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The Korea Times

Int'l Memorial Day for UN Korean War veterans to be held in Busan

An annual international commemoration will take place in the South Korean city of Busan later this week to remember U.N. veterans fallen during the 1950-53 Korean War, the veterans ministry said Tuesday. The International Memorial Day for U.N. Korean War Veterans is scheduled to be held at the U.N. Memorial Cemetery…

The Korea Times

The meaning of US midterm elections

The resounding defeat of Republicans in the midterm elections has reshaped the political dynamics of the United States. It has also raised questions about what this shift in political power means for agreements Korea concluded with the Donald Trump administration. In the short term, the only certainty is that the…

The Korea Times

TXT to turn Lotte World into 'Magic Land' for 1,000 fans

K-pop group TOMORROW X TOGETHER (TXT) is taking over Seoul’s Lotte World Adventure later this month, shutting down the theme park to host an exclusive comeback celebration for 1,000 fans. The five-member group announced Monday that it will host “TOMORROW X TOGETHER in MAGIC LAND” on Nov. 30 to celebrate the release of…

The Korea Times

Top diplomats of Korea, France discuss ties, Ukraine war

Foreign Minister Cho Hyun has met his French counterpart in Paris and discussed bilateral ties and international issues, including the war in Ukraine, Seoul's foreign ministry said Tuesday. Cho held talks with French Foreign Minister Jean-Noel Barrot on Monday (local time) on the sidelines of a Group of Seven (G7)…

The Korea Times

Korea, US hold combined air resupply exercise for wartime readiness

Korea and the United States conducted Tuesday a combined aerial resupply exercise aimed at bolstering their capabilities for rapid airborne logistics supply in wartime scenarios, the allies' combined forces said. The exercise, led by the Korea-U.S. Combined Forces Command (CFC), is designed to maintain rapid aerial…

The Korea Times

Seoul shares open sharply higher on US tech rally, falling oil prices

Korean stocks started sharply higher Tuesday following overnight Wall Street gains driven by hopes for diplomatic talks aimed at ending the U.S.-Iran war, which led to a drop in oil prices amid a scandal swirling around Nvidia CEO Jensen Huang. The benchmark Korea Composite Stock Price Index (KOSPI) gained 275.50…

The Korea Times

KRX activates buy-side sidecar for KOSPI on sharp rise

Korea's bourse operator on Tuesday activated a buy-side sidecar for the benchmark Korea Composite Stock Price Index (KOSPI) as the stock index rose sharply. Program trading for the KOSPI-listed shares was suspended for five minutes at 9:06 a.m., according to the Korea Exchange (KRX). After opening 4.55 percent higher…