Korea in Global Affairs

North Korea Posts Fastest Growth in 8 Years Despite Sanctions

North Korea's economy grew 3.7% last year, its fastest in 8 years, fueled by Russian arms deals worth $10 billion and rising trade with China, despite...

Lee Calls Won Weakness "Temporary," Cites Ample Dollar Supply

President Lee Jae-myung called the recent won-dollar surge "temporary," citing ample dollar supply from a record current account surplus, as authoriti...

Iran Strikes Israeli Soil, Blames U.S. for Renewed Fighting

Iran struck Israeli soil with ballistic missiles for the first time since the April 8 ceasefire, blaming the U.S. for renewed fighting as both sides t...

Marvell, Praised by Jensen Huang, to Join S&P 500

Marvell Technology, praised by Nvidia CEO Jensen Huang, will join the S&P 500 on the 22nd alongside Flex, with its stock tripling this year on surging...

China Approves World's First Commercial Brain Implant, Beating Musk

China's NMPA approved NEO, the world's first commercial brain-computer interface implant, beating Elon Musk's Neuralink. The BCI market is forecast to...

Chinese Warships May Win Direct Path to East Sea, Ending 1,000-km Detour

A Kim Jong-un-Xi Jinping summit could grant China sea access via the Tumen River, allowing Chinese warships direct entry to the East Sea and ending a ...

Bolton: Trump's Contradictory Decisions Fuel Nuclear Spread, Iran Regime Must Go

Former U.S. national security adviser John Bolton warned a flawed Iran nuclear deal could spark a weapons race, arguing the Iranian regime must be rem...

Thailand Scraps Daytime Alcohol Sales Ban After 54 Years

Thailand has scrapped its 54-year-old afternoon alcohol sales ban, allowing purchases from 11 a.m. to midnight nationwide effective May 29 to boost to...

China's Forex Reserves Jump to Highest in 10 Years, 6 Months

China's foreign exchange reserves rose to $3.44 trillion at the end of May, up 0.93% and the highest in 10 years and six months, while gold holdings i...

North Korea Holds Xi Welcome Ceremony at Kim Il Sung Square

Chinese President Xi Jinping visited North Korea for the first time in seven years, with Kim Jong-un holding a welcome ceremony at Kim Il Sung Square....

220,000 Flock to 'Huawei Olympics' as China Races to Draw Middle East, Africa Talent

Huawei's 10th ICT Competition drew 220,000 participants from over 100 countries to Shenzhen, as China accelerates efforts to attract Global South tale...

US Weighs Buying Strategic Chagos Islands in Indian Ocean

The US is weighing a plan to buy the strategic Chagos Islands and Diego Garcia base in the Indian Ocean from Mauritius, bypassing Britain, the Telegra...

Japan Proposes Seafood Import Talks With Korea, but Gets No Reply

Xi Lands in Pyongyang After 7 Years, Greeted by Kim and Wife

Chinese President Xi Jinping arrived at Pyongyang Sunan Airport for a two-day state visit, his first in seven years, greeted by Kim Jong-un and wife R...

Israel Strikes Iran With Missiles Despite Trump's Plea for Restraint

Israel struck Iranian military targets with missiles despite Trump's plea for restraint, escalating Middle East tensions after Iran's first ballistic ...

Trump Presses Fed for Rate Cut Ahead of Warsh's First FOMC

President Trump pressed the Fed to cut rates ahead of Kevin Warsh's first FOMC meeting, citing a strong economy, as Goldman Sachs withdrew its 2026 ra...

US House Committee Passes Bill Banning Foreign Construction of Navy Warships

The US House Armed Services Committee passed a fiscal year 2027 NDAA provision banning foreign construction of US Navy warships, potentially disruptin...

China Expands Nuclear Arsenal to 620 Warheads as Arms Race Intensifies

China expanded its nuclear arsenal to 620 warheads as of January, SIPRI reported, signaling an intensifying great-power arms race after New START's ex...

$28 for a Beer? World Cup 2026 Price Shock Sparks Backlash

World Cup 2026 prices spark backlash as stadium beer hits $18, opening match tickets reach $10,000, and host city rents soar before kickoff in North A...