World News by Wild Rose

Seoul says Kyiv agreed to a nondisclosure agreement over the prisoners but broke it.

South Korea’s three-year yield rose to the highest level since November 2022 as the local bond market reopened after holidays, joining a global selloff as elevated oil prices stoked concern over inflation.

A proposal to upgrade meals for foreigners awaiting deportation at Incheon International Airport has divided immigration officials, with frontline officers raising safety concerns and some questioning whether better food is appropriate for those ordered to leave South Korea for violating the law. According to immigration authorities on Sunday, the Incheon Airport Immigration Office under the Ministry of Justice is considering providing in-flight meal boxes to foreign nationals awaiting...

Seoul demanded an official apology and explanation from Kyiv, accusing Ukraine of violating an agreement to keep confidential the transfer of North Korean prisoners of war to South Korea.

South Korea’s presidential office demanded an official explanation and apology from Ukraine, accusing Kyiv of disclosing the transfer of two North Korean prisoners of war to South Korea and then falsely denying ‌that the two sides had agreed to keep the move confidential. “The presidential office expresses strong regret over Ukraine’s unilateral disclosure and its subsequent false announcement that there had not been a non-disclosure agreement,” Seong Ghi-hong, senior presidential secretary for...

Mexico South Korea summit: Sheinbaum and Lee signed 17 agreements and a 2026–2030 plan, but car tariffs and a trade deal remain open. What changed. The post Mexico South Korea Summit Ends With 17 Agreements but No Tariff Deal appeared first on The Rio Times.

South Korean President Lee Jae Myung’s proposal for a phased approach to Pyongyang’s nuclear and missile programmes is a pragmatic response, analysts say, but prospects for gaining its arch-rival’s acceptance remain uncertain. In a keynote speech to the UN General Assembly on Tuesday, Lee laid out a long-term, step-by-step sequence for pursuing the ultimate goal of North Korea’s denuclearisation. He had called for Washington to ease sanctions in return for North Korea stopping its nuclear...

Washington is increasingly turning to South Korea to ease ammunition supply bottlenecks triggered by wars in the Middle East and Europe, potentially accelerating Seoul’s integration into the US defence industrial base. Analysts say the United States may struggle to replenish stockpiles quickly enough if conflicts in Iran and Ukraine drag on, creating opportunities for South Korea’s defence industry to expand its presence in the US market. Jang Won-joon, a defence science professor at Jeonbuk...

A South Korean dating reality show exploring human-AI romance has triggered curiosity and attention in China over how artificial intelligence could reshape people’s understanding of intimacy and love. In August, Seoul Broadcasting System (SBS) launched My AI Partner: Strange Love, the country’s first dating reality show focused on human-AI relationships. The programme follows three participants – a cartoonist, a television host and an actress – as they form emotional connections with AI...

Currency options traders are betting the Korean won’s Asia-leading rally since July has further to run.

With millions of South Koreans set to hit the road this week during a three-day public holiday, the government is extending fuel-price caps, cushioning households from an energy shock that has pushed global oil prices above $100 a barrel.

The United States, Japan and South Korea agreed to resist “economic coercion” and emphasised the need for stability in the Taiwan Strait, taking an implicit shot at China just days before President Xi Jinping’s White House summit. The three countries plan new talks on economic security and enhancements to a trilateral supply chain early warning system, according to a statement issued after a meeting between US Secretary of State Marco Rubio and counterparts Toshimitsu Motegi of Japan and Cho...

KKR & Co. expects more dealmaking opportunities in South Korea after plowing around $3 billion into the country this year, betting its central role in the global artificial-intelligence supply chain will fuel demand for everything from data centers to power.

A 3.5-metre-long shark that wandered into a Busan waterfront channel has become an unlikely internet celebrity in South Korea, drawing nearly 20,000 spectators over the weekend as authorities opted to leave the animal alone rather than risk provoking it. The shark was first spotted on Friday in the waterway at North Port Waterfront Park, where it has remained for at least four consecutive days despite repeated efforts by the public to catch a glimpse of it. South Korea’s National Institute of...

