South Korea

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 2020-11-23 17:22 

Yonhap News

(URGENT) Biden taps Tony Blinken as new secretary of state...
 2020-11-23 17:21 

Korea Herald

S. Korea's consumer sentiment gains for 2nd month in November...

South Korea's consumer sentiment rose for the second consecutive month in November, as the economic outlook improved amid relaxed social distancing measures, central bank data showed Tuesday. The composite consumer sentiment index (CCSI) came...

 2020-11-23 17:16 

Korea Herald

Inje Icefish Festival canceled due to pandemic...

The Inje Icefish Festival -- one of the most popular winter festivals in South Korea -- will not be held next year as the third wave of COVID-19 pandemic has hit the country. The annual winter festival held in Inje, a mountainous county in...

 2020-11-23 17:15 

Korea Herald

SK to invest W2.1tr in local infra project by 2025...

A consortium of two SK Group affiliates will invest 2.1 trillion won ($1.9 billion) in data centers and a startup cluster in South Korea's southwest industrial complex by 2025, the transport ministry said Tuesday. The consortium of SK E&S Co. an...

 2020-11-23 17:15 

Korea Herald

English book on modern art pioneer Yoo Young-kuk to be released December...

The first comprehensive book in English on South Korea's modern artist Yoo Young-kuk, a pioneer of Korea's abstract art, will be published in December by Rizzoli New York, introducing the artist's philosophy and Korean art history o...

 2020-11-23 17:08 

KBS World

S. Korean Stocks Hit Record High for Second Straight Day...

[Politics] : Anchor: South Korean stocks renewed its all-time high again on this Tuesday for a second straight day. Trading was buoyed by investor optimism fueled by positive news regarding COVID-19 vaccines and political developments in the United States...

 2020-11-23 17:08 

KBS World

Parliamentary Subcommittee Passes Revisions to NIS Act...

[Politics] : A bill seeking revisions to the National Intelligence Service(NIS) Act was passed at the subcommittee of the National Assembly's Intelligence Committee on Tuesday. The passage came after ruling Democratic Party(DP) members of the Intellig...

 2020-11-23 17:04 

Korea Herald

Seoul stocks close at all-time high on extended foreign buying...

South Korean stocks extended their winning streak to a fifth day, finishing at an all-time high Tuesday on hopes of an economic recovery and new coronavirus vaccine development. The Korean won fell against the US dollar. The benchmark Korea Co...

 2020-11-23 17:01 

Korea Herald

Cafes, movie theaters adjust to new social distancing rules...

South Koreans in the greater capital area were forced to adjust to toughened social distancing rules Tuesday as cafes banned indoor seating and moviegoers were told to eat popcorn outside theaters. The new Level 2 guidelines took effect at the start...

 2020-11-23 17:01 

Korea Herald

Experts propose home care for mildly ill COVID-19 patients...

South Korea's public health experts called for shifts in the nation's pandemic response to better deploy limited health care resources, as another coronavirus bed shortage crisis looms in Seoul. Doctors at the National Medical Cente...

 2020-11-23 17:01 

KBS World

Pres. Moon Urges Public to Unite Again to Combat COVID-19...

[Domestic] : President Moon Jae-in has urged the public to, once again, unite efforts so that the COVID-19 pandemic situation stabilizes in the nation. Moon made the call in a message posted on his social media Tuesday with regard to the social distancing...

 2020-11-23 16:55 

Korea Herald

Moon requests public support for antivirus campaign, says sorry for fallout from social distancing rules...

President Moon Jae-in appealed to the public Tuesday to continue supporting the government's fight against the rapid spread of COVID-19. He posted the message on his Facebook and Twitter accounts, as tougher social distancing restrictions took effec...

 2020-11-23 16:49 

Korea Herald

[News Focus] Jeju has highest proportion of registered foreign residents for 4th year...

SEJONG -- The number of foreigners per 1,000 population in South Korea reached the all-time high of 24.53 at the end of 2019, data held by Statistics Korea showed. The figure was based on the number of registered foreign residents, 1.27 million, of...

 2020-11-23 16:48 

Korea Herald

Top prosecutor's mother-in-law indicted over medical law violation, fraud...

