Articles by Yonhap
Yonhap
Yonhap-
Yoon appoints new vice science ministers
President Yoon Suk Yeol on Friday appointed experienced bureaucrats as new vice science ministers, his office said. Lee Chang-yune, the secretary-general of the Presidential Advisory Council on Science & Technology, was appointed to replace Cho Seong-kyung as the first vice science minister in charge of science technology policies, the presidential office said. Kang Do-hyun, director of ICT policy at the science ministry, was appointed to replace Park Yun-kyu as the second vice science minis
Politics Feb. 23, 2024
-
SK bioscience's typhoid conjugate vaccine wins WHO prequalification certification
SK bioscience, a pharmaceutical affiliate under South Korea's SK Group, said Friday its typhoid conjugate vaccine has obtained prequalification certification from the World Health Organization. The vaccine, named SKYTyphoid, was jointly developed by the South Korean company and the International Vaccine Institute, with financial support from the Bill & Melinda Gates Foundation, according to SK bioscience. SKYTyphoid is SK bioscience's fourth vaccine product to receive PQ certificat
Industry Feb. 23, 2024
-
Seoul shares end higher for 2nd day on Nvidia earnings
South Korean stocks finished slightly higher Friday as foreign investors bet on local tech shares following AI chip giant Nvidia's strong earnings results. The Korean won lost against the US dollar. The benchmark Korea Composite Stock Price Index gained 3.43 points, or 0.13 percent, to close at 2,667.7, extending its winning streak to two straight sessions. Trade volume was moderate at 409.4 million shares worth 10.1 trillion won ($7.59 billion), with decliners beating gainers 514 to 341. F
Market Feb. 23, 2024
-
Seoul shares start higher on Wall Street rally
South Korean stocks got off to a strong start Friday following an overnight rally on Wall Street. The benchmark Korea Composite Stock Price Index gained 20.45 points, or 0.77 percent, to 2,684.72 in the first 15 minutes of trading. In the United States, Nvidia's surprising earnings result pushed up the indexes to new highs, as the S&P 500 jumped 2.11 percent and the Dow Jones Industrial Average rose 1.18 percent. The tech-heavy Nasdaq Composite also vaulted 2.96 percent. In Seoul, semic
Market Feb. 23, 2024
-
Ryu Hyun-jin determined to take Eagles to KBO postseason in return from MLB
Having returned home to begin another chapter in his illustrious career, South Korean pitcher Ryu Hyun-jin said Friday he will try to push his new team back to the postseason. Ryu reunited with the Hanwha Eagles in the Korea Baseball Organization by agreeing to an eight-year, 17 billion-won ($12.8 million) contract Thursday. By the total amount, Ryu is the highest-paid player in KBO history. Ryu first pitched for the Eagles from 2006 to 2012, before spending the next 11 years in Major League Bas
Baseball Feb. 23, 2024
-
US fighter jet drops fuel tanks into Yellow Sea in 'in-flight emergency'
A US F-16 fighter jet dropped two of its fuel tanks into waters off South Korea's west coast as it experienced an "in-flight emergency" before safely returning to base, a US Air Force unit said. The F-16 of the 8th Fighter Wing jettisoned the tanks into the Yellow Sea as it experienced the emergency at about 10 a.m. after taking off for a routine sortie from Kunsan Air Base in Gunsan, 178 kilometers south of Seoul, according to the unit. The pilot still managed to return safely to
Defense Feb. 22, 2024
-
S. Korean women lose to China in quarterfinals at table tennis worlds
The host country South Korea was eliminated in the quarterfinals of the women's tournament at the table tennis world championships Thursday, following a crushing loss to world No. 1 China. Boasting the world's top three-ranked female players, China shut down South Korea 3-0 in the quarterfinals at the International Table Tennis Federation (ITTF) World Team Table Tennis Championships in Busan. In the team tournament, each match is made up of up to five singles matches in a best-of-five
More Sports Feb. 22, 2024
-
Defense chief downplays concerns over US possibly taking softer stance on NK nukes
Defense Minister Shin Won-sik on Thursday downplayed concerns over the US potentially shifting to a softer stance on North Korea's nuclear program amid the possibility that former US President Donald Trump could win the November presidential election. Shin made the remark as a ruling party lawmaker raised concerns that calls for seeking a freeze of the North's nuclear program, instead of its denuclearization, could gain momentum in the US as Pyongyang pushes to advance its interconti
Defense Feb. 22, 2024
-
Thailand asks S. Korea to toughen K-ETA screening after denied entries of its people
