Daily Archive: July 3, 2021

Seoul stocks tipped to rebound next week amid earnings hope

SEOUL– South Korean stocks are likely to rebound next week, as optimism for strong corporate earnings is expected to buffer growing virus concerns, analysts said Saturday.The benchmark Korea Composite Stock Price Index (KOSPI) closed at 3,281.78 point…

Heavy rain advisory issued for almost all parts of S. Korea

SEOUL– A heavy rain advisory has been issued for the greater Seoul area and almost all parts of South Korea over the weekend, the state weather agency said Saturday.The Korea Meteorological Administration (KMA) said the heavy rain watch is to take eff…

N. Koreans overtake S. Koreans in TOEFL score in 2020: report

SEOUL– North Koreans surpassed South Koreans in the Test of English as a Foreign Language (TOEFL), one of the leading English language proficiency tests, last year, a report showed Saturday.According to a report from the U.S.-based Education Testing S…

S. Korea reports 794 additional COVID-19 cases

SEOUL– South Korea has confirmed 794 new COVID-19 cases, local health authorities announced Saturday, amid worries about a potential fourth wave of large-scale infections nationwide.The latest figure is down from 826 recorded the previous day, but it …

North Korea Shows No Vaccine Urgency, Despite New Virus Woes

North Korea this week reported a mysterious “grave incident” that suggested a major lapse related to its coronavirus response.Its leader, Kim Jong Un, recently acknowledged food shortages, comparing the situation to a devastating 1990s famine.The Nort…

Umbrella labor union holds street rally despite virus concerns

SEOUL– South Korea’s major umbrella labor union pressed ahead with a massive street rally Saturday in central Seoul despite the government’s warning of a stern response.Around 8,000 members of the Korean Confederation of Trade Unions (KCTU) gathered i…