Korea News Digest

S. Korea to sell 9 tln won worth of gov’t bonds in October

SEOUL– South Korea plans to sell 9 trillion won (US$6.25 billion) in government bonds next month, the finance ministry said Thursday. The ministry will issue 1.3 trillion won in Treasurys with a two-year maturity, another...

Powernet Technologies to raise 5 bln won via stock offering

SEOUL– Powernet Technologies Corp. on Thursday announced that it will sell stock to raise 5 billion won(US$3.5 million). The proceeds from the stock sale will be used mainly to finance its operations. According to a...

PM calls for swift containment measures against African swine fever

SEOUL– Prime Minister Han Duck-soo on Thursday called for officials to swiftly carry out containment measures against the African swine fever, with the nation having reported two new outbreaks of the disease. The disease was...

Harris promises to seek solutions to S. Korea’s concerns about IRA

SEOUL– U.S. Vice President Kamala Harris promised President Yoon Suk-yeol on Thursday that the United States will look for solutions to South Korea’s concerns about the Inflation Reduction Act (IRA) as the law is implemented,...

N. Korea fires ballistic missile toward East Sea: S. Korean military

SEOUL– North Korea fired an unspecified ballistic missile into the East Sea on Thursday, South Korea’s military said, in the third provocation this week by the recalcitrant regime. The Joint Chiefs of Staff (JCS) announced...