ANSAN, South Korea– An employee of the scandal-ridden state housing developer Korea Land & Housing Corp. (LH) was acquitted Tuesday of land speculation using insider information. The LH employee was indicted on charges of having purchased about 17,000 square meters of land in Gwangmyeong, just south of Seoul, at 2.5 billion won (US$2.1 million) … Read more
SEOUL– Song Hye-kyo, the star of “Descendants of the Sun,” turns 40 this month but is still highly sought after for female leads in romance dramas. To the delight of many fans of Korean romance dramas, she will return to the small screen this week with a new title of the same genre after … Read more
SEOUL– South Korea hosted an event promoting efforts to respond to climate change as the chair country of P4G on the sidelines of a major U.N. climate conference, Seoul’s foreign ministry said Tuesday. The event was held in South Korea’s promotional booth on Monday (local time) at the venue for the 26th U.N. Climate … Read more
SEOUL– South Korea’s military reported seven additional COVID-19 cases Tuesday, bringing the total caseload among its personnel to 2,088, the defense ministry said. Among the new cases were five Army conscripts, including two stationed in Yeoncheon, 62 kilometers north of Seoul. An Army officer based in Jangseong, 308 kilometers south of Seoul, tested … Read more
SEOUL– Lee Jae-myung, the presidential candidate of the ruling Democratic Party (DP), canceled his campaign activities on Tuesday after his wife was hospitalized for injuries sustained in a fall, his party said. The former Gyeonggi governor had been scheduled to hold meetings with firefighters and young people on virtual assets and attend a convention … Read more
DAEGU– The second round of the ongoing South Korean baseball postseason presents an ultimate managerial mismatch. On one end is Kim Tae-hyoung of the Doosan Bears, who has been in the postseason every year since taking the helm in 2015 and has won three Korean Series titles in that span. His counterpart for the … Read more
SEOUL– Unionized truck drivers affiliated with the mighty Korean Public Service and Transport Workers’ Union (KPTU) threatened Tuesday to stage a general strike late this month over rising transport costs, which have been aggravated by the nationwide shortage of urea water solution. The Cargo Truckers Solidarity (CTS) said that its members will launch their … Read more
SEOUL– South Korea’s Hyundai Motor Group on Tuesday unveiled the name of its U.S.-based urban air mobility (UAM) subsidiary as it seeks to make a presence in the U.S. future mobility solutions market. The Washington D.C.-headquartered UAM company named ‘Supernal’ will establish a research and development facility in California next year, the company said … Read more