SEOUL– A total of 23 Thai tourists have gone out of contact after arriving at Muan International Airport in southwestern South Korea over the past week, the justice ministry said Monday.The ministry said 10 Thais disappeared soon after landing at the …
Author: admin
FSS vows to strengthen watch on financial firms’ corporate governance
SEOUL– South Korea’s financial regulator said Monday it will hold a regular meeting with the board of major banks to help strengthen its oversight of the corporate governance of the banks.The Financial Supervisory Service (FSS) said the proposed meeti…
Teuida offers interactive Korean learning programs based on simulated conversations
SEOUL– While Korean TV series, films and K-pop, like “Squid Game” (2021), “Parasite” (2019) and BTS, have made their presence felt in the world in recent years, demand for Korean language has exploded with many young people across the globe searching …
Apparent N.K. weather balloon enters S. Korean airspace earlier this week: Seoul’s military
SEOUL– A suspected North Korean weather balloon entered South Korea’s airspace earlier this week, prompting Seoul’s military to strengthen its monitoring activities, according to a Seoul official Monday.The balloon measuring around 2 meters in length …
Seoul stocks end lower amid Fed rate hike woes
SEOUL– Seoul shares ended lower Monday, as strong U.S. jobs data fueled fears of further rate hikes to tame inflation. The Korean won fell sharply to a monthly low against the U.S. dollar.The benchmark Korea Composite Stock Price Index (KOSPI) fell 42…
SKC’s operating profit falls 45 pct in 2022 amid high electricity costs
SEOUL– SKC Co., a South Korean manufacturer of advanced materials, said Monday its operating profit declined 45.1 percent in 2022 from a year earlier, mainly weighed down by a spike in electricity bills and other costs.Operating profit reached 220.3 b…
Shinhan Bank CEO offers to quit over health issue
SEOUL– The new chief executive of Shinhan Bank has offered to resign due to an unspecified health issue only about a month after being elected to the top post of the major South Korean lender, bank officials said Monday.Shinhan Bank said its CEO Han Y…
North Korea Party Meeting Set to Discuss ‘Urgent’ Food Issue
North Korea has scheduled a major political conference to discuss the “urgent task” of improving its agricultural sector, a possible sign of worsening food insecurity as the country’s economic isolation deepens amid a defiant nuclear weapons push.North…
PM says relations with Japan must move toward future
SEOUL– Prime Minister Han Duck-soo said Monday that South Korea’s relations with Japan must move toward the future, as Seoul has unveiled a plan to resolve the issue of wartime forced labor that has long strained ties with Tokyo.”We believe that Korea…
5 of crew members missing from fishing boat capsizing found dead
SEOUL/SINAN– Rescuers searching a 24-ton fishing boat that capsized off the southwestern coast found five missing crew members dead inside the shipwreck Monday, Coast Guard officials said.Seawater started to flood the ship’s engine room, causing the v…