Articles by Yonhap
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Seoul bus drivers go on general strike, cause morning rush hour delays
Unionized bus drivers in Seoul went on a general strike Thursday to demand a wage hike, halting the operation of nearly 98 percent of buses running across the capital and causing delays for commuters in the morning rush hour. In their last-minute wage negotiations conducted from Wednesday till early Thursday morning, the Seoul Bus Labor Union and their employers failed to strike a deal over the union's demand for a 12.7 percent increase in hourly wages. The union, which has about 18,000 mem
Social Affairs March 28, 2024
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US slaps new sanctions against 6 N. Koreans, 2 entities for financing NK WMD programs
The United States on Wednesday imposed new sanctions on six North Korean nationals and two third-country entities for their role to help finance Pyongyang's weapons of mass destruction programs, the Treasury Department said. In coordination with South Korea, the department announced sanctions targeting agents of designated North Korean banks as well as companies that employ North Korean IT workers abroad, as it accused them of helping generate revenue for the recalcitrant regime in Pyongyan
North Korea March 28, 2024
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Yoon receives JFK Profile in Courage Award from late president's daughter
President Yoon Suk Yeol met US Ambassador to Australia Caroline Kennedy on Wednesday and received the John F. Kennedy Profile in Courage Award, five months after being honored by the US foundation, the presidential office said. The ambassador, honorary president of the John F. Kennedy Library Foundation and the daughter of the late US president, handed over a sterling silver lantern symbolizing the award to Yoon during their meeting at the presidential office. The delivery comes after the founda
Foreign Affairs March 27, 2024
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Navy sailor dies overboard during drill in East Sea
A Navy sailor died after falling overboard while attending a maritime drill in the East Sea on Wednesday, the Navy said. The Navy sergeant aboard a fast patrol boat fell into the water during a live-fire exercise in the East Sea in the afternoon, the Navy's 1st Fleet said. He received first aid treatment and was sent to a nearby hospital but was pronounced dead, the armed service said. The Navy said it is looking into the cause of the accident. He is known to have fallen into the water as h
Defense March 27, 2024
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Late-blooming football defender savors 1st int'l goal in World Cup qualifier
Three South Korean players scored a goal apiece in the team's 3-0 win over Thailand in their latest World Cup qualifying match Tuesday night in Bangkok, and defender Park Jin-seop had a particularly emphatic celebration. As soon as his right-footed shot from close range found the back of the net at Rajamangala Stadium, Park got down on both knees and raised his arms, and let out a primal scream of pure, unbridled joy. It was Park's first international goal in his sixth international ma
Soccer March 27, 2024
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With Olympics looming, nat'l football caretaker coach not interested in double duty
For South Korea's two World Cup qualifying matches, Hwang Sun-hong was thrust into a difficult situation. Hwang, head coach of the South Korean under-23 men's team trying to qualify for the Olympics, was named the senior squad's caretaker manager for March. His job was to hold the fort for two matches against Thailand and keep South Korea atop their group in the Asian World Cup qualifying tournament, while the Korea Football Association continued its search for a full-time repla
Soccer March 27, 2024
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Seoul shares end nearly flat; won dips to nearly 4-month low
South Korean stocks finished nearly flat Wednesday ahead of the releases of key US inflation data as investors cashed in recent gains. The local currency fell sharply against the US dollar. The benchmark Korea Composite Stock Price Index dropped 1.98 points, or 0.07 percent, to close at 2,755.11. Trade volume was moderate at 482.5 million shares worth 11.3 trillion won ($8.38 billion), with losers outnumbering winners 499 to 367. Individuals and institutions led the slight decline, dumping a net
Market March 27, 2024
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S. Korea, US launch task force to block N. Korea's nuclear, missile programs
