Articles by Yonhap
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Top diplomats of S. Korea, Indonesia agree to continue cooperation on delayed fighter jet project
SEOUL, March 18 (Yonhap) -- The top diplomats of South Korea and Indonesia reaffirmed their commitment to work on the joint development of the KF-21 fighter jet delayed due to Jakarta's suspended payment, Seoul's foreign ministry said Monday. The discussions between Foreign Minister Cho Tae-yul and his Indonesian counterpart, Retno Marsudi, were held earlier in the day on the margins of the third Summit for Democracy hosted by South Korea. Indonesia has agreed to shoulder about 20 pe
Foreign Affairs March 18, 2024
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Health ministry sends final notice of license suspension to 2 leaders of doctors' group
The health ministry has sent a final notice of license suspension to two leaders of a lobby group of senior doctors, the two doctors said Monday, marking the first formal suspension of a license since trainee doctors walked off their job in protest of a plan to increase the number of medical students. The final notice was sent to Park Myung-ha and Kim Taek-woo, leaders of an emergency committee at the Korea Medical Association, Park told Yonhap News Agency by telephone. "I have received a
Social Affairs March 18, 2024
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S. Korean stocks close higher ahead of US Fed meeting
South Korean stocks closed slightly higher Monday ahead of a US Fed meeting where investors believe signs of a possible rate cut down the road may emerge. The local currency lost ground against the US dollar. The benchmark Korea Composite Stock Price Index gained 19.00 points, or 0.71 percent, to close at 2,685.84. Trade volume was moderate at 401 million shares worth 9.35 trillion won ($7 billion), with losers outnumbering gainers 439 to 434. Institutions were the sole buyers, net purchasing 22
Market March 18, 2024
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US condemns N. Korea's ballistic missile launches
The United States on Sunday condemned North Korea's ballistic missile launches this week as a violation of multiple UN Security Council resolutions, and called for the recalcitrant regime to return to dialogue. South Korea's Joint Chiefs of Staff said that the North fired multiple short-range ballistic missiles toward the East Sea on Monday morning, days after Seoul and Washington concluded their major springtime military exercise. "The United States condemns the DPRK's March
North Korea March 18, 2024
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S. Korea, OECD hold conference on 'digital finance'
South Korea and the Organization for Economic Cooperation and Development opened a joint conference in Seoul on Monday to discuss ways to help Southeast Asian countries develop and transform their financial systems. The conference will be held for two days and discuss potential problems arising from the digitalization of financial systems in the Association of Southeast Asian Nations member countries and ways to address them, according to South Korea's financial regulator, the Financial Ser
Economy March 18, 2024
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Padres' S. Korean pitcher Go Woo-suk to make homecoming appearance vs. ex-KBO team
Go Woo-suk, the South Korean relief pitcher for the San Diego Padres, will make an appearance against his former Korea Baseball Organization club LG Twins on Monday, his manager said. Mike Shildt said Go, former closer with the Twins, will likely make an appearance in middle innings when the Padres take on the South Korean team in an exhibition game at Gocheok Sky Dome in Seoul. It will be the second exhibition game for the Padres here before they play the Los Angeles Dodgers in the season-openi
Baseball March 18, 2024
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Son of S. Korean pastor detained in N. Korea to urge repatriation at UN session
A son of Choe Chun-gil, a South Korean pastor detained in North Korea, plans to call for international cooperation for North Korea's repatriation of his father and other detainees at a UN session in Switzerland, Seoul's unification ministry said Monday. Choe is one of six South Koreans currently detained in North Korea for years, including two other pastors, Kim Jung-wook and Kim Kuk-gi, with their whereabouts or fates unknown. Choe's son will visit Geneva for a four-day trip thro
North Korea March 18, 2024
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Seoul shares open slightly higher on tech gains
