Korea in Global Affairs

Ahn Says South Korea, U.S. Differ Slightly on OPCON Transfer Timing

South Korean Defense Minister Ahn Gyu-back said Seoul and Washington hold slightly different views on OPCON transfer timing, while outlining a four-st...

Trump to Push China on Market Opening, Joined by Huang and Musk

Long-Term Inflation Fears Grip Wall Street as Expectations Hit Highest Since 2022

U.S. five-year breakeven inflation rate hit 2.69%, the highest since October 2022, as oil price surges from the Iran war fuel inflation expectations a...

Hegseth Joins Trump's China Trip, First Such Visit in 54 Years

U.S. Defense Secretary Pete Hegseth joined President Trump's state visit to China, the first such accompaniment by a defense chief in 54 years since N...

Japan Posts Record 327 Trillion Won Current Account Surplus in 2024

Japan's current account surplus hit a record 34.52 trillion yen (327 trillion won) in 2024, up 15% from the prior year, driven by a trade balance rebo...

Japan's LDP Pushes New Law to Criminalize Flag Desecration

Japan's ruling LDP is pushing to establish a new "flag desecration crime" to criminalize damaging the Hinomaru, aiming to pass the bill in the current...

Chip Stocks Tumble on Inflation Fears; NY Stocks Mixed Ahead of Trump China Visit

U.S. stocks closed mixed as semiconductor shares tumbled on April CPI hitting a 3-year high of 3.8%, while investors eyed Trump's China visit and U.S....

Warsh Near Fed Helm as Tightening Odds Rise Instead of Easing

India Braces for Extreme Heat as 50 Hottest Cities Cluster in One Nation

India recorded the world's 50 hottest cities on April 27, with temperatures reaching 46.2°C in Banda. Experts warn parts of India could approach human...

"Move Your Money Now": Hacking Fears Grow After Mythos Debut

US banks are urging customers to open savings accounts as hacking fears intensify following Anthropic's Mythos AI model debut, with Treasury Secretary...

"Printing Error?" Why Black-and-White Snacks Are Spreading in Japan

Japan's Calbee will print Potato Chips packaging in black and white due to naphtha supply shortages from the Iran war, as the country relies on the Mi...

Trump Heads to Beijing as Xi Weighs Demands on Iran Cooperation

Trump visits Beijing on Nov. 13 to meet Xi Jinping for the first time in over eight years, with Iran, Taiwan, tariffs and semiconductors on the table ...

Trump Departs for China, Says No Help Needed on Iran

President Trump departed for Beijing saying he needs no help from China on Iran, warning Tehran must make a deal or be obliterated, with trade topping...

US Appeals Court Halts Ruling Against Trump's 10% Global Tariff

A US appeals court has stayed a lower court ruling that invalidated Trump's 10% global tariff, allowing it to remain in place until Section 301 tariff...

Warsh Confirmed as Fed Governor; Chair Vote Expected Thursday

The U.S. Senate confirmed Kevin Warsh as a Federal Reserve governor in a 51-45 vote, with a separate vote on his nomination as Fed chair expected Thur...

Drone Delivers Pizza From the Sky in Texas, No Landing Required

Flytrex and Little Caesars launched a drone pizza delivery service in Wylie, Texas, delivering up to two large pizzas within 6.4 km in about 4.5 minut...

Chinese Youth Flock to AI Fortune-Telling Despite Ominous Predictions

AI-powered fortune-telling is booming among Chinese youth, with DeepSeek-related hashtags topping 55 million views and the market reaching 12 billion ...

Chinese Woman Fired Over Husband's Rival Job Wins $150,000 in Damages

A Shanghai court ordered a property management firm to pay 690,000 yuan (about 150 million won) to an employee wrongfully dismissed because her husban...

eBay Rejects GameStop's $56 Billion Takeover Bid

eBay's board has rejected GameStop's $56 billion takeover proposal, citing uncertainties over financing, operational risks, and governance, Bloomberg ...