SEOUL– Foreigner ownership of South Korean stocks hit a 13-year low this month, the bourse operator said Sunday, as demand for riskier assets declined amid the Federal Reserve’s aggressive rate hikes.Foreign investors held 606.2 trillion won (US$464 b…
SEOUL– President Yoon Suk-yeol on Sunday renewed his determination to create a nation where those who sacrificed themselves for the country are properly honored, a day before Liberation Day, celebrating the Korean Peninsula’s liberation from Japan’s 1…
SEOUL– The deaths from heavy rains stood at 14 and the number of people registered missing rose to six from four as two more people were reported missing in the central region, officials said Sunday.Of the dead, eight died in Seoul, four in the surrou…
SEOUL– Prime Minister Han Duck-soo on Sunday called for a preemptive response to minimize damage caused by heavy rains, as weather officials warn of more downpours in the coming days.Han told a disaster response meeting that the central and local gove…
SEOUL– Rep. Lee Jae-myung, former presidential candidate of the main opposition Democratic Party (DP), won the central Chungcheong provinces in an ongoing race for the new party leadership Sunday.Lee secured more than 70 percent of the vote in polls c…
Russian President Vladimir Putin told North Korean leader Kim Jong Un the two countries will “expand the comprehensive and constructive bilateral relations with common efforts,” Pyongyang’s state media reported Monday.In a letter to Kim for Korea’s lib…
SEOUL– South Korea’s military reported 1,288 additional COVID-19 cases Sunday, raising the total caseload among its service members to 238,393, the defense ministry said.The new cases included 834 from the Army, 198 from the Air Force, 90 from the Nav…
SEOUL– South Korea’s new COVID-19 cases dropped for the fourth straight day Sunday, but the number of seriously ill patients hit an over three-month high amid the fast spread of a highly contagious omicron subvariant.The country added 119,603 new COVI…