President Yoon Suk Yeol appointed Kim Wan-sup, a former vice finance minister with expertise in budget planning, as the new environment minister Wednesday, his office said. Kim, known for his expertise in environment-related budget planning while serving in the finance ministry's key positions, was nominated by Yoon early this month to replace Environment Minister Han Wha-jin. The National Assembly's Environment and Labor Committee adopted a report on his confirmation hearing earlier i

Politics July 24, 2024

Former major league All-Star Choo Shin-soo became the oldest position player to appear in a game in the South Korean league Wednesday. At 42 years and 11 days old, Choo started as designated hitter for the SSG Landers against the KT Wiz at KT Wiz Park in Suwon, just south of Seoul, in their Korea Baseball Organization regular-season game. Choo moved past former Lotte Giants player Felix Jose, who was 42 years and eight days old when he played in his final KBO game on May 10, 2007. Jose also home

Baseball July 24, 2024

Prosecutors on Wednesday demanded a four-year prison term for actor Yoo Ah-in on charges of habitually abusing illegal drugs. The 37-year-old actor, whose latest works include the dark fantasy Netflix series "Hellbound," faces charges of illegally using propofol, a medical anesthetic, under the pretext of cosmetic procedures on 181 occasions between 2020-2022. He was also accused of abusing three other medical anesthetic drugs, including midazolam and ketamine. Charges against him also

Social Affairs July 24, 2024

Seoul shares closed lower Wednesday as most tech stocks and autos finished in negative terrain. The local currency rose against the US dollar. The benchmark Korea Composite Stock Price Index (Kospi) lost 15.58 points, or 0.56 percent, to close at 2,758.71. Trade volume was moderate at 458.6 million shares worth 10.9 trillion won ($7.87 billion) with losers outnumbering gainer 489 to 368. Foreigners offloaded a net 271.7 billion won worth of local shares, while institutions and retail investors n

Market July 24, 2024

South Korea has been discussed as a potential future partner for cooperation with issue-specific working groups of the Quad forum, a US official said Tuesday, noting such discussions still "continue" within the group that consists of the United States, Australia, Japan and India. Camille Dawson, deputy assistant secretary of state for East Asian and Pacific affairs, made the remarks, underscoring that Quad member countries have so far put their "first priority" on solidifying

Foreign Affairs July 24, 2024

Unification Minister Kim Yung-ho on Tuesday underscored the importance of "cultural" approaches to fostering internal change in North Korea, saying the inflow of South Korean pop culture is causing "cracks" in a rigid ideology-based society of the reclusive country. Kim also pointed out North Korean authorities' "sense of crisis" over their people's growing rejection of the North's culture anchored in the ideology of "juche" or self-reliance

Politics July 24, 2024

The opening ceremony for the Paris Olympics is Friday evening, but there will be preliminary action taking place in the days leading up to the occasion. For South Korea, the action begins with the individual ranking rounds in the women's and men's archery, followed by the Group A match in the women's handball tournament Thursday. The ranking rounds in archery will determine seeding for the tournament. The higher the seed, the better chance an archer has of avoiding tough competiti

More Sports July 24, 2024

North Korea again launched balloons presumed to be carrying trash toward South Korea, the Joint Chiefs of Staff (JCS) said Wednesday. The JCS said the balloons appeared to be traveling toward the northern part of Gyeonggi Province that surrounds Seoul, and advised the public to not touch fallen balloons and report them to the military or police. North Korea has launched more than 3,000 trash-carrying balloons since late May, including some 500 such balloons Sunday, in a tit-for-tat move against

North Korea July 24, 2024

South Korean shares opened lower Wednesday, tracking overnight losses on Wall Street. The benchmark Korea Composite Stock Price Index (Kospi) shed 12.28 points, or 0.44 percent, to 2,762.01 in the first 15 minutes of trading. Overnight, the Dow Jones Industrial Average lost 57.35 points, or 0.14 percent, to close at 40,358.09, with the Nasdaq slipping 10.22 points, or 0.06 percent, to 17,997.35. In Seoul, large caps traded mixed. Market bellwether Samsung Electronics lost 1.67 percent, with No.

Market July 24, 2024

President Yoon Suk Yeol spoke by phone with Czech Prime Minister Petr Fiala on Tuesday to discuss bilateral cooperation in nuclear energy and other areas, his office said. During their talks, Yoon agreed to visit Prague in September at the request of Fiala to discuss the successful implementation of a major nuclear power plant project following the Czech Republic's selection of a South Korean consortium as the preferred bidder. Yoon said the project will serve as an opportunity for both c

Politics July 23, 2024

Samsung Electronics and its largest labor union resumed wage talks Tuesday but failed to reach an agreement, informed sources said. The ninth round of talks was represented by Son Woo-mok, head of the National Samsung Electronics Union, and Kim Hyeong-ro, the company's vice president, according to the source. It was the first wage talks between the two sides since the NSEU declared a full-scale strike July 8. They held a preparatory meeting last week to discuss schedules for the talks. The

Industry July 23, 2024

Seoul shares closed higher Tuesday to snap a four-day losing streak, tracking an overnight rebound in US tech stocks. The local currency rose against the US dollar. The benchmark Korea Composite Stock Price Index added 10.78 points, or 0.39 percent, to close at 2,774.29. Trade volume was moderate at 416 million shares worth 11.3 trillion won ($8.15 billion), with losers outnumbering winners 494 to 365. Foreign investors purchased 241.2 billion won worth of local shares, while retail investors an

Market July 23, 2024

President Yoon Suk Yeol will send special envoys to the Czech Republic to discuss follow-up measures on the European country's selection of a South Korean consortium as a preferred bidder for a nuclear power plant project, his office said Tuesday. Sung Tae-yoon, the presidential chief of staff for policy, and Industry Minister Ahn Duk-geun were to leave Tuesday on a three-day trip to meet Czech Prime Minister Petr Fiala and Minister of Industry and Trade Jozef Sikela, according to the offic

Foreign Affairs July 23, 2024

Jamsu Bridge over the Han River and sections of the Olympic Expressway across southern Seoul were closed Tuesday due to rising river levels caused by heavy rain, city officials said. Torrential rain of up to 30 millimeters per hour, beginning early Tuesday morning, increased water discharge from the Paldang Dam on the eastern upstream side of the Han River, according to the officials. Due to rising water levels in the Han River, both vehicle and pedestrian traffic were prohibited on the submersi

Social Affairs July 23, 2024

The ruling People Power Party was set to hold a national convention Tuesday to elect a new party leader to head the embattled party following the party's crushing defeat in April's parliamentary elections. The party convention comes nearly three months after former interim leader Han Dong-hoon resigned after the general elections to take responsibility for the defeat. Han, running again to become the new PPP chief, is leading the race by a relatively significant margin, according to op

Politics July 23, 2024