Sejong Medical to raise 12.5 bln won via stock offering

SEOUL– Sejong Medical Co. on Monday announced that it will sell stocks to raise 12.5 billion won The proceeds from the stock sale will be used mainly to finance its…

Instant noodle exports hit new high in H1 amid pandemic

SEOUL– South Korea’s instant noodle exports touched an all-time high in the first half of the year amid the coronavirus pandemic, data showed Monday. Asia’s fourth-largest economy exported US$319.68 million…

N. Korea to hold national conference of war veterans to celebrate end of Korean War

SEOUL– North Korea plans to hold a national conference of war veterans to celebrate the 68th anniversary of the end of the 1950-53 Korean War, state media said Monday, despite…

S. Korean units of foreign auto trio suffer worst slump in over 2 decades

SEOUL– South Korean units of three foreign carmakers suffered the worst sales slump since 1998 in the first half of this year in the face of toughening competition with their…

Shooter to take final aim at record-breaking medal

TOKYO– Veteran South Korean pistol shooter Jin Jong-oh will take his one last shot at a medal to further bolster his Olympic legacy on Tuesday. He and teammate Choo Ga-eun…

New cases spiking outside Seoul; toughened distancing extended

SEOUL– South Korea’s daily new coronavirus cases fell below 1,400 Monday due to fewer tests over the weekend, but more cases continued to pop up outside the greater Seoul area…

Seoul stocks open lower amid COVID-19 concerns

SEOUL– South Korean stocks opened slightly lower Monday as investors remain cautious about the country’s resurgence of new coronavirus cases. The benchmark Korea Composite Stock Price Index (KOSPI) fell 2.02…

New cases spiking outside Seoul, toughened distancing extended

SEOUL– South Korea’s daily new coronavirus cases fell below 1,400 Monday due to fewer tests over the weekend, but more cases continued to pop up outside the greater Seoul area…

Fencer proud of work despite falling short in gold medal defense

CHIBA, Japan– South Korean fencer Park Sang-young came out of nowhere to snatch gold in the men’s epee event at the 2016 Olympics, capturing the imagination of his country. The…

S. Korea mulls sending only vaccinated troops on overseas missions

SEOUL– South Korea is considering deploying only vaccinated service members on overseas missions, the defense ministry said Monday, following a mass COVID-19 outbreak at the anti-piracy Cheonghae unit in waters…