Some 400,000 people were found to have left Seoul to move to neighboring metropolitan areas last year, government data showed Tuesday, with surging housing prices being cited as the key reason behind the exodus. According to Statistics Korea, a total of 406,975 people submitted change-of-address requests from Seoul addresses last year. Of the total, 362,116 moved to Gyeonggi Province, while 44,8...

An association of disability groups in South Korea is continuing their protest actions at subway stations, disrupting operations during the morning rush hour for the fourth weekday in a row. On Tuesday, some members of the Solidarity against Disability Discrimination staged a rally at Chungmuro Station at around 7:30 a.m., demanding the government do more to help disabled people. “The protest b...

LG CNS said Tuesday it has signed a strategic agreement with cloud giant Amazon Web Services to expand cloud services for corporate clients. Under the agreement, the two companies aim to meet demand for application modernization, by updating old software and modernizing their computing platform for clients in the fields of finance, manufacturing and e-commerce. Clients will be encouraged to bui...

South Korea's finance minister said Tuesday global credit appraisers are concerned about the growth pace of the country's national debt, which could negatively affect its sovereign rating over the medium term. Finance Minister Hong Nam-ki also reiterated his opposition to political parties' push for sharply jacking up a proposed extra budget of 14 trillion won ($11.7 billion), citing concerns ab...

LG Chem Ltd., South Korea's leading chemical maker, said Tuesday it aims to boost its sales to 60 trillion won ($50.1 billion) by 2030 as it accelerates its push for a green transition with a focus on renewable energy and advanced materials. Unveiling its mid- to long-term business plans, LG Chem said in regulatory filings it is eyeing annual sales of 40 trillion won by 2026. The target figures...

Amid South Korean anger over “biased” refereeing toward Chinese competitors at short track speedskating races, a South Korean-born coach of the Chinese team spoke out. In a lengthy message posted on his Instagram in the wee hours of Tuesday, Victor An, who was Ahn Hyun-soo before becoming a naturalized Russian citizen in 2011, pleaded not to attack his family members for his choices and what’s h...

BEIJING -- The two South Korean short trackers who were penalized in their recent Olympic races in Beijing committed no violations that warranted disqualification, an international referee from the country said Tuesday, adding that the competition at Beijing 2022 has already been marred by bad officiating. Choi Yong-koo, a senior official on the South Korean short track team in Beijing and an In...

A North Korean official, known for his role in inter-Korean engagement years ago, has emerged as an apparent policymaker on overseas ethnic Korean affairs, Pyongyang's state media showed Tuesday, raising questions over a potential shift in his job. Maeng Kyong-il led a debate on legislating an act aimed at enhancing rights of ethnic Koreans abroad during a session of the Supreme People's Assembl...

South Korean pro baseball chief Chung Ji-taik on Tuesday resigned from his post about a year after he took office, citing health issues, the Korea Baseball Organization (KBO) said. Chung, former vice chairman of Doosan Heavy Industries & Construction, started his three-year term as the KBO commissioner in January last year, following his predecessor Chung Un-chan. "The KBO League has struggled ...

Many South Koreans expressed outrage on Tuesday over what they perceived as egregious refereeing against some of the country's short track speed skaters at the Beijing Winter Olympics this week. In the men's 1,000m semifinals on Monday, South Korea's Hwang Dae-heon and Lee June-seo each got disqualified from their respective heats for illegal passing and lane change. Those decisions each allowed...

South Korea plans to invest 12 billion won ($10 million) in developing high-performance, liquid-fuel engines by next year to ramp up the country's decadelong space project, the ICT and science ministry said Tuesday. In 2020, South Korea unveiled the "Space Challenge" program with the aim of investing 49.6 billion won until 2028 to secure future technologies and leadership in the space industry i...

Presidential candidates vented their rage Tuesday after two South Korean short trackers were disqualified in questionable referee decisions for alleged infractions at the Beijing Winter Olympics. Skaters Hwang Dae-heon and Lee June-seo were both disqualified from the semifinals of the men's 1,000m on Monday after getting called for making an illegal late passing and a lane change that caused con...

RM, leader of K-pop supergroup BTS, has expressed his support for a South Korean short track speed skater disqualified during the Beijing Winter Olympics amid mounting public outrage over the questionable referee decision. The singer posted a photo, along with a thumbs-up emoticon, on his Instagram account on Monday night of Hwang Dae-heon passing Chinese competitors during a men's 1,000m semifi...

North Korea has denied allegations it has carried out a series of cryptocurrency thefts and cyberattacks on other countries, calling them a "creation" by the United States. It also denounced the US as a "hacking empire and country of intelligence theft." The North made the claim in a piece posted on the country's foreign ministry website Monday, following a recent report by US blockchain analys...

President Moon Jae-in on Tuesday reiterated his call on the National Assembly to swiftly approve an extra budget bill designed to help pandemic-hit small merchants, emphasizing that quick support is the key. "We cannot delay support for small merchants and self-employed people even for a moment," Moon said during a Cabinet meeting at the presidential office. The government will thoughtfully revi...