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[Howard Davies] Global banking rules finished?
11 injured in 53-car pileup on icy road in Wonju
FM Cho says he takes 'full responsibility' for Sado mine memorial dispute
SK hynix to increase dividend payouts by 25% per share by 2027
Lotte Group to provide Lotte World Tower as collateral for Lotte Chemical amid liquidity woes
Seoul Metro conductor's toilet break delays 125 trains
Yoon receives Ukrainian special envoy; Seoul silent on possibility of weapons aid
Presidential office worries over impact of Trump's proposed tariffs on Korean firms in Canada, Mexico
Korea's birthrate shows signs of recovery
Yonsei University to hold additional essay test amid question leak controversy
[Global Finance Awards] Viva Republica transforms financial ecosystem
Seoul blanketed by heaviest Nov. snow, with more expected
[Global Finance Awards] Hanhwa Life secures bigger footing in overseas markets
From candy to CPR, police step up to save citizens in need
Ador calls for Belift Lab’s ‘sincerity’ in Hanni workplace harassment case
Youth groups remember the Korean War
[Global Finance Awards] Mirae Asset Securities within reach of global top-tier ambition
[Global Finance Awards] Kakao Bank bolsters SE Asia foray with Superbank partnership
[Global Finance Awards] Mirae Asset bolsters global presence with W370tr under management
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New police team talks teen out of suicide
Social affairs
Jul 17, 2024
Two police officers managed to talk a teen out of jumping to his death from an apartment building, officials said Wednesday. According to Seoul Seocho Police Station, the officers were dispatched to an apartment complex in Seocho-gu, southern Seoul after receiving a report at around 8:30 p.m. on Monday that a 16-year-old boy was about to jump from the rooftop of an apartment building. He had climbed over the railing on the roof of the 24-story building and was found crouching on a ledge, appea
Korea's weapons in war against suicides
Social affairs
Jul 17, 2024
On the front lines of suicide prevention, S. Korea combines tech, detailed targeting of hazardous materials, human intervention
High-ranking NK defector being considered for vice-ministerial post: report
Politics
Jul 17, 2024
Tae Yong-ho, a former high-ranking North Korean official who defected to South Korea and later became a lawmaker for the conservative ruling People Power Party, could potentially become the first North Korean diplomat-turned-defector to ascend to a vice-ministerial post in South Korea's history, according to a report in local daily Dong-a Ilbo. Tae, 62, is reportedly being considered as one of the candidates for the position of secretary-general of the presidential Peaceful Unification Advi
Climate Clock to drop below 5-year mark for 1st time on Monday
Social affairs
Jul 17, 2024
Climate Emergency Day to take place on July 22
Seoul's Gyeonghuigung area to become massive historical park
Social affairs
Jul 17, 2024
Gyeonghuigung, a palace from the late Joseon era (1392-1910), and its surrounding area will be transformed into an expanded historical and cultural park in a gradual project running until 2035, the Seoul city government said Wednesday. The new park, covering approximately 136,000 square meters, will be 10 times the size of Seoul Plaza. The project aims to shine a light on Gyeonghuigung, a lesser-known palace, which has attracted fewer visitors compared to the nearby Gyeongbokgung and Deoksugung
Prosecutors seek arrest warrant for Kakao founder over suspected stock manipulation
Social affairs
Jul 17, 2024
Prosecutors on Wednesday requested an arrest warrant for Kim Beom-su, the founder of Kakao Corp., on charges of involvement in suspected illegal stock manipulation during the tech giant’s acquisition of K-pop powerhouse SM Entertainment last year. The Seoul Southern District Prosecutors Office filed a warrant for Kim over allegations of violating the Financial Investment Services and Capital Markets Act. The move comes a week after prosecutors grilled Kim for about five hours on suspicions
Heavy rain hits Seoul, Gyeonggi
Social affairs
Jul 17, 2024
First heavy rain watch issued across greater Seoul area
Ex-CIA official indicted on suspicion of working with S. Korean spy agency
Foreign affairs
Jul 17, 2024
Sue Mi Terry, a former CIA official and renowned expert on Korean Peninsula issues, has been indicted on charges of acting as an unregistered agent for the South Korean government since at least 2013 and receiving bribes that included luxury handbags and financial support. Terry "advocated ROK policy positions, including published articles and during media appearances, disclosed nonpublic US government information to ROK intelligence officers, and facilitated access for ROK government offic
Horseracing authority takes down 'sexual' YouTube content after controversy
Social affairs
Jul 17, 2024
The government-affiliated horse racing authority recently deleted a YouTube video depicting its horses as anime-style woman, after complaints that the content was sexually-suggestive. Rep. Yi Byeong-jin of the main opposition Democratic Party of Korea confirmed Tuesday that the Korea Racing Authority has deleted the video introducing its racehorses. The video featuring horses illustrated as anime-style women wearing skimpy outfits, is thought to be inspired by a mobile game that also depicted
Violence mars ruling party’s leadership race
Politics
Jul 17, 2024
Ruling party requests police probe into YouTubers that started brawl at campaign
Suspect of 16-year-old unsolved robbery-murder apprehended
Social affairs
Jul 17, 2024
A man in his 40s has confessed to a 2008 robbery and murder case in Siheung, Gyeonggi Province, local police said Wednesday. The suspect told investigators that he had been the one who stabbed a supermarket owner on Dec. 9, 2008 in Siheung, 26 kilometers southwest of Seoul. "I stabbed him. I'm sorry," was what he said, according to Siheung Police Station. The suspect has not elaborated on his motive for the crime. Authorities have been questioning the suspect since apprehending
Perpetrator in Miryang gang rape case apologizes after info made public
Social affairs
Jul 17, 2024
One of the alleged perpetrators in the notorious 2004 Miryang gang rape case recently posted a video apologizing to the victim, continuing controversy surrounding the 20-year-old case. Forty-four male high school students were accused of subjecting a middle school girl to months of sexual and physical assault. "I want to say I am so sorry to the victim, who would have been living in unimaginable pain since 2004. ... I know no apology would absolve me, but I sincerely would like to apologi
Yoon delays regional trip amid heavy rain
Social affairs
Jul 17, 2024
President Yoon Suk Yeol postponed his planned trip to the southern region Wednesday due to heavy rain, sources said. Yoon was scheduled to attend a meeting on regional cooperation in South Chungcheong Province, but the presidential office, mayors and governors agreed to delay the schedule to focus on measures against the heavy downpour, sources said. "The president is receiving real-time reports on damage across the nation and has urged the heads of each local government to concentrate reco
Heavy rain watch issued across northern Gyeonggi Province
Social affairs
Jul 17, 2024
A heavy rain watch was issued across parts of northern Gyeonggi Province on Wednesday, with 100 millimeters of rain per hour pouring in the border city of Paju, the state weather agency said. As of 7 a.m., heavy downpours of 100.9 mm per hour had been pounding Munsan, a town in Paju, 37 kilometers northwest of Seoul, according to the Korea Meteorological Administration. The accumulated precipitation was recorded at 342.5 mm in the inter-Korean border village of Panmunjom, 202 mm in Namyangju, 18
S. Korea taking administrative steps against Saudi airline over flight suspension
Foreign affairs
Jul 17, 2024
The government is taking administrative action against Saudi Arabian airline Saudia for suspending its direct flights to South Korea without permission from aviation authorities, according to officials Wednesday. The Ministry of Land, Infrastructure and Transport issued a prior notice of administrative measure to Saudia on Monday. Saudia has been asked to submit their reasons for the suspension and their future plans by July 30. The ministry will convene an administrative review committee to dis
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