Articles by Yonhap
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Coach Kim Jong-kook tapped as new manager of Kia Tigers
The Kia Tigers announced coach Kim Jong-kook will be the new manager of the South Korean baseball club Sunday. Kim signed a three-year contract for the post for a signing bonus of 300 million won ($253,000) and an annual salary of 250 million won. Kim is nicknamed the "Tigers' one club man," having played all of his 14 seasons with the Korea Baseball Organization (KBO) team, starting in 1996. Mostly as a second baseman, he played 1,359 KBO games with a batting average of .247 and 6
Baseball Dec. 5, 2021
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[Newsmaker] S. Korea to increase number of highway EV chargers to over 1,000
South Korea will increase the number of electric vehicle chargers at highway service areas nationwide to over 1,000 by the end of 2022, the transport ministry said Sunday. Currently, there are 435 EV chargers at the country's highway rest stops. The government plans to increase the number to 730 by the end of this month and then add more than 300 chargers next year, it said in a press statement. The move is meant to help meet rising demand for EVs and the charging infrastructure, as the gover
Mobility Dec. 5, 2021
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BTS song 'Butter' picked as Record of the Year by Variety magazine
K-pop superstar BTS' mega-hit single "Butter" has been selected as the Record of the Year by US magazine Variety, the label behind the group said Sunday. BTS won the award for its second English-language single "Butter" during Variety's Hitmakers event held in Los Angeles on Saturday (local time). "The song 'Butter' holds a special place in our heart," BTS said in a video speech. "We shared the song with everyone in hopes of lifting spirits, and the energy a
K-pop Dec. 5, 2021
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New infections in 5,000s for 2nd day amid omicron concerns
South Korea's new coronavirus cases stayed above 5,000 for the second straight day Sunday after hitting an all-time high a day earlier amid concerns over the spread of the omicron variant. The country added 5,128 new COVID-19 infections, including 5,104 local infections, raising the total caseload to 473,034, according to the Korea Disease Control and Prevention Agency (KDCA). Daily infections soared to a record high of 5,352 cases on Saturday, one day after health authorities announced stric
Social Affairs Dec. 5, 2021
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FSC puts top priority on bringing household debt growth to pre-pandemic levels
The head of South Korea's top financial regulator has said he will make continued efforts to bring household debt growth down to pre-pandemic levels, as fast increasing debt has emerged as a major risk that could threaten the country's economy. Koh Seung-beom, chief of the Financial Services Commission (FSC), still noted he will use some "flexibility" in managing the debt issue by taking into consideration economic, financial market situations and minimizing hurdles for people in actu
Economy Dec. 5, 2021
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S. Korea reports suspected cases of highly pathogenic bird flu at egg farm
South Korea on Saturday reported suspected cases of highly pathogenic bird flu at a local egg farm. The suspected cases of the avian influenza were discovered at an egg farm in Cheonan, 92 kilometers south of Seoul, according to the government's avian influenza response headquarters. Tests for the avian influenza are currently under way, and the results will be announced in up to three days, the headquarters said. Highly pathogenic avian influenza is
Social Affairs Dec. 4, 2021
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US keeps S. Korea on monitoring list for currency practices
The United States said Friday that it is keeping South Korea on its list of countries to be monitored for currency practices. The US Treasury Department named 11 other countries, including China and Japan, on the monitoring list in its semiannual report to Congress. It, however, said none of the countries were found to have purposefully intervened in currency markets for unfair gains. "Pursuant to the 2015 Act, Treasury has also established a Monito
Market Dec. 4, 2021
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Minor quake hits off Baengnyeong Island, no damage reported
A 2.3 magnitude earthquake occurred at 12:33 a.m. on Saturday in waters 16 kilometers northwest of Baengnyeong Island near the inter-Korean western border. There were no immediate reports of casualties or damage to properties, according to the Korea Meteorological Administration (KMA). The epicenter was located at a latitude of 38.02 degrees north and a longitude of 124.52 degrees east, while its depth was an estimated 20 km. (Yonhap)
Social Affairs Dec. 4, 2021
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Military reports 12 more COVID-19 cases
South Korea's military reported 12 additional COVID-19 cases Saturday amid growing concerns over the new omicron variant, raising the total caseload among military personnel to 2,488. The new cases were reported from the Army, the South Korea-US Combined Forces and units under the direct control of the Ministry of National Defense, according to the ministry. Eleven of the 12 patients were fully vaccinated, bringing the total number of such breakthrough infections in
Social Affairs Dec. 4, 2021
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Seoul's daily COVID-19 cases hit new record
Seoul's new daily coronavirus cases hit an all-time high again Saturday amid growing concerns of the new omicron variant. The capital city reported a record high 2,273 new daily cases -- 2,266 local infections and seven from overseas -- bringing the total caseload to 163,146, according to the Korea Disease Control and Prevention Agency (KDCA). The daily caseload, counted Friday, marks the highest amount since the country reported its first COVID-19 case in January la
Social Affairs Dec. 4, 2021
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New daily cases hit new high of 5,352; 3 additional omicron cases reported
South Korea's daily coronavirus cases recorded an all-time high of 5,352 on Saturday, a day after the country announced tough restrictions for four weeks to control the spread of the omicron variant. New cases of critically ill patients and deaths also hit record highs while an additional three confirmed cases of the omicron variant were reported to bring the total cases in the country to nine. The daily new COVID-19 cases included 5,327 local infections, raising t
Social Affairs Dec. 4, 2021
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Seoul stocks likely to face volatility next week on omicron scare
South Korean stocks are likely to continue to face volatility next week as investors take to the sidelines amid the spreading omicron strain of the coronavirus. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 2,968.33 points Friday, up 1.09 percent from 2,936.44 points a week ago. The KOSPI plunged Monday and Tuesday in the wake of the first confirmed cases of the omicron variant of COVID-19 in South Korea and other countries, fanning concerns majo
Market Dec. 4, 2021
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Seoul stocks up for 3rd day on foreign buying
South Korean stocks advanced for a third consecutive session Friday, backed by strong foreign buying. The Korean won fell against the US dollar. The benchmark Korea Composite Stock Price Index (Kospi) rose 23.06 points, or 0.78 percent, to close at 2,968.33 points. Trading volume was moderate at about 478 million shares worth some 10.1 trillion won ($8.6 billion), with gainers outnumbering losers 807 to 95. Foreigners bought a net 157 billion won and institutions purchased 89 billion won, whi
Market Dec. 3, 2021
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Inbound travelers upset by 10-day mandatory quarantine
Travelers returning home Friday from short-term overseas trips were embarrassed to learn that they must self-isolate at home for 10 days under the government's emergency quarantine rule announced only two days earlier to stem the spread of the omicron COVID-19 variant. The 10-day mandatory quarantine for all inbound travelers was suddenly made public Wednesday, when South Korea confirmed its first five cases of the omicron variant. The new rule started at the beginning of Friday and will last t
Social Affairs Dec. 3, 2021
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S. Korea, US to discuss possibility of advancing OPCON transfer assessment date
The militaries of South Korea and the United States will 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, a Seoul official said Friday. The official's remarks came after US Defense Secretary Lloyd Austin reportedly agreed to consider advancing the timing for the full operational capability (FOC) assessment during a courtesy call on President Moon Jae-in on Thursday. Just h
Foreign Affairs Dec. 3, 2021
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