South Korea

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 2020-01-19 17:00 

KBS World

PM Chung Orders Thorough Prevention Measures against Wuhan Pneumonia...

[Politics] : Prime Minister Chung Sye-kyun has instructed officials to come up with thorough measures to prevent the spread of the mysterious pneumonia sweeping China and some other parts of Asia. On Monday, Chung was briefed on the first confirmed domest...

 2020-01-19 16:56 

KBS World

S. Korea Reports First Confirmed Case of China Coronavirus...

[Domestic] : Anchor: Fears are mounting over a mysterious new strain of coronavirus that has been plaguing central China. Amid this, South Korea on Monday reported its first confirmed case of the illness. The patient, a Chinese national, entered the count...

 2020-01-19 16:53 

Korea Herald

Love without borders, or nuclear threats?...

A chaebol heiress accidentally crashes in North Korea while paragliding. She is rescued by a North Korean military officer who ends up protecting her and risking his life to send her back home to Seoul. Despite the differences in accent, lifestyle, c...

 2020-01-19 16:47 

KBS World

KOSPI Closes Monday Up 0.54%...

[Economy] : The benchmark Korea Composite Stock Price Index(KOSPI) gained 12-point-07 points, or point-54 percent on Monday. It ended the day at two-thousand-262-point-64.The tech-heavy KOSDAQ fell, losing four-point-94 points, or point-72 percent, to clo...

 2020-01-19 16:46 

Korea Herald

S. Korea vows to bolster economic cooperation with Russia, Mongolia...

South Korea plans to bolster economic ties with Russia, Mongolia and other Central Asian nations and use the momentum to buttress recovery of the export-driven economy, the top fiscal policy chief said Monday."We will strengthen economic cooper...

 2020-01-19 16:45 

Korea Herald

[Newsmaker] Opposition leader sends beef jerky to Buddhist monks...

South Korea's opposition leader accidentally sent beef jerky to the Jogye Order of Buddhism as a Lunar New Year's gift, bewildering the country's largest Buddhist group, which practices vegetarianism.Gift sets containing beef were d...

 2020-01-19 16:40 

Korea Herald

Prosecutors demand death penalty for Jeju murderer...

JEJU -- Prosecutors on Monday demanded the death penalty for a 37-year-old woman accused of brutally killing her former husband and stepson last year.In the final hearing at the Jeju District Court, prosecutors demanded the death penalty for Koh Yu-j...

 2020-01-19 16:40 

Korea Herald

SKT plans to offer 5G stand-alone service in H1...

SK Telecom Co., South Korea's top mobile carrier, said Monday it plans to launch a 5G stand-alone service in the first half of the year after a test on its commercial 5G network was successful. Its stand-alone 5G data call using the company's mult...

 2020-01-19 16:26 

Korea Herald

Insurance industry looks forward to more active investments, M&A deals...

Amid growing concerns over worsening profits, insurance companies in South Korea said Monday they plan to roll out new services, incorporating new technologies such as big data and artificial intelligence. They also pledged more investments for the e...

 2020-01-19 16:23 

Korea Herald

34 Kospi 200 firms lack whistleblowing policy: report...

More than 30 Kospi 200 firms still have no whistleblowing policy for transparent management of their accounting control system, according to the latest report released by Samjong KPMG on Monday. The accountancy firm's report shows that 34 of th...

 2020-01-19 16:13 

Korea Herald

DRAM prices up for 11 consecutive days, boding well for chipmakers...

Spot market prices for DRAM chips are surely on a rising course as they went up for 11 straight days, industry data showed Monday, boding well for South Korean chipmakers. The spot price of 8-gigabit DDR4 DRAM, a benchmark price for the category, rea...

 2020-01-19 15:53 

Korea Herald

Late Lotte founder's asset inheritance unlikely to affect group...

The demise of Lotte Group founder and Honorary Chairman Shin Kyuk-ho on Sunday has put the spotlight on the distribution of his assets amongst his kin, reportedly worth over 1 trillion won ($864 million).However, market watchers are of the opinion th...

