DAEJEON, President Yoon Suk-yeol said Wednesday he will support the development of local governments so they can become key players on the world stage. Yoon made the remark at the opening of the United Cities and Local Governments (UCLG) World Congress held at the Daejeon Convention Center in Daejeon, 140 kilometers south of Seoul. … Read more
SEOUL, The main opposition Democratic Party (DP) on Wednesday filed a complaint against officials of the Board of Audit and Inspection (BAI), accusing them of working with the presidential office to launch politically motivated inspections. DP officials filed the complaint with the Corruption Investigation Office for High-ranking Officials against BAI Secretary-General Ryou Byeong-ho and … Read more
SEOUL, South Korea’s new COVID-19 cases jumped to over 30,000 on Wednesday on increased tests following the extended weekend, though daily infections have been on a downward trend. The country reported 30,535 new COVID-19 infections, including 70 from overseas, bringing the total caseload to 25,025,749, the Korea Disease Control and Prevention Agency (KDCA) said. … Read more
SEOUL, South Korea’s new COVID-19 cases jumped to over 30,000 on Wednesday on increased tests following the extended weekend, though daily infections have been on a downward trend. The country reported 30,535 new COVID-19 infections, including 70 from overseas, bringing the total caseload to 25,025,749, the Korea Disease Control and Prevention Agency (KDCA) said. … Read more
SEJONG, South Korea on Wednesday discussed ways to boost cooperation with Australia on supply chains of such key minerals as lithium and nickel in a move to better respond to the U.S.’ Inflation Reduction Act (IRA), the industry ministry here said. South Korea has been working hard to explore new suppliers of major minerals … Read more
SEOUL, Hyundai Motor Group said Wednesday it will invest 18 trillion won (US$13 billion) to apply an advanced software program to all of its vehicles and offer its customers regular software updating services. The South Korean carmaker has decided to make the massive software investment to launch most of its new vehicles as “software … Read more
SEOUL, South Korea’s bourse operator on Wednesday decided to allow scandal-ridden bio firm Sillajen Inc. to resume its stock trading after a 2 1/2-year suspension. Trading of shares in Sillajen will resume on the tech-laden KOSDAQ on Thursday, the Korea Exchange (KRX) said, after a review of the biotechnology company’s plan to improve its … Read more
SEOUL, SK hynix Inc., the world’s second-largest memory chip maker, said Wednesday it has been temporarily exempted from the United States’ export control measures and is allowed to continue normal production activities in China for one year. The U.S. Department of Commerce allowed the chipmaker and its business partners to “engage in activities necessary … Read more