The Korea Electric Power Corp. (KEPCO), South Korea's state-run utility firm, announced Thursday it plans to raise the electricity rate in the fourth quarter of 2021 to reflect the hike in the global price of resources. KEPCO said it plans to terminate the discount of 3 won ($0.0025) per kilowatt-hour, which has been applied since the first quarter, in October, effectively raising costs for households. Under the new rates, an average four-member household is expected to pay 1,050 won extra eve

South Korean President Moon Jae-in awarded posthumous medals of honor to two Korean immigrants in Hawaii Wednesday, with their descendants in attendance at the ceremony. It marked the first time that a South Korean president held a medal-awarding ceremony abroad for those recognized for independence activities during Japan's colonial rule of Korea from 1910-45, Cheong Wa Dae said. Moon bestowed the Order of Merit for National Foundation on the two late figures -- Kim No-di and Ahn Jung-song -- f

South Korean President Moon Jae-in has received the remains of 68 Korean soldiers, killed in the 1950-53 Korean War, from the United States in a ceremony in Honolulu. South Korea also handed over five sets of American service members' remains to the US during the joint repatriation ceremony held at Hickam Air Force Base in Hawaii. The Defense POW/MIA Accounting Agency (DPAA) hosted the event, along with the South Korean defense ministry's Agency for KIA Recovery and Identification, and Moon &quo