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President Lee Jae-myung is set to chair an emergency meeting on March 18 with chief executives of major securities firms, leaders of listed companies, and both retail and institutional investors. The gathering at the Blue House aims to discuss stabilizing and normalizing Korea’s capital market as volatility rises on

Iran’s state broadcaster aired the first formal address by Ayatollah Seyyed Mojtaba Khamenei, who was elected Iran’s third Supreme Leader last month and is widely seen as the successor to the late Ayatollah Ali Khamenei. In the message, he signaled a hardline stance against the United States and

South Korea is bracing for a cold spell that will continue through Thursday into Friday, with a mix of rain and snow forecast across parts of the peninsula. The agency projects snowfall and precipitation amounts across the eastern and southern regions as well as mountainous areas of Gangwon. Snow is

The Korea Meteorological Administration said Friday morning will bring a wide temperature spread as a cold air mass fades, producing notable diurnal swings. Central regions are expected to stay mostly clear through the afternoon, while the southern provinces and Jeju Island will be intermittently cloudy, and the East Sea coast

Seoul police have summoned Kim Kyu-hyun, the former head of South Korea’s National Intelligence Service (NIS), for questioning as a suspect in a probe into alleged efforts to influence the 2023 Gangseo-gu district mayor by-election. He appeared at the interrogation site with a stern expression and offered no comment

Seoul opened the Western Seoul Museum of Art, a new public museum focused on new media, in Doksan-dong, Geumcheon-gu, on May 12. It marks the southwestern part of the city as home to a dedicated public art venue in a growing network of Seoul’s municipal museums. The location sits

The South Korean Foreign Ministry announced on January 12 that Baek Tae-woong, a professor at the University of Hawaiʻi at Mānoa’s law school, has been appointed as Korea’s ambassador to the OECD. The Organization for Economic Cooperation and Development is based in Paris and coordinates member countries on

U.S. Energy Secretary Chris Light said in a CNBC interview on March 12 that the U.S. Navy could, in the future, escort ships through the Strait of Hormuz if needed, but that such a move is not imminent. He stressed that Washington is not yet ready for that

LG CNS, the information technology services arm of South Korea’s LG Group, has signed a strategic partnership with Palantir Technologies to offer Palantir’s platforms to domestic corporate clients. The agreement was announced ahead of Palantir’s AIPCon conference, with the signing ceremony held on the 11th local time.

South Korea’s judiciary is in the spotlight again as prosecutors filed a police complaint on Friday accusing the head of the Supreme Court and a senior justice of distorting the law in a high-profile election-law case involving a former presidential candidate. The complaint, filed by attorney Lee Byung-cheol, requests