Thailand asked South Korea on Thursday to toughen the pre-entry screening process for foreign visitors from visa-waiver countries, after a number of its citizens were denied entry into Korea and the incidents stirred public ire. Thailand made the request to the South Korean side during a director-general meeting on consular affairs between the foreign ministries, held earlier in the day, Seoul officials said. A number of Thais revealed through some online channels last year their experiences of
Foreign Affairs Feb. 22, 2024
-
Seoul shares end higher on strong chip stocks
South Korean stocks snapped a two-day losing streak Thursday on strong performance by chip heavyweights after Nvidia's better-than-expected fourth-quarter earnings. The local currency rose against the US dollar. The benchmark Korea Composite Stock Price Index gained 10.96 points, or 0.41 percent, to close at 2,664.27. Trade volume was moderate at 445.3 million shares worth 10.1 trillion won ($7.6 billion), with decliners beating gainers 509 to 348. Foreigners and institutions scooped up loc
Market Feb. 22, 2024
-
BOK extends key rate freeze to 1 year, maintains growth outlook at 2.1%
South Korea's central bank froze its key rate for the ninth straight session Thursday amid woes over slower-than-expected inflation moderation and high household debts and maintained its growth outlook for the year at 2.1 percent. In a widely expected decision, the monetary policy board of the Bank of Korea (BOK) kept its policy rate unchanged at 3.5 percent. The BOK has stood pat following rate freezes last February, April, May, July, August, October, November and January. The rate freezes
Economy Feb. 22, 2024
-
Subway operations delayed in Seoul due to heavy snowfall
Subway operations in Seoul suffered delays Thursday due to heavy snowfall. The overnight snowfall caused ice to form on railway tracks at a train depot at the eastern end of the Seoul Subway Line No. 5 in Godeok-dong, preventing trains from leaving the depot on time, officials at Seoul Metro said. That led to delays of about 25 minutes in operations on the No. 5 line, officials said. Delays were also reported on the No. 2 and No. 7 lines due to signal problems. According to the Korea Meteorologi
Social Affairs Feb. 22, 2024
-
Seoul shares open higher on strong Nvidia results
South Korean stocks started a tad higher Thursday as chipmakers traded in positive territory on a strong earnings report from Nvidia overnight. The benchmark Korea Composite Stock Price Index gained 8.21 points, or 0.31 percent, to 2,661.52 in the first 15 minutes of trading. Wall Street stocks were mixed last night as the US central bank's minutes hinted at slower interest rate cuts. The Dow Jones Industrial Average finished 0.1 percent higher, but the tech-rich Nasdaq Composite Index fell
Market Feb. 22, 2024
-
Russia apparently violating UNSC resolutions by giving NK leader luxury car: State Dept.
Russia appears to have violated UN Security Council resolutions if it had given North Korean leader Kim Jong-un a luxury car, a State Department spokesperson said Wednesday, noting the supply of transportation vehicles to the North is prohibited under the resolutions. The North's Korean Central News Agency reported Tuesday that Kim received a Russian-made luxury car from Russian President Vladimir Putin as a gift demonstrating the special bonds between them. Later, the Kremlin confirmed that the
Foreign Affairs Feb. 22, 2024
-
Football federation leaning toward hiring full-time men's coach despite tight schedule
South Korea's national football federation will likely appoint a full-time head coach to fill the vacancy at the men's national team instead of a temporary one as rumored, a senior executive in charge of the process said Wednesday. Chung Hae-sung, named the new head of the National Teams Committee at the Korea Football Association (KFA) on Tuesday, met with new members of his committee Wednesday to discuss the hiring of the new men's national team bench boss. The KFA fired the pre
Soccer Feb. 21, 2024
Most Popular
-
1
Contentious grain bill put directly to plenary meeting for vote
-
2
Yoon's approval rating plunges to all-time low
-
3
Will tug-of-war between doctors, government end soon?
-
4
Climate impacts set to cut 2050 global GDP by nearly a fifth
-
5
Trilateral talks acknowledge ‘serious’ slumps of won, yen
-
6
[KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs
-
7
North Korea removes streetlights along cross-border roads with South
-
8
Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official
-
9
Farming households dip below 1m for first time in 2023
-
10
S. Korea votes in favor of Palestinian bid for UN membership