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FM Cho Discusses S. Korea-US Alliance, N. Korea Issues with New UNC Commander
[Politics] : Foreign Minister Cho Tae-yul met with Xavier Brunson, the new commander of United Nations Command, Combined Forces Command, and United States Forces Korea(USFK) for a discussion on the alliance and North Korea issues. Congratulating Brunson on his inauguration at the foreign ministry on Wednesday, Cho ...[more...]
Published: 6 hours ago
CIO Fails Attempt to Raid Pres. Office, Yoon's Residence
[Politics] : The Corruption Investigation Office for High-ranking Officials(CIO) probing President Yoon Suk Yeol's alleged leading of an insurrection through martial law, failed an attempt to conduct search and seizure at the presidential office and Yoon's official residence. The CIO said it tried to raid ...[more...]
Published: 6 hours ago
Rival Parties at Odds over S. Korea's Nuclear Armament after Trump's Remarks
[Politics] : There is a growing call within the ruling party for South Korea's own nuclear armament, after U.S. President Donald Trump referred to North Korea as a nuclear power. On her social media account on Wednesday, ruling People Power Party(PPP) Rep. Na Kyung-won said it is time for the country to arm ...[more...]
Published: 6 hours ago
Parties Clash at 1st Hearing in Parliamentary Probe into Alleged Insurrection through Martial Law
[Politics] : Rival parties clashed at the first hearing of the National Assembly's special committee on a parliamentary investigation into alleged insurrection through the December 3 martial law held on Wednesday. Main opposition Democratic Party(DP) Rep. Choo Mi-ae claimed to have received information that ...[more...]
Published: 6 hours ago
Jeju Air to Temporarily Suspend Cargo Plane Operation
[Economy] : Jeju Air, which reduced passenger flights following last month's deadly plane crash to focus on bolstering passenger safety, will also temporarily suspend its cargo plane operations. According to the transport ministry, Jeju Air will not operate freighters between February 2 and March 29. Cargo ...[more...]
Published: 6 hours ago
FTC Penalties for Antitrust Violations Increase More than 26% in 2024
[Economy] : The penalties that the state antitrust agency imposed on businesses last year increased more than 26 percent from 2023. According to the corporate data research firm CEO Score, the Fair Trade Commission(FTC) levied 550-point-two billion won, or around 383 million U.S. dollars, in fines in 2024, up ...[more...]
Published: 7 hours ago
Yoon’s Team: Investigators Broke Law, Violated President’s Rights with Attempts to Force Questioning
[Politics] : President Yoon Suk Yeol’s defense team said the anti-corruption agency’s attempts to take Yoon in for questioning by force were unlawful and infringed on his rights to refuse to testify and to meet with legal counsel. In a statement Wednesday, Yun Gap-geun, one of the lawyers on the team, accused the ...[more...]
Published: 7 hours ago
Hyundai Engineering & Construction Posts First Deficit in 23 Years
[Economy] : Hyundai Engineering & Construction saw its first deficit in 23 years after suffering its worst earning shock last year due to Hyundai Engineering’s massive losses in overseas projects. The company revealed the tentative assessment Wednesday, saying it recorded an operating loss of some one-point-two ...[more...]
Published: 8 hours ago
Trump Floats 10% Tariff on China, Prompting Concern about Exports in S. Korea
[Politics] : Anchor: U.S. President Donald Trump said Tuesday that he is considering slapping an additional ten percent tariff on Chinese imports as early as next month. Economics experts told KBS World Radio News that South Korea’s export-driven economy is vulnerable to trade tensions between the world’s two largest ...[more...]
Published: 8 hours ago
Investigators Fail to Bring Yoon In for Questioning for Third Time
[Politics] : The Corruption Investigation Office for High-Ranking Officials(CIO) says its attempt to question President Yoon Suk Yeol on site or bring him to its headquarters failed for a third time on Wednesday due to Yoon’s refusal. The anti-corruption body sought to forcibly bring Yoon to its office but was ...[more...]
Published: 9 hours ago
Special Parliamentary Committee Issues Order for Pres. Yoon to Appear at Hearing
[Politics] : Anchor: The National Assembly's special committee on a parliamentary investigation into alleged insurrection through the December 3 martial law decree held its first hearing on Wednesday. After President Yoon Suk Yeol failed to appear as a witness, the committee issued an order for Yoon and six other ...[more...]
Published: 9 hours ago
KOSPI Up 1.15% Wednesday
[Economy] : The benchmark Korea Composite Stock Price Index jumped 29-point-03 points, or one-point-15 percent, on Wednesday to close at two-thousand-547-point-06. The tech-heavy KOSDAQ gained six-point-24 points, or zero-point-86 percent, to close at 732-point-31.[more...]
Published: 9 hours ago
Holiday Traffic Congestion Expected to Peak at 5 p.m. Friday
[Domestic] : Traffic congestion during the upcoming Lunar New Year holiday is expected to peak around 5 p.m. Friday, the last working day before the holiday starts. This is according to T Map Mobility and SK Telecom which jointly released their predictions on Wednesday for travel times from Seoul to major cities ...[more...]
Published: 9 hours ago
56 Pretrial Detention Warrants Issued over Court Riot
[Domestic] : Pretrial detention warrants were issued Wednesday for 56 individuals suspected of taking part in a riot over the weekend, when protesters stormed the Seoul Western District Court to protest its decision to keep President Yoon Suk Yeol behind bars. The decision follows 58 warrant hearings at the Seoul ...[more...]
Published: 9 hours ago
Births in November 2024 See Greatest Increase in 14 Years
[Domestic] : The number of babies born in November 2024 showed the largest on-year increase in 14 years, with more than 25-hundred additional babies. According to Statistics Korea’s population trend report, released Wednesday, the number of births stood at 20-thousand-95 this past November, representing an ...[more...]
