South Korea

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 2021-11-11 10:01 

KBS World

Moon to Attend APEC Summit Friday...

[Politics] : President Moon Jae-in will attend a virtual Asia-Pacific Economic Cooperation(APEC) summit on Friday. The 28th APEC Summit will center on coordinating within the group to speed up the COVID-19 economic recovery, key opportunities and challeng...

 2021-11-11 09:41 

KBS World

Exports Prices Rise for 11th Straight Month in October...

[Economy] : Export and import prices both rose last month amid rising prices of oil and raw materials. According to data from the Bank of Korea(BOK) on Friday, the country's export price index marked 116-point-18, up one-point-six percent on-month, in...

 2021-11-11 09:33 

KBS World

Temporary Fuel Tax Cut Starts Friday...

[Economy] : Fuel taxes will be lowered by 20 percent for six months from Friday. According to the Ministry of Economy and Finance, the temporary tax cut will lead to a decrease of 164 won per liter for gasoline, 116 won per liter for diesel and 40 won per...

 2021-11-11 09:23 

KBS World

EU Drug Watchdog Recommends Authorization of Celltrion's COVID-19 Treatment...

[International] : The European Union's drug watchdog has recommended the authorization of a COVID-19 antibody treatment made by South Korean biopharmaceutical company Celltrion for people at risk of severe disease. Celltrion's Regkirona was given ...

 2021-11-10 20:31 

KBS World

S. Korean Foreign Minister: Gov't Proposed N. Korea Mull on Papal Visit...

[Politics] : Foreign Minister Chung Eui-yong says that Seoul has proposed to Pyongyang that it consider a possible visit to North Korea by Pope Francis. Chung revealed the move during a meeting of the National Assembly Foreign Affairs and Unification Comm...

 2021-11-10 20:20 

KBS World

Chinese Ambassador Pledges Effort to Address Urea Shortage in S. Korea...

[Politics] : Beijing's top diplomatic envoy says that his country takes the shortage of urea water solution in South Korea seriously and will work together with Seoul to address the issue. Chinese Ambassador to South Korea Xing Haiming made the remark...

 2021-11-10 20:18 

KBS World

S. Korea, US to Strengthen Cooperation on Supply Chain Network, Other Global Issues...

[Politics] : South Korea and the United States have agreed to continue strengthening bilateral cooperation on improving supply chains and other pending global issues. A senior official of the Foreign Ministry told reporters on Thursday that the agreement ...

 2021-11-10 20:13 

KBS World

State-run Think Tank KDI Ups 2021 Growth Outlook to 4%, Keeps 2022 Forecast at 3%...

[Economy] : The Korea Development Institute(KDI) has raised the nation's economic outlook for this year to four percent. In a biannual outlook released on Thursday, the state-run think tank painted a rosier picture on the back of better-than-expected ...

 2021-11-10 18:11 

KBS World

Parliament Approves Resignation of Lawmaker Mired in Land Development Scandal...

[Politics] : The National Assembly has signed off on the resignation of independent lawmaker Kwak Sang-do mired in controversy over his son's exorbitant severance package from a firm at the center of a land development scandal in Seongnam.Fellow lawma...

 2021-11-10 17:41 

KBS World

Pres. Moon Appoints New Economic Secretary...

[Politics] : President Moon Jae-in has appointed former head of the Korean Intellectual Property Office(KIPO) Park Won-joo the new senior presidential economic secretary.The top office made the announcement Thursday, expressing hope that Park will make pr...

 2021-11-10 17:09 

KBS World

Incheon Airport Ranking Drops from 5 to 8th Best in the World...

[Economy] : Incheon International Airport dropped three notches to rank as the eighth best airport in the world last year, receiving nearly 12 million international passengers.While it topped the list in Asia, the airport dropped from No. 5 overall due to...

 2021-11-10 17:03 

KBS World

KDCA: S. Korea May Not Be Able to Enter Phase 2 of Living with COVID-19 Transition...

[Domestic] : South Korea may not be able to enter phase two of the three-stage transition into living with COVID-19. Korea Disease Control and Prevention Agency(KDCA) Commissioner Jung Eun-kyeong said on Thursday that the country may have to continue in p...

 2021-11-10 16:55 

KBS World

KOSPI Ends Thursday Down 0.18%...

[Economy] : The benchmark Korea Composite Stock Price Index(KOSPI) fell five-point-25 points, or zero-point-18 percent, on Thursday, closing the day at two-thousand-924-point-92.The tech-heavy KOSDAQ, however, rose four-point-nine points, or zero-point-fi...

