South Korea

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 2020-03-30 13:38 

The Chosun Ilbo

N.Korea Loses 'Interest in Dialogue' with U.S....

North Korea has thrown another hissy fit after U.S. Secretary of State Mike Pompeo called on it to return to the negotiating table and denuclearize.A North Korean official fumed that Pompeo's "irrelevant" and "reckless" remarks caused ...

 2020-03-30 13:18 

KBS World

NYT: N. Korean Ships Used for Trafficking Idle Due to COVID-19 Concerns...

[International] : North Korean ships that have conducted illicit trade of materials sanctioned by the United Nations, mostly with China, are reportedly now idle in their home ports amid the novel coronavirus pandemic.Citing satellite-image analysis by Lon...

 2020-03-30 13:07 

Korea Joongang Daily

KT appoints long-time employee as new CEO...

KT appointed CEO Ku Hyeon-mo during a Monday shareholder meeting - the mobile carrier's first new leader in six years. Ku was named the final candidate last December. He will serve his term as the mobile carrier's....

 2020-03-30 13:07 

Korea Joongang Daily

BOK decides to delay moves to implement Basel III...

Financial authorities have decided to delay implementation of some Basel III accord provisions to give more flexibility to banks coping with the coronavirus outbreak and its impact on lending. The Basel III accord is....

 2020-03-30 13:07 

Korea Joongang Daily

Support measures may cost 9.1 trillion won...

The details of cash handouts and the waiving of insurance premiums and utility bills have been firmed up as the government draws up a second supplementary budget. It said that 70 percent of Korean households will benefit....

 2020-03-30 13:07 

Korea Joongang Daily

Daewoong tells ministry to halt probe...

Daewoong Pharmaceutical is asking the Ministry of SMEs and Startups to halt its administrative inspection of the company, launched as the latest development in a long-running dispute with Medytox, which for years....

 2020-03-30 13:07 

Korea Joongang Daily

Jin Air gets into the cargo transportation business...

In the absence of passengers, Jin Air is using its medium and large passenger planes to transport cargo, the low-cost air carrier announced Monday. The airline, affiliated with the national flagship carrier Korean Air, will....

 2020-03-30 13:07 

Korea Joongang Daily

New cluster discovered at church in capital...

At least 28 people infected with the new coronavirus were traced to a Protestant church in Guro District, western Seoul, local officials announced Monday, sparking concerns of another major cluster in the capital. Seoul....

 2020-03-30 13:07 

Korea Joongang Daily

Seoul climate change summit to be postponed...

An international climate change summit that was to be held in Seoul in late June is expected to be postponed to next year, according to diplomatic sources Monday. Korea has been preparing to host the second summit....

 2020-03-30 13:07 

Korea Joongang Daily

Korea risks fumbling latest Miracle on the Han...

Korea should be proud, and it should take a moment to congratulate itself: The country successfully bent a curve much of the rest of the world is still battling. Credit is due to the medical professionals, volunteers, the government....

 2020-03-30 13:07 

Korea Joongang Daily

KCNA calls latest test a crucial step...

North Korea's presumed missile test Sunday was part of a crucial step in "realizing a new strategic intention" for national defense, announced Pyongyang's state media on Monday. The Korean Central News Agency (KCNA)....

 2020-03-30 13:07 

Korea Joongang Daily

Voting at 65 global missions suspended due to pandemic...

Korea's election watchdog said Monday that it will suspend the ballot process at 65 diplomatic missions in 40 countries — including the United States — because of the coronavirus pandemic, which will affect nearly....

 2020-03-30 13:07 

Korea Joongang Daily

GenBody gets green light to export Covid-19 test kits...

GenBody has received approval from the Ministry of Food and Drug Safety to export its rapid diagnostic kits for the novel coronavirus, the pharmaceutical company said Monday. The local test kit manufacturer said it is in....

 2020-03-30 13:07 

Korea Joongang Daily

Student who failed to isolate faces lawsuit by Jeju governor...

