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Friday, Dec, 12, 2025

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S.KOREA

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  • Oceans minister steps down over church-linked allegations

    The U.S. Federal Reserve on December 10 (local time) lowered its benchmark interest rate by 0.25 percentage points, but the decision exposed the central bank’s sharpest internal disagreement in six years, with three out of twelve voting members opposing the move.Three dissenting votes mirror 2019-level divisionThe Federal Open Market Committee (FOMC) lowered..

  • APEC finance ministers adopt ‘Incheon Plan’ for next 5 years

  • At the 32nd APEC Finance Ministers’ Meeting held in Incheon, South Korea on October 21, member economies unanimously adopted the “Incheon Plan,” a five-yea..
  • Lee vows all-out fight against speculation as housing prices surge

  • President Lee Jae-myung on October 21 ordered government ministries to mobilize “all available measures” to block speculative activities distorting the nat..
  • Democrats propose expanding Supreme Court to 26 justices

  • The Democratic Party of Korea (DPK) on Monday unveiled a sweeping judicial reform package that includes expanding the number of Supreme Court justices from..
  • Seoul, Cairo vow closer ties in economy, culture

  • President Lee Jae-myung held his first phone conversation with Egyptian President Abdel Fattah el-Sisi on Monday, commending the two nations for deepening..
  • “Buy when prices fall,” says transport vice minister

  • A senior government official has come under fire for suggesting that people should wait to buy homes until prices fall, a remark critics say shows how out..
  • Lee calls for self-reliant defense, higher budget

  • President Lee Jae-myung on Monday emphasized the need for South Korea to achieve self-reliant defense capabilities, saying he found it “hard to accept” tha..
  • Min apologizes over stock controversy, denies wrongdoin

  • Special Counsel Min Jung-gi apologized Monday for public controversy over his past personal stock transactions but denied any wrongdoing, saying the trades..
  • Special counsel names ex-spy chief as suspect

  • The special counsel investigating an alleged insurrection said it has booked Noh Sang-won, former head of the Defense Intelligence Command, as a suspect on..
  • Lee’s approval dips slightly on trade, Cambodia fallout

  • President Lee Jae-myung’s approval rating has fallen slightly to 52.2%, according to a new survey released on Oct. 20. The poll, conducted by Realmete..
  • Government pledges AI transition, industry relief measures

  • Deputy Prime Minister and Finance Minister Koo Yoon-cheol said on Oct. 20 that “the Korean economy is slowly regaining vitality after a prolonged slump,” v..
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“Hallyu ban to be removed quickly”: Hopes of thaw in Seoul-Beijing ties

· “Efforts will be made to remove Hallyu ban quickly”
· SK Group Chairman heads to Japan to soften “WD risk”

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Jang Won-young shines as BVLGARI’s holiday muse

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