Articles by Yonhap
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US stresses close trilateral coordination with S. Korea, Japan over 'destabilizing' NK actions
The United States highlighted its focus on close trilateral security coordination with South Korea and Japan on Monday, criticizing North Korea's recent cruise missile launches as "deeply destabilizing." Pyongyang has conducted four rounds of cruise missile launches this year, including the test-fire of a submarine-launched ballistic missile, amid questions over how to rein in such cruise missile launches that are not subject to UN Security Council resolutions. "These kinds o
North Korea Feb. 6, 2024
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S. Korean midfielder considers pressure to win 'privilege'
As the pressure mounts on his team to end the country's decadeslong title drought at the top Asian football tournament, South Korean midfielder Hwang In-beom said Monday he wouldn't have it any other way. South Korea, world No. 23, will take on 87th-ranked Jordan in the semifinals of the Asian Football Confederation (AFC) Asian Cup in Qatar at 6 p.m. Tuesday in Qatar, or midnight Wednesday in Seoul. They are two wins away from capturing their first Asian Cup title since 1960. South Kor
Soccer Feb. 5, 2024
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Klinsmann's message to S. Korea before semifinals: 'stay relaxed'
With South Korea set to face Jordan in the semifinals of the Asian Football Confederation Asian Cup this week, head coach Jurgen Klinsmann said Monday he wants his players not to feel stressed about the occasion. "Just stay relaxed and look forward to it," Klinsmann said at his pre-match press conference at the Main Media Centre in Doha, when asked about his message to his squad. The match between world No. 23 South Korea and 87th-ranked Jordan will kick off at Ahmad bin Ali Stadium in
Soccer Feb. 5, 2024
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OECD cuts S. Korea's 2024 growth outlook to 2.2%
The Organization for Economic Cooperation and Development revised down its outlook for South Korea's economic growth this year to 2.2 percent, Seoul's finance ministry said Monday. The figure marked a 0.1 percentage-point fall from its projection of 2.3 percent made in November, according to the Ministry of Economy and Finance. The projection was on par with that of the South Korean government, though the Bank of Korea presented a 2.1 percent growth outlook for this year. The Internati
Economy Feb. 5, 2024
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Seoul shares close lower on profit taking
South Korean stocks closed lower Monday on profit taking after recent gains. The local currency fell against the US dollar. The benchmark Korea Composite Stock Price Index lost 24 points, or 0.92 percent, to 2,591.31, ending a two-day winning streak. Kospi soared nearly 5 percent over the bullish period. Trade volume was heavy at 500.2 million shares worth 12.1 trillion won ($9.09 billion), with losers closely outnumbering winners 459 to 434. Institutions sold a net 724.2 billion won worth of lo
Market Feb. 5, 2024
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N. Korea slams Seoul defense chief's anti-Pyongyang warning as 'catalyst' for clash
North Korea on Monday denounced South Korea's defense minister over his latest warning that Pyongyang will face the end of its regime in the event it wages war, calling his remark a "catalyst" for a physical clash. Minister Shin Won-sik warned on Jan. 24 that Pyongyang will face the end of its regime in the event it wages a war, hours after North Korea fired several cruise missiles into the Yellow Sea. During his visit to the 17th Fighter Wing at Cheongju Air Base, 112 kilometers
Defense Feb. 5, 2024
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Speed skater Kim Min-sun finishes 2nd in World Cup standings with silver in finale
South Korean speed skater Kim Min-sun has finished second in the World Cup standings after grabbing a silver medal in her finale in Canada. Kim finished second to Femke Kok of the Netherlands in the second of two women's 500-meter races with a time of 37.91 seconds at the International Skating Union World Cup Speed Skating at Centre de Glaces in Quebec City on Sunday (local time). Kok beat the South Korean by 0.20 second for the gold. On Saturday, it was Kim beating Kok for the gold in the
More Sports Feb. 5, 2024
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Seoul shares open lower after rally
South Korean stocks started lower Monday as investors locked in profits following a surge the previous session. The benchmark Korea Composite Stock Price Index dropped 1.32 percent, or 34.56 points, to 2,580.75 in the first 15 minutes of trading. On Friday, the Kospi soared 2.87 percent on the back of a climb in autos and techs. Market bellwether Samsung Electronics sank 1.46 percent, and its consumer electronics rival LG Electronics declined 0.51 percent. Bio shares also traded weaker, with Sam
