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(EDITORIAL from Korea JoongAng Daily on July 2)

Uncertainty has swept the political scene in the United States with only four months left before the Nov. 5 presidential election. Last Thursday’s first TV debate between President Joe Biden, 81, and former President Donald Trump, 78, highlighted Bid…

Gov’t to buy 50,000 tons of rice to stabilize prices

The agricultural ministry said Monday it has launched steps to purchase 50,000 tons of rice in order to stabilize its price.

The latest move comes in line with efforts to reduce the 150,000 tons of rice in storage, which was harvested in 2023, in th…

Samsung Heavy wins 1.4 tln-won order for 4 LNG carriers

South Korean shipbuilder Samsung Heavy Industries Co. said Monday it has won a 1.4 trillion-won (US$1 billion) order to build four liquefied natural gas (LNG) carriers for a Middle Eastern shipper.

The vessels will be delivered to the undisclosed sh…