SEOUL– More than 117,000 people paid their respects at mourning altars set up across Seoul for the victims of the Halloween crowd crush that killed at least 156 people in the city’s nightlife district of Itaewon, city government officials said Sunday. A total of 117,619 people visited the altars set up at Seoul Plaza … Read more
SEOUL– One railway worker was killed and another injured after being struck by a cargo train in Uiwang, just southwest of Seoul, officials said Sunday. The accident occurred at 8:20 p.m. Saturday at Obong Station in Uiwang, killing the 33-year-old employee of Korea Railroad Corp. (KORAIL), the operator of railway services, they said. Another … Read more
SEOUL– South Korea’s antitrust regulator said Sunday it has decided to slap fines of 580 million won (US$407,000) on a chemical arm of the country’s top steelmaker POSCO for unfairly interfering in the management of its subcontractors. The penalty on POSCO Chemical Co. came after the company forced 19 subcontractors to hire its employees … Read more
SEOUL– SK On, a South Korean car battery maker, said Sunday it has signed a deal to purchase lithium from Chilean firm SQM in its import diversification strategy. Under the deal, SQM will supply a total of 57,000 tons of lithium to SK On for five years starting 2023. The amount is enough to … Read more
SEOUL, Nov. 6 (Yonhap — A police squad first arrived at the scene of the Halloween crowd crush in Seoul nearly 85 minutes after the incident erupted, police data showed Sunday. A total of five police squads affiliated with the Seoul Metropolitan Police Agency (SMPA) were mobilized on the day of the crowd crush … Read more
SEOUL– South Korea’s gross domestic product (GDP) growth may fall below 2 percent next year due to the impact of high interest rates, high inflation and a weak won on its economy, experts said Sunday. Private-sector economists said they find few upside factors that will keep the country’s economic growth at the rate of … Read more
SEOUL– The South Korean baseball club LG Twins on Sunday announced their hiring of veteran skipper and executive Youm Kyoung-youb as new manager. The announcement comes two days after the Korea Baseball Organization (KBO) team had decided not to bring back manager Ryu Ji-hyun after two straight years of early postseason elimination. Youm, … Read more
SEOUL– With the teams sitting at two wins apiece, it will be a rematch of the homegrown aces in the pivotal fifth game of the South Korean baseball championship round on Monday. The SSG Landers will bring back left-hander Kim Kwang-hyun to start Game 5 of the Korean Series, beginning at 6:30 p.m. Monday … Read more