Shares of Doosan Heavy plunge on reports of new share sale
SEOUL– Shares of Doosan Heavy Industries Co. tumbled Monday after it announced its plan to sell new shares to raise 1.5 trillion won (US$1.25 billion) last week. Shares of Doosan…
November 29, 2021
At-home virus treatment, booster shots for under-50s eyed amid bed shortage, soaring cases
SEOUL– At-home treatment for COVID-19 will be promoted while virus patients in serious condition are hospitalized, as the bed shortage is deepening amid spiking cases, health authorities said Monday. The…
S. Korea hopes for progress in Iran nuclear negotiations
SEOUL– South Korea on Monday welcomed the resumption of negotiations on reviving the 2015 Iran nuclear deal and expressed hope for “substantive progress,” amid the ongoing diplomatic rows over Teheran’s…
Arrest warrant sought for ex-lawmaker in connection with development scandal
SEOUL– Prosecutors sought an arrest warrant for a former opposition lawmaker on charges of accepting bribes in the form of severance pay for his son from an asset firm at…
Gov’t to launch winter season fine dust management program next month
SEOUL– The government announced Monday it will launch a seasonal fine dust management program next month as part of efforts to reduce air pollution during winter, when dust levels are…
Seoul stocks down for 5th day amid virus woes
SEOUL– South Korean stocks ended down for the fifth straight session on Monday as investors remained worried over the impact of the emergence of the omicron variant of the coronavirus…