South Korean stocks opened a tad higher Monday, buoyed by gains in technology stocks. The benchmark Korea Composite Stock Price Index added 0.72 point, or 0.03 percent, to 2,667.56 in the first 15 minutes of trading. Large caps traded mixed while techs and chemicals were in positive terrain. Tech giant Samsung Electronics gained 0.55 percent, with No. 2 chipmaker SK hynix advancing 0.56 percent. Leading battery maker LG Energy Solution added 0.75 percent, while its local rival Samsung SDI gained
Market March 18, 2024
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Health minister voices grave concern about looming resignations of medical professors
Health Minister Cho Kyoo-hong on Monday expressed grave concerns about a decision by medical professors to resign en masse in support of junior doctors' walkout that has crippled medical services for nearly a month. About 90 percent of 13,000 interns and resident doctors have stayed off the job since late February in protest of the government's decision to increase enrollment at medical schools by 2,000 spots from the current 3,058. With the labor action by junior doctors showing littl
Social Affairs March 18, 2024
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Padres squeeze past S. Korean national team in exhibition game in Seoul
The San Diego Padres eked out a 1-0 win over the South Korean national team in their first exhibition game in Seoul on Sunday. The Padres scored their only run on a wild pitch by South Korean starter Moon Dong-ju in the top of the first inning at Gocheok Sky Dome in Seoul. South Korea outhit the Padres 5-4, but squandered some late scoring opportunities against the Padres bullpen. Kim Ha-seong, the South Korean shortstop for the Padres, batted 1-for-4 in his homecoming in front of 12,497 fans.
Baseball March 17, 2024
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PPP leader urges return of top envoy to Australia amid corruption probe
Ruling party leader Han Dong-hoon urged law enforcement Sunday to summon the ambassador to Australia home amid the ongoing investigation into his alleged interference in a military probe into the death of a Marine. Han Dong-hoon, the interim leader of the ruling People Power Party, made the remarks as criticism is growing over the controversial departure of Ambassador Lee Jong-sup to the host country last week despite him being a subject in the investigation. "The Corruption Investigation O
Politics March 17, 2024
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S. Korean pitcher Moon Dong-ju flashes electric yet wild stuff in exhibition vs. Padres
Billed as the next big thing in South Korean baseball, right-hander Moon Dong-ju showcased some electric stuff in an exhibition game against the San Diego Padres in Seoul on Sunday. The problem was Moon didn't always know where his blazing fastballs were going. Moon, starter for the Hanwha Eagles in the Korea Baseball Organization (KBO), got the starting nod for the national team against the Padres at Gocheok Sky Dome in Seoul. It was the first of two exhibitions scheduled for the Padres
Baseball March 17, 2024
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Shohei Ohtani strikes out in both at-bats in exhibition vs. KBO club
It wasn't meant to be for Shohei Ohtani on Sunday. The Los Angeles Dodgers superstar struck out in both of his two plate appearances in an exhibition game in Seoul against the South Korean club Kiwoom Heroes. Ohtani is the biggest draw here as the Dodgers are gearing up for the historic Major League Baseball Seoul Series against the San Diego Padres on Wednesday and Thursday -- the first MLB regular season games to be played in South Korea. Ohtani signed a 10-year, $700 million contract wit
Baseball March 17, 2024
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S. Korea conducts large-scale military exercises near border islands
South Korea has conducted large-scale military exercises around western border islands to practice deploying forces in the event of North Korean provocations, the military said Sunday. The maneuvers took place Friday around the islands of Baengnyeong and Yeonpyeong near the Yellow Sea border with the North, involving the Marines' quick maneuver force, the Navy landing ship (LST-II), the MUH-1 Marineon helicopter, and the Korean Assault Amphibious Vehicle, according to the North West Islands
Defense March 17, 2024
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Blinken set to arrive in S. Korea to attend democracy summit
US Secretary of State Antony Blinken was set to arrive in South Korea on Sunday to attend a session of the Summit for Democracy, a US-led multination gathering formed to boost solidarity and shared values among democratic countries. Blinken is expected to arrive at Osan Air Base in Pyeongtaek, 60 kilometers south of Seoul, for a two-day visit that will also include talks with South Korean Foreign Minister Cho Tae-yul, their second meeting in less than a month after the earlier one held in Washin
Foreign Affairs March 17, 2024
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