The prosecution on Tuesday indicted the mother-in-law of Prosecutor General Yoon Seok-youl on charges of violating the medical law and fraud. Prosecutors believe the 74-year-old woman, surnamed Choi, established a medical foundation to run a long-te...

 2020-11-23 16:42 

Korea Herald

[Newsmaker] KCTU to launch nationwide strike Wednesday amid COVID-19 resurgence...

The largest umbrella labor group in South Korea is sticking to its plans to launch a general strike and nationwide rallies Wednesday, despite warnings from authorities about the COVID-19 situation. The Korean Confederation of Trade Unions said Tues...

 2020-11-23 16:39 

KBS World

KOSPI Ends Tuesday Up 0.58%...

[Economy] : The benchmark Korea Composite Stock Price Index(KOSPI) rose 15-point-17 points, or zero-point-58 percent, on Tuesday, to close at two-thousand-617-point-76.The tech-heavy KOSDAQ fell, however, losing one-point-19 points, or zero-point-14 perce...

 2020-11-23 16:37 

KBS World

Biden Nominates Antony Blinken as Secretary of State...

[Politics] : Anchor: U.S. President-elect Joe Biden nominated former Deputy Secretary of State Tony Blinken as his first secretary of state. Jake Sullivan, a senior policy adviser to former Secretary of State Hillary Clinton, was named the new national se...

 2020-11-23 16:37 

Korea Herald

Sunwoo Yekwon shares his 'Mozart soul' through new album...

Though more often associated with the names of Romantic composers -- Chopin, Schumann and Schubert, for example -- pianist Sunwoo Yekwon hopes to share the Mozart side of himself through a new album. Concert pianist Sunwoo Yekwon, 31, who rose to g...

 2020-11-23 16:32 

Korea Herald

Blinken likely to pursue multilateral, step-by-step approach on NK...

US President-elect Joe Biden named Tony Blinken, his closest foreign policy adviser who also served as deputy secretary of state in the Obama administration, as his secretary of state, drawing attention to how he will go about dealing with North Kore...

 2020-11-23 16:26 

Korea Herald

Daewoo Shipbuilding develops AI-based welding quality tester...

Daewoo Shipbuilding & Marine Engineering Co. said Tuesday it has developed an artificial intelligence (AI) welding quality monitoring robot for the first time in the shipbuilding industry. The robot inspects the welded parts of ships and offsho...

 2020-11-23 16:23 

KBS World

S. Korea Reports 349 New COVID-19 Cases amid Strengthened Social Distancing...

[Domestic] : Anchor: The number of COVID-19 cases has exceeded the daily tally of 300 yet again as the nation started enforcing Level Two social distancing regulations for the greater Seoul area. Prime Minister Chung Sye-kyun says the government will conc...

 2020-11-23 16:15 

Korea Herald

Kospi's record-high rally continues on virus vaccine, recovery hopes...

South Korea's main bourse extended record-setting rallies for the second consecutive session Tuesday, setting a fresh high on hopes of an economic recovery and new coronavirus vaccine development. Kospi was trading at 2,614.52 as of 2 p.m. --...

 2020-11-23 16:06 

KBS World

'Minari' Wins Two Honors at Denver Film Festival...

[Culture] : The film "Minari" by director Lee Isaac Chung won two awards at the Denver Film Festival, taking home the Audience Award and Best Actor for Korean American Stephen Yeun, according to the film's distributor Pancinema on Tuesday."...

 2020-11-23 16:05 

KBS World

Japan Appoints New Director-General of Foreign Ministry's Asian Affairs Bureau...

[Politics] : Japan has appointed a new director-general of the Foreign Ministry's Asian and Oceanian Affairs Bureau. According to Kyodo News on Tuesday, Takehiro Funakoshi, the deputy director-general of the ministry's Foreign Policy Bureau will b...

 2020-11-23 15:54 

Korea Herald

Korea Shipbuilding wins nod for SOFC power system from DNV-GL...

Korea Shipbuilding & Offshore Engineering Co. said Tuesday it has obtained an approval for the design of a fuel cell-based power system for ships from DNV GL, a Norwegian-German ship quality assurance company. The power system based on the soli...

