Articles by Yonhap
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Yoon offers to jointly discuss next year's medical budget with doctors
President Yoon Suk Yeol offered Tuesday to jointly discuss next year's medical budget with the medical community, his office said, amid a protracted walkout by junior doctors protesting an increase in the medical school enrollment quota. Yoon instructed his aides to make the proposal to the medical community after he held a meeting with medical staff at Hankook General Hospital in Cheongju, 112 kilometers southeast of Seoul, according to Lee Do-woon, senior presidential secretary for public
Politics March 26, 2024
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Doctors' group picks new leader amid tense standoff over increased enrollment quota
A major lobby group of community doctors picked a new leader Tuesday as a prolonged walkout by junior doctors over a medical school enrollment quota continued to disrupt services at major hospitals. Lim Hyun-taek, head of the Korean Pediatric Association, was elected to be the new leader of the Korean Medical Association (KMA), which represents some 100,000 community doctors. Lim won 65.43 percent of the vote in the final round of voting by members of the KMA, beating Joo Soo-ho, the chief KMA s
Social Affairs March 26, 2024
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Seoul's bus union votes to strike over wage
The labor union of city bus drivers in Seoul voted Tuesday to launch an all-out strike later this week after failing to reach a deal on wage hikes with the municipal government. The Seoul Bus Labor Union said 16,317 of its 18,133 members took part in the vote, with 98.3 percent voting in favor of the strike scheduled for 4 a.m. Thursday. The union has reportedly demanded wage increases, revision of the salary system and the abolition of wage discrimination for contract workers but has failed to
Social Affairs March 26, 2024
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N. Korea refuses all contact, including summit, with Japan
North Korea will refuse all contact with Japan, after Tokyo took issue with the problem of Japanese abductees and the North's nuclear program, the sister of North Korean leader Kim Jong-un said Tuesday. Kim Yo-jong, vice department director of the ruling Workers' Party's Central Committee, made the remark in a statement carried by the Korean Central News Agency, a day after she said Japanese Prime Minister Fumio Kishida had expressed a willingness to hold a summit with her brother
North Korea March 26, 2024
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Seoul shares close higher on robust chip stocks
South Korean stocks rose Tuesday to end a two-session losing streak buoyed by strong semiconductor shares. The local currency gained against the US dollar. The benchmark Korea Composite Stock Price Index added 19.52 points, or 0.71 percent, to close at 2,757.09. Trade volume was moderate at 439.5 million shares worth 11.9 trillion won ($8.88 billion), with gainers closely beating decliners 452 to 404. Foreign and institutional net purchases worth a combined 1.15 trillion won led the daily increa
Market March 26, 2024
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Overseas voting to kick off this week ahead of April 10 elections
Overseas voting for the April 10 general elections is set to kick off this week and run for the next six days at 220 polling stations across 115 countries, the National Election Commission said Tuesday. A total of 147,989 people are eligible for overseas voting set for Wednesday through Monday, the NEC said. Eligible voters unable to participate in the overseas voting or those wishing to cast their ballots in South Korea can do so on the voting day if they report to regional election commissions
Politics March 26, 2024
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Hotline opens to protect medical students from peer bullying
The education ministry opened a hotline on Tuesday to protect medical students wanting to return to classes from peer bullying from other students boycotting classes in protest of the government's increase of the medical school quota. The move came amid reported cases of medical students unwillingly joining the ongoing collective action of boycotting or staying away from classes due to coercion or threats of future disadvantages by protesting students or student groups. Nearly half of the c
Social Affairs March 26, 2024
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S. Korea, Malaysia to resume free trade talks
