place at the Seoul Housing Construction Hall and brought together HUG

The appellate trial in the Daejang-dong private developers corruption case opened today, but the proceedings looked markedly different from a typical high-profile hearing. Prosecutors decided not to pursue an appeal, leaving only a single senior prosecutor in court. Defendants Kim Man-bae, Nam Wook, and Jeong Young-hak—who were convicted in

Baek Byung-dong, a leading figure in Korean contemporary classical music, died on the 12th at age 90. Born in 1936 in Manchuria, he studied at Seoul National University’s College of Music and went on to study composition in Germany at Hannover under Yun I-sang. Over a career spanning six

Baek Byung-dong, a pioneering figure in South Korea’s modern classical music and a former professor at Seoul National University, died on the 12th at age 90. The Korea Academy of Arts and Letters announced his death on the 13th. Baek was born in 1936 in Manchuria. After graduating from

New York Times reporting, citing U.S. government officials, says Iran began laying mines in the Hormuz Strait starting yesterday, using small boats. The report adds that the Islamic Revolutionary Guard Corps, beyond its regular warships, can mobilize thousands of small vessels for operations. The Hormuz Strait, a crucial chokepoint

Daegwallyeong Pass in Gangwon Province, a high mountain route known for heavy snowfall, is blanketed in white as mid-March weather sets the scene for a weekend of cloudy skies across South Korea. Forecasters say Saturday and Sunday will be largely cloudy nationwide, with a mild but variable temperature profile that

UN Secretary-General Antonio Guterres visited Beirut on the 13th amid fighting between Israel and Hezbollah, the Iran-backed Lebanese militant group, and urged an immediate ceasefire and expanded humanitarian aid. In Beirut, Guterres appealed for emergency relief, calling for a total of about 308.3 million U.S. dollars in humanitarian

The won–dollar exchange rate in Seoul's foreign-exchange market closed on the 13th at 3:30 pm local time. The brief note specifies the closing time but does not include the numerical rate in the text provided. The USD/KRW rate is a daily indicator of Korea'

KAIST President Lee Kwang-hyung has withdrawn his resignation, at the request of the university’s board and members. He had previously said he would resign on the 27th after an extraordinary meeting of the board failed to approve the selection of the 18th president. The university said Lee will continue

The Blue House announced that Indonesian President Prabowo Subianto will visit Korea for a state visit from March 31 to April 2, followed by French President Emmanuel Macron’s state visit from April 2 to April 3. The schedule was disclosed by spokesperson Kang Yu-jeong in a written briefing on