 2021-11-10 16:54 

KBS World

UNC Commander: We're Ready to Deter, Defeat S. Korea's Enemies...

[Politics] : All members of the United Nations are ready to deter the enemies of South Korea and defeat them if necessary, according to the leader of the UN Command(UNC) and U.S. Forces Korea(USFK) on Thursday.Speaking at a ceremony marking the Internatio...

 2021-11-10 16:17 

KBS World

Doosan Bears Beat Samsung Lions, Heading to 7th Straight Korean Series...

[Sports] : The Doosan Bears beat the Samsung Lions and are now heading to a record seventh consecutive Korean Series.The Bears defeated the Lions 11-3 in the penultimate round of the Korea Baseball Organization's(KBO) postseason on Wednesday night at ...

 2021-11-10 15:55 

KBS World

Transport Ministry to Commercialize Air Taxi System by 2025...

[Economy] : The Ministry of Land, Infrastructure and Transport presented its Urban Air Mobility(UAM) system, also known as air taxis, at an event on Thursday at Gimpo International Airport.The presentation included a demonstration of the German Volocopter...

 2021-11-10 15:27 

KBS World

Supreme Court Upholds 34-yr, 15-yr Sentences for Nth Room Conspirators...

[Domestic] : The top court has upheld the sentences for Moon Hyung-wook and Kang Hun, both convicted for their roles in a sex trafficking ring known as Nth Room, a case that shocked the nation.The Supreme Court on Thursday dismissed both Moon and Hun'...

 2021-11-10 14:34 

KBS World

Japanese FM to Seek Improvement in Seoul-Tokyo Ties...

[Politics] : Japan's new Foreign Minister Yoshimasa Hayashi said he hopes to restore relations with South Korea and to accelerate communication in diplomacy for enhanced cooperation.At his inaugural press conference on Thursday, Hayashi said he believ...

 2021-11-10 14:28 

KBS World

FM Chung: S. Korea, US Completed Considerable Fine-Tuning in War-End Declaration...

[Politics] : Foreign Minister Chung Eui-yong said Seoul and Washington have completed considerable fine-tuning in their consultations on declaring a formal end to the Korean War.At a parliamentary committee meeting on Thursday, Chung said the allies have ...

 2021-11-10 13:37 

KBS World

PPP Candidate Pledges to Reaffirm 1998 Seoul-Tokyo Declaration...

[Politics] : Main opposition People Power Party(PPP) presidential candidate Yoon Seok-youl on Thursday pledged to improve ties with Japan if he becomes president, first by reaffirming the 1998 bilateral declaration during the Kim Dae-jung administration.D...

 2021-11-10 13:12 

KBS World

DP Candidate Pledges 1-Yr. Grace Period on Virtual Asset Income Tax...

[Politics] : Ruling Democratic Party(DP) presidential candidate Lee Jae-myung pledged to offer a one-year grace period until 2023 on imposing taxes on income derived from virtual assets and to significantly raise the deductible limit.On his social media o...

 2021-11-10 12:27 

KBS World

KARI Chief: Possible to Send 700kg Lander to Moon if Nuri Launch Succeeds...

[Science] : The president of the Korea Aerospace Research Institute(KARI) believes that if the nation's first space rocket Nuri is launched successfully, South Korea will be able to send a 700-kilogram lander to the moon. Lee Sang-ryool made the remar...

 2021-11-10 11:57 

KBS World

High Schools Shift to Online Classes 1 Week before CSAT...

[Domestic] : With just one week left until the annual College Scholastic Ability Test(CSAT), the second during the pandemic, high schools across the nation shifted to online classes on Thursday.The move came as part of efforts to prevent COVID-19 clusters...

 2021-11-10 11:48 

KBS World

Tariff Rate on Industrial Use Urea, Urea Water Solution Set at 0%...

[Economy] : The government has temporarily set tariffs on imported urea and urea water solution for industrial use at zero percent. In an unscheduled Cabinet meeting Thursday morning, a revised executive order was passed that sought to lower the tariff on...

 2021-11-10 11:37 

KBS World

Emergency Measures Implemented on Urea, Urea Water Solution...

[Domestic] : Starting Thursday, companies that import, produce or sell urea or urea water solution must report daily earnings to the government by noon the following day. This and other measures went into immediate effect after being approved at a Cabinet...