Market Feb. 5, 2024
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Court set to rule on Samsung chief in controversial 2015 merger case
A Seoul court is set to deliver its ruling on Samsung Electronics Co. Chairman Lee Jae-yong on Monday on charges of stock price rigging and accounting fraud connected to the controversial 2015 merger of two Samsung affiliates. The Seoul Central District Court is scheduled to hold a sentencing hearing at 2 p.m. on Lee, three years and five months after the Samsung chief was indicted in connection with the merger of Cheil Industries Inc. and Samsung C&T Corp. Lee was charged with stock price r
Industry Feb. 5, 2024
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HD Korea Shipbuilding attains one-third of yearly order goal
HD Korea Shipbuilding & Offshore Engineering Co., the world's top shipyard, has already achieved nearly one-third of its yearly order target on brisk demand for green vessels, industry sources said Monday. So far this year, the shipbuilder has clinched $4.65 billion worth of orders to construct 38 ships, or 34.4 percent of its yearly target of $13.5 billion, according to the sources. In light of the faster-than-expected pace, HD Korea Shipbuilding, a subholding company of shipbuilding,
Industry Feb. 5, 2024
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Minus top defender, S. Korea looking to continue magical ride vs. Jordan in semifinals
No matter how you slice it, South Korea's run to the semifinals of the Asian Football Confederation (AFC) Asian Cup in Qatar, featuring late equalizers and a shootout win, has been an exhilarating one, certainly not for the faint-hearted. After staving off elimination with last-gasp goals in back-to-back matches, the Taegeuk Warriors will try to extend their magical run toward their first Asian Cup title since 1960, when they take on Jordan in the semifinals this week. South Korea, ranked 2
Soccer Feb. 4, 2024
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Yoon records New Year's interview with KBS amid first lady controversy
President Yoon Suk Yeol on Sunday recorded a New Year's interview with public broadcaster KBS, his office said, as all eyes are on what he will say regarding allegations his wife accepted a luxury handbag as a gift in 2022. The filming took place at the presidential office in Seoul, the office said in a notice to reporters, without elaborating. The interview will reportedly air on KBS on Wednesday, two days before the start of the Lunar New Year holiday. Pressure has mounted on Yoon to addr
Politics Feb. 4, 2024
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Govt. expected to announce medical school quota hikes this week
The government is likely to announce an increase in the medical school enrollment quota this week to address the shortage of doctors in remote areas and essential medicine despite strong opposition from the medical circle, officials said Sunday. If decided, it will be the first hike of the medical school enrollment quota in 19 years. The current limit stood at 3,058. The government has reportedly been looking to raise the annual enrollment quota at medical schools by as much as 2,000 from the cu
Politics Feb. 4, 2024
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2 firefighters laid to rest at national cemetery
A funeral was held Saturday for two firefighters who died during a mission earlier this week to search for victims at a burning meat processing factory in the central city of Mungyeong. The two firefighters -- Kim Soo-kwang, 27, and Park Soo-hoon, 35 -- were laid to rest at Daejeon National Cemetery as their families and around 100 colleagues observed the funeral procession in deep sorrow and tears. Kim and Park were searching for possible victims at the fire scene in Mungyeong, 140 kilometers s
Social Affairs Feb. 4, 2024
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S. Korea summons Russian ambassador over commentary on Yoon's remark
South Korea's foreign ministry on Saturday summoned the top Russian envoy to Seoul to protest a recent statement by a Russian foreign ministry official on President Yoon Suk Yeol's view of the North Korean regime. On Wednesday, Yoon described North Korea as the only country in the world to legalize the preemptive use of nuclear weapons as tensions escalated over a series of weapons tests by the North since the start of the year. Russian foreign ministry spokesperson Maria Zakharova cr
Foreign Affairs Feb. 3, 2024
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