President Yoon Suk Yeol on Tuesday granted wide-ranging special pardons to former President Lee Myung-bak and a series of high-profile politicians and former officials convicted of corruption and other irregularities during the previous administrations. Former South Gyeongsang Province Gov. Kim Kyoung-soo, a close confidant of former President Moon Jae-in, was also pardoned with about five … Read more
A man in his 30s, who was arrested over the weekend for allegedly murdering a taxi driver involved in a car crash, additionally confessed to killing his former girlfriend, police said Tuesday. The 32-year-old suspect living in Paju, just northwest of Seoul, stunned the local community on Sunday when police apprehended him on charges of … Read more
Another South Korean woman who was forced into sexual slavery by Japan during World War II has died, a civic group said Tuesday, reducing the total number of the country’s registered surviving victims to 10. Lee Ok-seon died at the age of 94 late Monday night, according to the House of Sharing, a facility in … Read more
The Seoul city government on Tuesday announced a list of 10 citizens who will join the city’s bell-tolling ceremony on New Year’s Eve, the first such in-person event in three years due to the COVID-19 pandemic. Cho Gue-sung, a member of the national football team who competed in the World Cup in Qatar, painter-actress Jung … Read more
South Korea said Tuesday it will make all-out efforts to win major overseas nuclear power plant projects and boost arms sales next year in a move to prop up declining exports and generate growth momentum. The goal — part of the industry ministry’s 2023 policy plan that President Yoon Suk Yeol was briefed on — … Read more
Seoul stocks closed higher for a second consecutive day on Tuesday on solid buying by foreign and institutional investors on hopes for China’s reopening, with eyes on the U.S. Federal Reserve’s next policy direction. The local currency rose against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) added 15.65 points, or 0.68 … Read more
North Korean drones’ infiltrations into South Korea’s airspace this week have demonstrated a new layer of complexity in its national security posture that has focused largely on the recalcitrant neighbor’s missile and nuclear threats rather than such small, hard-to-intercept flying objects, analysts said Tuesday. The South’s defense authorities were caught off guard by five unmanned … Read more
London, Dec. 27, 2022 (GLOBE NEWSWIRE) — The much-anticipated changes to St Kitts and Nevis’ Citizenship by Investment Programme have been announced today by the country’s recently appointed Citizenship by Investment Unit Head, Michael Martin. Setting a bold and new tone for the industry as a whole, St Kitts and Nevis is once again leading […]