Seoul stocks tumble on profit-taking
SEOUL, South Korean stocks dipped more than 2 percent Friday as investors booked profits from a recent rally. The Korean won fell against the U.S. dollar. The benchmark Korea Composite...
Daily Archive: January 15, 2021
Injured player to miss final women’s football camp before Olympic qualifiers
SEOUL, South Korea will be without one of their most versatile players for the final camp ahead of next month’s Olympic women’s football qualifying matches. The Korea Football Association (KFA)...
Moon orders KDCA chief to lead COVID-19 vaccination program with ‘full authority’
SEOUL, President Moon Jae-in on Friday instructed the chief of the Korea Disease Control and Prevention Agency (KDCA) to lead the country’s COVID-19 vaccination program with “full authority.” Moon gave...
Moon to hold New Year’s press conference on Monday
SEOUL, President Moon Jae-in will hold his New Year’s press conference on Monday, which is expected to cover a range of issues, including the controversy over whether to offer pardons...
Captain of bulk carrier missing in Indian Ocean
SEOUL, The captain of a South Korean-flagged bulk carrier went missing early this month while sailing in the Indian Ocean, Coast Guard officials said Friday. A local shipping company reported...
S. Korean Bond Yields on Jan. 15, 2021
Today (%) Previous Session(%) Change (BP) 1-year TB 0.699 0.701 -0.2 3-year TB 0.973 0.988 -1.5 10-year TB 1.731 1.734 -0.3 2-year MSB 0.878 0.883 -0.5 3-year CB (AA-) 2.144...
Court orders pirate site to compensate authors for illegally using their works
SEOUL, The operators of a South Korean pirate website have been ordered to pay compensation to around 50 online comics creators for using their works without permission, judicial sources said...
Court issues orders in favor of Eastar Jet’s rehabilitation
SEOUL, The Seoul Bankruptcy Court on Friday ordered preservation measure and comprehensive prohibition for financially troubled budget carrier Eastar Jet, setting the stage for its rehabilitation and sell-off through merger...
Consular assistance law for overseas S. Koreans to take effect this week
SEOUL, A law designed to provide better consular assistance to overseas South Koreans involved in emergencies or accidents will take effect this weekend, the foreign ministry said Friday. The Act...
Head of commerce chamber asks court for leniency in Samsung heir’s bribery case
SEOUL, – The head of South Korea’s leading business lobby group on Friday sent a letter to a Seoul court asking for leniency in the upcoming sentencing of the Samsung...
USFK reports 6 more virus cases linked to Yongsan, Pyeongtaek bases
SEOUL, One American soldier stationed in South Korea and five individuals affiliated with U.S. Forces Korea (USFK) have tested positive for the new coronavirus, military officials said Friday. The service...
‘Parasite’ director Bong Joon-ho to head Venice Film Fest jury
SEOUL, Bong Joon-ho, writer-director of Oscar-winning South Korean film “Parasite,” will preside over the main jury of this year’s Venice International Film Festival, according to the festival’s website Friday. Bong...