SEOUL– The Air Force has reported five new coronavirus cases, the defense ministry said Sunday.An airman based in the central city of Cheongju was confirmed to have contracted COVID-19 upon returning from vacation, and his colleague tested positive on…
SEOUL– South Korea’s homegrown craft beer has increasingly gained popularity over recent years, industry data showed Sunday, as local brewers offer a wide range of flavors at competitive prices.The local craft beer market was valued at 118 billion won…
SEOUL– The recent parliamentary passage of the so-called conflict of interest prevention law, which took eight years since its first proposal, is expected to bring about a vast change of culture in the public sector in terms of improved transparency a…
SEOUL– President Moon Jae-in on Sunday sent a letter of condolence to Israeli President Reuven Rivlin over last week’s stampede tragedy at a religious festival that killed 45 people, his office said.”President Moon expressed words of prayer for the vi…
SEOUL– Foreign Minister Chung Eui-yong left for Britain on Sunday to attend a Group of Seven (G7) meeting for discussions on access to COVID-19 vaccines, climate change and other global issues.The first in-person gathering of G7 foreign and developmen…
SEOUL– South Korean Kim Hyo-joo earned her fourth LPGA victory in Singapore on Sunday, marking her first LPGA win in over five years.The 26-year-old golfer captured the HSBC Women’s World Championship title at 17-under 271 to beat Hannah Green of Aust…
WASHINGTON– The U.S. policy toward North Korea is not aimed at hostility but reducing tension, the top U.S. security adviser said Sunday, adding the ultimate goal of the policy is to completely denuclearize the Korean Peninsula.National Security Advis…
SEOUL– South Korean conglomerate LG Group has launched its new holding firm with about 8 trillion won (US$7.1 billion) of assets as part of its restructuring plan, company officials said Sunday.The new holding firm named LX Holdings has five LG affili…
SEOUL– A new exhibition at the National Museum of Korea has brought together 76 portraits of British and global figures, ranging from playwright William Shakespeare to singer-songwriter Ed Sheeran.”Icons and Identities from the National Portrait Galle…
SEOUL– South Korea’s financial regulator is set to partially lift its ban on short selling of listed stocks this week, about 14 months after it imposed it to cope with a stock market rout triggered by the COVID-19 pandemic.Starting Monday, the ban on …
SEOUL– Retail investors’ stock ownership in Samsung Electronics Co., South Korea’s most valuable company, surpassed 10 percent for the first time as they went bargain hunting for its shares amid the COVID-19 pandemic last year, industry data showed Su…
SEOUL– South Korea’s leading shipper, HMM Co., said Sunday it has deployed one additional ship to the United States to cope with soaring freight costs amid the new coronavirus pandemic.HMM said a 5,000 twenty-foot-equivalent unit (TEU) ship carrying l…