SEOUL– Prime Minister Han Duck-soo on Tuesday held an emergency meeting with relevant ministers to check the nation’s welfare systems over the recent apparent suicides of a mother and her two daughters, Han’s office said.The mother, who was in her 60s…
Read MoreDay: August 23, 2022
State auditors to launch inspections into nuclear phase-out policy
SEOUL– The Board of Audit and Inspection (BAI) decided Tuesday to conduct an audit into the nuclear phase-out policy of the previous Moon Jae-in administration, officials said.The agency also plans to look into whether the government properly handled …
Read MoreRussian military aircraft enter Korea’s air defense zone without prior notice: S. Korean military
SEOUL– Russian military aircraft entered South Korea’s air defense identification zone (KADIZ) without notice Tuesday, prompting the Air Force to scramble fighters to the scene, Seoul’s Joint Chiefs of Staff (JCS) said.The JCS did not provide details,…
Read MoreS. Korea warns against speculative bets amid won’s sharp fall
SEOUL– South Korea’s foreign exchange authorities on Tuesday warned against speculative bets in the currency market, issuing a verbal warning aimed at stemming the local currency’s sharp weakness.But despite the warning, the local currency fell below …
Read MoreWife of ex-DP presidential candidate questioned by police over corporate credit card allegations
SUWON, South Korea– The wife of former ruling party presidential candidate Lee Jae-myung was grilled by police Tuesday about allegations related to her personal use of a provincial government corporate credit card years ago.Kim Hye-kyung left the Gyeo…
Read MoreUnionized truckers to partially halt strike at Hite Jinro’s headquarters
SEOUL– Unionized truck drivers working for Hite Jinro Co. said Tuesday they will partially dismiss their sit-in strike at the headquarters of the country’s leading brewer and distiller.The unionists have been staging the walkout on the rooftop and lob…
Read MoreKBO to scrap two-game series in 2023
SEOUL– The South Korean professional baseball league announced Tuesday it will scrap late-season two-game series starting in 2023, citing the need to reduce traveling and protect players.The Korea Baseball Organization (KBO) has been scheduling two-ga…
Read MoreTajikistan increases imports of cars in 1H2022
BAKU, Azerbaijan- Tajikistan increased imports of cars in the first half of 2022, Trend reports with reference to the Customs Service of Tajikistan.According to the statistical data, the value of Tajikistan’s car imports from January through June 2022 …
Read MoreS. Korea’s exports to China rise over 160 times in 30 years
SEOUL– South Korea’s exports to China have increased more than 160 times since they set up diplomatic ties 30 years ago, much higher than the growth rate of Seoul’s overall overseas shipments, data showed Tuesday.South Korea’s exports to China came to…
Read MoreSeoul shares open lower on worries over Fed’s tightening; won further down
SEOUL– South Korea’s stock market opened lower Tuesday as foreigners and retailers unloaded shares following overnight losses amid concerns over the Federal Reserve’s monetary tightening. The Korean won continued to lose ground against the U.S. dollar…
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