The two frontrunners in the quickly approaching presidential election addressed the Russian invasion of Ukraine with different focuses. While Lee Jae-myung of the ruling Democratic Party of Korea spoke of economic aspects, Yoon Suk-yeol from the main opposition People Power Party attacked the Moon Jae-in administration’s security policies. Lee tried to bring the focus on how the war will affect ...

SEJONG -- The tax administrative agencies of South Korea and India have agreed to closely coordinate on easing tax burdens for businesses by holding a bilateral meeting of chiefs, the National Tax Service said Friday. The two also have decided to exchange know-how in uncovering practices of offshore tax evasion. During their meeting in New Delhi on Thursday, NTS commissioner Kim Dae-ji expresse...

As Russia has launched a full-scale military attack on Ukraine despite global condemnation, President Moon Jae-in urged officials to check the situation and take a preemptive response through the Ukraine emergency response task force, the presidential office said Friday. Moon delivered these instructions at the Cheong Wa Dae meeting in the morning, spokesperson Park Kyung-mi said in a written br...

Meanwhile, Lee’s work has also been chosen for the final shortlist of the Hans Christian Andersen Award. Following her first in 2016, this is the Korean illustrator’s second nomination as a finalist for the prestigious award. She remains the only Korean finalist for the award since its establishment in 1956. The winner will be announced during the Bologna Children’s Book Fair period, following th...

South Korea’s hip-hop artist Choiza of Dynamic Duo is set to make a solo debut with his first EP, “Jaeho,” at 6 p.m. on Friday, according to the artist’s agency Amoeba Culture. It will mark the rapper’s first step as a solo musician, about 20 years after his debut as a member of hip-hop trio CB Mass in 2000. The title of the album “Jaeho” is Choiza’s first name. The upcoming EP will talk about ...

As the US Biden administration imposes economic sanctions against Russia for invading Ukraine, South Korean firms including Samsung Electronics and SK hynix are expected to take collateral damage. On Friday, President Joe Biden unveiled comprehensive economic sanctions to cripple the Russian economy. The sanctions would limit the export of products that can potentially increase Russia’s ability ...

The military on Friday reported 1,013 additional COVID-19 cases, raising the total caseload among its domestic personnel to 15,950. The new cases included 587 from the Army, 253 from the Air Force and 82 from units under the direct control of the defense ministry. There were also 37 cases from the Navy, 36 from the Marine Corps, seven from the Joint Chiefs of Staff, 10 from the ministry and one...

South Korea said Friday it plans to provide financial support to local exporters in an effort to minimize their potential damage from international sanctions against Russia over Moscow's invasion of Ukraine. The United States announced new sanctions against Russia, including export controls, over Moscow's invasion of Ukraine in a bid to restrict Russia's ability to do business in major currencie...

Rep. Hong Joon-pyo of the main opposition People Power Party said Russia’s invasion of Ukraine was caused by Ukraine’s lack of nuclear weapons. Other opposition politicians criticized the invasion, calling for more active support from the Korean government to support Ukraine. When asked by a supporter how he would have reacted to the current situation if he had been President of Ukraine, the sen...

The South Korean Embassy in Ukraine on Friday urged its nationals still remaining in the country to be “fully prepared” for potential chaos as Russia began its invasion of Ukraine the previous day. In a notice posted on its website, the embassy said it believes there is possibility of various chaotic situations breaking out in the capital Kiev and other major cities, such as disruption of electr...

Senior diplomats of South Korea and the United States highlighted their shared will for a "unified" response over Russia's invasion of Ukraine during their phone talks Friday, the foreign ministry here said. First Vice Foreign Minister Choi Jong-kun and his US counterpart, Wendy Sherman, condemned Russia's attack on Ukraine and reaffirmed their "unwavering support" for Ukraine's sovereignty and ...

Hyundai Motor said Friday that it has signed a memorandum of understanding with US energy giant Shell to speed up the popularization of electric vehicles and achieve carbon neutrality. Through this MOU, the South Korean auto giant hopes to actively promote its carbon-neutral goals and Shell hopes this serves as momentum for it to expand its green energy business. The two companies agreed to coo...

The Korean government joined an intergovernmental announcement to condemn the Russian invasion of Ukraine. Countries that are members of the Community of Democracies issued a statement Thursday, condemning Russia’s massive military assault against Ukraine. Following the international community’s shock as Russia launched an all-out invasion on Ukraine, the governing council members of the Commun...

The People Power Party has also concentrated fire on denouncing Lee and his close aides, mainly focusing on Lee’s morality and allegations surrounding ongoing controversies. Its officials used publicly available voice recording files of Lee throwing insults at his sister-in-law from years ago. "Just play that file of (Lee) insulting his sister-in-law to the person next to you," former Rep. Shim ...

Jin Seon-kyu and Jun Jong-seo have been confirmed as lead actors in the upcoming Tving original series “Bargain.” The local streaming service announced Thursday that its upcoming series will be available in the second half of the year, but an official release date is yet to be revealed. The series, which revolves around a middle-aged man and a young woman encountering an unexpected natural disa...