S. Korea’s KASA to invest $562.5 million in R&D projects in 2025
South Korea’s national space agency, the Korea Aerospace Administration (KASA), announced on Wednesday that it will invest a total of 806.4 billion won ($562.5 million) in research and development (R&D) projects in 2025. This investment is part of the country’s efforts to position
South Korea to start joint project with ASEAN for digital innovation
The science ministry here said on Thursday it will begin a five-year joint project with the Association of Southeast Asian Nations (ASEAN) worth $30 million this year to foster digital innovation in the ASEAN region. The Ministry of Science and ICT said it
US lawmaker expresses concerns over MBK’s takeover bid for Korea Zinc
A member of the United States Congress has voiced concerns over the takeover bid by private equity firm MBK Partners Ltd for Korea Zinc, in collaboration with its largest shareholder, Young Poong Corp, citing issues related to critical minerals’ supply chains, according to
US, South Korea conducting joint research to block North Korean crypto heists
South Korea and the United States are conducting joint research to strengthen protection against cryptocurrency heist attempts amid growing concerns of such attacks by North Korea-linked hackers, officials said on Sunday. Based on a recently signed technical annex between the South Korean government
S. Korea president Yoon’s senior aides offer to quit over martial law declaration
Senior aides of South Korean President Yoon Suk Yeol, including his chief of staff, offered to resign together in large numbers on Wednesday, the presidential office said, after the National Assembly blocked Yoon’s surprise declaration of martial law. They include Chung Jin-suk, the
S. Korea, US postpone key nuclear deterrence talks: Pentagon spokesperson
South Korea and the US have put off key nuclear deterrence talks and a related exercise originally set to take place in Washington this week, a Pentagon spokesperson said, after South Korean President Yoon Suk Yeol’s short-lived declaration of emergency martial law. Seoul
Top air force commanders of South Korea, US, Japan discuss cooperation
The top air force commanders of South Korea, the United States, and Japan have held talks to discuss ways to strengthen their cooperation, such as expanding joint air drills, officials said. This is the latest in their trilateral security cooperation amid North Korea’s
Top diplomats of South Korea, Japan hold talks on sidelines of APEC summit in Peru
South Korean Foreign Minister Cho Tae-yul and his Japanese counterpart, Takeshi Iwaya, held talks on the sidelines of the Asia Pacific Economic Cooperation (APEC) meeting in Peru, Seoul’s foreign ministry said on Friday. The top diplomats of the two nations met in Lima
S. Korea president Yoon set to leave for Peru to attend APEC summit
South Korea President Yoon Suk Yeol is set to depart for Peru on Thursday to attend the Asia-Pacific Economic Cooperation (APEC) summit, with an eye on a possible meeting with U.S. President-elect Donald Trump during the South America trip. Yoon will travel to
South Korea seeks close communication with Trump for deeper economic ties
Foreign Minister Cho Tae-yul said on Thursday that the government will make efforts to closely communicate with people close to US President-elect Donald Trump to further deepen ties with Washington. Cho made the remarks after the Republican candidate and former U.S. president won
South Korea and US Launch Joint Large-Scale Air Exercise
South Korea and the United States have commenced a significant joint air exercise, aimed at enhancing readiness against potential threats from North Korea, as announced by the South Korean Air Force on Thursday. The 12-day Freedom Flag exercise began earlier this week, mobilizing
North Korea Launches 20 More Trash Balloons Toward South Korea: JCS
North Korea has dispatched additional trash balloons toward South Korea, according to military officials on Saturday. This comes after North Korea alleged that the South had sent unmanned drones over Pyongyang three times since last week. The Joint Chiefs of Staff (JCS) reported
South Korea to Provide $500,000 in Aid to Flood-Affected Nepal
South Korea has announced a $500,000 humanitarian aid package for Nepal to support relief efforts following devastating floods and landslides. The South Korean foreign ministry made the announcement on Tuesday. The recent monsoon rains in Nepal have resulted in over 200 fatalities, with
South Korea to Launch Strategic Command in Response to North Korean Threats
South Korea is set to establish a new military command this week to enhance its defense capabilities against evolving nuclear and missile threats from North Korea, according to the defense ministry. The South Korean Strategic Command will be inaugurated on Tuesday, amid rising
Three People Dead After Fishing Vessel Capsizes Near Gunsan, South Korea
A 35-ton fishing vessel capsized off the coast near Gunsan, a southwestern port city in North Jeolla Province, leaving three dead, according to the Korea Coast Guard. The Coast Guard successfully rescued all eight people aboard the vessel. However, three — the Korean