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Iran, South Korea agree on mechanisms for release of assets: Zarif
Tehran and Seoul have achieved a consensus about mechanisms to unfreeze the Iranian funds, said the Iranian foreign minister.
A year into pandemic, new school year starts in South Korea amid hopes, concerns
South Korean schools opened for the new school year on Tuesday amid a mix of anxiety and hopes, as the country is still fighting against the third wave of the pandemic, but much-anticipated vaccinations have finally begun.
Portion of male births of newborns in South Korea hit record low last year
The portion of male births of the total newborns in South Korea declined to a record low last year, data showed on Monday, in the latest sign that traditional preference for male children has waned.
Seoul to release Iran’s frozen assets based on requested items
The head of Iran-South Korea Joint Chamber of Commerce said on Saturday that Seoul is supposed to pay Iran’s frozen funds based on the items requested by Iranian officials.
Zarif urges South Korea to provide Iran with access to blocked money
Iran’s Foreign Minister Mohammad Javad Zarif in a phone call with his South Korean counterpart on Wednesday said that over the past two and a half years Tehran-Seoul relations have been influenced by South Korea's “illegal” measures, urging Seoul to immediately change its approach toward releasing Tehran’s frozen assets.
Iran’s top banker threatens legal action against South Korea
Iran’s Central Bank Governor Abdolnaser Hemmati said the country reserves the right to take legal action against the freeze of its funds in South Korea.
Coast Guard seizes 105b won worth of cocaine from ship in South Korea
The Coast Guard has seized 35 kilograms of cocaine from a container ship in the southern port city of Busan, officials said on Saturday.
South Korea finalizing talks with US on using Iran's frozen money to pay UN dues: official
South Korea is finalizing talks with the United States about using some of Iran's money frozen in Seoul under US sanctions to pay Tehran's UN dues in arrears, a South Korean Foreign Ministry official said Wednesday.
South Korea, Cambodia strike free trade deal for broader economic cooperation
South Korea said on Wednesday it has clinched a free trade deal with Cambodia, the latest in a series of its free trade pacts to revitalize its ailing exports amid the new coronavirus pandemic.
Iran gives permission to crew of detained South Korean tanker to leave
Iran has agreed to allow the crew members of a South Korean vessel it seized for environmental pollution to leave the country, Iranian Foreign Ministry spokesman Saeed Khatibzadeh said on Tuesday.
South Korea consumer prices grow at less than 1% for 4th month in Jan.
South Korea's consumer prices grew by less than one percent for the fourth straight month in January, data showed Tuesday, indicating that the country's inflationary pressure remains low amid the pandemic.
Iranian MP: Unfreezing funds may lead to South Korean ship release
A move by South Korea toward releasing $7 billion in frozen Iranian funds may affect Iran’s Judiciary’s decision to resolve the seizure of a Korean ship being held for environmental pollution, a senior Iranian lawmaker said.
South Korea sees one of strongest recoveries among major economies
President Moon Jae-in expects South Korea’s economy to rebound to pre-pandemic levels in the first half of the year, saying it will have one of the strongest recoveries among major economies.
Adorable clingy baby panda refuses to let go of zookeeper’s leg in South Korea
Meet Fu Bao — the adorable baby panda who absolutely will not leave her zookeeper alone.

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