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Lawyer at center of corruption-laden development scandal released after 2-day probe

PoliticsOct 20, 2021

Prosecutors released a key partner involved in a corruption-laden urban development scandal early Wednesday after questioning him for two days, belying widespread expectations they would seek an arre...
S. Korea receives UN investment promotion award

Foreign affairsOct 20, 2021

South Korea's trade investment promotion agency has received an award from a United Nations body in recognition of best practices in promoting investment in healthcare sectors amid the COVID-19 pande...
Brokerages sharply cut Q3 earnings outlook for major listed firms

EconomyOct 20, 2021

South Korean brokerage houses have sharply lowered their third-quarter earnings outlook for major listed firms amid rising inflation and other negatives, a market tracker said Wednesday. The combine...
Chinese fishing boat sinks off S. Korea's west coast, leaving 3 unconscious, 3 missing

Social affairsOct 20, 2021

A Chinese fishing boat capsized in waters off the southwestern city of Gunsan on Wednesday, leaving three crew members unconscious and three others missing, Coast Guard officials said. According to ...
N. Korea confirms test-launch of new SLBM in state media report

North KoreaOct 20, 2021

North Korea announced Wednesday that it has successfully conducted a test-firing of a new-type of submarine-launched ballistic missile (SLBM) a day earlier. On Tuesday, South Korea's military said t...
N. Korean missile launch highlights need to engage in diplomacy: official

Foreign affairsOct 20, 2021

WASHINGTON -- North Korea's latest missile launch highlights the urgent need to engage with the reclusive state in dialogue, a senior South Korean official said Tuesday. The official also said South...
N. Korean missile launch underscores 'urgent' need for dialogue: White House

Foreign affairsOct 20, 2021

WASHINGTON -- The United States remains ready to engage with North Korea anytime and anywhere, White House Press Secretary Jen Psaki said Tuesday, adding that North Korea's missile tests underscored ...
US condemns N. Korean missile launch as threat to region: State Dept.

Foreign affairsOct 19, 2021

The US State Department on Tuesday condemned North Korea's latest missile launch as a threat to the region while urging the reclusive state to engage in dialogue. "The United States condemns the DPR...
Seoul stocks rebound on easing virus woes, stabilizing currency market

MarketsOct 19, 2021

South Korean stocks rebounded Tuesday on easing concerns about the new coronavirus and the volatility in the currency market. The Korean won rose against the US dollar. The benchmark Korea Composite...
NSC expresses 'deep regret' over N. Korea ballistic missile launch

ScienceOct 19, 2021

The National Security Council expressed "deep regret" Tuesday over North Korea's launch of a short-range ballistic missile and urged Pyongyang to return to dialogue. The council met shortly after th...
First snow of the season falls on Mount Seorak

Social affairsOct 19, 2021

The first snow of the season fell on a portion of Mount Seorak in the northeast of the country Tuesday, 15 days earlier than last year, park authorities said. Flakes began falling at about 10 a.m. a...
No notice from N. Korea on its missile launch despite daily liaison call: Seoul ministry

North KoreaOct 19, 2021

South and North Korea held their regular phone call via the liaison hotline Tuesday morning, but Pyongyang gave no prior notice of its latest missile launch, an official at Seoul's unification minist...
Military reports 8 additional coronavirus cases

DefenseOct 19, 2021

Eight Army soldiers have tested positive for COVID-19, raising the total caseload reported among the military population to 1,973, the defense ministry said Tuesday. Six trainees at a boot camp in Y...
No. of employees in food service segment rebounds amid job recovery

IndustryOct 19, 2021

The number of employees in the food service segment rebounded in April from a year earlier as the job market recovered amid the economic recovery, data showed Tuesday. The number of people employed ...
KDB issues $1.5b in global bonds

EconomyOct 19, 2021

The state-run Korea Development Bank (KDB) said Tuesday it has successfully issued $1.5 billion worth of bonds to foreign investors. The lender has sold 10-year bonds worth $300 million and 5 1/2-ye...