Ive’s Gaeul as reading ambassador
Gaeul of K-pop group Ive has been selected as a partner for this year's Reading Korea campaign, her agency Starship Entertainment said.
· Hwang Dong-hee
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Newest first · UTC+11:00Creator of Korean coffee mix Jo Pil-je dies at 101
Jo Pil-je, former vice chairman of Dongsuh Foods and the executive widely credited with creating South Korea’s instant “coffee mix,” died Monday at 101.
· Yoon Min-sik
High-profile inmates are cashing in behind bars
Former President Yoon and former first lady Kim received more than W1.3b, while Cho Kuk and Chung Kyung-shim took in at least W240m
· Lee Seung-ku
Yellow dust keeps air quality ‘bad’ across South Korea
South Korea is experiencing poor air quality nationwide Wednesday due to lingering yellow dust from Tuesday.
· Tammy Park
HD Hyundai Heavy wins 627 bln-won power equipment order in U.S.
SEOUL, April 22 (Yonhap) -- HD Hyundai Heavy Industries, South Korea's leading shipbuilder, said Wednesday it has secured a 627 billion-won (US$424 million) contract to supply power generation equipment to a U.S. energy infrastructure company.
· Choi Kyong-ae
3-term lawmaker vows to make Incheon more immigrant-friendly
Rep. Park Chan-dae of the ruling Democratic Party of Korea is envisioning a self-sufficient, immigrant-friendly Incheon as he vies for the city's mayor's post in June.
· Son Ji-hyoung
Bahraini envoy highlights 50 years of ties with S. Korea
Bahrain Ambassador Saud Hasan Ali Al-Nusuf marked the 50th anniversary of diplomatic relations between South Korea and Bahrain, underlining cooperation across political, economic and cultural spheres.
· Sanjay Kumar
Foreign currency deposits post record drop in March amid weakening won: BOK
SEOUL, April 22 (Yonhap) -- Resident foreign currency deposits in South Korea fell by the largest margin on record in March as a weaker local currency spurred conversions into the U.S. dollar, central bank data showed Wednesday.
· Oh Seok-min
Childbirths grow at record high pace in Feb.: data
SEOUL, April 22 (Yonhap) -- The number of babies born rose at a record high pace in February of this year, driven largely by an increase in childbirths by women in their 30s, government data showed Wednesday.
· Kim Na-young
2 firms fined 2.6 bln won for colluding in Hyundai, Kia bids
SEOUL, April 22 (Yonhap) -- The antitrust regulator said Wednesday it has decided to fine two local suppliers to Hyundai Motor Co. and Kia Corp. a combined 2.59 billion won (US$1.75 million) for colluding to rig bids.
· Oh Seok-min
Population mobility hits 5-yr high in March: data
SEOUL, April 22 (Yonhap) -- The number of South Koreans relocating to new homes reached its highest level for any March period in five years, driven by increased housing transactions, data showed Wednesday.
· Oh Seok-min
South Korea Curbs Syringe Hoarding As Iran War Cripples Supply
The downstream consequences from the Hormuz closure are popping up in the most unexpected places.
· Tyler Durden
Arrest warrant sought for truck driver in protest death
South Korean police sought a warrant Wednesday to extend the arrest of a truck driver accused of killing one man and injuring two others by driving into protesters during a union rally in Jinju, South Gyeongsang Province, this week.
· Yoon Min-sik
Agriculture minister explores K-food export opportunity in meeting with Vietnamese counterpart
SEOUL, April 22 (Yonhap) -- Agriculture Minister Song Mi-ryung has discussed expanding agriculture cooperation between South Korea and Vietnam, while exploring opportunities to expand K-food exports in the Southeast Asian nation, during a meeting with her Vietnamese counterpart, Song's office said Wednesday.
· Kim Na-young
US denies moving THAAD system from South Korea
The United States has not moved its Terminal High Altitude Area Defence system out of South Korea, a senior US military official said, following reports that parts of it were being shifted to the Middle East for use in the war with Iran.
· Middleeasteye
Chinese national sent to prosecution over deadly warehouse fire
SEOUL, April 22 (Yonhap) -- A Chinese national arrested for causing a fire at a cold storage warehouse that left two firefighters dead was referred to the prosecution Wednesday, police said.
· Yoo Cheong-mo
Pakistani worker wins compensation in factory accident case
A South Korean court ordered a company to compensate a migrant worker for lost earnings after a factory accident, in a ruling that recognized lost income based on the period during which the worker could legally remain and work in Korea, the state-run Korea Legal Aid Corp. said Wednesday.