 2020-01-19 15:42 

KBS World

Cast of 'Parasite' Wins SAG Outstanding Performance Prize...

[Culture] : The cast of the South Korean film "Parasite" on Sunday received the highest honor at the annual Screen Actors Guild(SAG) Awards in Los Angeles.Song Kang-ho, Park So-dam, Choi Woo-shik, Lee Jung-eun and Lee Sun-kyun received a large sta...

 2020-01-19 15:39 

Korea Herald

S. Korea changes subsidy scheme for eco-friendly autos...

South Korea's finance and environment ministries said Monday that they have changed a state subsidy scheme for eco-friendly vehicles to allow buyers of efficient cars to get larger subsidies from this year. Currently, the state subsidy is calcu...

 2020-01-19 15:17 

Korea Herald

Korea Eximbank to extend W69tr in loans to firms in 2020...

The Export-Import Bank of Korea said Monday that it will extend 69 trillion won ($59.5 billion) in loans to South Korean companies this year to help boost the economy.The figures represent a 16 percent hike from 2019, according to the South Korean st...

 2020-01-19 14:58 

KBS World

Lotte Group Founder Dies at 98...

[Domestic] : Anchor: The founder and honorary chair of Lotte Group Shin Kyuk-ho died Sunday at the age of 98. With his death, all first-generation founders of the country's major conglomerates, including Samsung, Hyundai, LG and SK, have now passed. O...

 2020-01-19 14:48 

KBS World

S. Korea Confirms 1st Case of Mysterious Viral Pneumonia Outbreak...

[Politics] : A mysterious pneumonia outbreak in China and other parts of Asia has apparently spread to South Korea.The Korea Centers for Disease Control and Prevention(KCDC) on Monday revealed that a Chinese national tested positive for what appears to be...

 2020-01-19 14:42 

The Chosun Ilbo

Holiday Traffic to Peak on Saturday...

Traffic on the country's roads over the Lunar New Year holiday is expected to peak on Saturday. SK Telecom, the operator of navigation app T map used by some 12.5 million drivers, analyzed traffic flow during the Lunar New Year holiday over the past f...

 2020-01-19 14:38 

KBS World

Prosecutors Say Fmr. Pres. Secretary Sought Suspension of Investigation into Ex-Vice Busan Mayor...

[Politics] : Prosecutors have confirmed that former presidential secretary for civil affairs Baek Won-woo had repeatedly sought to suspend a bribery investigation into Busan's former vice mayor for economic affairs Yoo Jae-soo.In an indictment against...

 2020-01-19 14:34 

The Chosun Ilbo

Ahn Cheol-soo Won't Run in General Elections...

Ahn Cheol-soo, the once popular ex-tycoon who moved abroad after losing his bid for Seoul mayor in 2018, returned to Korea on Sunday. Ahn formally announced his return to politics on arrival at Incheon International Airport but said he will not run in Apr...

 2020-01-19 14:33 

Korea Herald

S. Korea reports 1st confirmed case of China coronavirus...

South Korea on Monday reported the first confirmed case of China coronavirus amid concerns that a pneumonia-like illness is set to spread across China and Asia.According to the Korea Centers for Disease Control and Prevention, a Chinese woman suffere...

 2020-01-19 14:32 

Korea Herald

ULikeKorea signs MOU with Denmark's TDC to enter European market...

ULike Korea, a smart livestock health care management company, announced Monday that it has signed a memorandum of understanding with Denmark's largest telecommunication company, TDC, to launch the world's first NB-IoT (Narrow Band IoT) b...

 2020-01-19 14:31 

Korea Herald

CJ ENM's W25.3b K-pop investment fund to launch...

CJ ENM, the operator of K-pop-oriented cable channel Mnet, said Monday it will launch a 25.3 billion-won ($21.8 million) investment fund dedicated to the K-pop industry.The establishment of the fund, KC Vivace Investment Association, is in line with...

 2020-01-19 14:31 

KBS World

S. Korea's Education Chief Vows Efforts Towards Prompt Search for Missing Trekkers...

[Domestic] : South Korea's education chief vowed that utmost efforts would be applied to searching for four teachers who went missing in an avalanche last Friday in northwestern Nepal.On a visit to the response headquarters set up at South Chungcheong...

