SEOUL– A major South Korean trade association said Friday it is considering filing a compensation suit against striking truckers over the mounting losses and damage the walkout has caused in the cement and steel industries. The Korea International Trade Association (KITA) said it is “actively looking into” the option, as the strike, now into … Read more
SEOUL– The National Assembly missed the legal deadline Friday to handle the government’s budget proposal for next year, as rival parties refused to budge in their standoff over the budget plan and a dismissal motion against the interior minister over the deadly crowd crush in Seoul. Friday is the legal deadline for lawmakers to … Read more
SEOUL– The ruling People Power Party (PPP) on Friday slammed former President Moon Jae-in for criticizing the prosecution’s ongoing investigation into the 2020 death of a South Korean fisheries official at the hands of North Korea. The tit for tat by the PPP floor leader Joo Ho-young came a day after Moon expressed “deep … Read more
SEOUL– President Yoon Suk-yeol met with John Hamre, the president of the Center for Strategic International Studies (CSIS), on Friday and discussed issues ranging from South Korea-U.S. relations to North Korea’s provocations, his office said. During their meeting at the presidential office, Yoon complimented the U.S. think tank for its trailblazing role in advancing … Read more
TORONTO, Dec. 02, 2022 (GLOBE NEWSWIRE) — Leading diversified professional services and investment management firm Colliers (NASDAQ and TSX: CIGI) has completed its previously announced acquisition of a controlling interest in Pangea Property Partners (“Pangea”), a leading capital markets advisor in Sweden and Norway. Pangea becomes Colliers’ new company-owned operation in Norway and will merge […]
BRUSSELS, Belgium, Dec. 02, 2022 (GLOBE NEWSWIRE) — The annual Leonardo’s appointment in Brussels is renewed, with the top management of the aerospace industry giant and of the European institutions gathered in the historic Solvay Library. The event, dedicated to the theme “The path towards European Defence between global challenges and technological sovereignty,” was attended […]
SEOUL– South Korea on Friday confirmed two more avian influenza cases at duck farms south of Seoul, raising to 29 the total number of cases that have been reported at local poultry farms since this autumn. The cases of a highly pathogenic avian influenza strain of H5N1 were found at duck farms located in … Read more
SEOUL– Prosecutors on Friday demanded five years in prison and a fine of 12 million won (US$9,225) for former Justice Minister Cho Kuk, who stands accused of academic irregularities involving his children and interference with an inspection into a corruption case. Cho was indicted in December 2019 for fabricating documents to help his children … Read more