Post Tagged with: "Korea News"

Moon So-ri's Directorial Debut Film Invited to Far East Film Fest

Actress Moon So-ri’s directorial debut film has been invited to the Far East Film Festival in Undine, Italy. “The Running Actress” has been included in the White Mulberry competition section, which mostly features films by rookie directors. In her film, which offers a snapshot of an actress’ life, M… …

S. Korean culture minister says Kim Jong-un 'sincere' about improving inter-Korean ties

SEOUL, April 12 (Yonhap) — South Korean Culture Minister Do Jong-whan said Thursday that North Korean leader Kim Jong-un is serious about trying to improve inter-Korean ties, adding that it is a cause for optimism with the Seoul-Pyongyang summit just …

Cho Yong-pil Talks About Aging and the Future

Singer Cho Yong-pil held the first press conference in five years in Seoul on Wednesday, having been rarely seen since a showcase for his 19th album “Hello” back in 2013. “I still listen to music every day, mostly on YouTube,” said Cho, who is preparing for a nationwide tour celebrating the 50th ann… …

Yonhap News Summary

The following is the first summary of major stories moved by Yonhap News Agency on Thursday. —————- S. Korean economy expected to grow 3 percent in 2018 SEOUL — The central bank said Thursday that the South Korean economy is e …

U.S., Russia Edge Toward Showdown Over Syria

When the U.S. fired Tomahawk missiles at a Syrian airfield a year ago after a chemical weapons attack, the Pentagon gave Moscow advance warning to get its personnel out of harm’s way.Since then, U.S.-Russian relations have soured, and the two nuclear powers have raised the ante, getting dangerously … …

Creditors Cancel Plan to Put STX under Court Receivership

[Economy] : Creditors of troubled shipbuilder STX have decided to accept the company’s self-rescue plan.  The state-run Korean Development Bank(KDB) announced on Wednesday that it decided to withdraw a plan to place STX Offshore & Shipbuilding under court receivership. The KDB said it reached the decision after …[more…] …

Aging process of South Korean corporate sector prioritizes profitability over growth potential

The percentage of publicly listed companies in South Korea that have existed for more than 10 years decreased 26% from four years ago, and growth indicators including sales and total assets have gotte.. …

(LEAD) S. Korea's top security adviser makes surprise visit to U.S

(ATTN: UPDATES with details from 3rd para) WASHINGTON, April 11 (Yonhap) — South Korea’s top national security adviser made a surprise visit to Washington Wednesday to meet with his U.S. counterpart, John Bolton, sources said. The trip by Chung E …

President Moon meets World Economic Forum leader

President Moon Jae-in (right) shakes hands with the executive chairman of the World Economic Forum, Klaus Schwab, at Cheong Wa Dae on April 11. (Cheong Wa Dae) By Sohn JiAe Pre …

Foreign Investment in Local Securities Grows Despite US Rate Hike

[Economy] : Foreign investment in local stocks and bonds increased last month from February despite a key rate hike in the U.S. According to the Bank of Korea on Wednesday, the amount of foreign investment in local securities posted on-month growth of one-point-13 billion U.S. dollars in March, marking a turnaround …[more…] …

Gov't Won't Make Parents' Day a Public Holiday

Cheong Wa Dae and the ruling Minjoo Party has decided not to make Parents’ Day, which falls on May 8, a public holiday, although it was one of the pledges President Moon Jae-in made on the campaign trail.The main opposition Liberty Korea Party was against the idea, criticizing it as a typical exampl… …

Yonhap news advisory for Wednesday April 11

The following stories are scheduled to be covered by Yonhap News Agency. Your queries are welcome. Yonhap’s English-language news desk can be reached by telephone at 82-2-398-3451 (general) and 82-2-398-3460 (economics), and by email at jjhwang@yna.co. …

Union of Shipbuilder STX Agrees on Restructuring Plan

[Economy] : Unionized workers of cash-strapped shipbuilder STX have agreed to a restructuring plan.  The labor union of STX Offshore & Shipbuilding completed negotiations with management at around 6 p.m. on Tuesday and then submitted a letter expressing its commitment to the plan to the company’s main creditor and …[more…] …

International scholars withdraw boycott declaration against KAIST

Fifty-seven artificial intelligence (AI) and robotics researchers from around the world withdrew a boycott declaration against the Korea Advanced Institute of Science and Technology (KAIST) after prev.. …

Prosecutors seek freeze on ex-President Lee's assets

SEOUL, April 10 (Yonhap) — Prosecutors on Tuesday requested a freeze on former President Lee Myung-bak’s assets one day after he was indicted for corruption. The prosecution filed the request with a Seoul court, seeking to ban him from disposing …

Incumbent Seoul Mayor to Declare Bid for Reelection

[Politics] : Seoul’s two-time Mayor Park Won-soon will declare his intention later this week to run again for office in the June local elections. According to Park’s office, the current mayor will declare his bid on Thursday at the ruling Democratic Party’s headquarters in western Seoul. Other contenders from his …[more…] …

Korea Consumes Most U.S. Beef Per Capita in the World

Korea ranked first on the list of countries by U.S. beef consumption per capita last year, amid easing fears over mad cow disease that had lasted more than a decade. According to a report by the U.S. Meat Export Federation on Monday, Korea imported US$1.22 billion worth of American beef in 2017, mak… …

Yonhap news advisory for Tuesday April 10

The following stories are scheduled to be covered by Yonhap News Agency. Your queries are welcome. Yonhap’s English-language news desk can be reached by telephone at 82-2-398-3451 (general) and 82-2-398-3460 (economics), and by email at jjhwang@yna.co. …

Head of Antitrust Watchdog Stresses Economic Democratization

[Economy] : The head of South Korea’s antitrust watchdog has emphasized the importance of economic democratization.  Fair Trade Commission(FTC) Chairman Kim Sang-jo revealed his stance on that matter Monday in response to a public petition that expresses support for the government’s initiatives aimed at improving …[more…] …

What Lessons Will Cheong Wa Dae Learn from Park's Sentence?

Ex-President Park Geun-hye was sentenced to 24 years in prison last Friday, convicted of most of the criminal charges against her, including bribery and extortion. The ruling was widely expected. Although the court did not say so, perhaps Park’s biggest offense was allowing her longtime confidante C… …