 2021-11-10 11:05 

KBS World

2,520 COVID-19 Cases Reported, Critical Patients Hit Fresh High...

[Politics] : Health authorities reported about 25-hundred new COVID-19 cases for a second straight day on Thursday, with the number of critical patients hitting a fresh record. The Korea Disease Control and Prevention Agency(KDCA) said that two-thousand-5...

 2021-11-10 11:04 

KBS World

S. Korea, US Agree to Cooperate to Resolve Semiconductor Supply Crisis...

[International] : South Korea and the United States have reportedly agreed to cooperate on resolving the semiconductor supply shortage through the U.S.-Korea Commercial Forum. The U.S. Commerce Department said in a statement that Commerce Secretary Gina R...

 2021-11-10 10:32 

KBS World

Exports Rise 29.3% in First 10 Days of Nov....

[Economy] : Exports rose by nearly 30 percent on-year in the first ten days of November. According to tentative data from the Korea Customs Service on Thursday, the country's outbound shipments stood at 18-point-three billion U.S. dollars in the cited...

 2021-11-10 10:26 

KBS World

Moon Congratulates Kishida on his Reelection...

[Politics] : President Moon Jae-in congratulated Japanese Prime Minister Fumio Kishida on his reelection in a letter on Wednesday. Presidential spokesperson Park Kyung-mee said that in the congratulatory letter, Moon expressed hope they will work together...

 2021-11-10 10:12 

KBS World

US Assistant Secretary of State to Meet Senior S. Korean Officials...

[Politics] : A senior U.S. diplomat will meet with high-ranking South Korean officials on Thursday in Seoul. U.S. Assistant Secretary of State for East Asian and Pacific Affairs Daniel Kritenbrink arrived on Wednesday after a four-day trip to Japan. He wi...

 2021-11-10 09:39 

KBS World

Emergency Restrictions, Tariff Cuts to Be Imposed on Urea...

[Domestic] : The government will slash tariffs and impose emergency restrictions on the production and sales of urea water solution and urea amid an acute shortage. Prime Minister Kim Boo-kyum announced the plan on Thursday during an emergency Cabinet mee...

 2021-11-10 09:33 

KBS World

S. Korea, Colombia Discuss Ways to Enhance Bilateral Ties...

[Politics] : Prime Minister Kim Boo-kyum met with Colombian Vice President Marta Luca Ramrez on Wednesday to discuss ways to enhance relations between the two nations. In the meeting at the government complex in Seoul, Kim assessed that bilateral ties are...

 2021-11-10 09:23 

KBS World

Pentagon Reaffirms Conditions-based OPCON Transfer...

[International] : The U.S. Department of Defense has reaffirmed that the U.S. transfer of wartime operational control(OPCON) to South Korea will be carried out according to mutually agreed conditions.Pentagon spokesperson John Kirby issued the position on...

 2021-11-09 20:34 

KBS World

Ban Ki-moon: Carbon Neutrality Impossible without Nuke Energy...

[Domestic] : Former Secretary-General of the United Nations Ban Ki-moon says that achieving carbon neutrality is impossible without adopting nuclear energy.In a keynote speech at the opening of the Bitgaram International Expo of Electric Power Technology ...

 2021-11-09 20:26 

KBS World

Vice FM Asks for Ugandan Support in Seoul's ILO Bid...

[International] : Vice Foreign Minister Choi Jong-moon has asked for Uganda's backing in South Korea's bid for the director-general post at the International Labour Organization(ILO).Seoul's foreign ministry said Wednesday Choi, who is on a to...

 2021-11-09 19:57 

KBS World

Forex Market, Local Bourses to Open 1 Hour Later on Nov. 18...

[Economy] : The foreign exchange market will open an hour later next Thursday when the nationwide college entrance exam (College Scholastic Ability Test) is due to be held.The market's operating board said Wednesday the forex market will open at 10 a....

 2021-11-09 18:33 

KBS World

Yoon Seok-youl Apologizes for Disputed Remarks in Gwangju...

[Politics] : Main opposition People Power Party's presidential candidate Yoon Seok-youl visited the southern city of Gwangju and apologized for his recent comments that appeared to defend the former President Chun Doo-hwan.Paying his respects at the M...

 2021-11-09 17:40 

KBS World

National Library Marks Anniversary by Releasing List of Most-Liked Books...

