Finance Minister Hong Nam-ki said Wednesday the government will closely monitor foreigners' real estate transactions in a bid to prevent cross-border flows of illegal funds and crack down on dubious deals. The government unveiled a set of measures to prevent foreigners from illegally buying real estate as some non-residents are found to have taken undue profits from property transactions. To mo...

South Korea will secure an additional 10,000 hospital beds for patients with moderate to serious cases of COVID-19 by the middle of next month, raising their total number to 25,000, Prime Minister Kim Boo-kyum said Wednesday. The plan comes as the country has experienced a shortage of hospital beds due to alarming increases in the number of critically ill COVID-19 patients. Kim said the additio...

South Korea's new coronavirus cases spiked to above 7,000 on Wednesday, and the number of critically ill patients surged to a record high. The country added 7,456 more COVID-19 cases, including 7,365 local infections, bringing the cumulative total to 583,065, the Korea Disease Control and Prevention Agency (KDCA) said. Wednesday's tally is sharply up from 5,318 on Monday and 5,202 on Tuesday. T...

지난 주에 이어 우리 일상의 대화를 좀 더 세련되게 만들 수 있는 표현들을 보겠습니다. 저희 책 『나는 더 영어답게 말하고 싶다 일상회화 편 2』에서 뽑은 표현들입니다. 1 A She was tight-lipped about her engagement with the movie star. B Maybe she didn’t want a lot of attention. A 그 사람 유명한 영화배우와 약혼한 것 말 안 하고 있었어. B 주목을 많이 받고 싶지 않아서였을 거야. SITUATION 어떤 문제에 대해 입을 다문다고 할 때 평범하게 The software company didn’t say a word about the hacking incident. 영어답게 The software c...

Isolation. Anxiety. Uncertainty. The stresses of the coronavirus pandemic have taken a toll on Americans of all ages, but a new poll finds that teens and young adults have faced some of the heaviest struggles as they come of age during a time of extreme turmoil. Overall, more than a third of Americans ages 13 to 56 cite the pandemic as a major source of stress, and many say it has made certain...

Yibin, China's leading spirits producers join hands to build the world's main producing area for quality aroma liquors YIBIN, China , Dec. 22, 2021 /PRNewswire/ -- The following release is issued by China News Service Sichuan Branch: On December 17th , China International Famous Alcoholic Drinks Exposition 2021 kicked off in Yibin, a city in southwest China's Sichuan Province . Themed ...

South Korean stocks opened steeply higher Wednesday, tracking overnight rallies on Wall Street that stemmed from easing fears about the impact of the omicron variant on the global economy. The benchmark Korea Composite Stock Price Index (KOSPI) rose 18.95 points, or 0.64 percent, to trade at 2,993.98 points in the first 15 minutes of trading. The KOSPI got off to a bullish start, led by tech an...

Hyundai Motor Co., Mercedes-Benz Korea and four other companies will voluntarily recall more than 34,000 vehicles to fix faulty components, the transport ministry said Wednesday. This is the latest in a series of recalls by carmakers operating in South Korea due to problems with vehicle components. The six companies, including Hyundai's smaller affiliate Kia Corp., Toyota Motors Corp. and Stell...

Corporate direct financing by firms in South Korea grew 1.6 percent in November from a month earlier due to an increase in bond sales, data showed Wednesday. Local companies raised a combined 19.45 trillion won ($16.3 billion) by selling stocks and bonds last month, up 300.3 billion won from the previous month, according to the data from the Financial Supervisory Service. Direct financing refer...

North Korea's mortality rate for children under age 5 was estimated at 17 per 1,000 births last year with a 3.2 percent annual rate of reduction over the past three decades, a recent UN report showed. The number is down from 43 in 1990 and 60 in 2000, according to the Level and Trends in Child Mortality: Report 2021. The global average of under-five mortality rate came to 37 per 1,000 in 2020, ...

NEW YORK , Dec. 22, 2021 /PRNewswire/ -- Via today announced that it has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (the "SEC") relating to the proposed initial public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The registration s...

In a bid to penetrate the US electric vehicle market, Posco International said Tuesday it is opening a Mexico office to oversee the production plant of a core component. The component, the rotor motor core, is used to generate electricity in electric motors. The decision has been approved by the board, the trading arm of Korea’s leading steelmaker said. Some 52 billion won ($43.6 million) will...

On the campaign trail in 2020, then candidate Joe Biden posed as hawk on Russia. In response to reports (later discredited) that then President Donald Trump had ignored intelligence suggesting Russia had paid for bounties on US forces in Afghanistan, Biden declared that Trump’s “entire presidency has been a gift to Putin.” Biden’s attitude was partly explained by his party’s obsession with the (...

Many Koreans often lament that they have not had great leaders with legacies such as John F. Kennedy, Winston Churchill, Nelson Mandela, or Abraham Lincoln: If South Korea were lucky enough to have had such famous leaders, she would surely have been a more advanced and admirable country. Facing the Presidential Election Day in March 2022, many Koreans wish to have a great leader comparable to the...