 2020-11-23 15:53 

Korea Herald

LG Electronics sponsors cholera inoculations in Ethiopia...

LG Electronics said Tuesday that it will back a project by the International Vaccine Institute to provide free cholera vaccinations for some 40,000 people in Ethiopia for three years starting in 2021. LG Electronics and IVI will also establish a di...

 2020-11-23 15:52 

KBS World

Police Call for Caution as Eased Regulations on E-Scooters Set to Take Effect...

[Domestic] : Police in South Korea called for public caution regarding e-scooters, as eased regulations on the use of the mobility device are set to take effect on December 10.The Korean National Police Agency on Tuesday urged users of e-scooters and othe...

 2020-11-23 15:50 

Korea Herald

'N. Korean who jumped border fence into South was gymnast'...

A North Korean man who fled here early this month said he used to be a gymnast and was able to jump over the 3-meter fences along the inter-Korean border, a Seoul official familiar with the matter said Monday. The man, reportedly of small stature an...

 2020-11-23 15:42 

KBS World

Prosecutors Indict Mother-in-Law of Prosecutor General on Fraud Charges...

[Domestic] : Seoul prosecutors on Tuesday indicted without physical detention the mother-in-law of Prosecutor General Yoon Seok-youl on fraud charges and violations of the nation's medical law. Prosecutors believe that Yoon's mother-in-law, surnam...

 2020-11-23 15:40 

Korea Herald

'Minari' wins Audience Award at Denver Film Festival 2020...

Director Lee Isaac Chung's "Minari" won the Audience Award at Denver Film Festival 2020. With films such as "Green Book," directed by Peter Farrelly, and "Three Billboards Outside Ebbing, Missouri," directed...

 2020-11-23 15:26 

Korea Herald

NH Financial chief set to resign to lead federation of Korean banks...

NH Financial Group Chairman Kim Kwang-soo is likely to offer resignation soon as he was named the sole candidate to represent the nation's largest bankers' club, according to reports quoting insiders said Tuesday. On Monday, board member...

 2020-11-23 15:22 

Korea Herald

Major firms' Q3 overseas sales inch up despite pandemic...

Major South Korean companies saw their overseas sales inch up in the third quarter of the year despite the coronavirus pandemic, data showed Tuesday. Combined overseas sales of the country's top 100 firms by revenue totaled 181.9 trillion won ($164...

 2020-11-23 15:22 

Korea Herald

Nighttime bus services reduced; Daycare centers closed in Seoul...

Level 2 social distancing measures were restored in the capital region beginning Tuesday, but Seoul has enacted its own, tighter rules through the rest of the year. In what the city government called an "emergency standstill," nighttime...

 2020-11-23 15:11 

KBS World

Household Credit Breaks Record in 3Q amid COVID-19, Surging Home Prices...

[Economy] : South Korea's household credit broke another record for the third quarter due to the COVID-19 pandemic, also driven by a rise in banks' home-backed loans.According to the latest data from the Bank of Korea(BOK) on Tuesday, household cr...

 2020-11-23 15:01 

Korea Herald

[HERALD INTERVIEW] S. Korea vows to open an era of 'digital IP': IP office chief...

In line with the digitalization of industries accelerated by the COVID-19 pandemic, the chief of the nation's intellectual property office vowed Tuesday to "open an era of digital IP" via systemic upgrades. "In order to reso...

 2020-11-23 14:59 

Korea Herald

Porsche Korea opens first Porsche Dream Circle student education project...

Porsche Korea said Tuesday it opened the first Porsche Dream Circle, a student education program promoting the value of sustainability in the environment, at an elementary school in Gyeonggi Province. According to the automaker, the new project is...

 2020-11-23 14:55 

Korea Herald

Doosan Infracore to invite final bidders...

South Korean construction equipment maker Doosan Infracore Co. invited final bidders Tuesday, a development that would help stave off a liquidity crisis at its parent Doosan Group, industry sources said. Potential bidders will compete to acquire th...

 2020-11-23 14:50 

Korea Herald

Samsung takes one-third of global TV market in Q3: report...

