Finance Minister Lee Hyoung-il, right, shakes hands with his British counterpart, John Healey, in Bangkok, Friday. Courtesy of Ministry of Finance and Economy. Finance Minister Lee Hyoung-il called for joint efforts to address shared economic challenges, including global imbalances, during meetings of financial policymakers in Bangkok, his office said Friday. Lee attended a meeting of…
Apartments complexes in Seoul, Oct. 4 / Yonhap The Seoul city government on Friday blamed policies pursued under late former Mayor Park Won-soon for weakening the foundation for long-term housing supply in the capital. The municipality made the assessment in a report analyzing the city’s housing policies over the past 20 years, as recent shortages…
“The Palestinian question is the greatest historical injustice of this century,” China’s foreign minister said. Published On 16 Oct 202616 Oct 2026 China’s Foreign Minister Wang Yi has told Israeli President Isaac Herzog during a meeting in Azerbaijan that Israel should stop and reverse its “forced establishment” of West Bank settlements, China’s foreign ministry said…
Tourists wearing hanbok walk through Gyeongbok Palace in central Seoul, as cultural authorities launch a campaign to promote traditional Korean attire. Korea Times photo by Shim Hyun-chul On any given afternoon near Gyeongbok Palace, the open courtyards resemble a historical pageant. Swirling skirts and embroidered coats flap against centuries-old timber pillars as thousands of visitors…
The ROK Navy’s 49th Cheonghae Unit, aboard the 4,400-ton destroyer ROKS Chungmugong Yi Sun-sin (DDH-II), departs Busan Naval Base for the Gulf of Aden during a farewell ceremony, Oct. 4. Courtesy of the ROK Navy Seoul is considering expanding the operating area of its Cheonghae anti-piracy unit from the Gulf of Aden to the Gulf…
Judge fines government for failing to fund universities as protests over Milei’s cuts turn violent. Reporting from Buenos Aires Published On 16 Oct 202616 Oct 2026 “This cannot go on!” students shout during an assembly in the middle of the central hall of the University of Buenos Aires Exact and Natural Sciences building. It is…
The U.S. Capitol, as viewed from the National Mall, at blue hour in Washington, D.C., Sept. 1. Reuters-Yonhap WASHINGTON — Two U.S. senators have introduced bipartisan legislation seeking to reaffirm Washington’s “ironclad” extended nuclear deterrence commitments to South Korea and other treaty allies, amid growing nuclear threats from North Korea, China and Russia. The Reaffirming…
The Public Accounts Committee (PAC) has urged the Ghana Revenue Authority (GRA) to intensify efforts to recover unpaid taxes from public institutions and businesses cited in the Auditor-General’s reports. The committee asked the Authority to verify the amounts owed and collect outstanding payments from organisations including the Ghana Airports Company Limited, Ghana Water Company Limited…
Sunny K. Park, president of the Korean War United Nations Veterans Memorial Foundation, speaks during an interview with The Korea Times at the newspaper’s headquarters, Seoul, Monday. Korea Times photo by Shim Hyun-chul For Sunny K. Park, memories of the 1950-53 Korean War remain vivid more than seven decades later. Park, an 84-year-old Korean American…
Published On 16 Oct 202616 Oct 2026 Harare, Zimbabwe – The government is trying to persuade citizens to use its own currency more widely, with the longer-term aim of reducing reliance on the US dollar. But after years of currency instability, many remain reluctant to trust the latest attempt. The Zimbabwe Gold (ZiG), introduced in…
