Articles by Yonhap
Yonhap
Yonhap-
S. Korea notes industry concerns over US inquiry, proposed rules on connected vehicle supply chains
South Korea has raised its automotive industry's concerns with the United States over Washington's inquiry and envisioned rules to address potential security risks from "connected vehicles" that use technology from China and other countries of concern. On April 30, the South Korean government submitted its comments to the US Department of Commerce as the department has requested public feedback on its rule-making process designed to tackle those risks stemming from supply cha
Industry May 7, 2024
-
Seoul shares open higher on US rate cut hopes
South Korean shares opened higher Tuesday, tracking overnight gains on Wall Street, as investors were buoyed by looming hopes that the US Federal Reserve may slash key rates this year. The benchmark Korea Composite Stock Price Index added 49.32 points, or 1.84 percent, to 2,725.95 in the first 15 minutes of trading. Overnight, the Dow Jones Industrial Average closed 0.46 percent higher, and the tech heavy Nasdaq rose 1.19 percent. The S&P 500 gained 1.03 percent In Seoul, top tech giant Sams
Market May 7, 2024
-
US soldier detained in Russia on charges of criminal misconduct: US Army
An American soldier was detained on charges of criminal misconduct in the Russian Far East city of Vladivostok last week while on leave after finishing his tour of duty in South Korea, officials said Monday. US Army spokesperson Cynthia Smith said that the soldier, whose name was withheld, was detained Thursday, and that the US Army notified his family of his detention. The soldier was on leave in Russia following the completion of his tour of service in South Korea, a US official told Yonhap Ne
World News May 7, 2024
-
DP to propose cash handouts as 1st bill of new National Assembly
The main opposition Democratic Party (DP) plans to propose legislation providing cash handouts of 250,000 won ($184) to the entire population as its first bill of the new National Assembly set to open later this month, its new floor leader said Monday. Rep. Park Chan-dae unveiled the plan in a radio interview with local broadcaster MBC after DP leader Lee Jae-myung asked President Yoon Suk Yeol last Monday to accept his election pledge for the cash handouts as a way to help restore the people
Politics May 6, 2024
-
S. Korea, China in final stage of talks on FM Cho's visit to Beijing
BEIJING -- South Korea and China are in the final stage of talks to set up a visit to Beijing by Foreign Minister Cho Tae-yul that will make him the first South Korean foreign minister to visit the Chinese capital in more than six years, an official said Monday. The senior official at South Korea's Embassy in Beijing made the remark to South Korean correspondents, noting that Chinese Foreign Minister Wang Yi invited Cho to visit China when they held phone talks in February. "The two co
Foreign Affairs May 6, 2024
-
Govt. asks hospitals to mitigate impact of medical professors' absence
The health ministry has asked hospitals to devise measures to minimize damage to patients from medical professors taking a collective action in support of a walkout by junior doctors protesting the increase in medical school quotas, officials said Monday. The Korean Hospital Association said the government has asked hospital chiefs to take appropriate measures for patients undergoing treatment when medical professors, who are senior doctors, resign or take a leave of absence. Medical professors
Social Affairs May 6, 2024
-
Veterans minister to visit France, Germany this week
Veterans Minister Kang Jung-ai will visit France and Germany this week to strengthen cooperation in veterans affairs with countries that participated in the 1950-53 Korean War, her office said Sunday. Kang departed for France earlier in the day for a seven-day trip that also includes a stop in Germany from Wednesday to Saturday, according to the Ministry of Patriots and Veterans Affairs. In France, she will meet Christian Cambon, a member of the French Senate, to discuss bilateral cooperation on
Defense May 5, 2024
-
Vice finance minister attends OECD meeting in Paris
First Vice Finance Minister Kim Byoung-hwan attended a ministerial meeting of the Organization for Economic Cooperation and Development (OECD) last week, Seoul's finance ministry said Sunday. During the meeting in Paris on Thursday and Friday (local time), Kim discussed global supply chains, inclusive growth and other issues, the Ministry of Finance and Economy said in a statement. On the sidelines of the meeting, Kim held separate talks with his counterparts, including Charlotte Vere of Br
Economy May 5, 2024
-
Yoon invites kids to Children's Day event
