South Korea's daily new coronavirus cases topped 2,100, the second-largest number recorded here during the COVID-19 outbreak, following an extended weekend, as the country will likely again extend the toughest virus restrictions in the greater Seoul area and the enhanced restrictions across the country. The country added 2,152 more COVID-19 cases, including 2,114 local infections, raising the total caseload to 230,808, according to the Korea Disease Control and Prevention Agency (KDCA). Daily

The number of consumer complaints against financial firms fell 7 percent on year in the first-half of this year, official data showed Thursday. The Financial Supervisory Service (FSS) said it received a total of 42,725 consumer complaints in the January-June period, compared with 45,922 complaints for the same period in 2020. The decline was mainly due to the base effect of last year, when financial complaints grew over the COVID-19 pandemic, the FSS said. Deceptive sales of investment produc

North Korea had declared a no-sail zone for ships off the east coast earlier this week, sources said Thursday, indicating that it had plans to launch missiles amid an ongoing combined exercise between South Korea and the United States.    The navigational warning was issued for Sunday through Monday for northeastern regions in the East Sea, according to the military sources. Such an advisory is usually issued ahead of missile launches or other weapons tests to warn vessels to stay cl

A UN Security Council panel has approved sanctions exemptions for a German project to provide North Korea with medical equipment for the prevention of COVID-19, its website showed Thursday. The exemptions will allow Germany to export medical equipment to prevent and control the coronavirus, including the delivery of "six units of a Rotor-Disc 100 Starter Kit" for PCR testing to the North's Ministry of Public Health, according to the website of the North Korea sanctions committee. The

South Korea plans to invest 1.6 trillion ($1.37 billion) in the next 10 years to secure core technologies for satellite development in the defense sector, the arms procurement agency said Thursday. The plan is part of a series of measures aimed at upgrading the country's defense capabilities in the space sector, according to the Defense Acquisition Program Administration. The agency has launched a task force to focus on developing South Korea's space defense industry, saying that 16 trillion w

Former Speaker of the US House of Representatives Newt Gingrich has slammed President Joe Biden for withdrawing troops from Afghanistan, saying the decision would leave South Korea and other allies wondering whether they can trust the United States. Gingrich made the comments in a contribution to Fox News on Wednesday, portraying the turmoil in Afghanistan in the wake of the US' troop withdrawal decision as a "clearly massive failure of leadership." "See how quickly Biden turns

The South Korean women's national football team will play a pair of friendlies against the world No. 1 United States on the road in October, the sport's national federation announced Thursday. The Korea Football Association (KFA) said the first match between the two countries will kick off at 7 p.m. on Oct. 21 at Children's Mercy Park in Kansas City, Kansas. That's 9 a.m. on Oct. 22 (Korean time). The second match will be at 7 p.m. on Oct. 26 at Allianz Field in St. Paul, Minnesota, or 9 a.m.

An American service member participating in an annual combined exercise with South Korea has tested positive for the new coronavirus, officials said Thursday. The South Korea-US Combined Forces Command (CFC) "confirms that one individual recently tested positive for COVID-19 while working in a combined headquarters location supporting CCPT," its spokesman Col. Lee Peters said in a statement. CCPT refers to the computer-simulated Combined Command Post Training, an annual exercise bet

Second Vice Foreign Minister Choi Jong-moon has attended a conference call with his counterparts from the United States and 18 other countries to discuss cooperation over the situation in Afghanistan, the foreign ministry said Thursday. During Wednesday's conference led by US. Deputy Secretary of State Wendy Sherman, most participants shared the need for close cooperation to ensure the restoration of peace in Afghanistan and the safe return home of their citizens, the ministry said. Among the

A Russian naval vessel on Wednesday fired warning shots at a South Korean fishing boat operating in waters off Vladivostok, Seoul's oceans ministry said. There were no reports of injuries or damage. The Russian warship broadcast a warning when the 77-ton fishing vessel was catching squid at around 3:27 a.m. in waters some 138.9 kilometers south of Vladivostok, according to the Ministry of Oceans and Fisheries. The captain of the Korean ship explained the situation to a Russian border patrol of

South Korea plans to unveil additional measures to curb a sustained increase in household debt, if needed, by mobilizing all available policy means, the nominee for the financial regulator has said. Koh Seung-beom, the nominee for the Financial Service Commission, told officials Tuesday that he will "swiftly" push for "strong" measures to tackle household debt if his nomination is confirmed by parliament, according to the FSC. "It is very urgent to get rid of macroecon

South Korea will begin mass production of a newly upgraded interceptor missile, often dubbed the Korean equivalent of the US-made Patriot missile defense system, after successfully completing a number of quality tests, officials said Wednesday. Cheongung II, the upgraded version of the country's first locally-developed medium-range surface-to-air guided missile, accurately hit a missile and an aircraft target in firing tests conducted at the Anheung test site in the western city of Taean, in Ju

An appellate court on Wednesday reversed a local court's approval of the Jeju provincial government's revocation of the business license of what would have been the nation's first for-profit hospital. The Jeju branch of the Gwangju High Court ordered the Jeju government to cancel its decision in 2019 to nullify the business license of the Chinese-owned Greenland International Medical Center as South Korea's first for-profit hospital. The appellate court ruling came after the Jeju District Cour

South Korean stocks rose Wednesday, snapping an eight-session losing streak as investors expected the US. Federal minutes would cause little ripples on tapering of stimulus policies. The Korean won rose against the US. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) advanced 15.84 points, or 0.5 percent, to close at 3,158.93 points. Trading volume was moderate at about 614 million shares worth some 16.5 trillion won ($14.1 billion), with gainers outnumbering losers 645 to 212.

South Korea on Wednesday rejected Japan's protest over an opposition lawmaker's visit to the country's easternmost islets of Dokdo, saying Tokyo should never lay territorial claims to the East Sea outcroppings. Japan made the protest after Rep. Hong Suk-joon of the main opposition People Power Party visited Dokdo on Sunday in time for Liberation Day, marking the end of Japan's 1910-45 colonial rule of the Korean Peninsula. A foreign ministry official in Seoul said the government rebutted Japan