Five Navy sailors tested positive for the new coronavirus while on the same naval ship, bringing the total caseload from the vessel to 38, the defense ministry said Friday. Last month, the Navy reported 33 COVID-19 cases among members of the Gojunbong landing ship in the first mass infection on a military vessel. Of 84 sailors aboard the ship, 51 tested negative and have been in isolation, but five of them were found to have contracted the virus in a test required to exit quarantine, the min

The top diplomats of South Korea and Britain have agreed to reinforce cooperation on equitable access to COVID-19 vaccines, climate change and the expansion of bilateral exchanges during their talks near London, the foreign ministry said Friday. The agreement came during a strategic dialogue between Foreign Minister Chung Eui-yong and his British counterpart, Dominic Raab, in the London suburb of Kent on Thursday, the day after a Group of Seven ministerial session ended. "The two minister

WASHINGTON -- The award winning immigrant film "Minari" will be screened online for some moviegoers in the United States next week, the Korean Cultural Center in Washington said Thursday. The film will be made available online free of charge to 600 viewers on a first-come, first-served basis, according to the culture center. "The Korean Cultural Center Washington, D.C. is pleased to present a special screening of Minari in celebration of the broad critical acclaim for this Ameri

South Korea and the United States on Friday discussed ways to jointly respond to remnants of a Chinese rocket expected to crash into Earth this weekend, the Air Force said. The Long March 5B rocket was launched last week carrying a module of China's first permanent space station into orbit. But a large piece of debris is expected to plunge back in an uncontrolled reentry on around Saturday (US time), according to the US Space Command. To explore ways to jointly deal with the case, South Korea'

South Korea's current account surplus slightly narrowed in March as higher oil prices increased the country's import bill, the central bank said Friday. The current account surplus reached $7.82 billion in March, narrowing from a surplus of $7.94 billion the previous month, according to the Bank of Korea (BOK). The current account is the broadest measure of cross-border trade. Since the country logged a deficit of $3.33 billion in April last year, the largest in almost a decade, on faltering

South Korea's daily new virus cases fell back to the 500s again Thursday as fewer people took virus tests on the Children's Day holiday, but the country's health authorities remained vigilant over cluster infections and spreading variant cases. The country reported 574 more COVID-19 cases, including 562 local infections, raising the total caseload to 125,519, the Korea Disease Control and Prevention Agency (KDCA) said. The daily caseload reached 488 on Monday and 541 on Tuesday but jumped to t

South Korean stocks opened higher Friday, tracking the Wall Street rally that stemmed from improved US unemployment data. The benchmark Korea Composite Stock Price Index (KOSPI) rose 6 points, or 0.19 percent, to reach 3,184.74 points in the first 15 minutes of trading. The Dow Industrial Average gained 0.93 percent to close at a record high for the second session in a row, with the US unemployment data dropping to a pandemic-era low. In Seoul, market bellwether Samsung Electronics retreate

The wife of Belgian Ambassador to South Korea Peter Lescouhier was questioned by police on Thursday over assault allegations, officials said, amid public criticism over "insincerity" in the embassy's handling of the matter.    The wife appeared at the Yongsan Police Station in central Seoul in the afternoon to undergo questioning and she has returned, an official at the precinct said, without providing more details.    Police have been looking into allegations t

South Korea's top security officials "positively" evaluated the outcome of the United States' monthslong policy review on North Korea recently completed by the Joe Biden administration, Cheong Wa Dae said Thursday.    The assessment came during a regular standing committee session of the National Security Council (NSC) after the White House said last week that it has completed its policy review on the communist state according to the presidential office.    The U

South Korean stocks advanced Thursday as hopes for a global economic rebound offset inflation worries. The Korean won fell against the US dollar. The benchmark Korea Composite Stock Price Index (KOSPI) rose 31.37 points, or 1 percent, to close at 3,178.74 points. Trading volume was moderate at about 1.2 billion shares worth some 16.4 trillion won ($14.6 billion), with gainers outnumbering losers 733 to 157. Foreigners sold a net 99 billion won, extending their selling streak to a seventh sess

The cost of insuring South Korea's sovereign debt against default fell to the lowest level this week since the 2008-09 global financial crisis as the country's economy is recovering faster from the pandemic, the finance ministry said Thursday. The spread on credit default swaps (CDSs) for South Korea's 5-year dollar-denominated currency stabilization bonds came in at 19 basis points Wednesday, according to the Ministry of Economy and Finance. It marked the lowest since April 2007, when the cou

KT Corp., a South Korean telecom giant, said Thursday it has formed business ties with IBM Korea and local major banking firm Woori Bank to develop artificial intelligence (AI) technology for financial services. The three will establish an AI lab to develop new services, such as an AI-based language model specifically designed for the financial sector and an asset management system that uses AI technology to make quick and accurate market predictions, according to a statement from the telecom o

Online shopping in South Korea continued to soar in March as more people bought goods via e-commerce platforms amid a non-contact consumption trend caused by the pandemic, data showed Thursday. The value of online shopping transactions stood at 15.9 trillion won ($14.1 billion) in March, up 26.4 percent from 12.6 trillion won the previous year, according to the data from Statistics Korea. The March tally marks the second-highest monthly reading since December last year when the comparable figu

Police on Thursday raided the office of a vocal North Korean defector who claimed to have sent anti-Pyongyang propaganda leaflets into the North in defiance of a ban.    Police launched an investigation after Park Sang-hak, head of Fighters for a Free North Korea, a North Korean defectors group, claimed Friday that his organization sent 10 balloons carrying around 500,000 leaflets between April 25-29.    The raid on his office took place until afternoon with investigators

A political standoff between the ruling and main opposition parties appeared imminent Thursday, as key National Assembly committees were scheduled to decide on the parliamentary approvals of scandal-ridden minister nominees recently picked by President Moon Jae-in. Earlier this week, parliamentary confirmation hearings on nominees for science, oceans, land, trade and labor ministers were carried out by the National Assembly. Of those, Lim Hye-sook, Park Jun-young and Noh Hyeong-ouk, nominees f