6 hours ago Ukrainian delegation in Seoul did not request South Korean weapons: minister

The delegation from Ukraine did not request that South Korea provide defensive weapons during a series of high-level meetings held Wednesday in Seoul. Minister of National Defense Kim Yong-hyun, who spoke with his visiting Ukrainian counterpart Rustem Umerov for 30 minutes on Wednesday, said he “did not receive any proposals” from the delegation about buying the Cheongung air defense system, as some reports had speculated. The South Korean defense minister was speaking Thursday in re

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7 hours ago Council members intentionally start fire to 'check firefighters' preparedness'

Members of the North Gyeongsang Provincial Council have come under fire for deliberately setting a rice paddy on fire, with the purpose of checking how fast firefighters would arrive on the scene. According to the local Yonhap News Agency, members of the North Gyeongsang Provincial Council's construction and firefighting committee set the field on fire at 3:40 p.m. on Nov. 18, in Sangju city, North Gyeongsang Province. A man who called the 119 emergency hotline to report the fire turned o

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10 hours ago S. Korea, US to hold tabletop exercise on nuclear deterrence next week

South Korea and the United States will hold a discussion-based exercise simulating North Korea's use of a nuclear weapon next week, Seoul's defense ministry said Thursday, as part of ongoing efforts to strengthen joint deterrence against the North's nuclear threats. Cho Chang-rae, South Korea's deputy defense minister for policy, and Cara Abercrombie, the US acting deputy under secretary of defense for policy, will lead the tabletop exercise during a two-day meeting slated fo

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27 hours ago Yonsei University to hold additional essay test amid question leak controversy

The Ministry of Education approved Yonsei University's plan to conduct an additional essay test for natural sciences applicants after the original exam -- part of the 2025 admissions cycle -- was marred by a leaked question. The decision aims to resolve ongoing legal disputes over the leak and stabilize the university’s admissions process. The additional test, scheduled for December 8, comes in response to a court ruling that suspended the results of the original exam after proctors a

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28 hours ago [Global Finance Awards] Hana Bank supports SME workers with special savings account

Hana Financial Group recently hosted a ceremony with the Korean Ministry of SMEs and Startups to celebrate surpassing 10,000 holders of its savings accounts tailored for small and medium-sized enterprise workers. Late last month, Hana Bank launched a savings program in collaboration with the ministry to support the growth of SMEs by helping their employees build a nest egg and encouraging longer tenures with their companies. Employees who deposit at least 100,000 won ($71.6) per month can receiv

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28 hours ago [Global Finance Awards] JB Financial, buoyed by upbeat earnings, readies for big leap

JB Financial Group is seeking another big leap under Chairman Kim Ki-hong who has recently been reappointed for the third term for his leadership in elevating the group’s financial stability and profitability. In the third quarter of this year, its return on equity reached 14.7 percent, reflecting a 2.6 percentage-point increase on-year. The company highlighted this as the highest ROE ratio among domestic financial holding companies, surpassing the double-digit target often regarded as a b

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