The South Korean sailing team became the first group of athletes from the country to arrive in Tokyo for the upcoming Summer Olympics on Tuesday. The four-man sailing squad, with Ha Ji-min in the Laser event, Cho Won-woo in the RS:X event, and Park Gun-woo and Cho Sung-min teaming up in the 470 event, landed at Narita International Airport on Tuesday afternoon. They were joined by their two coaches: Song Myung-keun and Ilias Mylonas. Head coach Jin Hong-chul, who had already been in Japan, sa

South Korea's top economic policymaker on Tuesday reiterated his opposition to the idea of providing universal COVID-19 relief handouts to all people with another extra budget currently under review at parliament. On Monday, the heads of the ruling and main opposition parties shared the view about the need to provide cash handouts to all people with this year's second extra budget. In late June, the government proposed an extra budget of 33 trillion won ($28.9 billion) to finance the fifth rou

South Korean construction equipment manufacturers are basking in robust overseas sales despite the resurgence of new coronavirus infections, industry data showed Tuesday. South Korea's top construction equipment maker Doosan Infracore Co. said its European subsidiary sold 543 units of excavators and other construction equipment in June, a new monthly high. Its previous monthly record was set in April 2019, when the European subsidiary shipped 504 units. Brisk sales in Britain and Italy led th

Two additional players in the top South Korean football league have tested positive for the novel coronavirus, as the pandemic threatens to disrupt the upcoming match schedule even further. Seongnam FC of the K League 1 announced Tuesday a ninth member of the club tested positive for COVID-19. Previously, six staff members and two players had turned in positive results after polymerase chain reaction (PCR) tests. Seongnam said all 46 players, coaches and staffers who took part in training camp

South Korea's money supply continued to grow in May, as loans to households and firms grew amid the COVID-19 pandemic, central bank data showed Tuesday. The country's M2 stood at 3,385 trillion won ($2.95 trillion) as of end-May, up 0.6 percent from a month earlier, according to preliminary data from the Bank of Korea (BOK). From a year earlier, M2 jumped 11 percent, the BOK said. A key economic indicator closely monitored by authorities, M2 is a measure of the money supply that counts cas

K-pop rookie Enhypen has topped a key daily and a weekly music chart in Japan with its debut Japanese single, music tracker Oricon said Tuesday. "Border: Hakanai" ranked No. 1 on Oricon's latest weekly singles chart, selling over 200,000 copies from July 5 to Sunday, according to Oricon News. The band's first Japanese single also sat atop Oricon's daily singles chart for the seventh consecutive day since its release last Tuesday. Enhypen, which debuted in November, is the first amon

A sitting lawmaker affiliated with the main opposition People Power Party (PPP) tested positive for COVID-19 on Tuesday, party officials said. Rep. Jeong Jeom-sig based in the southern coastal city of Tongyeong was confirmed to have contracted the new coronavirus after attending a meeting last week with a journalist who tested positive for the virus, PPP floor leader Rep. Kim Gi-hyeon said. "Jeong attended a meeting of (PPP) lawmakers representing South Gyeongsang Province last Thursday,

President Moon Jae-in on Tuesday nominated Kang Sung-kook, a former judge currently serving as a senior justice ministry official, as his new vice justice minister, Cheong Wa Dae said. Kang, head of the ministry's legal affairs bureau, will fill the vacancy left when former Vice Justice Minister Lee Yong-gu resigned in early June after he was embroiled in a controversy over his unpunished assault of a taxi driver last year, according to presidential spokesperson Park Kyung-mee. Kang's term will

The scorching weather continued to grip South Korea on Tuesday with heat advisories and warnings in place for most of the country. Forecasters warned a stronger heat wave will strike next week following an early end of the monsoon season. The Korea Meteorological Administration (KMA) forecast daytime highs will rise above 33 C in Seoul, Daejeon, Gangneung, Jeju and other cities, and to 35 C in Daegu on Tuesday. Heat alerts have been in effect across the country. Heat advisories and warnings a

Hyundai Motor Co. and its affiliate Kia Corp. are set to report a sharp rebound in operating profit for the second quarter on strong demand for their vehicles that offset output disruptions by semiconductor shortages, analysts said Tuesday. Hyundai and Kia, which together form the world's fifth-biggest carmaker by sales, are expected to have posted operating profits of 1.86 trillion won ($1.6 billion) and 1.34 trillion won, respectively, for the quarter ended June 30, according to a median for

The South Korean entertainment scene is suffering a setback in the production of TV shows as the fourth wave of the novel coronavirus pandemic sweeps nearly every sector of the country. Last week, global media giant Netflix suspended the production of its original series "The Bride Of Black" for two weeks as actress Cha Ji-yeon tested positive for the virus. Her case also affected the stage musicals "Red Book" and "Gwanghwamun Sonata," as the actress is currently

A majority of bond mavens in South Korea predict the central bank to hold its key interest steady for July amid the prolonged coronavirus fallout, a poll showed Tuesday. According to the survey of 200 bond experts by the Korea Financial Investment Association, 89 percent of the 100 respondents said the Bank of Korea (BOK) will likely freeze its policy rate at a rate-setting meeting slated for Thursday. The number of standpatters was down nine from the previous month. In contrast, 11 experts, u

A North Korean propaganda outlet on Tuesday warned South Korea against pushing ahead with its planned joint military drill with the United States, saying that war exercises and peace cannot go hand in hand. Uriminzokkiri, a North Korean propaganda website, issued the warning as South Korea and the US are expected to hold the joint military drill in August. Seoul's defense ministry earlier said that the allies are discussing when and how to stage their annual summertime military exercise. "

South Korea expressed strong protest Tuesday over Japan's renewed claims to the East Sea islets of Dokdo in an annual defense policy paper, calling for Tokyo to immediately retract its "futile" claims. The ministries of foreign affairs and national defense called in Hirohisa Soma, deputy chief of mission at the Japanese Embassy in Seoul, and Col. Takashi Matshmoto, a defense attache, respectively, to lodge a protest. "Our government strongly protests Japan's futile territorial c

South Korea's antitrust regulator said Tuesday that Delivery Hero (DH) has asked it to extend the deadline for the sale of its food delivery affiliate here, Yogiyo, as the German company is facing difficulty in finding a potential investor. In December, the Korea Fair Trade Commission (KFTC) ordered DH to sell Yogiyo, South Korea's No. 2 food delivery app, if it wants to buy the country's top food delivery app operator, Woowa Brothers. DH has to sell Yogiyo by Aug. 3. Details on DH's request a