South Korea and the United States have launched a task force to effectively block North Korea from financing its unlawful nuclear and missile programs, the foreign ministry said Wednesday. The inaugural meeting of the South Korea-US bilateral Enhanced Disruption Task Force was held in Washington, D.C., on Tuesday with over 30 officials in areas of diplomacy, intelligence, sanctions and maritime interdiction, according to the ministry. During the meeting, the two sides discussed ways to counter i
Defense March 27, 2024
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Major Baltimore bridge collapses; six presumed dead
A major bridge in Baltimore, Maryland, collapsed early Tuesday after a Singapore-flagged container ship struck a pillar of the decades-old bridge, leaving six people presumed dead, according to state authorities. The 289-meter-long freighter, named Dali, struck the Francis Scott Key Bridge at around 1:30 a.m., resulting in its collapse into the Patapsco River. US officials reported no indication of a terrorist attack. At the time of the collapse, there were at least eight construction workers co
World News March 27, 2024
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Seoul shares start lower on US losses
South Korean stocks opened a tad lower Wednesday, tracking overnight losses on Wall Street. The benchmark Korea Composite Stock Price Index lost 6.94 points, or 0.25 percent, to 2,750.15 in the first 15 minutes of trading. US stocks finished lower ahead of key inflation data. The Dow Jones Industrial Average fell 0.08 percent, and the tech-rich Nasdaq Composite slid 0.42 percent. In Seoul, market heavyweights traded in mixed territory. Samsung Electronics, the world's largest memory chipmak
Market March 27, 2024
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Yoon offers to jointly discuss next year's medical budget with doctors
President Yoon Suk Yeol offered Tuesday to jointly discuss next year's medical budget with the medical community, his office said, amid a protracted walkout by junior doctors protesting an increase in the medical school enrollment quota. Yoon instructed his aides to make the proposal to the medical community after he held a meeting with medical staff at Hankook General Hospital in Cheongju, 112 kilometers southeast of Seoul, according to Lee Do-woon, senior presidential secretary for public
Politics March 26, 2024
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Doctors' group picks new leader amid tense standoff over increased enrollment quota
A major lobby group of community doctors picked a new leader Tuesday as a prolonged walkout by junior doctors over a medical school enrollment quota continued to disrupt services at major hospitals. Lim Hyun-taek, head of the Korean Pediatric Association, was elected to be the new leader of the Korean Medical Association (KMA), which represents some 100,000 community doctors. Lim won 65.43 percent of the vote in the final round of voting by members of the KMA, beating Joo Soo-ho, the chief KMA s
Social Affairs March 26, 2024
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Seoul's bus union votes to strike over wage
The labor union of city bus drivers in Seoul voted Tuesday to launch an all-out strike later this week after failing to reach a deal on wage hikes with the municipal government. The Seoul Bus Labor Union said 16,317 of its 18,133 members took part in the vote, with 98.3 percent voting in favor of the strike scheduled for 4 a.m. Thursday. The union has reportedly demanded wage increases, revision of the salary system and the abolition of wage discrimination for contract workers but has failed to
Social Affairs March 26, 2024
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N. Korea refuses all contact, including summit, with Japan
North Korea will refuse all contact with Japan, after Tokyo took issue with the problem of Japanese abductees and the North's nuclear program, the sister of North Korean leader Kim Jong-un said Tuesday. Kim Yo-jong, vice department director of the ruling Workers' Party's Central Committee, made the remark in a statement carried by the Korean Central News Agency, a day after she said Japanese Prime Minister Fumio Kishida had expressed a willingness to hold a summit with her brother
North Korea March 26, 2024
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Seoul shares close higher on robust chip stocks
South Korean stocks rose Tuesday to end a two-session losing streak buoyed by strong semiconductor shares. The local currency gained against the US dollar. The benchmark Korea Composite Stock Price Index added 19.52 points, or 0.71 percent, to close at 2,757.09. Trade volume was moderate at 439.5 million shares worth 11.9 trillion won ($8.88 billion), with gainers closely beating decliners 452 to 404. Foreign and institutional net purchases worth a combined 1.15 trillion won led the daily increa
Market March 26, 2024
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