Jeju Gov. Won Hee-ryong on Monday announced he would file a lawsuit against a Korean student infected with the coronavirus for taking a trip across Jeju just days after returning from college in the United States....

 2020-03-30 13:07 

Korea Joongang Daily

Convenience stores shifting to delivery and pick-up...

Convenience store franchises are expanding their specialized services following a rise in demand for delivery services. BGF Retail's CU on Monday announced it will deliver products from its stores 24 hours per day....

 2020-03-30 13:07 

Korea Joongang Daily

Genesis launches new G80 online...

As the coronavirus outbreak largely prohibits mass gatherings and on-site public events, Hyundai Motor Group launched another new car - the third-generation Genesis G80 sedan - via online live broadcast. The car....

 2020-03-30 13:07 

Korea Joongang Daily

Of sidecars, uptick rules, circuit breakers and bans...

In Debriefings, the Korea JoongAng Daily discusses a topical issue in-depth in a Q&A format. In this Debriefing, we look at the various ways in which the government and financial institutions work to support the market....

 2020-03-30 13:07 

Korea Joongang Daily

Debunking misinformation about the coronavirus...

In Daniel Defoe's "A Journal of the Plague Year" (1722), a pestilence that strikes the city of London in 1665 creates a desperate frenzy that throws people in the arms of counterfeit remedies and quack doctors. The narrative....

 2020-03-30 13:06 

The Chosun Ilbo

Korean-American COVID-19 Victim Dies After Being Denied Treatment...

A Korean-American teenager whose death has been linked to coronavirus was denied urgent care due to lack of insurance. His death is believed to be the first coronavirus fatality of a minor in the U.S. Seventeen-year-old William Whang from Lancaster, Calif...

 2020-03-30 13:04 

Yonhap News

Lotte chairman highest-paid exec in S. Korea in 2019...

SEOUL, March 30 (Yonhap) -- Lotte Group Chairman Shin Dong-bin ranked as the highest-paid ......

 2020-03-30 12:51 

Korea Herald

Korea should prepare for stronger US protectionist trade policies: report...

South Korean companies should keep a close eye on the protectionist trade policies in the US as President Donald Trump is expected to raise trade barriers there ahead of the November presidential election amid the worldwide spread of coronavirus, a l...

 2020-03-30 12:50 

KBS World

Moon Calls for Stricter Quarantine Management Amid Increasing Overseas COVID-19 Cases...

[Domestic] : President Moon Jae-in called for stricter quarantine measures and management in response to a rising number of COVID-19 patients coming from overseas, saying those breaking quarantine rules should face tough legal consequences.At a Cabinet me...

 2020-03-30 12:50 

Korea Herald

Navy sailor tests positive for coronavirus again after full recovery...

A Navy sailor has tested positive again for the new coronavirus after having fully recovered from the disease, the defense ministry said Tuesday. The sailor stationed on the southern island of Jeju was released from a hospital last week after recove...

 2020-03-30 12:48 

Korea Herald

Seoul stock extend gains late Tuesday morning...

South Korean stocks extended earlier gains Tuesday on massive stimulus measures around the globe to minimize the economic fallout from the new coronavirus outbreak. The benchmark Korea Composite Stock Price Index (KOSPI) spiked 31 points, or 1.81 pe...

 2020-03-30 12:37 

Korea Herald

[News Focus] Back-to-back mega sporting events to boost consumer sentiment...

SEJONG -- Since 1994, the world's four biggest, quadrennial sports games were always held in even-number years, split into two groups -- Winter Olympics-FIFA World Cup and Summer Olympics-UEFA Euro are held in the same years. Further, no event...

 2020-03-30 12:23 

The Chosun Ilbo

Mirae Asset Chief Donates Entire Stock Dividends to Charity...

