Articles by Yonhap
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Seoul stocks snap 3-day winning streak on renewed US-China tensions
South Korean stocks snapped a three-day rally to drop more than 2 percent Monday on renewed tensions between the United States and China amid the novel coronavirus pandemic. The Korean won sharply fell against the US dollar. The benchmark Korea Composite Stock Price Index (KOSPI) shed 52.19 points, or 2.68 percent, to close at 1,895.37. Trading volume was high at 1.1 billion shares worth 10.1 trillion won ($8.2 billion), with losers outpacing gainers 549 to 312. Investor sentiment was spooke
Market May 4, 2020
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EXO's Suho temporarily leaves band to serve military term
Suho, the leader of the globally-loved K-pop boy band EXO, will temporarily leave the group to fulfill his military duty, the artist said Monday. The 29-year-old, whose legal name is Kim Jun-myeon, will begin his military term on May 14, he said in a hand-written letter uploaded on the fan community application, Lysn. "During the time, I think I may dearly miss you, EXO-L," Suho said, referring to the name of the EXO fandom. SM did not provide further details on his enlistment, inc
K-pop May 4, 2020
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S. Korean FM discuss virus responses with Sri Lankan, Czech counterparts
Foreign Minister Kang Kyung-wha spoke by phone with her Sri Lankan and Czech Republic counterparts Monday and discussed cooperation in coping with the coronavirus pandemic, her office said. In the talks with Dinesh Gunawardena, Kang explained that the COVID-19 situation in South Korea is stabilizing as a result of nationwide efforts to overcome the disease based on the principle of transparency in terms of its quarantine policy, the ministry said in a release. In response, Gunawardena praise
Foreign Affairs May 4, 2020
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G-Dragon becomes 1st Korean artist to win Chinese ad deal since THAAD fallout: agency
G-Dragon became the first South Korean celebrity to sign a corporate endorsement deal with a Chinese company following Beijing's virtual ban on "hallyu," or South Korean pop culture, since 2016, the singer's agency said Monday. The singer-rapper of K-pop act BIGBANG recently signed a deal with Chinese bottled water giant Nongfu Spring Co. and will be featured in promotional material for the company's new tea drink brand, Chapai, YG Entertainment said. Online and social media marketi
K-pop May 4, 2020
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S. Korea's labor productivity growth slows on lack of investment, innovation
South Korea's labor productivity growth has sharply slowed over the past decade due partly to a lack of investment and innovation, a study suggested Monday. According to You Hye-mi, a professor from Seoul's Hanyang University, the country's labor productivity rose at an annual average of 2.67 percent between the 2010-2018 period, nearly half of the average 4.6 percent posted between the 2001-2008 period. In a research paper, the economics professor partly attributed the drop to the lack of in
Economy May 4, 2020
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Baseball league to provide real-time feed of video review
Starting this season, when umpires in South Korean baseball put on their headsets to connect with the league replay center, fans will be able to watch the same feed as officials in the video room. The Korea Baseball Organization (KBO) announced Monday that it will post replay clips in real time on its website, www.koreabaseball.com, starting with Opening Day on Tuesday. When managers challenge a call, the replay center reviews the play using feeds from about a dozen cameras from the broadcast
Baseball May 4, 2020
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State-run think tank proposes signing free trade deal with N. Korea
South Korea should sign a free trade deal with North Korea to accelerate reform in the communist nation and to help it integrate into the international market, a state-run think tank said Monday. The Korea Institute for International Economic Policy (KIEP) made the suggestion in a report on inter-Korean economic cooperation, saying such an accord will create an environment for stable cross-border economic cooperation amid international sanctions on Pyongyang. "The new inter-Korean econom
North Korea May 4, 2020
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Hyundai, Kia to resume US factory operations this week
