The success of Japan and South Korea at inserting language voicing concern over their currencies in a joint statement with the U.S. this week underscores the political heat they face from stiff inflation that is being aggravated by weak exchange rates.

The finance ministers of Japan, South Korea and the U.S. acknowledged “serious concerns” from Tokyo and Seoul over their respective currencies’ recent sharp weakness.

Finance Minister Choi Sang-mok stressed the need for Korea to cooperate with the United States and Japan in addressing market volatility.

The support rate for South Korean President Yoon Suk Yeol fell to its lowest since he took office in 2022 after a stinging loss in an election last week that left him in a weakened positioned for the remaining three years of his term.

South Korea's LG Electronics has raised $800 million through a dollar bond deal, according to a term sheet reviewed by Reuters.

South Korea's tech giant LG Electronics Inc. said Friday it has successfully raised a total of US$800 million in a dollar bond deal. The bonds, denominated in U.S. dollars, were issued in two tranches: a three-year bond worth $500 million and a five-year sustainability bond totaling $300

North Korea has dismantled streetlights on some of the few inter-Korean roads, highlighting a new type of hatred.

STORY: The music video for the song was aired on the state-controlled Korean Central Television on Wednesday (April 17).A live performance of the song accompanied by an orchestra and watched by Kim was also broadcast on state television as part of a ceremony on Tuesday (April 16) to mark the completion of building 10,