...

[News Focus] Moon’s river probe order puts auditor in dilemma

President Moon Jae-in won the election on a promise to eradicate “accumulated evils,” clearly stating that former Presid …

Share Button

Household Debt Hits Record High at 1,360 Tril. Won

Korea’s household debt balance rose by more than 17 trillion won in the first quarter of this year, reaching an all-time high at 1,360 trillion won. According to preliminary data released by the Bank of Korea on May 23, the nation’s household credit balance amounted to 1,359.7 trillion won. This figure is the highest since the central bank started compiling related statistics from the fourth quarter of 2002. The household credit balance includes not only loans from financial i… …

Share Button

Rain, Kim Tae-hee Expect a Child

Pop star Rain and his actress wife Kim Tae-hee will become parents soon, the couple announced Tuesday. Kim’s management agency said she is 15 weeks pregnant. “We thought it would be better to deliver the news to the fans ourselves, rather than people finding out about it by spotting her in hospital… …

Share Button

Together, we will make his dreams come true: President Moon

President Moon Jae-in (eighth from left), first lady Kim Jung-sook (seventh from left), and other dignitaries pay silent tribute to late former President Roh Moo-hyun, in Bongha Maeul Village, Gimhae …

Share Button

14th Century Scriptures Found Inside Head of Buddha Statue

[Culture] : A rare discovery of Buddhist scriptures has the Buddhist community excited.[more…] …

Share Button

S. Korea's childbirths on steady decline in March

SEJONG, May 24 (Yonhap) — The number of childbirths in South Korea sank for the 16th consecutive month in March as the country is struggling with a continuing trend of late marriage and a rapidly aging population, a government report showed Wednesday. …

Share Button

[Interview] An activist on a mission to bring peace to East Asia

“Since being released after 19 years in prison, I’ve been interested in the issues of abolishing torture and releasing political prisoners. I’ve had a lot of conversations while traveling around not o.. …

Share Button

S. Korea strongly condemns Manchester terror attack

South Korea on Tuesday strongly condemned a terror attack at a concert in Britain that killed 22 people and injured 59 o …

Share Button

Taekwang Joins Race to Acquire Vietnam's No. 1 Logistics Firm

Taekwang jumped into a race to take over Gemadept, the largest logistics firm in Vietnam, as part of an effort to establish a secure logistics base in Southeast Asia. According to industry sources on May 22, Taekwang recently submitted a letter of intent to acquire the company listed on the country’s Ho Chi Minh City Stock Exchange. Founded in 1990, Gemadept has about a dozen of subsidiaries in the areas of logistics, port operations, and real estate development. Gemadept is … …

Share Button

UN Security Council warns of further sanctions against Pyongyang

The U.N. Security Council unanimously adopts a statement strongly denouncing the launch of a ballistic missile by North Korea from its Bukchang facility in Pyeongannam-do Province, in New York on May …

Share Button

Screen, Audio Problems Dog Samsung Galaxy S8

Samsung is getting increasing complaints about its hit Galaxy S8 smartphone about the audio and display cracks. Some had no sound at all or audio cutouts after a couple of seconds of listening to music or watching videos.British website Trusted Previews on May 11 said, “Some users are able to bring … …

Share Button

S. Korean Military Fires at Unidentified Object Flying over inter-Korean Border

[Inter-Korea] : The South Korea military fired warning shots at an unidentified object crossing the inter-Korean …[more…] …

Share Button

(LEAD) South Korea fires warning shots at flying object from North

(ATTN: UPDATES throughout with details) SEOUL, May 23 (Yonhap) — South Korean troops fired warning shots at an “unidentified object” flying across the heavily fortified border from North Korea Tuesday afternoon, the South’s military announced. Th …

Share Button

Trial and memorial service mark reversed fate of former presidents

Former South Korean leaders were at the center of local media attention Tuesday as the start of a trial marked the plung …

Share Button

Cheongwadae to Look into Four Rivers Project Policy Making Process...Claims of Political Vendetta May Arise

President Moon Jae-in has ordered an audit on the “Four Major Rivers Project,” a massive government-led investment projects under the Lee Myung-bak administration. The audit’s focus will be on how the decisions were made and how these were implemented. Given the audit will aim squarely at those undertaken by the conservative government before the Park Geun-hye administration, there will likely be backlash and claims of political vendetta. Kim Soo-hyun, Presidential Senior Advisor to Social Af… …

Share Button

President entrusts water resources solely to environment ministry

Senior presidential secretary for social affairs Kim Su-hyun gives a briefing at Cheong Wa Dae on May 22 about President Moon Jae-in’s order giving the Ministry of Environment final managerial say ove …

Share Button

Remains of Person Wearing Life Jacket Found in Sewol Ferry

[Domestic] : Search workers have found the remains of a person wearing clothes and a life jacket in the salvaged …[more…] …

Share Button

Massive Explosion Reported at Concert Arena in Manchester, England

British police reported a massive explosion Monday in an arena in Manchester where a rock concert had just ended.Few details are available, but authorities are warning people to stay away from the area.British police say there are a number of confirmed fatalities, as well as multiple injuries, accor… …

Share Button

(2nd LD) 2 killed, 3 injured in crane accident at construction site

(ADDS another accident in last two paras) SEOUL, May 22 (Yonhap) — Two South Koreans were killed and three others injured after a crane broke down at a construction site near Seoul, police said Monday. Five workers fell from a 55-meter-tall towe …

Share Button

Mark Zuckerberg sends congratulatory email to President Moon Jae-in

Facebook founder and CEO Mark Zuckerberg reportedly sent an email on May 19 to President Moon Jae-in congratulating him on his election, the Blue House reported in a May 21 press release. In his ema.. …

Share Button