SEOUL– As South Korea’s captain Son Heung-min tries to work his way back from a facial surgery in time for the FIFA World Cup, his national team head coach Paulo Bento does not yet have a plan B in case of possible absence of his biggest offensive weapon. Son is recovering from surgery on … Read more
SEOUL– President Yoon Suk-yeol said Thursday that important national interests are at stake during presidential overseas trips, after his office decided to ban local TV station MBC’s reporters from boarding Air Force One to cover his upcoming trip to Southeast Asia. The presidential office informed MBC of the decision Wednesday, two days before Yoon … Read more
SEOUL– Inbiogen Co.on Thursday announced that it will sell stock to raise 12 billion won(US$8.7 million). The proceeds from the stock offering will be used primarily to pay off its debts. According to a regulatory filing, the company will issue some 14.23 million common shares at a price of 843 won per share. The … Read more
SEOUL– South Korean stocks traded lower Thursday on an overnight dip on Wall Street amid the U.S. midterm election results and a crash in cryptocurrencies. The Korean won fell against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) retreated 22.18 points, or 0.91 percent, to close at 2,402.23 points. Trading … Read more
Today (%) Previous Session(%) Change (BP) 1-year TB 3.905 3.911 -0.6 2-year TB 4.112 4.167 -5.5 3-year TB 4.033 4.086 -5.3 10-year TB 4.070 4.177 -10.7 2-year MSB 4.100 4.148 -4.8 3-year CB (AA-) 5.551 5.594 -4.3 91-day CD 3.970 3.970 0.0 Source: Yonhap News Agency
SEOUL– A request for a parliamentary probe into the Itaewon crowd crush was reported at a plenary session of the National Assembly on Thursday, kicking off a process to form a special committee to look into the government’s alleged mishandling of the tragedy. The head of the Proceedings Division of the National Assembly Secretariat … Read more
SEOUL– Gearing up for what should be his second and final FIFA World Cup appearance, veteran South Korean midfielder Jung Woo-young said Thursday he will try to stay focused on his own game instead of worrying about opponents. Jung, one of the mainstays in South Korea’s midfield corps over the past few years, is … Read more
SEOUL– The National Assembly on Thursday adopted a resolution condemning North Korea’s recent series of military provocations and calling on Pyongyang to stop preparations for its seventh nuclear test. The resolution passed the assembly’s plenary session with an endorsement of 190 out of 194 seated lawmakers. The remaining four were abstention votes. “North … Read more