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Ruling party chief visits Celltrion developing COVID-19 antibody drug

Chairman Lee Nak-yon of the ruling Democratic Party of Korea met with the chief of South Korean drugmaker Celltrion on Sunday and was briefed on the latest developments from the firm that has recentl...

Oct 18, 2020
[Newsmaker] COVID-19 health spending to reach W320b this year: NHIS

The amount of money expected to be spent on coronavirus patients -- from the pre-diagnosis stage through recovery -- is expected to total close to 320 billion won ($280 million), the National Health ...

Oct 18, 2020
Movie chain CGV to raise ticket prices amid pandemic-caused slump

CGV, the country's largest movie chain, said Sunday it will raise ticket prices starting Oct. 26, as the prolonged pandemic has dealt a serious blow to its bottom line. The chain said ticket prices ...

Oct 18, 2020
Trial in Samsung heir's high-profile succession case to begin this week

A trial will begin this week for Samsung heir Lee Jae-yong in a high-profile succession case, less than two months after he was formally charged with violation of capital market laws. The Seoul Cent...

Oct 18, 2020
[Contribution] Baseball can provide lessons on climate change

This summer’s weather -- the record-long jangma (rainy season), a series of more powerful typhoons, frequent heavy rains - seemed to be a strong warning of climate change. Siberia experienced a perio...

Oct 18, 2020
S. Korea reports 91 new COVID-19 cases

South Korea saw double-digit gains in its daily count of new COVID-19 cases for the third consecutive day Sunday, with more students set to return to schools this week amid a stabilizing coronavirus ...

Oct 18, 2020
Yoon orders probe into prosecutors over suspected connection with Lime scandal

Prosecutor-General Yoon Seok-youl ordered the launch of an investigation into allegations that at least three former and sitting prosecutors were lobbied in connection with a hedge fund scandal, his ...

Oct 18, 2020
Nation's first urban national arboretum opens in Sejong

SEJONG--The Sejong National Arboretum, the nation's first urban arboretum located in the center of the central administrative city, was opened to the public on Saturday after eight years of project p...

Oct 17, 2020
New virus cases bounce back above 50; sporadic cluster infections worrisome

South Korea's new coronavirus cases rebounded above 50 on Saturday on cluster infections, putting health authorities on alert over a potential uptick in daily infections amid eased virus curbs. The ...

Oct 17, 2020
Justice minister orders inspections of prosecutors over hedge fund scandal

Justice Minister Choo Mi-ae on Friday ordered immediate inspections of prosecutors whom a jailed businessman allegedly lobbied in connection with a hedge fund scandal. Kim Bong-hyun, a key suspect i...

Oct 16, 2020
Prosecution raids several firms, including state agency, over fund scam scandal

The prosecution said Friday it raided a few businesses and a state agency in connection with its investigation into a financial fraud scandal at a private equity investment company. The Seoul Centra...

Oct 16, 2020
Prosecution seeks 20-year sentence for ex-short track coach over alleged sexual assault

Prosecutors are seeking a 20-year prison term for Cho Jae-beom, a former national short track speed skating coach, for his alleged sexual assault of Olympic champion Shim Suk-hee. Prosecutors in Suw...

Oct 16, 2020
Another delivery worker dies on duty amid pandemic

Another delivery worker died recently while on duty, an advocacy group said Friday, after dealing with a heavy workload due to the new coronavirus outbreak. A temporary worker in his 20s, affiliated...

Oct 16, 2020
S. Korea top OECD country for govt. digital capability: report

South Korea's government has been acknowledged as having the most advanced digital capabilities among Organization for Economic Cooperation and Development (OECD) countries, the Ministry of Interior ...

Oct 16, 2020
Optimus CEO expresses frustration over evidence leak before trial

Optimus Asset Management CEO Kim Jae-hyun on Friday expressed his discontent over suspicions that he had played a key role in the company’s attempts to illegally lobby the government and politicians ...

Oct 16, 2020

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