President Yoon Suk Yeol on Sunday invited hundreds of children and parents to Cheong Wa Dae, the former presidential office, to commemorate Children's Day, his office said. Yoon invited around 360 children and their families to the Children's Day event, including those from rural areas and in foster care, as well as children from multicultural families, the presidential office said. "It is always exciting to meet with children," Yoon was quoted as saying by the office. "
Politics May 5, 2024
-
40 flights canceled on Jeju Island due to bad weather
Forty flights have been canceled on the southern resort island of Jeju due to adverse weather conditions, officials said Sunday. According to officials from Jeju International Airport, 20 arrivals and 20 departures had been canceled as of noon. Strong wind warnings have been issued for the island, with an advisory for wind shear also in effect at the airport. The Korea Meteorological Administration (KMA) asked air passengers to check their flight schedules in advance as the bad weather is expect
Social Affairs May 5, 2024
-
Sales of eco-friendly cars top 100,000 in Q1 in S. Korea
Sales of eco-friendly cars surpassed 100,000 units in the first quarter in South Korea on booming demand for hybrid vehicles, industry data showed Sunday. A total of 101,727 environmentally friendly cars made by five South Korean carmakers, including Hyundai Motor Co. and Kia Corp., were sold during the January-March period, up 8.7 percent from a year earlier, according to the data. Out of this total, 85,828 units, or 84.4 percent, were hybrid cars, soaring 42.4 percent from the same period last
Mobility May 5, 2024
-
S. Korea to participate in US-led cyber exercise this week
South Korea's Cyber Operations Command will participate in a US-led multinational cyber exercise this week to strengthen its capabilities to counter malicious cyber activities, Seoul's defense ministry said Sunday, amid growing security threats from North Korea. Nine personnel from the South's military will join the Cyber Flag exercise to be held from Sunday through Saturday (local time) in the US state of Virginia, according to the defense ministry. The online exercise is designe
Foreign Affairs May 5, 2024
-
Gov't appears to shelve punitive measures against mass walkout by doctors
The government appears to have shelved a plan to take punitive measures against a protracted walkout by trainee doctors and have pulled back slightly from its plan to increase medical school admission quotas amid a standoff with major doctors' associations, according to officials Sunday. Still, the doctors' associations remained adamant over the issue and renewed their call for the government to revisit the medical reform from scratch, despite some signs of an internal split. During a
Social Affairs May 5, 2024
-
N. Korea slams US, other countries for seeking alternative to UN sanctions monitoring panel
North Korea on Sunday denounced the United States and other countries for seeking an alternative to the United Nations monitoring panel that enforced sanctions against Pyongyang, saying that such a move will be doomed to face "self-destruction." North Korean Ambassador to the UN Kim Song issued a statement condemning Seoul, Washington, Tokyo and 47 other countries for jointly calling for "objective" and "independent" analysis regarding the enforcement of anti-North
North Korea May 5, 2024
-
Combined operating profit of 7 TV home shopping channels plunges 39.6 pct last year
Seven channels selling goods on television in South Korea saw their combined operating profit plunge 39.6 percent on-year in 2023, according to industry data Sunday, hurt by intense competition with social media and livestreaming platforms. The combined operating profit of the seven TV home shopping channels stood at 327 billion won (US$241 million) last year, compared with a combined profit of 541.1 billion won in 2022, according to the data released by the Korea TV Homeshopping Association. It
Consumer May 5, 2024
Most Popular
-
1
[Weekender] Geeks have never been so chic in Korea
-
2
[News Focus] Mystery deepens after hundreds of cat deaths in S. Korea
-
3
NewJeans members submit petitions over court injunction in Hybe-Ador conflict
-
4
N. Korea says it test-fired tactical ballistic missile with new guidance technology
-
5
S. Korea's exports of instant noodles surpass $100m for 1st time in April: data
-
6
[KH Explains] Why Korea's so tough on short selling
-
7
Actors involved in past controversies return first via streaming service originals
-
8
[Herald Interview] Byun Yo-han's 'unlikable' character is result of calculated acting
-
9
US military commander in S. Korea during Gwangju uprising dies
-
10
‘Kim desperately wanted to denuclearize,’ Moon writes in memoirs