Daily Archive: February 21, 2021

Retail investors pare down net stock buying in Feb.

SEOUL– South Korean retail investors pared down their net buying of local stocks in February as the country’s key stock index traded in a tight range following a bull run, data showed Sunday.Retail investors snapped up a net 5.8 trillion won (US$5.24 …

Cargo handling at seaports down 1.6 pct in Jan.

SEOUL– The amount of cargo processed at South Korea’s seaports moved down 1.6 percent in January from a year earlier amid the new coronavirus pandemic, data showed Sunday.The volume of cargo handled at local sea ports came to 128.9 million tons last m…

N.K. man caught on coastal CCTV cameras at least four times: sources

SEOUL– A North Korean man was caught on military surveillance cameras set up along the east coast at least four times after he swam ashore in the South, but border guards did nothing to stop him, an investigation has found.Military authorities have be…

Forest fire in Jeongseon contained, no casualties reported

JEONGSEON, South Korea– A wind-fed forest fire that broke out in the northeastern county of Jeongseon has been put out after 18 hours, authorities said Sunday.The fire, which broke out on Saturday, was put out as of 9:40 a.m. after affecting an estima…

2 concrete pipe producers fined 313 mln won over price collusion

SEOUL– South Korea’s antitrust regulator said Sunday it has decided to fine two small concrete pipe producers a combined 313 million won (US$282,000) for colluding to fix prices of industrial pipes.Buyang Industry Co. and Shinhung Hume Pipe Co. collud…

Doctors’ association threatens strike over bill on licenses

SEOUL– South Korea’s largest association of doctors said Sunday it will stage a general strike if parliament passes a revised bill on revoking the licenses of medical professionals convicted of serious crimes.The threat by the Korean Medical Associati…

Defectors to sue unification minister for alleged defamation

SEOUL– Four North Korean defectors plan to sue Unification Minister Lee In-young for defamation over his recent remarks casting doubt over what defectors say about the North’s human rights situation, a local activist group said Sunday.Earlier this mon…

Forest fires break out across nation

SEOUL– Forest fires broke out across South Korea on a dry Sunday, with firefighters struggling to contain them in windy conditions while residents were forced to evacuate their homes.In Andong, about 270 kilometers southeast of Seoul, a fire that star…