Published: 9 hours ago
Acting President: Trump Policy Shift May Affect S. Korean Exports
[Politics] : Acting President Choi Sang-mok has promised swift, systematic responses to changes in U.S. policy under the second Donald Trump administration, warning that South Korea’s exports may be adversely affected. Choi made the remarks during a ministerial meeting Wednesday in which he said President Trump’s ...[more...]
Published: 9 hours ago
CIO Trying to Raid Presidential Residence, Top Office
[Politics] : The nation’s anti-corruption body is trying to raid the presidential residence and the presidential office to look for materials on President Yoon Suk Yeol’s botched martial law bid. The Corruption Investigation Office for High-Ranking Officials(CIO) said it sent investigators to the two locations ...[more...]
Published: 9 hours ago
Ex-Korea Airports Corporation Chief Found Dead at Home
[Politics] : Son Chang-wan, who headed the Korea Airports Corporation(KAC) during the 2020 renovation of the localizer at Muan International Airport, was found dead at his home on Tuesday. Police said they did not find a note at the residence in Gyeonggi Province and are investigating Son’s death. The ...[more...]
Published: 10 hours ago
2 Korean Americans Assume Deputy Assistant Secretary Posts in Pentagon, State Dept.
[International] : Two Korean Americans have been appointed to deputy assistant secretary posts in the defense and foreign policy departments under U.S. President Donald Trump. According to the Pentagon on Tuesday, John Noh was sworn in as the new deputy assistant defense secretary for East Asia, a key position concerned ...[more...]
Published: 10 hours ago
S. Korea Ranks No. 8 in Defense Technology
[Science] : South Korea ranked eighth in the world in defense technology last year. According to a triennial report by the Korea Research Institute for Defense Technology Planning and Advancement, South Korea and Japan were tied in eighth place in terms of national defense science and technology in 2024. South ...[more...]
Published: 13 hours ago
Acting President: Police to Protect Constitutional Court around the Clock
[Politics] : Acting President Choi Sang-mok said the government will strengthen security at key state institutions, including the Constitutional Court and other courts, by deploying police officials around the clock. The acting president made the announcement Wednesday during a meeting with economy-related ministers, ...[more...]
Published: 14 hours ago
Space Agency to Invest 806.4 Billion Won in R&D This Year
[Domestic] : The national space agency has announced its investment plan for this year. The Korea AeroSpace Administration said Wednesday that it will invest a combined 806-point-four billion won, or about 563-point-three million U.S. dollars, in 44 research and development projects this year. It is the first annual ...[more...]
Published: 14 hours ago
Subway Fare in Capital Region to Increase by 150 Won
[Domestic] : The local governments of Seoul, Incheon and Gyeonggi Province and the Korea Railroad Corporation(KORAIL) have agreed to raise the subway fare for the capital region by 150 won, or about ten cents. According to Seoul City on Tuesday, the local governments and KORAIL reached a tentative agreement on January 2 ...[more...]
Published: 14 hours ago
Investigators Set to Try to Bring Yoon In for Questioning after 2 Failed Attempts
[Politics] : After two failed attempts to bring in detained President Yoon Suk Yeol for questioning, the head of the Corruption Investigation Office for High-Ranking Officials(CIO) said his office will make another attempt on Wednesday, using force if necessary. CIO Chief Prosecutor Oh Dong-woon shared the information ...[more...]
Published: 15 hours ago
More than 26 Million Vehicles Registered in 2024
[Economy] : The number of registered vehicles in South Korea surpassed 26 million last year, with eco-friendly cars accounting for over ten percent of the total for the first time. According to the transport ministry on Wednesday, the total number of registered vehicles came to nearly 26-point-three million as of the ...[more...]
Published: 15 hours ago
1.3 Million People Expected to Fly Abroad during Lunar New Year Holiday
[Domestic] : About one-point-three million people are expected to fly abroad during the extended Lunar New Year holiday period. According to data presented to main opposition Democratic Party lawmaker Yeom Tae-young on Wednesday, one-point-34 million people are expected to go abroad through six international airports ...[more...]
Published: 15 hours ago
Consumer Sentiment Improves Slightly in January
[Economy] : Consumer sentiment in the country slightly improved in January but failed to recover to the levels seen before the December 3 martial law decree. According to the Bank of Korea on Wednesday, the Composite Consumer Sentiment Index(CCSI) stood at 91-point-two in January, up three points from the previous ...[more...]
Published: 15 hours ago
Anti-Corruption Body Fails to Bring Yoon In for Questioning on Second Attempt
[Politics] : The Corruption Investigation Office for High-Ranking Officials(CIO) has failed to take President Yoon Suk Yeol in for questioning on its second attempt to move him by force from where he is being held in pretrial detention. According to the anti-corruption body on Tuesday, a team of CIO investigators and ...[more...]
Published: 16 hours ago
Emergency Fine Dust Reduction Measures Expanded to 9 Cities, Provinces
[Science] : Emergency fine dust reduction measures were expanded to nine cities and provinces on Wednesday as high concentrations of fine dust continued for the third consecutive day. The environment ministry said Wednesday that the emergency measures will be in place from 6 a.m. to 9 p.m. in Seoul, Gyeonggi ...[more...]
Published: 17 hours ago
Yoon Transported to Armed Forces Hospital after Impeachment Trial Hearing
[Domestic] : President Yoon Suk Yeol was transported to the Armed Forces Hospital in Seoul after attending Tuesday’s impeachment trial hearing. A vehicle carrying Yoon, who is currently in pretrial detention, departed from the Constitutional Court in Seoul’s Jongno District at 4:42 p.m., reportedly for the Armed ...[more...]
Published: 1 day ago