· Yoon Min-sik
HD Hyundai Heavy lands first icebreaker export with Sweden
HD Hyundai Heavy Industries said Wednesday it has secured a $348.9 million contract from the Swedish Maritime Administration to build an icebreaking vessel, marking Korea’s first entry into the global icebreaker market.
· Jeon Ji-woo
Seoul shares down late Wed. morning amid peace talks uncertainty
SEOUL, April 22 (Yonhap) -- South Korean stocks traded lower late Wednesday morning following a record-breaking rally as uncertainty over Middle East peace talks persists.
· Kim Boram
(LEAD) N. Korean, Russian public security chiefs discuss closer cooperation
(ATTN: UPDATES with more info throughout, photo)
· Park Boram
Hanwha forges partnerships at U.S. defense expo for naval, rocket development collaborations
SEOUL, April 22 (Yonhap) -- Hanwha Group said Wednesday it has forged partnerships with American firms for naval and rocket systems development collaborations at a major U.S. defense trade show in Maryland.
· Chang Dong-woo
ViGenCell wins ASCO oral slot with Phase 2 cell therapy data
ViGenCell has been selected to deliver an official oral presentation at this year’s American Society of Clinical Oncology annual meeting next month, becoming the first Korean company to do so regarding clinical studies of a cell therapy.
· Kan Hyeong-woo
From Tank Rides To Overseeing Missile Tests: Kim Jong Un's Teenage Daughter Prepped As Likely Successor
Longtime North Korean Leader Kim Jong Un oversaw a test launch of missiles equipped with multiple reentry vehicles, a move that drew limited international attention despite its escalation risk.
· Tyler Durden
Loss rate for auto insurance up in Q1
SEOUL, April 22 (Yonhap) -- Non-life insurers' loss rate for their auto insurance businesses rose in the first quarter due to a rise in traffic and increased costs, data showed Wednesday.
· Park Sang-soo
KREDA names Newtatco chief as adviser for Vietnam expansion
The Korea Real Estate Development Association said Wednesday it had appointed Tran Viet Hanh, chairman of Newtatco, as an adviser to its international committee, as it seeks to strengthen support for members expanding into Vietnam.
· Lee Ji-yoon
KOTRA hosts future mobility partnership event for S. Korean, U.S. companies
SEOUL, April 22 (Yonhap) -- The Korea Trade-Investment Promotion Agency (KOTRA) said Wednesday it has hosted a future mobility partnership event in the United States to help South Korean and U.S. companies boost cooperation in the automotive sector.
· Kim Na-young
US Indo-Pacific hosts workshop to strengthen civil-military crisis response on Korean Peninsula
South Korean and US service members attended a workshop this month to strengthen civilian-military coordination for crisis and disaster response on the Korean Peninsula, the United States Forces Korea said Wednesday.
· Yonhap
Missing woman found dead in car parked for months in Songdo
A woman in her 60s who had been reported missing was found dead in a car left for an extended period in a public parking lot in Incheon’s Songdo district, police said Tuesday.
· Park Han-na
Renault Korea bets on hybrid Philante in EV transition
Renault Korea’s new flagship Philante sits at the center of its electrification strategy, as the carmaker accelerates its shift toward EV-era mobility.
· Byun Hye-jin
Hyundai, Kia poised to report lackluster earnings on US tariffs, Korean won
Local automotive industry leaders Hyundai Motor Co. and Kia Corp. are expected to report lackluster first-quarter earnings compared with last year due to the effects of US tariffs and a weaker Korean won, a market analysis showed Wednesday.
· Yonhap
U.S. Indo-Pacific hosts workshop to strengthen civil-military crisis response on Korean Peninsula
SEOUL, April 22 (Yonhap) -- South Korean and U.S. service members attended a workshop this month to strengthen civilian-military coordination for crisis and disaster response on the Korean Peninsula, the United States Forces Korea (USFK) said Wednesday.
· Kim Hyun-soo
Hanwha Group signs MOU with Canada's Alberta province to expand energy, defense cooperation
SEOUL, April 22 (Yonhap) -- Hanwha Group said Wednesday it has signed a memorandum of understanding (MOU) with the provincial government of Alberta in Canada to build a comprehensive economic partnership spanning energy, defense and shipbuilding.
· Chang Dong-woo
Asian stocks wobble early on Iran uncertainty despite ceasefire extension
Japan, South Korea benchmarks nearly unchanged from previous day's rally
· Staff Writer
Fuel price cap system lowered consumer prices by up to 0.8 pp in March: report
SEOUL, April 22 (Yonhap) -- The fuel price cap system helped consumer prices drop by up to 0.8 percentage point in March, a state-run economic think tank said in a report Wednesday, noting the effects of fuel tax cuts will also begin to appear this month.
