Articles by Yonhap
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Leaders of doctors' group questioned again over trainee doctors' walkout
Leaders of the Korean Medical Association, the country's biggest doctors' group, appeared before police on Wednesday for another round of questioning over suspicions of instigating a mass walkout by trainee doctors. Joo Soo-ho, the chief KMA spokesperson, and Park Myung-ha, the group's organization consolidation chief, arrived at the Seoul Metropolitan Police Agency's public crime investigation office in Seoul to undergo questioning. Joo and Park are among the five former and current KMA leaders
Social Affairs March 20, 2024
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S. Korea, US conduct river-crossing drills near border with N. Korea
South Korea and the United States have been conducting river-crossing drills near the border with North Korea to enhance the interoperability of their troops, Seoul's Army said Wednesday. The exercise has been under way on the Imjin River in the border city of Paju, located 37 kilometers north of Seoul, since March 11, according to the Army. Approximately 470 troops from the South Korean Army's 5th Armored Brigade and an engineering battalion under the US 2nd Infantry Division/ROK-US C
Defense March 20, 2024
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Seoul shares open higher on Wall Street gains
South Korean stocks opened sharply higher Wednesday, tracking overnight gains on Wall Street. The benchmark Korea Composite Stock Price Index gained 23.92 points, or 0.90 percent, to 2,680.10 in the first 15 minutes of trading. Overnight, the Dow Jones Industrial Average closed 0.83 percent higher. In Seoul, large caps traded mixed. Market bellwether Samsung Electronics added 1.10 percent, while No. 2 chipmaker SK hynix remained flat. Top battery maker LG Energy Solution climbed 0.50 percent, wi
Market March 20, 2024
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N. Korea conducts ground engine test for new hypersonic missile
North Korea said Wednesday it has successfully conducted a ground jet test of a solid-fuel engine for a new type of intermediate hypersonic missile amid heightened tensions on the Korean Peninsula. Hypersonic missiles are on the list of sophisticated weapons North Korean leader Kim Jong-un vowed to develop during a key party congress in 2021, along with nuclear-powered submarines, spy satellites and solid-fuel intercontinental ballistic missiles. Hypersonic missiles travel at a speed of at least
North Korea March 20, 2024
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Seoul shares dip over 1% ahead of Fed rate decision
South Korean stocks slipped more than 1 percent Tuesday as investors remained cautious ahead of the US Federal Open Market Committee's meeting this week. The local currency fell against the US dollar. The benchmark Korea Composite Stock Price Index lost 29.67 points, or 1.1 percent, to 2,656.17. Trade volume was moderate at 683.5 million shares worth 10.5 trillion won ($7.88 billion), with losers outpacing gainers 603 to 276. Foreigners sold a net 238 billion won worth of stocks, while indi
Market March 19, 2024
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Health ministry chides medical professors for moving to resign in support of junior doctors' walkout
The health ministry on Tuesday criticized medical professors of Seoul National University for deciding to resign en masse in support of a monthlong walkout by trainee doctors, saying such a move is unacceptable. Second Vice Health Minister Park Min-soo also stepped up an appeal for medical professors to persuade junior doctors to return to work, as their labor action has disrupted public health services. Park made the remarks a day after the university's medical professors decided to submit
Social Affairs March 19, 2024
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Yoon says medical licenses should not be used as tool against people
President Yoon Suk Yeol lamented the ongoing walkout by junior doctors on Tuesday, saying their medical licenses should not be used as a tool against the people. Yoon made the remark during a Cabinet meeting as thousands of trainee doctors remained off their jobs for a month to protest the government's plan to increase admissions to medical schools by 2,000 starting next year. The government has stood by the plan, citing the need to supply more physicians especially to rural areas and essen
Social Affairs March 19, 2024
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Russian cultural delegation visits N. Korea amid deepening ties