Samsung Electronics Co. remained the world's leading TV vendor in the third quarter of the year, a report showed Tuesday, as it accounted for one-third of the market amid the pandemic. The South Korea tech giant had a all-time high of 33.1 percent...

 2020-11-23 14:42 

Korea Herald

GSA ascertains Joe Biden as apparent winner of US election: transition team...

WASHINGTON -- The US General Services Administration (GSA) on Monday ascertained Joe Biden and his running mate, Kamala Harris, as the apparent winners of the US presidential election, Biden's transition team said. "The GSA Administrator has as...

 2020-11-23 14:38 

Korea Herald

One additional nat'l football team staffer tests positive for COVID-19...

The South Korean men's national football team reported an additional positive coronavirus test from a staff member Tuesday, while a goalkeeper who was previously infected has since tested negative. The Korea Football Association (KFA) said a fourth...

 2020-11-23 14:37 

KBS World

Minister Urges Universities, Colleges to Consider Virtual Admissions Process...

[Domestic] : Education Minister Yoo Eun-hae urged universities to consider virtually conducting admissions tests and assessments amid heightened social distancing, following the nationwide College Scholastic Ability Test(CSAT) on December 3.At a virtual c...

 2020-11-23 14:25 

Yonhap News

KDB chief says integration of Korean Air, Asiana Airlines may generate 300 bln won in profit...

SEOUL, Nov. 23 (Yonhap) -- Korean Air Lines Co.'s planned acquisition of rival Asiana......

 2020-11-23 14:23 

KBS World

DP Dismisses Calls to Include 3rd COVID-19 Relief in Next Year's Budget...

[Politics] : The ruling Democratic Party(DP) dismissed calls from the opposition to include a third round of COVID-19 relief payouts in next year's budget citing the approaching deadline to approve the budget plan. On a local radio program on Tuesday,...

 2020-11-23 14:10 

Korea Herald

Household credit growth quickens in Q3 on home-backed lending...

South Korea's household credit grew at a faster clip in the third quarter compared to three months earlier, driven by a rise in banks' home-backed loans, central bank data showed Tuesday. Household credit reached a record high of 1,682.1 trillion ...

 2020-11-23 14:09 

KBS World

Major Labor Union to Stage Nationwide Strike on Wed....

[Domestic] : A major South Korean labor union will proceed to stage a large-scale strike this week against what it says is an anti-labor law revision, despite the government's heightened social distancing amid a resurgence of COVID-19.The Korean Confe...

 2020-11-23 14:08 

Korea Herald

Insurers' 9-month profit rises 6.1% on fewer accidents amid pandemic...

The combined net profit of insurance firms in South Korea gained 6.1 percent on-year in the first nine months of this year, partly supported by fewer car accidents as people stayed home amid the coronavirus pandemic, data showed Tuesday. Life and n...

 2020-11-23 14:06 

Korea Herald

Main opposition to push for third round of emergency virus handouts...

The main opposition People Power Party (PPP) will push to include funds for an additional third round of coronavirus-related emergency handouts in next year's state budget, a senior party official said Tuesday. "To help out the damaged sectors...

 2020-11-23 13:56 

Korea Herald

[Newsmaker] Military enforces tighter Level 2 social distancing rules...

On Tuesday, South Korea's military began enforcing Level 2 social distancing rules in the Greater Seoul area, with tighter guidelines also in place nationwide due to a recent spike in coronavirus cases. The country reported 349 cases Tuesday....

 2020-11-23 13:50 

The Chosun Ilbo

Chinese FM Visits Korea This Week...

Chinese Foreign Minister Wang Yi arrives in Seoul on Wednesday for a three-day visit, his first in about a year.Wang's main aim seems to be to discuss the new U.S. administration with China's neighbors amid cautious optimism that lame-duck U.S. Pr...

 2020-11-23 13:47 

The Chosun Ilbo

Cars, Microchips Lead Export Surge...

Korea's exports grew in the double digits in the first 20 days of November led by cars and microchips. According to the Korea Customs Service on Saturday, exports totaled US$31.3 billion from Nov. 1 to 20, up 11.1 percent on-year. Imports totaled $2.8...

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