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News
Minister: Gov't to Seek Finalization of US Investment Deal This Week
13+ hour, 58+ min ago (108+ words) [Politics]: Industry Minister Kim Jung-kwan says South Korea will seek to finalize a deal with the United States this week on its pledged investment project in America under a trade pact last year to secure lower tariffs. Kim, who returned…...
Unionized Workers of Seoul's Intracity Buses Vote to Strike for Higher Wages
2+ day, 8+ hour ago (103+ words) [Domestic]: Unionized workers of Seoul's intracity buses voted to launch a strike to demand for a wage increase. The union said that of its 18-thousand-296 members, 16-thousand-716 of them cast their ballot on Friday, with 96-point-25 percent of them voting…...
President Lee to Host First S. Korea-Central Asia Summit Next Week
3+ day, 4+ hour ago (102+ words) [Politics]: President Lee Jae Myung will host the first South Korea-Central Asia summit on Wednesday. Presidential spokesperson Kang Yu-jung said in a statement on Friday that the summit is an important starting point to broaden South Korea’s diplomatic horizons at…...
KOSPI Down 1.76% Friday
3+ day, 6+ hour ago (89+ words) [Economy]: The benchmark Korea Composite Stock Price Index dropped 124-point-01 points, or one-point-76 percent, on Friday to close at six-thousand-909-point-91. The tech-heavy KOSDAQ lost 16-point-28 points, or one-point-95 percent, to close at 820-point-64. The South Korean won weakened against…...
Second S. Korean Disaster Relief Team to Aid Recovery Efforts in Flood-Devastated Nepal
3+ day, 9+ hour ago (104+ words) [International]: Anchor: It’s been 16 days since massive floods devastated the Nepal-Tibet border region. The death toll from this tragedy has risen to over 13-hundred, with nearly five-thousand missing. As Nepal’s government ramps up recovery efforts, South Korea has sent another…...
DP Chief Kim Min-seok Sticks by Nomination of Kim Seung-won as Justice Minister
3+ day, 8+ hour ago (104+ words) [Politics]: Ruling Democratic Party chief Kim Min-seok has stuck by the nomination of Rep. Kim Seung-won, who is under fire for alleged illegal lobbying, as justice minister. The party chief said during a Supreme Council meeting on Friday that the…...
US Agency Ready to Excavate Remains of American Service Members in N. Korea
3+ day, 11+ hour ago (103+ words) [International]: The U.S. agency that handles the recovery and identification of American service members who remain unaccounted for after past conflicts says it’s ready to send personnel to North Korea to excavate the remains of missing U.S. soldiers once certain conditions…...
Exports Reach New High of US$34.97 Bln in First 10 Days of September
3+ day, 12+ hour ago (109+ words) [Economy]: South Korea's exports reached a new high during the first ten days of September, surging more than 80 percent year-on-year, fueled by a sustained increase in semiconductor deliveries. Provisional data from the Korea Customs Service on Friday showed exports rose…...
Police Launch Investigation into Nominee's Alleged Solicitation for Clinial Trial Approval
3+ day, 12+ hour ago (105+ words) [Politics]: Police have launched an investigation into allegations that Justice Minister nominee Kim Seung-won had solicited state approval for a clinical trial of a COVID-19 treatment drug in 2021. The Seoul Yeongdeungpo Police Station on Friday is set to question Lee…...
KOSPI Opens 3.29% Lower on Friday
3+ day, 13+ hour ago (88+ words) [Economy]: The benchmark Korea Composite Stock Price Index fell 231-point-42 points, or three-point-29 percent, on Friday to open at six-thousand-802-point-five. The tech-heavy KOSDAQ dropped 20-point-one points, or two-point-39 percent, to 816-point-91 as of 9 a.m.[more...] KOSPI Opens 3.29% Lower on Friday…...