 2020-01-19 14:30 

The Chosun Ilbo

N.Korean Tourism Website Accessible from S.Korea...

North Korea's tourism website DPR Korea Tour can be accessed from South Korea, which normally blocks all North Korean websites under the decades-old National Security Law. The exemption is fueling speculation that it has something to do with the plan ...

 2020-01-19 14:22 

Korea Herald

'Parasite' invades Oscars race with stunning SAG award win...

LOS ANGELES (AFP) -- "Parasite" shocked the Screen Actors Guild Awards on Sunday by landing the night's top prize, a historic win which thrusts the South Korean black comedy into Oscars contention.The critical smash hit film overcame the la...

 2020-01-19 14:19 

KBS World

Nepali Authorities Say Search for Missing S. Koreans Could Take Up to 20 Days...

[International] : Authorities in Nepal said it could take up to nearly three weeks to find the four South Koreans who went missing in an avalanche last Friday while trekking near the popular Annapurna Base Camp in northwestern Nepal.Mira Acharya, a Nepali...

 2020-01-19 14:01 

Yonhap News

(2nd LD) Lotte Group founder Shin Kyuk-ho dies at age 99...

(ATTN: UPDATES with meeting of the founder's two estranged sons) SEOUL, Jan. 19 (Yo......

 2020-01-19 13:28 

The Chosun Ilbo

Korea Slides to 2nd in Innovation Rankings...

Korea has slid to second in Bloomberg's annual Innovation Index for the first time in six years, pushed out of first place by Germany. Korea came second on a list of 60 countries ranked by the news agency with 88.16 points, but it said Korea's ...

 2020-01-19 13:27 

Yonhap News

(LEAD) S. Korea defeat Jordan to move closer to Olympic men's football berth...

(ATTN: ADDS comments, details in last 6 paras, photo) RANGSIT, Thailand, Jan. 19 (Yonhap......

 2020-01-19 13:20 

The Chosun Ilbo

U.S. Backs Outspoken Ambassador to Korea...

The U.S. State Department on Friday said it has "a lot of confidence" in Ambassador to Korea Harry Harris, who had been slammed by politicians here for saying any inter-Korean business projects need U.S. approval.State Department spokeswoman Morga...

 2020-01-19 12:54 

Yonhap News

(4th LD) N. Korea picks new top diplomat, heralding policy shift...

(ATTN: UPDATES with comments by analyst in paras 10-11) SEOUL, Jan. 19 (Yonhap) -- North......

 2020-01-19 12:52 

KBS World

Prosecutors Summon Ulsan Mayor in Election-Meddling Probe...

[Politics] : Prosecutors have summoned Ulsan Mayor Song Cheol-ho as a suspect in their ongoing probe into the presidential office's alleged meddling in the 2018 Ulsan mayoral race.The Seoul Central District Prosecutors' Office on Monday began ques...

 2020-01-19 12:44 

KBS World

Stricter Lending Regulations Take Effect Monday...

[Politics] : Owners of homes in South Korea worth more than 900 million won are banned as of Monday from taking out loans with their lump-sum deposit known as jeonse. Jeonse is a type of lease in South Korea where a tenant puts down a lump-sum deposit and...

 2020-01-19 12:43 

Korea Joongang Daily

Country's own rocket to shoot for skies in 2021...

Korea's first locally built satellite-carrying rocket is on track for a launch in early 2021, the state-run aerospace research institute said Sunday, opening a new chapter in the country's space exploration program. The three....

 2020-01-19 12:43 

Korea Joongang Daily

Airport exec sees big opportunities abroad...

Hoping to expand Korean firms' footprint in the opportunity-rich Indonesian market, Incheon International Airport Corporation last week signed an agreement with the country's largest airport corporation to jointly....

 2020-01-19 12:43 

Korea Joongang Daily

Safety law for workers gets teeth...