South Korea's trade ministry said Tuesday it has agreed with Malaysia to resume their bilateral free trade agreement talks that have been stalled since 2019. Trade Minister Cheong In-kyo and his Malaysian counterpart, Tengku Zafrul Aziz, made the announcement during their meeting in Kuala Lumpur, according to the Ministry of Trade, Industry and Energy. The two countries agreed to seek a bilateral FTA in 2019 but related negotiations have been stalled after holding three rounds of talks that
Foreign Affairs March 26, 2024
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Pirates' Bae Ji-hwan to begin new season on injured list
Bae Ji-hwan, the South Korean utility player for the Pittsburgh Pirates, will begin the 2024 regular season on the injured list. The Pirates finalized their Opening Day roster Monday, three days before the start of the new Major League Baseball season. Bae was not among the 26 players on the list, and the Pirates said Bae will be on the while dealing with a left hip flexor injury. The 24-year-old has not played in spring training since March 5. In 11 exhibition games, he batted .273 with an RBI,
Baseball March 26, 2024
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Police investigating message vowing to kill opposition lawmaker
Police are tracking down the writer of a message vowing to kill Rep. Ko Min-jung of the main opposition Democratic Party, officials said Tuesday. The message was posted in an online game chatroom Monday morning, vowing to kill Ko, who is seeking parliamentary reelection in her constituency of Seoul's Gwangjin district, according to the Gyeonggi Nambu Provincial Police. Police launched an investigation upon receiving a report on the threat. They plan to trace the writer by locating the IP ad
Social Affairs March 26, 2024
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Doctors' group to pick new leader amid tense standoff over increased enrollment quota
A major lobby group of community doctors is set to elect a new leader Tuesday, with a prolonged walkout by junior doctors over the increased medical school enrollment quota continuing to disrupt public health services at major hospitals. The Korean Medical Association, which represents some 100,000 community doctors, plans to announce a new chairman later in the day, a move certain to further intensify the standoff with the government. The two candidates are Lim Hyun-taek, head of the Korean Ped
Social Affairs March 26, 2024
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Seoul shares start higher despite US losses
South Korean stocks got off to a strong start Tuesday despite overnight losses on Wall Street. The benchmark Korea Composite Stock Price Index added 32.49 points, or 1.19 percent, to 2,770.06 in the first 15 minutes of trading. The US stocks lost ground Monday as investors took a breather ahead of key inflation data. The Dow Jones Industrial Average fell 0.4 percent, and the tech-rich Nasdaq Composite Index dropped 0.3 percent. In Seoul, market heavyweights led the bullish beginning. Top-cap Sam
Market March 26, 2024
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Consumer sentiment snaps 3-month rise in March amid rising prices, slumping spending
South Korea's consumer sentiment snapped an improvement for the third consecutive month in March amid soaring prices of farm goods and a slump in private spending, a central bank poll showed Tuesday. The composite consumer sentiment index stood at 100.7 this month, down from 101.9 the previous month, according to the survey conducted by the Bank of Korea. A reading above 100 means optimists outnumber pessimists. The central bank said consumer sentiment declined amid a rise in prices of agri
Consumer March 26, 2024
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S. Korean football player returns home after 10-month detention in China
South Korean football player Son Jun-ho returned home Monday after being detained in China for around 10 months, authorities here said. Son, a national team veteran who plays for Shandong Taishan in the Chinese Super League, had been held in Liaoning province since last May on alleged bribery charges. The Korea Football Association confirmed Son's release, stating that he arrived in the country through Incheon International Airport, South Korea's main gateway, west of Seoul. "We
Soccer March 25, 2024
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Seoul shares fall for 2nd day on profit-taking
South Korean stocks declined for the second straight session Monday as investors sought to cash in recent gains. The local currency fell against the US dollar. The benchmark Korea Composite Stock Price Index lost 10.99 points, or 0.4 percent, to close at 2,737.57. Trade volume was moderate at 479.9 million shares worth 9.78 trillion won ($7.23 billion), with losers outnumbering winners 527 to 336. Foreigners and institutions led the drop, dumping a combined 331.6 billion won worth of local share
Market March 25, 2024
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