South Korean Banks Prepare for Stricter Lending Rules

(MENAFN) Banks in South Korea are preparing to impose stricter lending rules in the second quarter of 2025 due to growing economic uncertainty, according to a survey released Tuesday by the central bank. Based on the Bank of Korea (BOK)'s survey of 203 …

South Korea braces itself for tough US trade talks as liberal party issues caution

Mr Han said Seoul will make an “all-out effort” to find a mutually beneficial solution by “calmly and seriously” consulting with the US.PHOTO: REUTERS SEOUL – South Korea’s acting President Han Duck-soo said on April 21 that he expected trade talks with …

S. Korea expresses deep regret over Japanese PM's offering to war-linked shrine

SEOUL, April 22 (Xinhua) -- South Korea on Tuesday expressed deep regret over Japanese Prime Minister Shigeru Ishiba's ritual offering to the notorious war-linked Yasukuni Shrine on the occasion of its annual spring festival. The South Korean foreign …

ICAO dismisses North Korea’s request to investigate alleged drone intrusion

The International Civil Aviation Organization (ICAO) has dismissed North Korea’s request for an investigation into what it claims was a South Korean military drone intrusion into Pyongyang airspace. The move effectively ends any further discussion of the …

Kazakhstan and South Korea Explore AI Use in Public Sector 

ASTANA – Kazakhstan and South Korea presented their progress on the use of artificial intelligence (AI) across the public sector at a diplomatic seminar in Astana on April 21, as part of a broader effort to ensure AI delivers tangible public benefits. Vice …

South Korea Pulls Crypto Exchange Apps From App Stores

(MENAFN- Investor Brand Network) South Korea is taking strong action against cryptocurrency platforms that fail to comply with its financial regulations. In a major move to safeguard investors, the government has ordered the removal of multiple …

US, Philippines Begin Balikatan Annual Drills With South China Sea in Mind

On Monday, April 21, the United States and the Philippines kicked off the 40th iteration of their annual Balikatan exercises. The three-week-long military drills will involve more than 14,000 American and Filipino soldiers as well as an array of U.S. …

South Korea to expand insurance coverage for uninsured crops following wildfires: report

(LEAD) S. Korea launches 4th spy satellite into orbit

(ATTN: RECASTS headline, lead; UPDATES details, photo, byline) By Lee Minji SEOUL, April 22 (Yonhap) -- South Korea's fourth homegrown military spy satellite, launched from a U.S. space base in Florida on a SpaceX Falcon 9 rocket, successfully entered …

S. Korea's 4th spy satellite lifts off from U.S. space base

SEOUL, April 22 (Yonhap) -- South Korea's fourth homegrown military spy satellite was launched from a U.S. space base in Florida on a SpaceX Falcon 9 rocket, the defense ministry said Tuesday. The Falcon 9 lifted off normally at 8:48 p.m. Monday (U.S. …