Organization · 16 stories from 35 outlets in the last 7 days · 1,163 published stories all time
AI summarySouth Korea's Cabinet approved revisions to exempt owners of multiple homes from heavier capital gains taxes if they apply for sales permits by May 9. The move follows President Lee Jae Myung's suggestion to give sellers extra time before the reinstated 75% tax rate takes effect. Officials forecast slower housing price growth but remain committed to curbing speculation.
AI summaryThe South Korean won has experienced sharp fluctuations against the U.S. dollar as ceasefire negotiations between the United States and Iran progress and stall. Reports indicate initial agreement on a two-week truce, followed by disagreements over terms and renewed threats, impacting oil prices and market sentiment.
AI summaryThe Pentagon has said US forces are 'maximally postured' to restart combat operations against Iran if a two-week ceasefire expires without a deal, as President Trump warned of renewed bombing. Talks in Islamabad, mediated by Pakistan, have so far failed to yield an agreement, with Washington maintaining a naval blockade and Tehran proposing a 10-point plan.
AI summaryChinese Foreign Minister Wang Yi arrived in Pyongyang on April 9 for a two-day visit, marking his first trip to North Korea since September 2019. The visit, at the invitation of North Korea's foreign ministry, aimed to strengthen bilateral relations and came as the neighbours resume direct rail and flight services post-pandemic.
AI summaryDoosan Bears manager Kim Won-hyong says catcher Yang Eui-ji's early-season batting slump is not affecting his defense, as the veteran backstop looks to turn the corner following a 7-3 win over the Kiwoom Heroes.
AI summaryNorth Korea fired multiple short-range ballistic missiles on Wednesday, with launches observed in the morning and afternoon from the Wonsan area, according to South Korea's military. The launches follow a failed projectile test and come amid heightened tensions and diplomatic overtures from Seoul.
AI summaryFollowing a US-Iran ceasefire, South Korea has vowed to ensure the safe passage of its vessels through the Strait of Hormuz, with seven oil tankers carrying essential crude still stranded. Despite the truce, shipping remains largely disrupted, prompting Seoul to explore alternative routes and maintain close monitoring of oil supply conditions.
AI summaryHD Korea Shipbuilding & Offshore Engineering's affiliates have secured orders worth 1.97 trillion won for LNG and LPG carriers from clients in Greece, Oceania, Asia, and Africa. The company aims to reach $23.31 billion in annual orders, citing rising global demand due to geopolitical risks and oil prices.
AI summaryNorth Korea launched another ballistic missile toward the East Sea on Wednesday afternoon, hours after firing multiple short-range ballistic missiles, according to South Korea's Joint Chiefs of Staff. The launches come amid heightened tensions following President Lee Jae-myung's expression of regret over private drone flights into the North.
AI summaryA young wolf named Neukgu, which escaped from a zoo in Daejeon, South Korea, was captured early Friday after nine days on the run. The wolf was found with a fish hook in its stomach and is recovering at the zoo.
AI summarySouth Korea's presidential office responded to North Korea's harsh rhetoric, saying it hinders peace efforts, after a senior North Korean official dismissed Seoul's positive interpretation of Kim Yo-jong's remarks. The exchange reflects ongoing tensions and divergent views on inter-Korean relations.
AI summaryKim Si-woo believes his experience at Augusta National will serve him well as he and Im Sung-jae represent South Korea at the Masters. Kim, the highest-ranked South Korean in the field, has leaned on lessons from past appearances, while Im arrives with confidence from a strong 2020 result.
AI summarySon Heung-min scored his first open-play goal of the season to help Los Angeles FC beat Cruz Azul 3-0 in the first leg of their Concacaf Champions Cup quarterfinal. The South Korea forward had earlier recorded a career-high four assists in an MLS match, and LAFC now need only a draw in the second leg to reach the semifinals.
AI summarySouth Korea's government has implemented a mandatory odd-even vehicle rotation system at about 11,000 public institutions to curb energy demand amid Middle East tensions. The system exempts certain vehicles, while a five-day rotation rule remains voluntary for the private sector.
AI summaryFormer Japanese Prime Minister Shigeru Ishiba called for South Korea and Japan to collaborate at the U.N. level to reopen the Strait of Hormuz, citing global supply disruptions. He also suggested a bilateral logistics agreement and stressed trilateral security cooperation amid North Korean threats.
AI summaryNorth Korea fired multiple ballistic missiles toward the East Sea on Wednesday, following a projectile launch a day earlier that reportedly failed. The launches came after South Korean President Lee Jae Myung expressed regret over drone flights into the North, and amid Pyongyang's reaffirmation of its hostile stance toward Seoul.
AI summaryU.S. President Donald Trump has agreed to a two-week ceasefire with Iran, subject to Tehran's commitment to fully reopen the Strait of Hormuz. The announcement followed urgent mediation efforts by Pakistani officials. Markets reacted positively, with South Korean stocks opening sharply higher.
AI summaryUS President Donald Trump's deadline for Iran to reopen the Strait of Hormuz expires Tuesday night, with Trump warning that a 'whole civilization will die tonight' if no deal is reached. Pakistan's prime minister has requested a two-week extension, while China vetoed a UN resolution on the strait.
AI summaryUS President Donald Trump warned Iran that 'a whole civilization will die tonight' if Tehran does not reopen the Strait of Hormuz by his deadline. The threat drew condemnation from Pope Leo and raised international law concerns, as the US and Israel continued strikes on Iranian infrastructure. A two-week ceasefire was later announced.
AI summarySouth Korea's special counsel has requested a 23-year prison term for former Prime Minister Han Duck-soo in his appeal of an insurrection conviction linked to former President Yoon Suk Yeol's martial law declaration. Separately, prosecutors sought a two-year term for Yoon on perjury charges related to testimony in Han's trial.