· Kim Na-young
LG AI Research, Nvidia join hands to jointly develop next-gen AI models
SEOUL, April 22 (Yonhap) -- LG Group said Wednesday it has joined forces with U.S. chip giant Nvidia Corp. to jointly develop new artificial intelligence (AI) models and expand their ecosystems.
· Kim Boram
S. Korea returns remains of 12 Chinese troops killed in Korean War
SEOUL, April 22 (Yonhap) -- South Korea on Wednesday handed over the remains of 12 Chinese soldiers killed during the 1950-53 Korean War to China in a joint ceremony organized by the two countries, Seoul's defense ministry said.
· Lee Minji
S. Korean currency retreats from 1-month high as peace talks falter
SEOUL, April 22 (Yonhap) -- The South Korean won fell sharply against the U.S. dollar Wednesday as high-stakes peace talks between the United States and Iran stalled, pushing up global oil prices amid deepening woes about supply disruptions.
· Oh Seok-min
Producer prices post fastest rise in 4 yrs in March on oil cost surge: BOK
South Korea's producer prices rose at the fastest pace in about four years in March, driven by higher petroleum and chemical product prices amid rising global oil costs, central bank data showed Wednesday.
· Yonhap
HD Hyundai Heavy wins $350 mln icebreaker order from Sweden
SEOUL, April 22 (Yonhap) -- HD Hyundai Heavy Industries, South Korea's leading shipbuilder, said Wednesday it has secured a US$350 million contract to build an icebreaker for the Swedish Maritime Administration.
· Choi Kyong-ae
Police seek arrest warrant for truck driver for fatally striking rallygoers in Jinju
CHANGWON, South Korea, April 22 (Yonhap) -- Police said Wednesday they have filed for an arrest warrant for the driver of a truck that ran into a group of rallygoers earlier this week, killing one and injuring two others.
· Chae Yun-hwan
PM says will decide whether to keep fuel price caps after review
SEOUL, April 22 (Yonhap) -- Prime Minister Kim Min-seok said Wednesday the government will decide whether to keep price caps on fuel products after a careful review as the temporary measure designed to offset price hikes caused by the Middle East conflict is set to expire this week.
· Lee Haye-ah
N. Korean, Russian public security chiefs discuss closer cooperation
North Korea's public security minister and Russia's interior minister have held talks on boosting exchanges and cooperation on law enforcement, the North's state media said Wednesday, amid deepening bilateral ties between the two nations.
· Yonhap
(LEAD) Seoul shares start lower amid peace talks uncertainties
(ATTN: UPDATES with latest figures in paras, 1-3, 7-11; RECASTS headline)
· Kim Boram
N. Korean, Russian public security chiefs discuss closer cooperation
SEOUL, April 22 (Yonhap) -- North Korea's public security minister and Russia's interior minister have held talks on boosting exchanges and cooperation on law enforcement, the North's state media said Wednesday, amid deepening bilateral ties between the two nations.
· Park Boram
USFK commander says THAAD remains in Korea, 'munitions' await move
The United States has not moved its THAAD missile defense system from South Korea to the Middle East to support its military operations against Iran, but "munitions" are awaiting transfer there, US Forces Korea Commander Gen. Xavier Brunson said Tuesday.
· Yonhap
Hyundai, Kia poised to report lackluster earnings on U.S. tariffs, Korean won
SEOUL, April 22 (Yonhap) -- Local automotive industry leaders Hyundai Motor Co. and Kia Corp. are expected to report lackluster first-quarter earnings compared with last year due to the effects of U.S. tariffs and a weaker Korean won, a market analysis showed Wednesday.
· Chang Dong-woo
Seoul shares open nearly flat amid peace talks uncertainties
SEOUL, April 22 (Yonhap) -- South Korean stocks started almost flat Wednesday following a record-breaking rally, amid lingering uncertainties over U.S.-Iran peace talks.
· Kim Boram
(URGENT) Seoul shares open 0.01 pct lower amid uncertainties surrounding U.S.-Iran peace talks
(LEAD) S. Korea secures 273 mln barrels of crude oil, 2.1 mln tons of naphtha by year-end: presidential aide
· Kim Boram
(EDITORIAL from Korea JoongAng Daily on April 22)
Use dementia assets to improve quality of life
· Kim Na-young
(EDITORIAL from The Korea Times on April 22)
HYBE chief faces arrest warrant: Travel ban unlikely to be lifted soon
· Kim Na-young