Press Releases
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South Korea Conducts Emergency Water Assessments
(MENAFN) South Korea escalated environmental monitoring efforts Friday, conducting emergency water assessments following mounting allegations that North Korea has contaminated cross-border waterways with radioactive nuclear waste. Seoul's latest...

South Korea Faces Another Luxury Brand Cyber Attack
(MENAFN) South Korea confronted another devastating cybersecurity breach Friday as luxury retailer Louis Vuitton joined an alarming wave of high-profile data compromises, while authorities simultaneously slapped penalties on a major telecom giant...

South Korean President Approval Rating Jumps to to 65 Percent
(MENAFN) South Korean President Lee Jae Myung has seen his approval rating leap to 65%, according to a media poll released just as he enters his second month in office. The survey, conducted from July 1 to 3 among 1,001 adults, reflects growing...

South Korea's Parliament Passes Kim Min-seok’s as New PM
(MENAFN) South Korea's National Assembly officially approved Kim Min-seok's appointment as prime minister on Thursday, with 173 lawmakers voting in favor, three opposing the motion, and three ballots deemed invalid. Kim, a seasoned four-term...

South Korea’s Imported Car Market Climbs in June
(MENAFN) South Korea's imported car market saw a solid increase in sales during June, driven largely by strong demand for German luxury vehicles and U.S.-made electric cars, according to industry data released on Thursday. The number of imported...

South Korea’s Top Prosecutor Steps Down
(MENAFN) South Korea's Prosecutor General, Shim Woo-jung, has announced his resignation, approximately nine months after taking office in September of the previous year, according to multiple media outlets on Tuesday. Shim submitted his...

Ex-South Korean PM, Industry Minister Interrogated Over Martial Law Bid
(MENAFN) Former South Korean Prime Minister Han Duck-soo, alongside Industry Minister Ahn Duk-geun, appeared before a special prosecutor on Wednesday as part of an ongoing investigation into ex-President Yoon Suk Yeol's failed attempt to declare...

Ex-South Korea’s PM gets questioned over ex-leader martial law attempt
(MENAFN) On Wednesday, South Korea’s former Prime Minister Han Duck-soo and current Industry Minister Ahn Duk-geun were summoned by a special prosecutor investigating ex-President Yoon Suk Yeol’s failed attempt to declare martial law last year,...

South Korean Court Prolongs Detention of Two Military Officials
(MENAFN) A military court in South Korea extended the detention of two high-ranking military officials on Monday for their alleged involvement in former President Yoon Suk Yeol's brief attempt to impose martial law, media reported. The court in...

South Korean Military Court Extends Detention of Generals
(MENAFN) A military tribunal in Seoul on Monday prolonged the confinement of two senior South Korean military officers accused of involvement in former President Yoon Suk Yeol's brief martial law attempt, according to a news agency. The court...

Utility and Kunwha E&C Partner to Launch Clean Hydrogen Projects in South Korea
Joint development agreement to deploy H2Gen® technology for carbon-negative hydrogen from biogas, supporting Korea’s Hydrogen Economy Roadmap HOUSTON, TX, UNITED STATES, July 1, 2025 /EINPresswire.com/ -- Utility, the off-gas-to-value company...

South Korea Lending Rates Drop for Sixth Month in May
(MENAFN) South Korean bank lending rates declined for the sixth month in a row, driven by successive policy rate reductions, according to data released Monday by the Bank of Korea (BOK). In May, the weighted average interest rate on newly issued...

Samsung Postpones Completion of Texas Chip Facility as Buyers Vanish
(MENAFN) Samsung has delivered a crushing blow to US semiconductor ambitions, postponing completion of its massive Texas facility due to a complete absence of buyers for the plant's production, media reported Thursday. The South Korean technology...

South Korea’s President Calls Malaysian, Indonesian Leaders
(MENAFN) South Korean President Lee Jae Myung held individual phone conversations on Monday with Indonesian President Prabowo Subianto and Malaysian Prime Minister Anwar Ibrahim to exchange views on strengthening bilateral ties, as reported by a...

South Korea’s President Appoints Six Ministers, Two Senior Secretaries
(MENAFN) South Korean President Lee Jae-myung, who assumed office on June 4, announced the appointment of six new ministers and two senior secretaries, the presidential office confirmed Sunday. Koo Yun-cheol, previously serving as vice finance...

South Korea’s ex leader appeares before prosecutors
(MENAFN) South Korea’s ousted leader Yoon Suk Yeol appeared before prosecutors on Saturday to be questioned regarding insurrection charges tied to his controversial martial law declaration in December, as reported by local sources. Yoon arrived at...

South Korea Kicks Off Dismantling of First Nuclear Reactor
(MENAFN) South Korea officially decommissioned its first nuclear reactor on Thursday, marking a significant milestone in the nation’s energy transition. The Nuclear Safety and Security Commission (NSSC) announced the move, confirming that the full...

Support for S. Korea President rises in seconed month in office
(MENAFN) Support for South Korea’s President Lee Jae Myung has surged to 65% as he enters his second month in office, following his victory in the June 3 snap presidential election. A recent Gallup Korea poll conducted from July 1 to 3 among 1,001...

Lee Jae Myung’s Popularity Rises Sharply
(MENAFN) The approval rating of South Korea’s President Lee Jae Myung has climbed to 65 percent as he enters his second month in leadership following his election victory on June 3. According to a poll conducted by Gallup Korea, involving 1,001...

Former South Korean Leader Faces Interrogation
(MENAFN) Disgraced South Korean ex-president Yoon Suk Yeol was questioned on Saturday by a special prosecutor over insurrection allegations tied to his martial law declaration in December, as reported by local news sources. Yoon presented himself...