More than a year after 24-year-old temporary worker Kim Yong-kyun was killed when he was crushed by a steel conveyer belt at a Korea Western Power's power plant, a revision to the Occupational Safety and Health Act....

 2020-01-19 12:43 

Korea Joongang Daily

Korean stylists join the sharing economy...

In an industry associated with high maintenance costs and rent, hair stylists are turning to the sharing economy rather than opening their own salons. At the Jan. 6 opening of Shair Spot in Gangnam, southern Seoul....

 2020-01-19 12:43 

Korea Joongang Daily

Korean mobile carriers pair emerging technology with education...

Local mobile carriers are working to marry emerging technology with education, allowing consumers to read Harry Potter books in augmented reality (AR), listen to artificial intelligence (AI) platforms explain math....

 2020-01-19 12:43 

Korea Joongang Daily

Data deluge set to start as Moon pushes tech...

President Moon Jae-in's first stop in 2019 to discuss plans for the year was the Ministry of Education. This year, it was the Ministry of Science and ICT. The ordering of visits was more than just symbolic. Moon's administration....

 2020-01-19 12:43 

Korea Joongang Daily

State Department tells Koreans to cool it...

The U.S. State Department said Washington expects every member of the United Nations to abide by North Korean sanctions, apparently objecting to remarks by South Korean President Moon Jae-in that he could use inter....

 2020-01-19 12:43 

Korea Joongang Daily

Ahn Cheol-soo makes grand promises, gives few specifics...

Political maverick Ahn Cheol-soo criticized the Moon Jae-in government as he ended his self-imposed exile from Korean politics Sunday, vowing to take a lead role in deterring the administration's "reckless driving"....

 2020-01-19 12:42 

Korea Joongang Daily

Economically inactive hits record, above 2 million...

Korea calculates its economically inactive population, and the total is at a record. The statistic for people not in the workforce for no reason has been compiled since 2003. According to Statistics Korea Sunday, the number....

 2020-01-19 12:42 

Korea Joongang Daily

DP starts to disclose its 'strategic' nominations...

The ruling party said Friday that it will choose candidates in 15 constituencies for the April 15 general election without holding primaries. The Democratic Party (DP) decided on so-called strategic nominations for the 15 districts....

 2020-01-19 12:42 

Korea Joongang Daily

Ri Son-gwon may be North's foreign minister...

North Korea appointed Ri Son-gwon foreign minister, according to multiple news outlets, signaling a hard-line approach to denuclearization negotiations with the United States. Citing sources familiar with the North, South....

 2020-01-19 12:42 

Korea Joongang Daily

If 90% of business is just showing up, these K-biopharm firms nail it...

SAN FRANCISCO - While Samsung BioLogics and Celltrion graced the Grand Ballroom at the 38th annual J.P. Morgan Healthcare Conference, other Korean companies labored to get their message out on lesser platforms at the....

 2020-01-19 12:42 

Korea Joongang Daily

Daegu's solar tower fell short of ambitious goals...

A 46-meter-tall solar power tower in Daegu that cost 11.6 billion won ($10 million) was demolished last month after eight less-than-stellar years. The country's first solar power tower was built by Daesung Energy and the....

 2020-01-19 12:42 

Korea Joongang Daily

Search for lost trekkers near Annapurna fails...

Search efforts to locate six trekkers - including four Korean teachers - who went missing in the Nepali Himalayas after an avalanche on Friday have failed as heavy snowfall threatens to hamper the pursuit, said the Korean....

 2020-01-19 12:36 

Korea Herald

Samsung appoints Roh Tae-moon as new smartphone biz head...

Samsung Electronics announced Monday that it has appointed Roh Tae-moon, incumbent president of mobile hardware research and development, to lead the entire mobile business unit as part of its 2020 personnel reshuffle and organizational restructuring...

 2020-01-19 12:35 

The Chosun Ilbo

N.Korea Appoints Hawkish New Foreign Minister...

North Korea has appointed a hawkish former point man on South Korea as its new foreign minister.Ri Son-gwon, who replaces Ri Yong-ho, is the former chairman of the Committee for the Peaceful Reunification of the Fatherland.His appointment signals a toughe...

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