Lee Jae-myung, the presidential nominee of the ruling Democratic Party, is tied with his rival Yoon Seok-youl of the main opposition People Power Party at 36 percent support, a survey showed Friday. Lee gained 5 percentage points from two weeks ago, while Yoon lost 6 points, in the survey of 1,000 adults conducted Tuesday to Thursday by Gallup Korea. The other two mainstream candidates -- Sim Sang-jeung of the minor progressive Justice Party and Ahn Cheol-soo of the minor opposition People's P

Davidson junior may be just one promising NCAA player in the pack, but Koreans have high hopes

South Korean President Moon Jae-in is planning a meeting late this month with heads of major local conglomerates to thank them for participating in government-led job creation projects, local news reports said Friday. The presidential office is reportedly in talks with Samsung Group, Hyundai Motor Group, LG Group, SK Group, Posco and KT to invite their chief leaders. Prime Minister Kim Boo-kyum may thank them for their taking part in the job creation project that focuses on creating education o

Controversy mars Lee’s chances to emphasize change, novelty

Top Chinese Communist Party diplomat Yang Jiechi said the nation supports President Moon Jae-in’s push for the declaration of the end of the Korean War during talks with Korea’s national security adviser Suh Hoon in Tianjin, China, officials said on Friday. Suh’s visit to China was made as a follow-up to Yang’s visit to Seoul in August 2020. They discussed bilateral relations, denuclearization of the Korean Peninsula and other regional issues. Cheong Wa Dae said Suh ex

A Coast Guard rescue operation was under way Friday to evacuate Chinese sailors from a fishing boat sinking in South Korea's southern waters, officials said. The 1,000-ton Chinese vessel started sinking at 10:59 a.m. after colliding with a rock in waters 22 kilometers southeast of Ganyeo Rock near the southern coastal city of Yeosu, 450 kilometers south of Seoul, according to officials. So far 13 people have been rescued, and nine others are also being evacuated. Coast Guards officials were d

President Moon Jae-in and first lady Kim Jung-sook on Friday invited officials from 14 major charities to the presidential office, joining them in promoting year-end donations. Moon and Kim delivered charitable donations to them and complimented their hard work in the face of the COVID-19 pandemic, the presidential office said in a statement. During the meeting, Moon asked for more people to participate in the culture of donating and sharing. Moon also asked people to pay more attention to t

Main opposition presidential candidate Yoon Seok-youl is unlikely to face indictment over allegations the prosecution colluded with the opposition party to attempt to investigate pro-government figures when he was prosecutor-general, observers said Friday. The investigation into the alleged collusion floundered after the Seoul Central District Court rejected an arrest warrant for Son Jun-sung, a prosecutor accused of conspiring with the People Power Party, for the second time Thursday. Son's a

The unification ministry's next year budget for inter-Korean cooperation slightly increased despite chilled cross-border exchanges in the face of deadlocked nuclear negotiations and the North's prolonged border lockdown, according to officials. Under the budget plan approved by the National Assembly earlier in the day, the 2022 budget for the ministry handling inter-Korean relations was set at 1.5 trillion won ($1.3 billion), up from this year's 1.48 trillion won. Of the total, 1.27 trillion w

Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Friday it has signed a 383 billion-won ($325 million) deal to build a wind turbine installation vessel (WTIV). Under the deal with Monaco's Eneti Inc., the vessel will be delivered by the first half of 2023, DSME said. The latest deal was made in accordance with the 370 billion-won contract with Eneti in May, under which it has an option to place an order for an additional WTIV. The two WTIVs, which are 148 meters long and 56 meters wi

State-run Industrial Bank of Korea CEO Yoon Jong-won recently met with corporate clients and the Organization for Economic Cooperation and Development officials in Europe, while inspecting potential markets the bank is eyeing to enter, the firm said Friday. The meetings and site visits took place during his weeklong business trip to Poland, the United Kingdom and France from Nov. 23-30. In Poland, Yoon visited two factories and met with corporate clients to lend an ear to the troubles they ha

List highlights importance of tourism in safeguarding rural locales

Online shopping in South Korea hit a record high in October on the back of solid demand for food delivery services and electronic goods amid the COVID-19 pandemic, data showed Friday, in the latest sign that a growing number of people are using computers and mobile devices to buy things, ranging from clothes to electronic goods. The value of online shopping transactions stood at 16.9 trillion won ($14.35 billion) in October, up 21.7 percent from a year earlier, according to the data from Statis