Hyundai Motor Co. and its affiliate Kia Motors Corp. said Monday their US plants will resume operations this week after taking thorough quarantine measures to guard against the new coronavirus. Hyundai and Kia plan to restart production at their plants in Alabama and Georgia, respectively, on Monday (US time) and flexibly operate the plants "depending on the COVID-19 developments and local market conditions," a company spokesman said over the phone. Hyundai has suspended the Alabama
Mobility May 4, 2020
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NK paper highlights fertilizer plant construction after Kim's attendance at completion event
North Korea's official newspaper on Monday highlighted the construction of a fertilizer plant after leader Kim Jong-un attended a ceremony for its completion last week in his first public activity following a weekslong absence that sparked speculation about his health. In its front page, the Rodong Sinmun, the organ of the North's ruling party, carried comments contributed by factory managers from diverse sectors who lauded the completion of the Sunchon Phosphatic Fertilizer Factory. "We
North Korea May 4, 2020
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No local COVID-19 infection reported in Seoul for 2 weeks
No coronavirus case from community transmission was reported in Seoul for two straight weeks, data showed Monday. Total infections in the capital reached 637 as of 10 a.m. on Monday, with 154 people currently under treatment, according to the data released by the Seoul Metropolitan Government. Two have died, while 481, or 76 percent of patients, have been released after recovery. The data showed that around 40 percent of infections were related to imported cases, with the city's most recent
Social Affairs May 4, 2020
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BTS begins new journey for first self-produced album
Global band BTS has begun a new journey to produce an album, possibly the first self-produced album in the band's high-profile seven-year music career. Appearing on a live video log on YouTube last week, BTS member Jimin shared the news on the project, the band's new discographic journey that came as the coronavirus pandemic has put its globe-trotting concert tour on hold. "As our team's production of a new album has been assigned independently to ourselves, we named the project managers
K-pop May 4, 2020
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N. Korea stays mum on S. Korea's call for explanation of DMZ gunfire: ministry
North Korea has not responded yet to South Korea's call for an explanation on Sunday's firing of several bullets that hit a South Korean guard post on the inter-Korean border, Seoul's defense ministry said Monday. On early Sunday, four bullets from the North hit the South's guard post in the central part of the Demilitarized Zone (DMZ) in Cheorwon, Gangwon Province, prompting South Korean troops to respond by firing 20 rounds of warning shots and issuing broadcast warnings, according to the Jo
North Korea May 4, 2020
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美 바이오 업체, 코로나 완치 기증 혈액으로 돈벌이
미국에서 신종 코로나바이러스 감염증(코로나19) 완치자들의 혈액이 많게는 수천만 원에 팔리고 있다고 일간 뉴욕타임스(NYT)가 2일(현지시간) 보도했다. 코로나19 백신 또는 치료제 개발업체들로서는 혈액 샘플이 절실한 상황에서, 미국의 일부 바이오기업들이 기증받은 혈액을 고가에 팔아 이윤을 남기고 있다는 것이다. NYT가 자체 확인한 이메일과 문서 등에 따르면 바이오 업체인 '캔터 바이오커넥스'는 3월 31일~ 4월 22일 완치자 혈액을 1㎖(20방울) 기준 최소 350달러에서 최고 4만 달러(약 5천만 원)에 판매했다. 혈액 내 항체 수치가 높을수록 비싼 가격이 매겨졌다. 기증자에게는 100달러(12만5천원)의 실비가 지급된 것으로 알려졌다. 이와 별도로, 캔터 바이오커넥스와 구매자를 연결해주는 인도의 한 업체는 혈액 샘플에 최고 5만 달러(약 6천200만원)의 가격을 매겼다. 코로나19에서 완치되고 나서 혈액을 기증했다는 앨레시아 젠킨스(42)는 "시애틀의
한국어판 May 4, 2020
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Baseball managers, players thank frontline medical staff for making season possible
Of the many signs that life in South Korea is returning to normal amid the global coronavirus pandemic, the start of a new baseball season may be among the clearest. After all, if it is safe for grownups to take their bats and gloves and play a game for three hours, then it must be OK to engage in other activities, too. The 2020 Korea Baseball Organization (KBO) season will start Tuesday after being delayed from the original March 28 Opening Day due to the COVID-19 outbreak. As they prepare fo
Baseball May 4, 2020
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Short and sweet: Shortened pro football season to kick off Friday, with champs chasing history
It's going to be a shorter-than-usual season in South Korean men's professional football this year. Fans of the beautiful game are hoping it will be sweeter too. In one of the growing signs that life is returning to normal -- or at least some semblance of it -- amid the coronavirus pandemic, the K League football season will kick off Friday. After more than two months of delay, the three-time defending champions Jeonbuk Hyundai Motors will host the 2019 FA Cup winners Suwon Samsung Bluewings a
Soccer May 4, 2020
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