[Culture] : Marking its 76th anniversary, the National Library of Korea on Wednesday presented findings from its big data analysis covering the period from its opening in 1945 to the present day.The most checked out book at the National Library for the pa...

 2021-11-09 16:53 

KBS World

Unionized Health Workers to Demand More Manpower in Thursday Rally...

[Domestic] : Unionized medical workers will rally on Thursday afternoon near the presidential office to demand more manpower and establish standards on the volume of medical personnel in times of infectious disease response.The group affiliated with the K...

 2021-11-09 16:38 

KBS World

KOSPI Ends Wednesday Down 1.09%...

[Economy] : The benchmark Korea Composite Stock Price Index(KOSPI) fell 32-point-29 points, or one-point-09 percent, on Wednesday, closing the day at two-thousand-930-point-17.The tech-heavy KOSDAQ also fell, losing 20-point-93 points, or two-point-07 per...

 2021-11-09 16:21 

KBS World

Free Exhibition on WWII Sex Slavery Victims Opens in Daegu...

[Domestic] : An exhibition documenting the lives of wartime sex slavery victims from World War Two opened Wednesday at the Museum of Military Sexual Slavery by Japan in Daegu.The Ministry of Gender Equality and Family said that victim testimonies have bee...

 2021-11-09 16:13 

KBS World

'Turn Toward Busan' Ceremony to Be Held on Thursday in Busan...

[Domestic] : The government will mark the international memorial day for UN veterans of the Korean War on Thursday at the UN Memorial Cemetery in Busan.The Ministry of Patriots and Veterans Affairs said it will hold the "Turn Toward Busan" ceremon...

 2021-11-09 16:02 

KBS World

2,700 Tons of Urea Shipped from China...

[Domestic] : A portion of 18-thousand-700 tons of urea imports from China that were halted due to the country's tightened export restrictions has departed for South Korea.According to the outcome of a pan-government meeting on Wednesday, two-thousand-...

 2021-11-09 15:53 

KBS World

Gov't Expects Lee Kun-hee Museum to Turn Jongno into Tourist Area...

[Culture] : The government and Seoul City expect a museum for the donated artworks of late Samsung Chairman Lee Kun-hee, set to be built in Jongno district, will help develop the area into a global tourist attraction.Culture Minister Hwang Hee and Seoul M...

 2021-11-09 15:33 

KBS World

Foreign Investors Unload Nearly 31 Tln Won in Stocks through Oct....

[Economy] : Foreign investors have unloaded nearly 31 trillion won in local stocks so far this year.According to the Financial Supervisory Service(FSS) on Wednesday, foreigners sold a net three-point-34 trillion won in shares last month.Between January an...

 2021-11-09 15:01 

KBS World

PPP Candidate Turns Down 1:1 Meeting Proposal by DP Rival...

[Politics] : Main opposition People Power Party(PPP) presidential candidate Yoon Seok-youl turned down his ruling Democratic Party(DP) rival Lee Jae-myung's proposal for a one-on-one meeting.At a global forum in Seoul on Wednesday, where the two met f...

 2021-11-09 14:37 

KBS World

This Year's First AI Case at Poultry Farm Reported...

[Domestic] : The year's first case of highly pathogenic avian influenza(AI) at a poultry farm was reported in central North Chungcheong Province.According to the agriculture ministry on Wednesday, the H5N1 virus was confirmed at a quail farm in the co...

 2021-11-09 14:13 

KBS World

Serious COVID-19 Cases Rapidly Rising amid Living with COVID-19 Transition...

[Domestic] : The number of serious COVID-19 cases is rising quickly after the nation began a transition into a system of living with the virus.The Central Disease Control Headquarters said as of 12:00 a.m. Wednesday, a record 460 patients were in critical...

 2021-11-09 13:12 

KBS World

CIO Summons Prosecutor Involved in Alleged Election Meddling for 2nd Time...

[Domestic] : The Corruption Investigation Office for High-ranking Officials(CIO) summoned prosecutor Son Jun-sung, a key figure in an investigation into alleged political meddling, for a second time.Son appeared for questioning Wednesday morning as a susp...

 2021-11-09 12:39 

KBS World

Pres. Moon to Hold Town Hall Meeting with Some 300 Citizens...

[Politics] : President Moon Jae-in will hold a town hall meeting with some 300 citizens next Sunday that will be broadcast live by KBS from 7:10 p.m.Presidential spokesperson Park Kyung-mee said in a briefing on Wednesday that the president will discuss w...

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