South Korea’s central bank began testing a system for round-the-clock won payments, laying the groundwork for greater foreign access to local markets that is set to be implemented next year.

Europe faces a fourth-quarter jet fuel deficit, even as it turns to far-flung suppliers including South Korea, which is set to boost its jet exports to Europe to a four-year high in September, according to analysts and shipping data. The continent has been importing more jet fuel from nations including Nigeria, the United States and Canada since the outbreak of the Iran war over half a year ago, which hit Middle Eastern supplies and cut off around half of Europe’s jet imports. Europe remains...

South Korea’s nominee for justice minister has withdrawn from consideration for the role before being confirmed, the second ministerial nominee to pull out in a week after the president reshuffled his cabinet.

Organisers have apologised for playing the North Korean national anthem for the South Korean men's hockey team at the Asian Games in Japan.

Asian Games organisers in Japan accidently play North Korea's anthem ahead of South's hockey match with Bangladesh.

South Korean President Lee Jae Myung has drawn a clear line against any US request for Seoul to join the war against Iran, explicitly ruling out the dispatch of troops or military assets that could involve his country in the conflict. The stance comes amid mounting public opposition to any military deployment and growing pressure from Washington for Seoul to contribute to efforts to secure freedom of navigation through the Strait of Hormuz. Lee’s government faces the difficult task of balancing...

South Korean president will facilitate US-North Korea talks but will not deploy troops in US war on Iran.

Turnover in South Korean stocks fell to the lowest this year as investor enthusiasm dwindled, suggesting the AI-heavy market may struggle to regain its previous peak.

A Seoul court ordered Pyongyang on Wednesday to pay roughly US$32.5 million for blowing up in 2020 an office in North Korea that was intended to foster relations between the two Koreas, Yonhap news agency reported. The lawsuit over the destruction of the Inter-Korean Liaison Office marks the first time the South Korean government has sought damages directly from the North, according to media reports. South Korea’s previous conservative government, led by former president ‌Yoon Suk-yeol, filed...

South Korea plans to cut new transmission towers by as much as 40% and put more power lines underground, as it seeks to boost grid expansion to meet rising demand from data centers and semiconductor plants.

The first after-hours session on South Korea’s main stock exchange saw erratic and retail-dominated trading, in a sign of the challenges ahead as it seeks to attract more global investors.

The Spanish manager has been appointed South Korea's interim head coach following a disastrous World Cup campaign.

South Korea’s National Pension Service named Kyuhong Lee as chief investment officer to oversee its $1.4 trillion portfolio, handing him the reins of one of the world’s largest pools of retirement savings after a sharp surge in investment returns in the first half.

North Korea said on Monday it conducted a joint live-fire drill involving missiles, artillery and drones that it claimed showed “huge destructive power”. The official Korean Central News Agency (KCNA) said Saturday’s drill was meant to get familiar with the procedure for the operation of the integrated firepower control system. South Korea’s military earlier said it detected short-range ballistic missile launches from North Korea’s eastern coastal Wonsan area on Saturday morning. After observing...

A growing number of South Korean beauticians are providing illegal eyebrow or lip microblading treatments in Hong Kong, with the country’s consulate issuing a warning to its citizens that practising without a proper permit breaches local laws, following an arrest earlier this year. Hong Kong immigration authorities made two arrests this year, including one last week witnessed by the South China Morning Post in which a South Korean make-up artist was apprehended while performing a treatment on a...

Former South Korean president Yoon Suk-yeol was acquitted on Friday in a case related to a marine’s drowning death in a rare reprieve in one of the criminal cases brought against him following his ousting for imposing martial law. The independent counsel’s indictment had alleged Yoon deliberately appointed former defence minister Lee Jong-Sup as his ambassador to Australia to help him leave the country and evade a criminal investigation into the death of Corporal Chae Su-geun, who drowned during...