Archive for June, 2018

Moon set to return from Russia visit

SEOUL, June 24 (Yonhap) — South Korean President Moon Jae-in is set to return home Sunday after a three-day state visit to Russia for talks with President Vladimir Putin over North Korea’s denuclearization and economic cooperation. Moon and his wi …

S. Korea Loses 2-1 to Mexico at Russia World Cup

[Sports] : South Korea fell 2-1 to Mexico in their second group match at the Russia World Cup.  In the match that began midnight Sunday Korean time at the Rostov Arena in Rostov-on-Don, South Korea sustained its second consecutive loss.  Team Korea marked its first goal of the tournament when Tottenham Hotspur …[more…] …

[Editorial] Real estate tax reform plan fails to live up to expectations

The holding tax reform plan presented on June 22 by a special financial reform committee under the Presidential Commission on Policy Planning (PCPP) failed to live up to expectations. Specifically, it.. …

Two Koreas agree to family reunions in August

South Korean Red Cross President Park Kyung-seo (second from left) and Pak Yong Il (second from right), vice chairman of North Korea’s Committee for the Peaceful Reunification of the Country, shake ha …

(LEAD) Koreas to hold military talks on restoring communication lines

(ATTN: UPDATES with details) SEOUL, June 23 (Yonhap) — South and North Korea will hold working-level military talks next week on fully reconnecting bilateral communication lines, Seoul’s defense ministry said Saturday. The meeting will open at th …

Ex-Prime Minister Kim Jong-pil Dead at 92

Former Prime Minister Kim Jong-pil died on Saturday. He was rushed to a hospital in Seoul but died on his way to the hospital at around 8 a.m. He was 92.Born in Buyeo, South Chungcheong Province in 1926, Kim, who is considered one of Korea’s most influential politicians in the 1980s-1990s, played a … …

Gov't to Begin Domestic Procedures for FTA Talks with Russia

[Economy] : The Ministry of Trade, Industry and Energy said it has agreed with Russia to immediately begin domestic procedures to launch bilateral free trade negotiations in service and investment sectors. The ministry said it signed a joint declaration with the Russian Ministry of Economic Development to this effect …[more…] …

President Moon holds bright prospects for South, North Korea, Russia cooperation

President Moon Jae-in (second from left) holds a meeting with Russian Prime Minister Dmitry Medvedev (second from right), in Moscow on June 21. By Sohn JiAe Photos = Cheong Wa Dae …

Trump extends sanctions on N. Korea for 1 year

WASHINGTON, June 22 (Yonhap) — U.S. President Donald Trump on Friday extended sanctions on North Korea for a year, citing the “unusual and extraordinary” threat posed by its nuclear weapons program. The extension comes 10 days after Trump’s histor …

How to Exercise Without Strain

Steady exercise helps you lose body fat and improve muscular strength, but excessive exercise can be harmful and take its toll on the joints. Here are some points to note for efficient exercise without damaging your body. Too much exercise can cause acute complications from rhabdomyolysis to hernia…. …

S. Korea, Russia to Enhance Cooperation for Co-Prosperity

[International] : President Moon Jae-in and Russian President Vladimir Putin have agreed to enhance bilateral communication and cooperation for the peace and co-prosperity of the Korean Peninsula and Eurasia.  The two leaders on Friday issued the agreement in a joint press statement following their summit talks at the …[more…] …

TV Chosun under scrutiny for false reporting

A controversial false report by the TV Chosun network claiming North Korea demanded US$10,000 for coverage of the dismantlement of its Punggye Village nuclear test site was subsequent to heavy discipl.. …

(LEAD) S. Korean general assumes deputy Eighth U.S. Army chief post

(ATTN: UPDATES with his inauguration in lead paras) SEOUL, June 22 (Yonhap) — A South Korean Army general on Friday assumed a deputy commander post of the Eighth U.S. Army (EUSA) in a symbolic move to underscore the close-knit alliance. It marks …

38 North: No Dismantlement Activity Detected at Engine Stand in Sohae Station

[Politics] : A U.S. Web site monitoring North Korea says no activity of dismantlement has been detected at the rocket engine stand in the North’s Sohae Satellite Launching Station, the probable site North Korean leader Kim Jong-un promised to destroy soon.  According to 38 North on Thursday, commercial satellite …[more…] …

Gov't to Pay Cost of Scrapping Nuclear Reactor from Electricity Fees

The government on Thursday said it will tap into a public fund created to support the utility industry to cover the huge cost of shutting down the Wolseong No. 1 nuclear reactor in North Gyeongsang Province. It also said it could hike late-night electricity fees to pay for its phase-out of nuclear e… …

Seoul-Moscow cooperation builds Korean, Northeast Asian prosperity: president

President Moon Jae-in outlines his willingness to bolster Seoul-Moscow cooperation in his speech at the State Duma of Russia in Moscow on June 21. He is now the first Korean head of state to ever addr …

Experts warn of South Korea’s semiconductor boom

South Korea’s semiconductor boom is a bubble, and the current supply shortage is set to become a glut once Chinese companies finish building their own semiconductor plants in the second half of 2018, .. …

Trump: N. Korea has blown up 4 test sites

WASHINGTON, June 21 (Yonhap) — U.S. President Donald Trump said Thursday that North Korea has already destroyed four of its big test sites on the road to “total denuclearization.” Trump was speaking at a Cabinet meeting following his historic meet …

Korea's Oldest Stone Pagoda Unveiled After 20-Year Restoration

The Mireuksaji Seoktap in Iksan, North Jeolla Province, the biggest stone pagoda in East Asia, was unveiled on Wednesday after 20 years of restoration. The project sets the record as the longest restoration in Korea of a national heritage. Structural safety inspections in 1998 found the pagoda, whi… …

Moon Arrives in Moscow to Begin 3-Day State Visit

[International] : President Moon Jae-in has arrived in Moscow, starting a three-day state visit to Russia aimed at discussing North Korea’s denuclearization and bilateral or multinational economic cooperation, among other issues.  It marks the first state visit to Russia by a South Korean president in 19 years following …[more…] …