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Tuesday, July 1, 2025

KOREA

National Assembly rejects arrest motion for DP chair Lee

The National Assembly narrowly rejected a motion to consent to the arrest of Democratic Party (DP) chief Lee Jae-myung over allegations of corruption and...

Korea-U.S. cooperation key to overcoming ‘polycrisis’: Foreign Minister

A polycrisis cannot be overcome by any single country, Korean Foreign Minister Park Jin declared Thursday, stressing the importance of cooperation between Korea and...

South Korea, U.S. mull deployment of nuclear-powered aircraft carrier to peninsula

South Korea and the United States are mulling the deployment of a U.S. nuclear-powered aircraft carrier to the Korean Peninsula for the allies' joint...

Lawmakers pass resolution honoring Korea-U.S. alliance as pact turns 70

The National Assembly passed a resolution Friday calling for the strengthening of Korea's alliance with the United States to mark the 70th anniversary of...

LG Electronics providing free laundry services for earthquake-devastated regions of Turkey

LG Electronics is providing free laundry services for the people in the earthquake-devastated regions of Turkey. LG Electronics announced on Friday that it opened free laundry...

HYBE slams SM Entertainment, Kakao for ‘unfair’ contract

HYBE, the biggest shareholder of SM Entertainment, blamed SM Entertainment and Kakao for forming what it called an unfair contract that favors Kakao over...

The Korean Government to diversify export markets for K-content

The Korean government announced plans to diversify export markets for Korean content, focusing on video games and webtoons with the aim of expanding to...

HYBE becomes SM Entertainment’s No. 1 shareholder

HYBE became the largest shareholder of SM Entertainment on Thursday as a hearing to stop SM Entertainment from selling stock to Kakao was held...

Korean court rules in favor of same sex couple, recognizing partner as legal dependent

The appellate court ruled in favor of a same-sex couple by acknowledging the partner as a legal dependent for health insurance on Tuesday. This decision...

An embattled SM Entertainment delivers ‘SM 3.0’

SM Entertainment says that removing founder Lee Soo-man from the production process will increase revenue by 134 percent by 2025. The K-pop agency, which is...