Articles by Yonhap
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N. Korea says it newly developed shells for multiple rocket launcher
North Korea said Monday it has newly developed controllable shells for a multiple rocket launcher and its ballistic control system as part of its push to expand its weapons arsenal. The Academy of Defence Science conducted a test firing of 240 mm-caliber controllable multiple rocket launcher shells on Sunday in a bid to evaluate their accuracy and prove their advantages, according to the Korean Central News Agency. "The development of 240 mm-caliber controllable multiple rocket launcher she
North Korea Feb. 12, 2024
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Doctors vow massive rallies this week against med school quota hikes
Doctors will hold massive rallies across the nation this week in protest of the government's planned hike in the enrollment quota for medical schools amid a looming strike feared to affect the health service, officials said Sunday. The Korean Medical Association (KMA), a major lobby group for doctors, said it will hold protests nationwide Thursday as a first collective action after the entity went into emergency mode in response to the government's decision to boost the number of medic
Social Affairs Feb. 12, 2024
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EVs take up 9.3 percent of newly purchased cars in 2023
Electric cars accounted for 9.3 percent of newly purchased cars in South Korea last year, data showed Monday, hovering above that of other major counterparts, including the United States and Japan. The electric vehicles (EVs) took up 162,507 of 1.74 million cars sold in South Korea in 2023, according to the data compiled by the Ministry of Land, Infrastructure and Transport. The ratio marked a significant rise from just 1.9 percent tallied in 2019. The figure, however, fell slightly from 9.7 per
Mobility Feb. 12, 2024
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S. Korean swimmer Kim Woo-min captures world title in men's 400m freestyle
South Korean swimmer Kim Woo-min has grabbed the gold medal in the men's 400-meter freestyle at the ongoing world championships in Qatar, becoming the country's world swimming champion in 13 years. Kim won his monumental gold medal with a personal-best time of 3:42.71 at Aspire Dome in Doha on Sunday (local time) at the World Aquatics Championships. Kim held off the 2022 world champion, Elijah Winnington of Australia, by 0.15 second. Lukas Martens of Germany, the bronze medalist at the
More Sports Feb. 12, 2024
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Social media use leaps, reading volume declines among 20-year-olds in past decade: report
Twenty-year-olds spend much more time on social media now than the same age group a decade ago, whereas their monthly reading time declined, a report showed Monday. The Korean Educational Development Institute surveyed 5,705 people who turned 20 in 2021, and about 23 percent of them said they use social media for an average of three to five hours a week, while about 17 percent said they use social media for about six to 10 hours. In a similar survey, only 6.7 percent of the 4,850 people who turn
Social Affairs Feb. 12, 2024
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Thingsflow's AI chatbot becomes global featured on Google Play
An artificial intelligence chatbot developed by Thingsflow, a South Korean startup, has been selected as Global Featured on Google Play for the first time as a Korean chatbot service, according to the company Sunday. Thingsflow's Hellobot is a first-generation AI chatbot platform where anyone can easily create and distribute chatbots with unique expertise, such as love tarot, personality and psychological analysis, fortune telling and others. With the selection as Global Featured on Google
Industry Feb. 11, 2024
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Foreign investors rack up S. Korean stocks on rally
Foreign investors have been active in the South Korean stock market over the past two weeks, contributing to the recent rally in the main KOSPI index, data showed Sunday. Offshore investors scooped up a net total of 5 trillion won ($3.75 billion) worth of local shares from Jan. 29 to Feb. 8, according to the data from the Korea Exchange. Over the same period, the KOSPI rose 5.71 percent to close at 2,620.32 points, while the financial authorities announced plans to boost undervalued stocks. Hyun
Economy Feb. 11, 2024
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S. Korea's coffee imports top $1 bln for 2 yrs in row
