S. Korean users plan to sue Facebook over leaked user data

SEOUL– A group of Facebook users in South Korea is pushing to sue the tech giant for passing users’ information to other companies without their consent, judicial sources said Monday.…

Gov’t task force investigating 1,566 people over alleged real estate crimes

SEOUL– A government probe team said Monday it has been investigating a total of 1,566 people in connection with various real estate crimes, about a month since its launch in…

New virus cases back under 600 on fewer tests; stable vaccine rollout in focus

SEOUL– South Korea’s daily new coronavirus cases fell back below 600 for the first time in six days Monday mainly due to fewer tests over the weekend amid concerns over…

Minor quake hits waters off S. Korea’s southwestern region: KMA

SEOUL– A 3.7 magnitude natural earthquake struck South Korea’s southwestern waters on Monday afternoon, with no damage expected, the weather agency said. The quake occurred at around 2:20 p.m. in…

FM: Seoul has no reason to object if Japan’s Fukushima water release follows IAEA standards

SEOUL– South Korea’s foreign minister said Monday his country has little reason to object to Japan’s plan to release radioactive water from the wrecked Fukushima nuclear plant into the sea…

Moon indicates some policy changes, seeking new start following election rout

SEOUL– President Moon Jae-in openly indicated Monday that he would make adjustments to some of his policies criticized by many people, as he is striving to win back public support…

1 in 3 young students felt suicidal due to academic burden: poll

SEOUL– Nearly one out of three middle and high school students in South Korea mulled suicide over the past year due to academic burden, a survey showed Monday. In a…

S. Korean Bond Yields on Apr. 19, 2021

Today (%) Previous Session(%) Change (BP) 1-year TB 0.651 0.657 -0.6 3-year TB 1.129 1.154 -2.5 10-year TB 1.981 2.023 -4.2 2-year MSB 0.914 0.927 -1.3 3-year CB (AA-) 1.914…

Seoul stocks up for 6th day amid hopes on strong earnings

SEOUL– South Korean stocks closed barely higher Monday, extending their gaining streak to a sixth session, helped by expectations of strong corporate earnings in the January-March season. The Korean won…

Ministry to provide 170 mln won worth of support to overseas Korean groups amid rising hate crimes

SEOUL– The foreign ministry said Monday it will provide 170 million won (US$152,000) worth of support to overseas Korean associations around the world to help them tackle rising hate crimes…