South Korea's Defense Minister Suh Wook instructed senior military officials Friday to "strictly" maintain political neutrality ahead of next year's presidential poll, casting the armed forces as "the last bulwark of national defense." Suh made the remarks during a year-end meeting of top commanders from the Army, Air Force, Navy and Marine Corps, as the country's political parties are quickenin...

South Korea's Vice Chief of Naval Operations Vice Adm. Kim Jung-soo will be promoted to admiral and serve as top commander of the Navy as part of a regular reshuffle of generals and admirals, the defense ministry said Friday. Kim, 59, will replace Adm. Boo Suk-jong, who has led the Navy since April last year, in what is expected to be the last senior-level shakeup under the Moon Jae-in administr...

Young South Koreans suffered more severe employment shock than older people during the pandemic and fresh college and high school graduates faced greater difficulty in finding jobs, a report showed Friday. The employment rate for Koreans aged 15-34 reached 50.5 percent in January, down from 52.8 percent a year earlier, according to the report by the Statistics Korea Institute. The corresponding...

JAKARTA, Indonesia , Dec. 10, 2021 /PRNewswire/ -- PT Bank Rakyat Indonesia (BRI) Tbk (IDX:BBRI) presents this year's UMKM EXPO(RT) BRILIANPRENEUR in fully digital format, from 9-16 December 2021 . It will pamper visitors with a 3D experience from 500 curated MSMEs, making it the biggest virtual bazaar organized by BRI. BRI presents 500 MSMEs at the MSME EXPO(RT) 2021 event, held from 9-16 De...

The Supreme Court on Friday finalized a 13-year prison sentence for a former national short track speed skating coach charged with sexually assaulting an Olympic gold medalist. Cho Jae-beom, 40, was indicted in 2019 on charges of sexually assaulting Shim Suk-hee on 27 occasions at various training facilities from August 2014 to December 2017, only two months before the 2018 PyeongChang Winter Ol...

South Korea has issued a navigational warning for ships off the east coast next week over its routine naval firing drills, officials said Friday. The Korea Hydrographic and Oceanographic Agency issued the warning earlier this week as the Joint Chiefs of Staff announced its plan for "regular maritime firing drills" in waters south of Ulleung Island in the East Sea from Monday through Friday, acco...

Top military officials of South Korea and the United States have met to discuss the possibility of conducting an assessment required for the envisioned transfer of wartime operational control (OPCON) earlier than the current plan of next fall, sources said Friday. Joint Chiefs of Staff Chairman Gen. Won In-choul and Gen. Paul LaCamera, the head of the South Korea-US Combined Forces Command (CFC)...

Samsung Heavy Industries Co. said Friday that it has signed a 245 billion-won ($208 million) deal to build a liquefied natural gas (LNG) carrier. The deal signed with a company in Oceania calls for Samsung Heavy Industries to deliver the vessel by May 2025, the shipbuilder said in a regulatory filing. With the latest deal, Samsung Heavy Industries has won orders worth a cumulative $12 billion s...

“I was impressed by a variety of ice cream shops in New York that are run by many different chefs. While Koreans are familiar with gelato, I wanted to offer American-style ice cream that features rich creamy texture and interesting combinations of ingredients,” Na said. In the fall, Na added pumpkin cheesecake made with cream cheese ice cream, pumpkin custard and graham cracker crumble and nutty...

South Korea's military on Friday reported 30 additional COVID-19 cases, including 29 breakthrough infections, raising the total caseload among its personnel to 2,647. Of the new cases, 22 people are from the Army, two from the Marine Corps, one from the Navy, one from the South Korea-US Combined Forces Command and four from units under the direct control of the defense ministry, officials said. ...

South Korea plans to closely monitor prices of major agricultural, livestock and fishery goods starting next week in a bid to help stabilize inflationary pressure ahead of the Lunar New Year holiday, a senior government official said Friday. The government will monitor the price movements of 17 items that are mainly used for holiday preparation meals, including napa cabbage, beef, eggs and rice,...

South Korea's new coronavirus cases stayed above 7,000 for the third consecutive day Friday and its caseload surpassed the grim milestone of 500,000 as the coronavirus continued to spread unabated among the unvaccinated and older adults with waning immunity. The country reported 7,022 new COVID-19 infections, raising the total caseload to 503,606, according to the Korea Disease Control and Preve...

South Korea’s imports of golf equipment rose to a record high in the first 10 months of this year on the back of strong demand amid the pandemic, customs data showed. The imports of golf clubs and other related equipment reached $601 million in the January-October period, up 29.3 percent from the previous year, according to data from the Korea Customs Service. The reading hit an all-time hig...

SAN JOSE, Calif. , Dec. 10, 2021 /PRNewswire/ -- Arasan Chip Systems, the leading provider of Total IP™ solutions for today's Systems on a Chip (SoC) market announces the immediate availability of its redesigned 2 nd generation MIPI D-PHY SM IP for the GlobalFoundries 12nm FinFET process node. Arasan is a partner of GlobalFoundries, and multiple test chips have been sponsored by GlobalFoun...

South Korean stocks opened steeply lower Friday, as the country's spiking new coronavirus cases fanned concerns about tougher virus curbs. The benchmark Korea Composite Stock Price Index (KOSPI) fell 21.59 points, or 0.71 percent, to 3,007.98 points in the first 15 minutes of trading. Investor sentiment worsened as South Korea's new coronavirus cases stayed above 7,000 for the third consecutive...