Korea in Global Affairs

Dollar's Status May Weaken from War, but Yuan No Substitute: Ex-IMF Official

Former IMF Deputy Director Lee Jae-woo says the U.S.-Iran war may weaken the dollar's reserve currency status, but the Chinese yuan is unlikely to rep...

Asian Suppliers Power 90% of Nvidia's Costs, Lifting Korean Stocks

Asian suppliers now account for about 90% of Nvidia's production costs, up from 65% a year ago, lifting shares of Korean and Taiwanese tech firms incl...

Trump's Ship Rescue Gamble Reignites Tensions in Hormuz

Trump launches "Project Freedom" to rescue ships from Iran's Hormuz blockade, but Iran retaliates with missile strikes as a Korean cargo ship and UAE ...

Oil Exports Surge, U.S. Pressures Korea to Join Venezuela Mission

Trump Says Iran Attacked Korean Cargo Ship, Urges Seoul to Join Operation

President Trump claimed Iran attacked a South Korean cargo ship in the Strait of Hormuz and urged Seoul to join 'Project Liberation,' as the US milita...

ByteDance's Doubao Tests Paid Subscriptions, Ending China AI's Free Era

Wall Street Snaps Record Run as Middle East Tensions Flare

Yuan's Global Payments Triple in Five Years Amid U.S. Pressure

Yuan settlements through CIPS surged 50% in March to 1.46 trillion yuan as Iran demanded yuan payments for oil passing through the Strait of Hormuz, t...

SoftBank Backs Korean Startup's Zinc Battery to Challenge China Supply Chain

Gen Z Packs New York Churches, Reviving US Faith Scene

Weight-Loss Drugs Reshape US Bridal Gown Industry

GLP-1 weight-loss drugs like Wegovy and Saxenda are reshaping the US wedding dress industry, prompting new contract disclaimers, later purchase timing...

Japanese Civil Servant Disciplined for Reverse Workplace Harassment Against Boss

A 47-year-old Japanese civil servant in Suita, Osaka, received a three-month pay cut for "reverse power harassment" after repeatedly verbally abusing ...

Japanese Sake Brewed in Space Sells for 1 Billion Won

Dassai sake brewed aboard the International Space Station by Asahi Shuzo and Mitsubishi Heavy Industries sold for 110 million yen (about 1.03 billion ...

US Military Says Two American Commercial Ships Successfully Pass Through Strait of Hormuz

The US Central Command announced that two American commercial ships successfully passed through the Strait of Hormuz as part of Project Freedom, suppo...

US Military Says Two American Merchant Ships Successfully Pass Through Strait of Hormuz

US Central Command said two American merchant ships successfully passed through the Strait of Hormuz, marking the first step of the Liberation Project...

Iran Claims Missile Strike on U.S. Warship in Hormuz; U.S. Military Denies

Iran's Fars News Agency claims a U.S. Navy frigate was struck by two missiles in the Gulf of Oman near the Strait of Hormuz, but U.S. Central Command ...

UK Wealthy Who Fled to Dubai for Tax Relief Eye Return Amid Iran War

Wealthy Britons who moved to the UAE to escape UK tax hikes are returning home amid the U.S.-Iran war, with 30,000 leaving Dubai in April alone, a phe...

SoftBank Partners with Korean Startup Cosmos Lab for Zinc Battery Production

Japan's SoftBank will partner with Korean startup Cosmos Lab to develop and produce zinc halide batteries from 2027, targeting 100 billion yen in reve...

Xi Skips Overseas Trips as 10 World Leaders Flock to China

Chinese President Xi Jinping has made no overseas trips this year while 10 foreign leaders visited China, reflecting a shift toward "home-turf diploma...