Articles by Yonhap
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Nearly 1,500 caught drunk driving in first 4 days of 'living with COVID-19': police
Nearly 1,500 people were caught while driving under the influence (DUI) in the first four days after the country lifted business hour restrictions and raised the cap on private gatherings under its "living with COVID-19" scheme, police said Saturday. A total of 1,486 people were busted for DUIs between Monday and Thursday, according to the police, with 384 of them having blood alcohol content levels high enough to have their licenses suspended and the rest with levels warranting havin
Social Affairs Nov. 6, 2021
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KBO's Lotte Giants hire ex-Mets coach Meinhold
The South Korean baseball club Lotte Giants announced Saturday they've hired former New York Mets assistant pitching coach Ricky Meinhold as their director of pitching. The Korea Baseball Organization club said the arrival of the 35-year-old completes their staff on the pitching side for 2022. The Giants said Meinhold will oversee operations and development of their pitching staff at all levels of the organization, from the KBO down to the minors. Meinhold was not drafted coming out of Drury
Baseball Nov. 6, 2021
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Military reports 7 additional COVID-19 cases
South Korea's military reported seven additional COVID-19 cases Saturday, bringing the total caseload among its personnel to 2,074, the defense ministry said. All the newly confirmed cases were found to be breakthrough infections. With the latest tally, there have been 374 breakthrough cases in the military. (Yonhap)
Social Affairs Nov. 6, 2021
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KOSPI likely to move in tight range next week on policy uncertainties
South Korea's benchmark stock index is likely to move in a tight range next week, although volatility may increase due to policy uncertainties, analysts said. The benchmark Korea Composite Stock Price Index (closed at 2,969.27 points Friday, nearly unchanged from 2,970.68 points a week ago. The KOSPI fluctuated as investors waited and digested the U.S. Federal Reserve's meeting results, particularly its stance over potential rate hikes. According to the FOMC meeting results, the US central b
Market Nov. 6, 2021
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New cases over 2,000 for 4th day amid relaxed virus curbs
South Korea's new coronavirus cases stayed above 2,000 for the fourth consecutive day Saturday as the country relaxed virus curbs under its "living with COVID-19" scheme that allows people to gradually return to normalcy. The country reported 2,248 new COVID-19 cases, including 2,219 local infections, raising the total caseload to 377,712, the Korea Disease Control and Prevention Agency said. Saturday's figure is down from 2,344 cases from the previous day but still substantially la
Social Affairs Nov. 6, 2021
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Lotte aquarium seeks to transport beluga whale to wildlife sanctuary
Lotte World said Friday that it plans to send its only-surviving beluga whale in its aquarium to a wildlife sanctuary next year in a move for its eventual release into its natural habitat. The theme park business unit of Hotel Lotte Co. said it is in contact with a whale sanctuary in Iceland, and plans to talk with sanctuaries in Russia and Canada. Lotte World said the East Sea -- the body of water between South Korea and Japan -- is also considered as a site for releasing "Bella," o
Social Affairs Nov. 5, 2021
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S. Korea calls for cooperation with global companies on climate goals
South Korea's Trade Minister Yeo Han-koo proposed Friday that South Korean and global companies join hands to address climate challenges as he met with leaders of major businesses, his office said. Yeo made the call at a meeting of the Alliance of CEO Climate Leaders, a platform under the World Economic Forum, in Glasgow, Scotland. The meeting brought together dozens of top officials of multinational firms and government officials who sought ways to help accelerate the transition to a net-zero
Industry Nov. 5, 2021
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Ex-school principal accused of spycam voyeurism handed over to prosecution
Police on Friday transferred to the prosecution a former elementary school principal accused of installing a spy camera in a female teachers' restroom. The Anyang Dongan Police Station in Anyang, 23 kilometers south of Seoul, concluded its probe into the 57-year-old man, who was arrested late last month, and handed the case over to the prosecution, recommending he be indicted on sexual offense charges, officials said. He has admitted to having fitted a tiny camera inside a tissue box in the re
