SEOUL– The government and the ruling People Power Party (PPP) agreed Monday to promptly introduce a new freight rate system for cargo truckers.The two sides held a policy consultation meeting to discuss measures to normalize the cargo transport indust…
Category: General
S. Korean Bond Yields on Feb. 6, 2023
Today (%) Previous Session(%) Change (BP)1-year TB 3.459 3.400 +5.92-year TB 3.403 3.240 +16.33-year TB 3.283 3.110 +17.310-year TB 3.283 3.148 +13.52-year MSB 3.397 3.234 +16.33-year CB (AA-) 4.237 4.081 +15.691-day CD 3.470 3.490 -2.0Source: Yonhap N…
Pirates’ Choi Ji-man says ‘deeply hurt’ to be dropped from WBC team
SEOUL– The Pittsburgh Pirates’ South Korean first baseman Choi Ji-man said Monday he was “deeply hurt” to miss out on a chance to represent the country at the upcoming World Baseball Classic (WBC), saying the club’s decision to block his participation…
Yoon orders humanitarian aid for quake-hit Iran, Turkey
SEOUL– President Yoon Suk Yeol instructed the government on Monday to come up with active measures to provide humanitarian assistance to Iran and Turkey hit hard by recent earthquakes, his office said.Yoon gave the instruction to the presidential Nati…
NIS forms interagency team to probe suspected anti-communist law violations
SEOUL– The National Intelligence Service (NIS) said Monday it has formed a joint team with the prosecution and police to investigate suspected anti-communist law violation cases until the end of the year.The spy agency plans to operate the interagency…
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…
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 …
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…
23 Thai tourists out of contact after arriving in Muan Int’l Airport
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 …
Search under way for 9 missing after fishing boat capsizes
SEOUL/SINAN, Feb. 5 (Yonhap) — Coast Guard rescue crews were searching Sunday for nine people whose boat capsized in waters off South Korea’s southwestern coast.It was reported at 11:19 p.m. Saturday that the 24-ton vessel had overturned in waters 16….