A Russian delegation led by Moscow's vice culture minister has arrived in Pyongyang, state media said Tuesday, as the two nations have been strengthening their ties following a rare summit of their leaders in September. The delegation led by Russia's Vice Culture Minister Andrei Maluishev arrived in the North the previous day on the occasion of the 75th anniversary of a bilateral agreement on economic and cultural cooperation, the North's Korean Central News Agency said. The deleg
North Korea March 19, 2024
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S. Korea to provide W420tr in policy loans for carbon emission reduction by 2030
South Korea's financial regulator unveiled an ambitious plan Tuesday to provide 420 trillion won ($315 billion) in policy loans by 2030 to help reduce greenhouse gas emissions. Seoul has pledged to reduce its greenhouse gas emissions by 37 percent from business-as-usual levels. "There exist concerns that the global competitiveness of our exporters may dwindle should we fail to take appropriate steps to meet the increasing emissions-related regulations in other countries," the Fina
Economy March 19, 2024
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Dodgers' Opening Day starter hoping to see S. Korean style cheering in Los Angeles
While his Los Angeles Dodgers played their two exhibition games in Seoul to prepare for their regular season openers, starting pitcher Tyler Glasnow got a close look at what the South Korean style of cheering is all about. And the American right-hander quickly became a fan of it. In a typical Korea Baseball Organization game, there are cheering teams on either side of the diamond, with the home team usually taking the stage on the first base side and the road team setting up shot on the third ba
Baseball March 19, 2024
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Seoul shares open lower ahead of FOMC meeting
South Korean stocks started lower Tuesday as investors awaited the US Federal Open Market Committee's meeting this week. The benchmark Korea Composite Stock Price Index lost 27.32 points, or 1.02 percent, to 2,658.52 in the first 15 minutes of trading. Overnight, the US stock market closed higher, mainly led by tech shares, with the Dow Jones Industrial Average rising 0.2 percent and the Nasdaq Composite advancing 0.82 percent. The FOMC is set to start its two-day rate-setting meeting Tuesd
Market March 19, 2024
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NK leader guides firing drills involving super-large multiple rocket launchers
North Korean leader Kim Jong-un has guided firing drills involving super-large multiple rocket launchers and called for perfecting readiness to collapse the capital of the enemy with the "core striking means," state media said Tuesday. On the previous day, Kim oversaw the "salvo" drills of artillery units in the country's western region using the 600mm multiple launch rocket system, according to the Korean Central News Agency. The South Korean military said Monday it det
North Korea March 19, 2024
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Dodgers beat S. Korea in final exhibition before MLB opener in Seoul
The Los Angeles Dodgers rallied past South Korea 5-2 to win their second straight exhibition game in Seoul on Monday, with the regular season opener against the San Diego Padres on the horizon. The Dodgers scored three times in the bottom of the third to turn a 2-1 deficit into a 4-2 lead at Gocheok Sky Dome in Seoul, before adding an insurance run in the seventh. The Dodgers and the Padres will then open the 2024 Major League Baseball (MLB) regular season at Gocheok on Wednesday, with another g
Baseball March 18, 2024
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Blinken says US will always work with S. Korea against NK provocations
US Secretary of State Antony Blinken said Monday the United States will always work with South Korea to firmly respond to North Korea's provocations, according to the presidential office, after Pyongyang fired multiple short-range ballistic missiles toward the East Sea. Blinken made the remark during a meeting with President Yoon Suk Yeol on the sidelines of the third Summit for Democracy hosted by South Korea this week. "Secretary Blinken said the United States will always be with Sou
Foreign Affairs March 18, 2024
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N. Korean leader congratulates Putin on reelection
North Korean leader Kim Jong-un on Monday congratulated Russian President Vladimir Putin for being reelected as Moscow's leader, state media said, amid deepening military cooperation between the two nations. Putin won a landslide victory in Russia's election Sunday for a fifth term in office, which will extend his 24-year rule for another six years. "I am firmly convinced that, under your energetic and correct guidance, the Russian people will surely win victory in the cause of ..
North Korea March 18, 2024
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