South Korea's imports of coffee topped $1 billion for two straight years on its growing popularity here, customs data showed Sunday. The combined value of imported green and roasted coffee beans reached $1.11 billion in 2023, compared with $1.3 billion a year ago, according to the data from the Korea Customs Service. Last year, the country imported 193,000 tons of coffee, down from 205,000 tons a year ago. South Korea's coffee imports had been on a steady rise since 2018 as an increasi
Industry Feb. 11, 2024
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Top 0.1 pct of wage earners in Seoul made average 1.4 bln won in 2022
The top 0.1 percent of wage earners in Seoul made an average of 1.4 billion won ($1.05 million) in 2022, triple the amount earned by the same cohort in Gangwon Province, data showed Sunday. According to the data compiled by the National Tax Service and released by Rep. Yang Kyung-sook of the main opposition Democratic Party, there were 6,213 people in the top 0.1 percent wage bracket in Seoul. The southern island of Jeju came second with 1 billion won, followed by Gyeonggi Province with 950 mill
Social Affairs Feb. 11, 2024
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N. Korea sets sights on Fourth Industrial Revolution technology
North Korea appears to be setting its sights on Fourth Industrial Revolution technology, such as artificial intelligence, in a bid to explore ways to expand its applications. The Rodong Sinmun, North Korea's main newspaper, reported Dec. 24 that global competition for science and technology has been intensifying, citing efforts to apply AI to the education sector and the increased use of virtual reality (VR) and augmented reality (AR) technology. The Korean Central Broadcasting Station, the
North Korea Feb. 11, 2024
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Unification minister vows to push for reunion of separated families despite N. Korean provocations
South Korea's point man on North Korea said Saturday the government will keep pushing for the reunion of families separated by the 1950-53 Korean War, saying Pyongyang's provocations will not deter Seoul's drive. Kim made the remark after attending an annual gathering of separated families and others who were born in North Korea but ended up south of the border following the war. To mark the Lunar New Year, they came to pay their respects to their ancestors and family members in N
North Korea Feb. 10, 2024
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US envoy for NK human rights to visit S. Korea, Japan this month
The US special envoy for North Korean human rights will visit South Korea and Japan this month to mark the 10th anniversary of the release of a landmark UN report on the North's rights violations, the State Department said Friday. Ambassador Julie Turner's two-nation trip from Monday through Feb. 22 comes as activists and government officials in Seoul and Washington have paid renewed attention to the 2014 UN Commission of Inquiry (COI) report that accused North Korean officials of &quo
North Korea Feb. 10, 2024
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S. Korea may face outflow of foreign investment if US delays rate cuts: report
South Korea may face an outflow of foreign investment from its financial market should the widely anticipated US rate cuts be further delayed, according to a report Saturday. The report from the Korea Center for International Finance (KCIF) noted that current conditions remained favorable for a steady rise in foreign investment, citing the upcycle in the semiconductor industry. "Favorable conditions for an inflow of foreign capital have been created for now, considering the shift in global
Economy Feb. 10, 2024
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Soju exports surpass $100 mln for 1st time in 10 yrs: data
Exports of soju, distilled Korean liquor, topped $100 million for the first time in 10 years in 2023, data showed Saturday. According to the Korea Customs Service, outbound shipments of soju reached $101.4 million in 2023, an increase of 8.7 percent from 2022. The last time soju exports surpassed $100 million was in 2013. Soju is a distilled liquor made of ethyl alcohol and water, with the addition of sweeteners. An industry source said soju sold overseas had been mostly consumed by South Korean
Industry Feb. 10, 2024
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Traffic building up on highways as people travel on Lunar New Year
Traffic on major highways began to build up across South Korea on Saturday morning as millions of people hit the road on the Lunar New Year. This year's holiday began Friday, marked by the traditional exodus of people from Seoul and its surrounding areas to their hometowns. On the second day of the long weekend Saturday, more people headed out of the capital region, while others were making their way back to Seoul. According to the state-run Korea Expressway Corp., a drive from Seoul to the
Social Affairs Feb. 10, 2024
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