The South Korean economy is facing increasing downside risks as the uptick in COVID-19 cases is delaying the recovery of private spending amid heightened uncertainty about the global economic recovery, a state-run think tank said Thursday. Asia's fourth-largest economy is on a recovery track driven by solid exports, but slumps in the face-to-face service sector are deteriorating during the current spike in coroanvirus cases, according to a monthly economic assessment report by the Korea Developm

The unification ministry said Thursday that it has approved three requests by civilian organizations to provide humanitarian assistance to North Korea, which are meant to help bolster cross-border cooperation and exchanges. The decision was announced amid cautious optimism about the resumption of dialogue created after North Korea restored all communication lines with South Korea early this week following about two months of suspension attributable to Pyongyang's protest over a joint military e

DAEJEON-- A court ruled Thursday in favor of a deceased transgender solider in a suit filed to get the Army's decision to discharge her repealed, a landmark ruling that could have deep repercussions in the way South Korean society treats sexual minorities. The Daejeon District Court said that the military should have considered late Ssg. Byun Hee-soo as a woman when reviewing whether she was fit for military duty after a sex-change operation. "Since she applied for a sex change at a court

Nearly nine in 10 bond mavens in South Korea predict the central bank to freeze its key interest for October due mainly to volatile external conditions, a poll showed Thursday. According to the survey of 200 bond experts by the Korea Financial Investment Association, 87 percent of the 100 respondents forecast the Bank of Korea (BOK) to hold its policy rate steady at a rate-setting meeting slated for next week. The number of standpatters was up from 67 in August. In contrast, 13 bond experts, dow

South Korea plans to implement measures to stabilize the market in a timely manner if needed as market volatility has increased amid external economic risks, a senior government official said Thursday. First Vice Finance Minister Lee Eog-weon said the Korean financial market has been "excessively" volatile in recent sessions despite the country's strong macroeconomic fundamentals. South Korea's benchmark index, the Kospi, nosedived nearly 2 percent and the Korean currency fell to a 14-

South Korea was to launch a new 5,600-ton-class submarine rescue vessel Thursday capable of conducting rescue operations in the deep sea regardless of weather conditions, the Navy said. A launch ceremony for the vessel, named Ganghwado, is scheduled to take place later in the day at the Okpo shipyard of Daewoo Shipbuilding & Marine Engineering Co., on the southern island of Geoje, it added. Built under the ARS-II (auxiliary submarine rescue ship) project launched in 2015, it is the country

LG Electronics Inc. said Thursday it will expand its partnership with Italian luxury furniture maker Molteni&C S.P.A. to better promote its high-end brand LG Signature. The two sides last year signed a deal to collaborate on marketing, promotion and product development related with LG Signature home appliances, Molteni&C residential furniture and Dada kitchen furniture over the next three years. Molteni&C, founded in 1934, is a renowned designer furniture maker. It runs some 530 stor

Twelve service members and two civilian workers for the military have tested positive for COVID-19, the defense ministry said Thursday, the latest in a series of infections at barracks across South Korea. Ten Army members, two Navy officers, and the civilian employees were confirmed to have been infected either following their recent vacation or after coming into contact with individuals who had tested positive, according to the ministry. Of them, nine were "breakthrough infections,"

Yoon Seok-youl, the leading opposition presidential candidate, has increasingly faced questions about superstitious or unscientific beliefs, this time over his alleged ties to an anal acupuncture specialist that he claims to have no knowledge of. The allegation surfaced Tuesday during the sixth TV debate among presidential contenders of the main opposition People Power Party, when one of Yoon's competitors, former Rep. Yoo Seong-min, asked him if he has met someone "known to perform acupun

  1) 단어 + 예문 10개 더 많은 토익빈출 단어 '해커스 토익 기출 보카'에서 확인 ▶     2) 파트 5 3문제 1. The documentaries were filmed in black and white to ------- memories of the days when film technology was still in its beginnings. (A) select (B) evoke (C) retreat (D) consent   해석 그 다큐멘터리들은 영화 기술이 아직 초창기였던 때의 기억을 일깨우기 위해 흑백으로 촬영되었다.   해설 -- 동사 어휘 문제 ‘그 다큐멘터리들은 영화 기술이 아직 초창기였던 때의 기억을 일깨우기 위해 흑백으로 촬영되었다’라는 문맥에 되어야 하므로 ‘~의 기억을 일깨우다, 환기시키다’라는 뜻의 동사 (B) evoke가 정답이다. 참고로 (A) select는

The World Health Organization (WHO) said that it has begun the shipment of COVID-19 medical supplies to North Korea through the Chinese port of Dalian, raising the possibility that the North might be easing its long-enforced tight border controls amid the global pandemic. North Korea has tightened border controls since the outbreak of the coronavirus in China, which has meant key materials and medical supplies could not be shipped to the North. The North closed off a major shipping route linkin

South Korea's daily new coronavirus cases remained in the 2,000s for a second day in a row Thursday following a long weekend, amid concerns over the spread of the pandemic ahead of another extended weekend. The country added 2,427 more COVID-19 cases, including 2,400 local infections, raising the total caseload to 325,804, according to the Korea Disease Control and Prevention Agency (KDCA). Daily infections rebounded to over 2,000 again Wednesday after falling below the 2,000 mark Monday and T