Mirae Asset Financial Group chairman Park Hyeon-joo has donated his entire stock dividends to charity for the 10th year running. Park has donated W25 billion to charity over the past decade, including this year's dividend income of W87 million from Mi...

 2020-03-30 12:19 

KBS World

Moon Vows Active Push for International Pandemic Support for Africa...

[Politics] : President Moon Jae-in on Monday vowed to actively seek international support for Africa in fighting the coronavirus pandemic during talks with his Ethiopian counterpart.During a phone conversation with Prime Minister Abiy Ahmed, Moon said pro...

 2020-03-30 12:09 

Korea Herald

[Newsmaker] American soldiers' premature twins transferred to US from virus-hit Daegu...

The US military has transferred prematurely born twins of an American soldier couple stationed in South Korea's coronavirus-hit city of Daegu to a Navy hospital in the United States to provide them with better care even though they were not infected...

 2020-03-30 11:52 

Korea Herald

Seoul city to provide 100,000 filter replaceable fabric masks to foreigners...

The Seoul metropolitan government said Tuesday that it will provide a total of 100,000 filter replaceable face masks to foreign residents who are sidelined from the government-controlled mask supply system amid the coronavirus outbreak. According to...

 2020-03-30 11:49 

Korea Herald

Hyundai to set up innovation center in Singapore...

Hyundai Motor Co., South Korea's biggest carmaker, said Tuesday it will set up an innovation lab in Singapore to explore new mobility business opportunities. The Hyundai Mobility Global Innovation Center in Singapore will explore business ideas and...

 2020-03-30 11:42 

The Chosun Ilbo

Samsung's R&D Spending Tops W20 Trillion for 1st Time...

Samsung Electronics invested a record amount in research and development last year despite its dismal performance, according to a business report released on Monday. The electronics giant spent W20.21 trillion on R&D in 2019, up 8.2 percent from the previ...

 2020-03-30 11:42 

Korea Herald

All new arrivals to be placed in mandatory 2-week self-quarantine...

South Korea will place all new arrivals in self-quarantine for two weeks starting Wednesday as it struggles to stem a further rise in new coronavirus cases coming from abroad, the country's health authorities said Tuesday. All arrivals will be taken...

 2020-03-30 11:40 

KBS World

S. Korea Adds 125 Coronavirus Patients, Tally Stands at 9,786...

[Politics] : South Korea has reported 125 additional COVID-19 cases, bringing the total tally to nine-thousand-786. The latest figures compiled in the past 24 hours through 12 a.m. Tuesday by the Korea Centers for Disease Control and Prevention(KCDC) incl...

 2020-03-30 11:38 

The Chosun Ilbo

Actor Song Kang-ho's New Project Put on Hold Due to Coronavirus...

The coronavirus outbreak has put "Parasite" star Song Kang-ho's new film project on hold as the film's production company has decided to delay shooting. Showbox on Monday said it made the decision to ensure the safety of actors and staff. ...

 2020-03-30 11:35 

The Chosun Ilbo

Asiana Overtakes Korean Air in Passenger Numbers...

Korean Air has been overtaken by troubled rival Asiana Airlines in passenger volume for the first time ever amid the coronavirus crunch. According to statistics by the Korea Civil Aviation Association on Monday, 517,045 passengers flew on Korean Air from ...

 2020-03-30 11:34 

KBS World

'4-Member Households Earning Under 7 Mln Won Subject to Emergency Relief Payment'...

[Economy] : A vice finance minister said on Tuesday that households with four or more members subject to the government's relief payments will be those earning less than seven million won a month.The government announced a plan on Monday to offer one ...

 2020-03-30 11:29 

Korea Herald

New cases up again on cluster infections, imported cases...

South Korea reported 125 new cases of the novel coronavirus Tuesday, up from 78 new cases a day earlier, bringing the nation's total infections to 9,786. The 125 new cases of COVID-19, detected Monday, were mainly due to an mass outbreak at a hospit...

