Prices of eggs in South Korea may jump by up to 68 percent in the March-May period this year, as the spreading avian influenza is expected to further exacerbate the supply shortage, a state-funded think tank said Sunday. In the three-month period, the supply price of a large-size 10-egg carton is estimated at 1,600 won ($1.41) to 1,800 won, considerably higher than the 1,069 won-1,158 won per carton a year ago, according to the forecast by the Korea Rural Economic Institute (KREI). As of Frida

Coupang ends first-day trading at $49.25, up 41% from IPO price

South Korea's Christian community has expressed concerns about political instability in Myanmar in connection with the recent coup and vowed for solidarity with the pro-democracy movement there. "The Catholic Church in Korea expresses her deepest concern about the outbreak of violence and the subsequent bloodshed in our neighboring country, Myanmar," the Catholic Bishops' Conference of Korea said in a statement released Thursday. It said South Korea has gone through similar military

An online community post has once again shed light on the prevalence of hazing among nurses. In a post uploaded onto local community website Nate Pann on Friday, a user who claimed to be a nurse accused a nursing professor of verbally and physically harassing her over a 13-month period around nine years ago. The post alleged that the female professor, who was then a senior nurse, had bullied the younger staff member when both worked in an intensive care unit at the Chungbuk National Universit

Siblings of actress Yun Jung-hee, known to be long suffering from Alzheimer's disease in France, have requested guardianship for their older sister at a South Korean court, according to sources. Yun, 76, is best known outside the country for her lead role in South Korean director Lee Chang-dong's "Poetry," which won best screenplay at the Cannes Film Festival in 2010. She has been long married to renowned pianist Paik Kun-woo. The development is the latest in a legal fight over her g

President Moon Jae-in on Wednesday denounced the alleged speculative purchases of land by officials of the state-run housing developer, calling the snowballing insider trading scandal “unacceptable.”  “It is unacceptable that officials at public organizations or public servants make speculative land purchases based on related information. This is an act of undermining our society’s integrity and trust,” Moon said before a luncheon meeting with floor leaders o

Hwang Kyo-ahn, a former leader of the main opposition party who has been out of the public eye since an election defeat last year, said Wednesday he will rise up against what he calls the Moon Jae-in government's "tyranny," practically declaring his return to politics. "I will be the first to rise up, however meager (my capacity is). I will muster my courage ... to go 'among the people' again to share their indignation against the Moon administration and safeguard the spark of ho

Calls to regulate the gaming industry are growing in South Korea after local game companies have come under fire for what users call a “deceptive” system of randomized, for-purchase game items. Yeo Myung-sook, the former head of the Game Rating and Administration Committee, threw her weight behind the pro-regulation argument, saying that games with a loot box feature, which offers randomized in-game items for sale, should be subject to the same tax imposed on casinos. “Ga

Police on Tuesday launched a raid on the headquarters of the state housing corporation over allegations of land speculation by more than a dozen of its employees. The Gyeonggi Nambu Police Agency sent investigators to the Korea Land and Housing Corp. (LH) headquarters in Jinju, 434 kilometers southeast of Seoul, to seize material on the transactions based allegedly on insider information. The police agency also dispatched investigators to LH offices in Gwacheon and Incheon, both located near S

Oh, Ahn begin talks to unify candidacy a month ahead of election

Another parcel delivery worker was found dead from apparent overwork last weekend, a labor union said Monday. The 48-year-old man, surnamed Lee, was found dead by police at his "gosiwon," a low-cost accommodation facility, in southeastern Seoul on Saturday afternoon, according to the Taekbae Union, which represents couriers here. Lee, who was employed by Coupang Corp., the country's leading e-commerce operator, is the latest delivery worker to die from apparent overwork. Last year, 1

‘A special bill being proposed is not enough to eradicate human trafficking’

The prosecutor general who rose to prominence by standing firm against pressure from the Moon Jae-in administration, shook political minds as he resigned Thursday over moves to deprive the prosecution of its investigative rights, a month ahead of the local by-elections. Yoon Seok-youl had adhered to the customary reticence of a chief prosecutor, limiting his public speech to parliamentary sessions, until he took his first media interview this week, four months before his two-year term was to ex

Former UN Secretary-General Ban Ki-moon is being asked to rule on an ethics complaint filed against the International Olympic Committee by a human-rights group representing Uyghurs and other ethnic minorities in China Former UN Secretary-General Ban Ki-moon is being asked to rule on an ethics complaint filed against the International Olympic Committee by a human-rights group representing Uyghurs and other ethnic minorities in China. Ban is the chairman of the IOC's ethics commission. The Wor

South Korea's agricultural ministry said Friday the country has not reported a farm-linked highly pathogenic bird flu case for around a week, in a possible sign of a letup. No suspected cases of the H5N8 strain of avian influenza were reported from local poultry farms since Friday last week, according to the Ministry of Agriculture, Food and Rural Affairs. The 103rd case of bird flu was reported from an egg farm in Pocheon, 46 kilometers north of Seoul. South Korea identified its first bird fl