Articles by Yonhap
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New envoy to Australia posts greetings on website amid appointment row
South Korea's new ambassador to Australia officially assumed his post with a greeting on the embassy's website Tuesday amid controversy over his alleged influence-peddling case related to the death of a young Marine last year. Lee Jong-sup, who served as defense minister from 2022 to 2023, left for Australia on Sunday, two days after the justice ministry lifted his travel ban. "Our embassy will play a role in promoting peace and stability in the region, including the denucleariz
Politics March 12, 2024
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Ryu Hyun-jin pleased with 1st KBO preseason outing, thanks fans for support
After pitching in front of home fans for the first time in over a decade, Hanwha Eagles starter Ryu Hyun-jin said Tuesday he was mostly happy with his performance. The 36-year-old left-hander pitched four innings of one-run ball against the Kia Tigers in a preseason game in the Korea Baseball Organization (KBO) at Hanwha Life Eagles Park in Daejeon, some 140 kilometers south of Seoul. It was Ryu's first official KBO game since Oct. 4, 2012. He first pitched for the Eagles from 2006 to 201
Baseball March 12, 2024
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Seoul shares close higher on tech, battery gains
South Korean stocks ended higher Tuesday as investors scooped up tech, battery and other blue chips. The local currency fell against the US dollar. The benchmark Korea Composite Stock Price Index rose 21.97 points, or 0.83 percent, to 2,681.81. Trade volume was moderate at 390 million shares worth 9.45 trillion won ($7.3 billion). Losers, however, beat winners 495 to 365. Institutions led the overall gains, buying a net 508 billion won, while foreign and retail investors unloaded shares. Han Ji-
Market March 12, 2024
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Foreign ministry says providing consular assistance to S. Korean national arrested in Russia
The foreign ministry said Tuesday it has been providing consular assistance to a South Korean national arrested in Russia reportedly on espionage charges. Russia's TASS news agency reported Monday that South Korean citizen Baek Won-soon has been held in the Lefortovo detention facility in Moscow since late February, and a court extended his detention until June 15, citing a law enforcement official. Baek was arrested by Russian law enforcement earlier this year in the Russian Far East city
Foreign Affairs March 12, 2024
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Seoul shares open higher on tech, energy gains
South Korean stocks opened slightly higher Tuesday on gains in tech, energy and other blue chips. The benchmark Korea Composite Stock Price Index rose 5.99 points, or 0.23 percent, to 2,665.83 in the first 15 minutes of trading. Tech shares opened a tad higher, with No. 2 chipmaker SK hynix adding 0.12 percent and LG Electronics rising 1.15 percent. Energy and chemical shares went up, with leading refiner SK Innovation and top chemical maker LG Chem climbing 1.69 percent and 2.75 percent, respec
Market March 12, 2024
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Health minister voices deep regret over SNU medical professors' resignation decision
Health Minister Cho Kyoo-hong expressed deep concerns Tuesday over a decision by medical professors to resign unless there is a breakthrough in a prolonged walkout by trainee doctors, saying that such a collective action would pose a threat to the safety of patients. On Monday, medical school professors at Seoul National University resolved to submit resignations en masse next week if the government fails to present "a reasonable breakthrough" in the prolonged walkout. "The decisi
Social Affairs March 12, 2024
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US intel believes NK leader has no intentions of negotiating away nuclear program
North Korean leader Kim Jong-un "almost certainly" has no intentions of negotiating away his nuclear program and aims to use his defense ties with Russia to achieve acceptance as a nuclear state, a US intelligence report said Monday. The 2024 Annual Threat Assessment also noted that Kim will continue to pursue nuclear and conventional military capabilities that threaten the United States and its allies. "Kim almost certainly has no intentions of negotiating away his nuclear progra
North Korea March 12, 2024
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Civic group files complaint against Yoon over ex-minister's departure amid investigation
