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News
S. Korea's 1st trial voyage reaches Rotterdam via Arctic route
18+ hour, 44+ min ago (13+ words) Yonhap News Agency...
Finance minister nominee says corporate tax cut not under consideration
1+ day, 7+ hour ago (218+ words) SEOUL, Sept. 13 (Yonhap) -- Finance Minister nominee Lee Hyoung-il said Sunday the he is not considering a corporate tax cut, citing the restoration of the corporate tax rate that took effect this year. The nominee made the remarks in response to…...
Lee reassures public over oil prices amid escalating Middle East tensions
2+ day, 8+ hour ago (199+ words) SEOUL, Sept. 12 (Yonhap) -- President Lee Jae Myung reassured South Koreans on Saturday that the government is taking all necessary measures to stabilize oil prices amid a surge in global crude prices caused by escalating tensions in the Middle East. In…...
PM says S. Korea does not discriminate against foreign companies
3+ day, 13+ hour ago (416+ words) SEOUL, Sept. 11 (Yonhap) -- Prime Minister Han Seong-sook emphasized Friday that the South Korean government does not discriminate against companies based on nationality. Han made the remarks during a meeting hosted by the American Chamber of Commerce in Korea (AMCHAM) in…...
Gender minister says Google must take responsibility for any legal violations over data leak
3+ day, 15+ hour ago (224+ words) SEOUL, Sept. 11 (Yonhap) -- Gender Equality Minister Won Min-kyong said Friday that Google must take responsibility for any legal violations over an alleged leak of personal data of digital sex crime victims. The personal information was earlier exposed from a foreign…...
Head of S. Korea's fair trade watchdog to visit U.S. next week for conference
4+ day, 12+ hour ago (206+ words) SEOUL, Sept. 10 (Yonhap) -- The chairperson of South Korea's fair trade watchdog plans to visit the United States next week to take part in an antitrust policy conference, the agency said Thursday. Ju Byung-ghi, chairperson of the Fair Trade Commission (FTC),…...
Seoul city to spend 86.1 tln won to become 'global top 3' city by 2030
4+ day, 15+ hour ago (207+ words) SEOUL, Sept. 10 (Yonhap) -- Seoul city plans to spend 86.1 trillion won (US$64.3 billion) in key projects to raise its competitiveness to that of a "global top three" city by 2030, Mayor Oh Se-hoon said Thursday. Oh has pushed for elevating the city's…...
DAPA chief attends int'l defense exhibition in Poland
4+ day, 15+ hour ago (201+ words) SEOUL, Sept. 10 (Yonhap) -- The chief of South Korea's defense procurement agency has participated in an international defense exhibition in Poland to support exports of homegrown arms products in Europe, the Defense Acquisition Program Administration (DAPA) said Thursday. DAPA Minister Lee…...
PM orders preemptive securing of crude amid rekindled Middle East tensions
4+ day, 17+ hour ago (166+ words) SEOUL, Sept. 10 (Yonhap) -- Prime Minister Han Seong-sook instructed economic officials Thursday to preemptively secure crude supplies for the coming months, citing rekindled tensions in the Middle East. Han said during an emergency economic meeting that enough crude has been secured…...
PM calls for shared prosperity with Africa in era of AI transformation
5+ day, 16+ hour ago (262+ words) SEOUL, Sept. 9 (Yonhap) -- South Korea is ready to work with African nations to share and combine its prowess in artificial intelligence (AI) and digital technologies with the massive growth potential of the resource-rich continent for mutual prosperity, Prime Minister Han…...