Post Tagged with: "Korea News"

LS Cable & System Wins Ultra-high Voltage Undersea Cable Order

LS Cable & System announced on July 17 that it received a 62-billion-won ultra-high voltage undersea cable order from Singapore PowerGrid. LS Cable & System will supply the cable for SPPG’s project of connecting a 1.5-kilometer area between Woodlands, a new town located in the North Region of Singapore, and Johor Baharu, a resort city in the southern part of Malaysia. This project is to replace the old undersea cable installed by a French firm in 1985. LS Cable & … …

Top Office: Independence Day Pardons Not Possible

[Politics] : The presidential office has no plans to grant special pardons for convicted inmates on the occasion of the August 15th Korean Independence Day.[more…] …

Russia Demands Return of 2 Shuttered Compounds in U.S.

Russia demanded Monday that the United States return two compounds that were ordered closed last year after the U.S. intelligence community concluded that Moscow had interfered in the 2016 U.S. presidential election.Foreign Minister Sergei Lavrov called the U.S. closure of the properties in the east… …

Death toll from weekend rain rises to 5

The death toll from torrential rains that devastated the central regions of South Korea over the weekend rose to five, w …

President Moon appoints new officials

Cheong Wa Dae spokesperson Park Soo-hyun announces President Moon Jae-in’s choice of new vice-minister level officials, at the Chungchugwan press center at Cheong Wa Dae on July 17. Pictured is the sp …

U.S. cautious toward S. Korea's proposal for inter-Korean talks

By Lee Haye-ah WASHINGTON, July 17 (Yonhap) — The United States on Monday expressed a cautious attitude toward South Korea’s proposal for rare inter-Korean talks. Seoul proposed military talks on Friday and Red Cross talks on Aug. 1 to discuss wa …

Education Ministry Creates TF to Simplify College Entrance System

[Domestic] : The Education Ministry has created a task force to simplify the national college entrance …[more…] …

KR Aims to Bring Back "Motorbike Boom" Again

Suh Jung-min, CEO of KR Motors, unveiled his vision of reinvigorating Korea’s motorcycle industry by increasing R&D investment and improving the efficiency of its sales network on the back of the company’s latest acquisition of a unit of Daelim Motor Company. KR Motors, the nation’s second-largest motorbike maker, signed a deal on July 11 to acquire the motorbike manufacturing unit of Daelim Motor Company, the nation’s largest company in the industry, for 33.4 billion won. … …

“There is no later. We’re changing things now,” 18th Queer Culture Festival

Seoul Plaza was decorated with tens of thousands of colorful rainbows on an intermittently rainy July 15. Appearing everywhere from flags to headbands, the rainbow-colored symbols were a message of su.. …

Death toll from weekend rain rises to 4

The death toll from the torrential rains that devastated the central regions of South Korea over the weekend rose to fou …

Macron: Charm Offensive May Soften Trump's Climate Stance

French President Emmanuel Macron says his glamorous Paris charm offensive on Donald Trump might have changed the U.S. president’s mind about climate change. Macron defended his outreach to Trump, saying in an interview Sunday in the Journal du dimanche newspaper “our countries are friends, so we sho… …

Nuclear operator opposed to permanent halt to power plant construction: board member

SEOUL, July 16 (Yonhap) — The board of directors at South Korea’s nuclear operator that recently voted for a temporary suspension of construction of two nuclear power plants is opposed to the permanent halt of the projects, one of its members said Sun …

Samsung succession memo likely written in August 2014

A handwritten memo found inside Cheong Wa Dae, along with some 300 documents purportedly from the previous Park Geun-hye …

More than 7 in 10 S. Koreans favor constitutional revision: poll

SEOUL, July 16 (Yonhap) — More than seven in 10 South Koreans support a constitutional revision, with most of them citing the need to make the decades-old basic law relevant to changes in today’s society, a survey showed Sunday. Regarding the gov …

Heavy Rain Pounds Chungcheong, Gyeongsang

[Science] : Heavy rain is pounding Chungcheong and North Gyeongsang Province on Sunday, with heavy …[more…] …

US asking S. Korea to increase defense cost share, while using funds for relocation

“We will always defend our allies. As part of that commitment, we are working together [with South Korea] to ensure fair burden sharing in support of the US military presence in South Korea. Burden sh.. …

S. Korea to raise minimum hourly wage for next year by 16.4 pct

South Korea’s minimum wage for next year was set at 7,530 won ($6.64) per hour, up 16.4 percent from this year, official …

Over Half of Unemployed are College Graduates

[Economy] : As the job market for youths further tightens, unemployment has worsened among those with higher …[more…] …

(LEAD) S. Korea to raise minimum hourly wage for next year by 16.4 pct

(ATTN: UPDATES with decision; CHANGES headline) SEJONG, July 15 (Yonhap) — South Korea’s minimum wage for next year was set at 7,530 won (US$6.64) per hour, up 16.4 percent from this year, officials said Saturday. The decision came after last-m …

Drunken man nabbed after injuring over 10 people with broken bottle

Police on Saturday apprehended a drunken man who injured more than 10 people with a broken bottle after engaging in a pr …