A civic group filed a complaint Monday against President Yoon Suk Yeol and two Cabinet ministers in connection with new Ambassador to Australia Lee Jong-sup's exit of the country despite an investigation in which he is a suspect. The civic group, known as the "National Action for Judicial Justice" in Korean, filed the complaint with the Corruption Investigation Office for High-ranking Officials, accusing them of abusing power and helping a suspect flee. Lee, who served as defense
Social Affairs March 11, 2024
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Yoon, Arkansas Gov. Sanders discuss strengthening S. Korea-US alliance
President Yoon Suk Yeol met with the governor of Arkansas, the United States, on Monday to discuss ways to strengthen the South Korea-US alliance. The meeting with Gov. Sarah Huckabee Sanders, former White House press secretary during the Donald Trump administration, took place at the presidential office. Sanders is visiting Seoul as part of a two-nation trade mission to South Korea and Japan. "Just like the 70-year-old South Korea-US alliance that is evolving into a comprehensive global pa
Politics March 11, 2024
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Science ministers of S. Korea, Britain discuss cooperation
The science ministers of South Korea and Britain had a virtual meeting Monday to discuss measures to strengthen bilateral cooperation in science technologies, Seoul's science ministry said. The meeting between South Korean Science Minister Lee Jong-ho and his British counterpart, Michelle Donelan, is a follow-up to the "Downing Street Accord" signed by South Korean President Yoon Suk Yeol and British Prime Minister Rishi Sunak last year, aiming to strengthen the two countries'
Social Affairs March 11, 2024
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Online community operator raided over alleged KMA order to blacklist non-participating doctors in walkout
Police on Monday raided the operator of an online community as part of its investigation into a purported Korea Medical Association document ordering the listing of trainee doctors who are not participating in the ongoing walkout. Investigators of the Seoul Metropolitan Police Agency searched Dcinside Co. in Seoul, days after a document purportedly from the KMA, the biggest doctors' association, was uploaded on the namesake online community with the seal of the KMA chairman. The document co
Social Affairs March 11, 2024
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Seoul shares close lower on profit-taking; won sharply up
South Korean stocks ended lower Monday to snap their two-day winning streak as investors locked in part of gains after a recent rally. The local currency rose sharply against the US dollar. The benchmark Korea Composite Stock Price Index fell 20.51 points, or 0.77 percent, to 2,659.84. Trade volume was moderate at 383 million shares worth 8.69 trillion won ($6.63 billion), with losers beating winners 517 to 353. Foreigners and institutions led the decline, dumping a net 107 billion won and 112.3
Market March 11, 2024
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License suspension notices sent to some 5,000 defiant trainee doctors
The health ministry said Monday it had sent prior notices of license suspension to some 5,000 trainee doctors who have defied an order to return to work, in protest of a plan to boost the number of medical students. Deputy Health Minister Jun Byung-wang told reporters that it completed sending the notices to 4,944 junior doctors last week. When receiving the notices, the doctors will be required to submit their opinions on punitive measures by March 25. With the government vowing to take legal a
Social Affairs March 11, 2024
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Exports fall 13.4% from March 1-10; chip sales jump over 20%
South Korea's exports fell more than 13 percent on-year in the first 10 days of March due mainly to fewer working days and weak demand for vehicles, but sales of semiconductors jumped more than 20 percent, data showed Monday. Outbound shipments reached $13.54 billion in the March 1-10 period, compared with $15.64 billion tallied a year earlier, according to the data from the Korea Customs Service. Per-day exports, however, gained 8.2 percent on-year to $2.26 billion. The number of working d
Economy March 11, 2024
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Health minister voices leniency for defiant trainee doctors
Health Minister Cho Kyoo-hong said Monday the government will take lenient measures if trainee doctors return to work before administrative procedures to suspend their licenses are completed, although they defied a deadline to avoid punitive steps. Cho made the remark as some 93 percent of the 13,000 junior doctors have been absent from their worksites for three weeks, in a prolonged labor action against the government's proposal to increase medical school enrollments by 2,000 next year. "A
Social Affairs March 11, 2024
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