South Korean investors' holdings of foreign securities touched a new all-time high in 2021 on an overseas investment boom, data showed Thursday. Local investors had held overseas stocks and bonds worth $100.59 billion as of end-2021, up 39.3 percent from a year earlier, according to the data from the Korea Securities Depository (KSD). Of the total, South Koreans' ownership of overseas stocks ca...

Main opposition presidential candidate Yoon Suk-yeol vowed Thursday to deregulate the virtual asset industry to further promote its growth. Yoon of the conservative People Power Party said the industry should be allowed to operate without regulations unless they have been explicitly prohibited. "To realize the unlimited potential of the virtual asset market, we must overhaul regulations that ar...

Honda has become the third global automaker after General Motors and Hyundai Motor to jointly develop next-generation electric vehicle batteries with SES, a Boston-based startup set to go public in the US this year. According to SES Thursday, the Japanese automaker agreed to acquire a 2 percent stake in the startup and jointly develop lithium-metal batteries, which are 30 percent more powerful t...

The South Korean government emphasized Thursday that dialogue and diplomacy are the only key to building peace on the Korean Peninsula in response to North Korea's thinly veiled threat to scrap a self-imposed moratorium on nuclear and long-range missile tests. The North held a high-profile politburo meeting of the ruling Workers' Party the previous day and decided to consider restarting "all tem...

Starting his fourth year in office, Hwaseong Mayor Seo Cheol-mo is far from complacent in his governing duties for a city rapidly growing across all sectors. While regional economies have been hit hard by the COVID-19 pandemic and the social distancing measures that ensued, Seo believes the real “disease” local government should battle against is their “incompetency.” “New variants of the coron...

Ruling party presidential candidate Lee Jae-myung pledged Thursday to offer an annual basic income of 1 million won ($840) to cultural sector workers. Lee of the liberal Democratic Party announced the pledge as part of his top six campaign promises for the cultural industry. "I will expand hallyu's global presence and open the horizon for the Republic of Korea and the United States to become th...

The Seoul city government will renovate worn-out buildings into low-carbon ones and increase the proportion of electric cars in the city by 2026 as part of efforts to respond to climate change, officials said Thursday. The measures were announced as part of a five-year project from 2022 to 2026 to achieve carbon neutrality by 2050. Last year, South Korea finalized its goal of achieving carbon ne...

An elite South Korean Navy unit began annual wintertime training Thursday to strengthen its readiness posture for underwater rescue operations, the Navy said. Around 90 members of the Sea Salvage and Rescue Unit (SSU) kicked off the three-day training session in waters off Jinhae, 410 kilometers south of Seoul, focusing on underwater search and related operations. The training session included ...

South Korea's military on Thursday reported 35 additional COVID-19 cases, with all of them being breakthrough infections, raising the total caseload among its personnel to 3,762. Of the new cases, 27 are from the Army, five from the Air Force, two from the Navy and one from a unit under the direct control of the defense ministry. Currently, 299 military personnel are under treatment. Of the tot...

North Korea has decided to grant convicted people amnesty, effective later this month, on the occasion of major birthday celebrations of its late leaders, according to its state media Thursday. The pardons will be granted to those who were convicted of "crimes against the country and people" to commemorate the 110th birthday of Kim Il-sung and the 80th birthday of Kim Jong-il in a decision made ...

By some counts, President Joe Biden can lay claim to a banner first year in office. But the numbers also reveal plenty of setbacks. Most Americans got their COVID-19 vaccines, but other countries fared better. Economic growth surged; so did inflation. America exited Afghanistan, but the war ended with a chaotic evacuation and a suicide bombing that killed 13 US troops. Pandemic aid and infras...

1) 단어+예문 10개 더 많은 토익빈출 단어 '해커스 토익 기출 보카'에서 확인 ▶ 2) 파트 5 3문제 1. A notice announcing the maintenance of all the passenger and service elevators in the building was ------- displayed in the lobby. (A) steadily (B) relatively (C) exceedingly (D) prominently 해석 건물 안의 모든 승객 및 업무용 엘리베이터에 대한 보수를 알리는 안내문이 입구에 눈에 잘 띄게 진열되었다. 해설 -- 부사 어휘 문제 ‘안내문이 입구에 눈에 잘 띄게 진열되었다’라는 문맥이 되어야 하므로 ‘눈에 잘 띄게, 두드러지게...

- In consideration of EV infrastructure growth in a strong trend towards mobility as well as ESG management values … to become the 2nd largest shareholder by investing approximately 10 bil KRW. - Everon is expected to take the lead in the industry, pushed by SK networks investment on top of 10,000 charger network and technology. - "Synergies in the mobility business will be sought in connectio...

South Korea's daily coronavirus cases jumped to over 6,000 for the first time in 27 days Thursday amid growing worries over the spread of the omicron virus variant ahead of the Lunar New Year holiday. The country added 6,603 new COVID-19 infections, including 6,357 local infections, raising the total caseload to 712,503, according to the Korea Disease Control and Prevention Agency (KDCA). Healt...

With one friendly match down and one more to go before South Korea's World Cup qualifying campaign resumes this month, head coach Paulo Bento wants to keep pushing his players. "The goal is to compete as well as possible and improve on what we did in the last game," Bento said in an interview clip released by the Korea Football Association (KFA) on Thursday, the eve of South Korea's tuneup conte...