South Korean football club Gangwon FC announced Tuesday they've hired former national team striker Choi Yong-soo as new head coach. Choi, 48, is taking over a team in danger of relegation from the top-flight K League 1. With two matches remaining this season, Gangwon FC are in 11th place, second from last, with 39 points, only three ahead of Gwangju FC. The last-place club in the K League 1 will be automatically relegated to the K League 2 for next year. The 11th-place team will face a K Leagu

South Korea ranked 18th out of 85 countries in terms of integrity in the defense sector last year, an international anti-corruption organization said Tuesday. According to the Government Defense Integrity Index (GDI) by Transparency International, South Korea scored 59 points on a 100-point scale, receiving grade C, which means that a country has a moderate risk of corruption in the defense sector, according to Transparency International Korea. GDI is an index analyzing the risk of corruption

System integrator Doosan Logistics Solutions Co. (DLS) said Tuesday it has signed a deal with a local autonomous mobile robot (AMR) manufacturer KN to provide more logistics robots. "As orders for AMRs have increased in recent months, we have diversified the supply chain of AMRs to meet growing demands for them," the company said in an emailed statement. With the latest deal, DLS will be provided with AMRs by two AMR makers -- Chinese AMR maker Geek+ and KN. In November last year

Hyundai Rotem Co., a South Korean railway system and plant equipment maker, said Tuesday it has obtained a 207.8 billion won ($176 million) railway project in Taiwan. Hyundai Rotem formed a consortium with Taiwan's ST Engineering Electronic Ltd. to receive the deal from the Kaohsiung Mass Rapid Transit Bureau, the company said in a statement. Under the deal, Hyundai Rotem will supply electric multiple units, electricity and railway systems in the project to extend the existing Kaohsiung Red L

South Korea's tax revenue increased 4.1 trillion won ($3.5 billion) in September from a year earlier amid an economic recovery and a boom in asset markets, the finance ministry said Tuesday. The government collected 26.3 trillion won in taxes in September, compared with 22.2 trillion won a year earlier, according to the Ministry of Economy and Finance. The government said tax revenue has increased so far this year as corporate tax income has risen in line with the economic recovery, while capi

　The number of travel agencies in South Korea has declined nearly 6 percent over the past two years in the wake of the coronavirus pandemic, industry data showed. 　There were 21,231 travel agencies in Asia’s fourth-largest economy as of end-September, down 6.1 percent from two years earlier, according to the data from the Korea Tourism Association. 　The number fell to 21,540 a year earlier from 22,609 in September 2019 and continued to go south this year. 　The decrease came as pandemic

The number of critically ill COVID-19 patients in South Korea hit an all-time high on Tuesday as the daily caseload hovered over 2,000 for the seventh consecutive day amid eased antivirus curbs. The country reported 2,125 new COVID-19 cases, including 2,110 local infections, raising the total caseload to 399,591, according to the Korea Disease Control and Prevention Agency (KDCA). The number of patients in serious condition came to the highest ever figure of 495, breaking the previous record o

Having dug themselves into an early hole in the Korean Series, the Doosan Bears will now turn to their best starter from the regular season. The Bears have dropped the first two games of the best-of-seven set against the KT Wiz. They will have left-hander Ariel Miranda start Game 3 when the series resumes at 6:30 p.m. Wednesday at Gocheok Sky Dome in Seoul. But it will be a much different version of Miranda than the one the Bears saw during an MVP-worthy regular season. This will be the first

Korean Air Lines Co. said Tuesday it has received regulatory approval from Vietnam for its integration with smaller local rival Asiana Airlines Inc. Korean Air expects the latest approval to help speed up its process to acquire Asiana Airlines. In January, Korean Air submitted documents to anti-trust regulators of 14 countries for the review of its business combination with Asiana.  As of Tuesday, it had received approvals from six countries -- Vietnam, Thailand, Turkey, Taiwan, Malay

South Korean stocks opened lower Tuesday as investors attempted to cash in gains from the recent rally. The benchmark Korea Composite Stock Price Index (KOSPI) fell 4.66 points, or 0.16 percent, to 2,994.86 points in the first 15 minutes of trading. The KOSPI got off to a lackluster start amid losses in tech and auto heavyweights. Overnight, the tech-heavy Nasdaq composite and the Dow Jones Industrial Average both retreated 0.04 percent amid lingering inflation concerns. Top cap Samsung E

Entering this year's Korean Series against the Doosan Bears, the KT Wiz only carried two players with prior experience in the South Korean baseball championship stage. One was 40-year-old designated hitter Yoo Han-joon, who'd played in one in 2014. The other was backup catcher Hur Do-hwan, who'd only been a part-time player in the 2014 and 2018 Korean Series. Compare that to the Bears, who are playing in their seventh consecutive Korean Series. Other than rookies, virtually everyone has some e

North Korean leader Kim Jong-un has visited the northwestern city of Samjiyon, near the border with China, where a major development project is underway, Pyongyang's state media reported Tuesday. It marks his first public activity in more than a month. Located at the foot of Mount Paekdu, the highest peak on the Korean Peninsula, Samjiyon is known to be the birthplace of Kim's late father and former leader Kim Jong-il. Developing the city has been one of Kim's pet projects since taking office i

The Seoul-proposed end of the Korean War declaration seeks to create a denuclearization process that North Korea cannot walk away from, South Korea's First Vice Foreign Minister Choi Jong-kun said Monday. Choi also said such a framework will likely be a long and even torturous process. "The peace process could likely be long, arduous and even torturous. On the way, North Korea might be tempted to look back and doubt or hesitate to stay the course," he said in the annual South Korea-U