SEOUL– The upcoming ban on private gatherings of three or more people in the greater Seoul area is driving owners of restaurants, bars, cafes and many other small businesses into utter despair.On Friday, the government announced a decision to put the …
SEOUL– South Korea’s leading steelmaker POSCO estimated Friday its second-quarter operating profit hit the highest point in 15 years on robust demand amid a global economic recovery from the COVID-19 pandemic.Operating profit for the April-June quarte…
SEOUL– Hyundai Motor Co. said Friday it will suspend one of its seven domestic plants for four weeks to prepare for the production of an electric vehicle.Hyundai plans to halt the Asan plant from Tuesday until Aug. 6 to upgrade the facilities before i…
Today (%) Previous Session(%) Change (BP)1-year TB 0.857 0.866 -0.92-year TB 1.200 1.208 -0.83-year TB 1.375 1.358 +1.710-year TB 2.033 2.002 +3.12-year MSB 1.188 1.191 -0.33-year CB (AA-) 1.874 1.865 +0.991-day CD 0.680 0.690 -1.0Source: Yonhap News A…
SEOUL– A group of women’s rights organizations on Friday staged a rally in protest of campaign pledges by two opposition presidential contenders to abolish the gender equality ministry.Activists from three women’s rights groups — Korea Women’s Politi…
SEOUL– South Korean stocks slumped for the third day in a row Friday as the country decided to impose a semi-lockdown in the greater Seoul area, a hotbed for the recent spike in the new coronavirus, to rein in the fast spreading COVID-19. The Korean w…
SEOUL– When director Banjong Pisanthanakun saw the South Korean action thriller “The Chaser” (2008) directed by Na Hong-jin at an art festival in Bangkok about five years ago, he became a big fan of the Korean filmmaker.In a meeting with Na after the …
SEOUL– Superband BTS on Friday unveiled its much-awaited new song “Permission to Dance,” the act’s second collaboration with British singer-songwriter Ed Sheeran.The pop-disco track, co-written with Sheeran as well as high-profile producers, like Stev…