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Shin Hyun-song, Hawkish Economist, Tapped to Lead Bank of Korea
BusinessbloombergwsjFT+4Korea Heraldchannel-news-asiayonhap-englishkorea-joongang1mo ago7 sources

Shin Hyun-song, Hawkish Economist, Tapped to Lead Bank of Korea

South Korea has officially appointed Shin Hyun-song, a top economist from the Bank for International Settlements (BIS) known for his hawkish bent, as the new governor of its central bank, a key appointment to lead monetary policy amid economic challenges.

Lee orders stronger protections after stalking victim’s murder
PoliticsKorea Herald1mo ago

Lee orders stronger protections after stalking victim’s murder

President Lee Jae Myung on Monday ordered an investigation into police officials over the murder of a stalking victim, and called for tougher measures to protect stalking and dating violence victims. The presidential office announced Lee’s instructions after criticism mounted that authorities had failed to properly protect the victim despite multiple warning signs before a fatal stabbing in Namyangju, Gyeonggi Province, Saturday. Lee Kyu-youn, senior presidential secretary for public relations a

Ukraine Denies Inviting Hungarian Delegation for Druzhba Pipeline Talks
Worldtagesschauukrainska-pravdalsm-lv+14der-standardtelexdelfi-ltdelodigi24hvgindex-hraktuality-sk+6 more1mo ago17 sources

Ukraine Denies Inviting Hungarian Delegation for Druzhba Pipeline Talks

Ukraine's presidential office stated it did not invite a Hungarian delegation that announced its arrival for talks regarding the damaged Druzhba oil pipeline, with Ukrainian officials calling the group 'tourists' and denying their official status.

Trump ends some tariffs, imposes new 10% global one
PoliticsAPBBCbloomberg+11NYTwsjFox NewscbcDWFrance 24The IndependentTimes of India+3 more2mo ago14 sources

Trump ends some tariffs, imposes new 10% global one

After suffering a loss at the Supreme Court, US President Donald Trump has ended the tariffs declared illegal, but he has also announced a new 10% global duty.

Russia's Massive Missile and Drone Barrage on Ukraine, Targeting Kyiv
WorldAPwapoAl Jazeera+57dr-dktagesschauukrainska-pravdaaftonbladetberlingskeDWle-figarolsm-lv+49 more20d ago60 sources

Russia's Massive Missile and Drone Barrage on Ukraine, Targeting Kyiv

Russia launched an extensive missile and drone attack across Ukraine, with a significant focus on the Kyiv region, resulting in at least one fatality and widespread power outages. The assault involved nearly 500 drones and missiles, prompting Poland to scramble fighter jets.

[Yoo Choon-sik] What the weakening won may be signaling
BusinessKorea Herald1mo ago

[Yoo Choon-sik] What the weakening won may be signaling

In April 2024, when the won’s exchange rate broke through the 1,400 mark against the dollar, the leader of the Democratic Party of Korea at the time warned that a serious crisis was becoming reality and called an emergency meeting to press the government to respond. The message was unmistakable. A weakening currency was not just a market fluctuation but a warning sign for the nation. Nearly two years on, that same political leader occupies the presidential office, only to witness the rate remain

President to meet investors, companies in capital market stablization meeting
PoliticsKorea Herald1mo ago

President to meet investors, companies in capital market stablization meeting

President Lee Jae Myung will chair a policy meeting on March 18 aimed at strengthening the resilience and restoring stability of South Korea’s capital markets, the presidential office said Thursday. The meeting will focus on assessing responses to financial market volatility triggered by recent developments in the Middle East, while also discussing longer-term reforms to improve the structural health of the country’s capital markets. Officials said the government intends to use the gathering to

European Reactions to Macron's Nuclear Shield Proposal
PoliticsANSAnotes-from-poland1mo ago2 sources

European Reactions to Macron's Nuclear Shield Proposal

French President Emmanuel Macron's proposal to extend France's nuclear deterrent to other European countries has drawn varied reactions, with Italy's Deputy Premier Salvini dismissing the idea and Poland's presidential office expressing doubt, prioritizing talks with the US instead.

Ukraine Continues Energoatom Corruption Investigation
Politicslsm-lv7d ago

Ukraine Continues Energoatom Corruption Investigation

Ukrainian media reports indicate an ongoing investigation and searches related to the Energoatom corruption scandal, with former presidential office head Andriy Yermak reportedly summoned to court and searches conducted at an assistant's residence.

South Korean Civic Groups Urge Seoul to Refuse Hormuz Deployment Amid US Request
WorldBBCwsjFT+25wapoAl Jazeeratimes-ukruvindex-hrhinduTimes of Indiahindustan-times+17 more1mo ago28 sources

South Korean Civic Groups Urge Seoul to Refuse Hormuz Deployment Amid US Request

President Donald Trump has called on allies, including South Korea, to deploy warships to secure the Strait of Hormuz, a request South Korea's presidential office is reviewing. Now, South Korean civic groups are urging the government to reject any US request to send warships to the Strait of Hormuz, warning of security risks.

Lee urges swift extra budget to cushion Middle East fallout
PoliticsKorea Herald1mo ago

Lee urges swift extra budget to cushion Middle East fallout

President Lee Jae Myung on Thursday urged officials to accelerate work on a supplementary budget, as the government moves to limit the economic fallout from the ongoing Middle East conflict. “In times of crisis, swift fiscal spending is essential to ensure that efforts to stabilize people’s livelihoods and support the economic recovery do not lose momentum,” Lee said during a meeting of senior secretaries and aides at the presidential office Cheong Wa Dae in Seoul. “In the end, there is no way a

Lee launches TikTok account, steps up social media engagement
PoliticsKorea Heraldkorea-joongang1mo ago2 sources

Lee launches TikTok account, steps up social media engagement

President Lee Jae Myung opened an account on the popular short-form video-sharing application TikTok on Saturday as part of his efforts to increase his activities on social media platforms. Lee posted a short video depicting him pressing a "subscribe" box on a document awaiting approval while asking viewers to subscribe, like and leave a comment as he made heart-shaped hand gestures. On Friday, Lee wrote on another social media platform, X, "Something big is coming." The presidential office said

Lee's office dismisses Korea Forest Service chief over 'unlawful' act
PoliticsKorea Herald2mo ago

Lee's office dismisses Korea Forest Service chief over 'unlawful' act

President Lee Jae Myung has dismissed the minister of the Korea Forest Service, Kim In-ho, after he was found to have committed an unlawful act, Lee's office said Saturday, without further elaborating. "We have found that the minister of the Korea Forest Service caused trouble by committing a serious violation to existing laws, and decided to dismiss him from the post," Lee's office said. The presidential office did not elaborate on what specific law Kim violated but warned it will react sternly