Social Affairs Nov. 5, 2021
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Samsung Heavy Q3 net losses widen on one-time cost
Samsung Heavy Industries Co. said Friday that its net losses widened in the third quarter from a year earlier due to one-off costs. Its net losses widened to 124 billion won ($105 million) in the July-September period from a loss of 7.3 billion won a year ago, the company said in a regulatory filing. Its operating losses deepened to 110 billion won in the third quarter from an operating loss of 13.4 billion won a year earlier, and sales dropped 11.4 percent on-year to reach 1.49 trillion won o
Industry Nov. 5, 2021
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Seoul stocks retreat on institutional sell-offs
South Korean stocks retreated on Friday, led by institutional sell-offs. The Korean won fell against the US dollar. The benchmark Korea Composite Stock Price Index (Kospi) lost 13.95 points, or 0.47 percent, to close at 2,969.27 points. Trading volume was moderate at about 676 million shares worth some 12.4 trillion won ($10.5 billion), with losers outnumbering gainers 608 to 269. Institutions sold a net 446 billion won, while retail investors purchased 388 billion won. Foreigners bought a ne
Market Nov. 5, 2021
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Ex-Prosecutor General Yoon wins presidential nomination of main opposition People Power Party
Former Prosecutor General Yoon Seok-youl won the presidential nomination of the main opposition People Power Party (PPP) on Friday. Yoon won 47.85 percent of votes cast in a four-day poll of party members and the general public this week, followed by Rep. Hong Joon-pyo with 41.50 percent. Former Rep. Yoo Seong-min won 7.47 percent, while former Jeju Gov. Won Hee-ryong won 3.17 percent. The results were announced at a national convention at the Kim Koo Museum and Library in Seoul. (Yonhap)
Politics Nov. 5, 2021
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Korea Shipbuilding grabs W748b order for 3 LNG carriers
Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Friday it has obtained a 748 billion-won ($632 million) deal to build three LNG carriers. The vessels will be delivered to an Oceania customer from the second half of 2024, the company said in an emailed statement. With the latest deal, KSOE has bagged orders worth $20.9 billion so far this year, far exceeding this year's order target of $14.9 billion. KSOE, the subholding company of Hyundai Heavy Industries Holdings Co., operates
Industry Nov. 5, 2021
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S. Korea secures 60m Pfizer vaccine doses for 2022
South Korea on Friday signed a deal with US pharmaceutical giant Pfizer Inc. to buy 30 million doses of its COVID-19 vaccine to be administered next year, bringing the total amount to 60 million, health authorities here said. The deal is a follow-up to an earlier deal signed in August that secured 30 million doses and had an option for an additional 30 million doses, according to the Korea Disease Control and Prevention Agency (KDCA). The contract is part of South Korea's plan to secure enough
Social Affairs Nov. 5, 2021
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Over 20 rallies to occur in Seoul on first weekend after easing of gathering curbs
The center of Seoul is expected to be crowded with nearly 4,000 demonstrators taking part in more than 20 rallies of varying sizes on the first weekend after the easing of gathering restrictions under the government's "living with COVID-19" scheme, police said Friday. Before this month, rallies and demonstrations, except for one-person protests, were banned across Seoul as part of authorities' anti-coronavirus campaign. With the launch of the "living with COVID-19" strategy
Social Affairs Nov. 5, 2021
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Prosecutors' office raided in connection with opposition's political meddling scandal
The Supreme Prosecutors Office (SPO) was raided Friday as part of a probe into allegations that a sitting prosecutor conspired with the main opposition party to investigate pro-government figures when opposition presidential contender Yoon Seok-youl was in office as prosecutor general, sources said. Authorities are currently looking into suspicions that Son Jun-sung, a prosecutor who previously served at the SPO, asked the main opposition People Power Party (PPP) to file a complaint against pro
Politics Nov. 5, 2021
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