Founder of Kakao appears for questioning over suspected price rigging of SM shares
Kim Beom-su, the founder of tech giant Kakao Corp., appeared before prosecutors on Tuesday for questioning over alleged stock price manipulation connected to the firm’s takeover of K-pop powerhouse SM Entertainment last year.
Kim presented himself f…
Lions cut MacKinnon, set to acquire new outfielder
The Samsung Lions announced Tuesday they will release infielder David MacKinnon and replace him with an outfielder.
An official with the Lions said the club will ask the Korea Baseball Organization (KBO) to place MacKinnon on waivers. The Lions are …
Yoon arrives in Hawaii to begin U.S. trip focused on security
President Yoon Suk Yeol arrived in Hawaii on Monday to kick off his trip to the United States focused on bolstering South Korea’s security against North Korea’s evolving nuclear and missile threats.
Yoon will stay in Honolulu for two days ahead of h…
Running for IOC membership, LPGA legend Park In-bee looking to promote athletes’ rights
South Korean golfer Park In-bee enjoyed her moment in the Olympic spotlight eight years ago in Rio de Janeiro, where she captured the women’s individual gold medal as the sport made its return to the Summer Games after more than a century away.
With…
U.S. envoy for N. Korean human rights to visit S. Korea this week
The U.S. special envoy for North Korean human rights will visit South Korea this week to highlight Washington’s commitment to supporting North Korean defectors and escapees, the State Department said Monday.
Ahead of North Korean Defectors’ Day that…
(EDITORIAL from Korea Herald on July 9)
Impeachment right abuse
DP’s move to impeach prosecutors is ill-founded, threatens rule of law
The main opposition party’s recent move to impeach prosecutors is hard to accept from a common-sense point of view. It seems ill-founded and threatens to…
S. Korea, Thailand launch first round of talks for trade deal
South Korea’s trade ministry announced Tuesday that it has launched the first round of negotiations with Thailand to seek an Economic Partnership Agreement (EPA) aimed at bolstering bilateral trade and investment.
The South Korean delegation, led by…
POSCO completes construction of LNG storage tanks
POSCO International Corp. said Tuesday it has completed the construction of a liquefied natural gas (LNG) terminal, marking the first such facility operated by a private business.
The trading and energy unit of South Korea’s top steelmaker, POSCO, s…
N. Korea’s military education delegation leaves for Russia amid deepening ties
A delegation of North Korea’s military school has departed for Russia, state media said Tuesday, amid deepening military cooperation between Pyongyang and Moscow.
The Korean People’s Army military education delegation led by Kim Kum-chol, president …
(LEAD) Labor side proposes 13.6 pct hike in 2025 minimum wage; management suggests near freeze
The labor segment of the Minimum Wage Commission proposed a 13.6-percent increase in next year’s minimum wage Tuesday, while management representatives called for a near freeze.
The proposals were made during the ninth plenary session of the commiss…