 2020-03-30 11:29 

Korea Herald

Korea's industrial output dips most in 9 years in Feb. on virus fallout...

South Korea's overall industrial output contracted the most in nine years in February as the economic fallout from the spread of the new coronavirus began to affect manufacturing activity and domestic spending, data showed Tuesday. The 3.5 percent o...

 2020-03-30 11:27 

The Chosun Ilbo

Fully Revamped Genesis G80 Luxury Sedan Hits Showrooms...

Hyundai's premium brand Genesis launched its new G80 luxury sedan on Monday.Completely revamped for the first time in seven years, the new sedan is equipped with cutting-edge features that enhance convenience and safety in driving.The G80's chassi...

 2020-03-30 11:05 

KBS World

Tokyo Olympics Rescheduled to Open July 23, 2021...

[International] : The postponed Tokyo Olympics will take place from July 23 to August 8 next year.According to NHK and other Japanese media, the decision was made on Monday during a teleconference among International Olympic Committee President Thomas Bac...

 2020-03-30 11:00 

Yonhap News

(LEAD) Camp Humphreys contractor tests positive for coronavirus, raising USFK infections to 13...

(ATTN: ADDS more details in paras 5, 7-8, photo) SEOUL, March 30 (Yonhap) -- A U.S. citi......

 2020-03-30 10:58 

Korea Herald

BOK to offer US$12 bln to banks using US currency swap...

The Bank of Korea (BOK) was to inject $12 billion into banks Tuesday in its first round of dollar lending using a currency swap line with the United States Federal Reserve in a bid to stabilize the currency market. The 30-minute online auction start...

 2020-03-30 10:49 

KBS World

S. Korea Likely to Begin New School Year with Online Classes on April 9...

[Domestic] : Prime Minister Chung Sye-kyun hinted on Tuesday that South Korea will begin the new school year with online classes on April 9 following repeated delays due to the novel coronavirus.During a pan-government meeting on COVID-19 responses, Chung...

 2020-03-30 10:44 

Yonhap News

(LEAD) N. Korea slams Pompeo over remarks on increased pressure...

(ATTN: ADDS more details in paras 3, 5-10, photo) SEOUL, March 30 (Yonhap) -- North Kor......

 2020-03-30 10:42 

Yonhap News

Moon vows efforts toward G-20 support for Africa's fight against coronavirus...

SEOUL, March 30 (Yonhap) -- South Korean President Moon Jae-in pledged efforts on Monday t......

 2020-03-30 10:28 

KBS World

S. Koreans Stranded in Moscow after Sudden Flight Cancellation...

[International] : Nearly 100 South Koreans have reportedly been stranded in Moscow after a flight bound for South Korea was abruptly cancelled on Monday. According to the South Korean Embassy in Russia, Russian airline Aeroflot's Flight SU250, which w...

 2020-03-30 10:20 

The Chosun Ilbo

Gov't to Provide Disaster Relief to 14 Million Households...

All households in the bottom 70 percent of the gross income index will receive up to W1 million in disaster relief money, President Moon Jae-in said Monday (US$1=W1,225).The decision came after an emergency economic policy meeting at Cheong Wa Dae and is ...

 2020-03-30 10:18 

Yonhap News

Camp Humphreys contractor tests positive for coronavirus, raising USFK infections to 13...

SEOUL, March 30 (Yonhap) -- A U.S. citizen working at a U.S. Forces Korea (USFK) base test......

 2020-03-30 10:15 

Korea Herald

S. Korea to begin new school year with online classes on April 9...

South Korea will begin the new school year with online classes on April 9 following repeated delays due to the novel coronavirus, the prime minister said Tuesday. The unprecedented move to introduce online classes will be applied step by step to sch...

 2020-03-30 10:11 

Yonhap News

(3rd LD) Concerns over new infections grip capital area...

(ATTN: UPDATES figures in paras 7, 11; ADDS details in para 8) SEOUL, March 30 (Yonhap) ......

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