Military reports 58 COVID-19 cases from Army unit
SEOUL– South Korea’s military said Wednesday an Army unit in Gangwon Province reported 58 COVID-19 cases, sparking concerns over the further spread of the virus among military personnel. The new…
December 2021
OECD ups 2022 growth outlook for S. Korean economy to 3 pct
SEOUL– The Organization for Economic Cooperation and Development (OECD) on Wednesday revised up its 2022 growth outlook for the South Korean economy to 3 percent, citing robust exports and a…
S. Korea reports 1st cases of omicron variant
SEOUL– South Korea confirmed its first cases of omicron variant infection on Wednesday, adding to concerns the new virus strain could exacerbate the pandemic as the country grapples with a…
Moon says S. Korea-U.S. alliance ‘linchpin’ of Northeast Asian peace
SEOUL– President Moon Jae-in stressed Wednesday that the alliance between South Korea and the United States serves as a key pillar in maintaining peace and stability of the Korean Peninsula…
Pentagon chief stresses unity in S. Korea-U.S. alliance amid Sino-U.S. rivalry
SEOUL– U.S. Defense Secretary Lloyd Austin on Wednesday stressed the importance of unity in the South Korea-U.S. alliance to confront the “challenges of tomorrow” amid an intensifying Sino-U.S. rivalry. Austin…
Kakao to acquire live commerce firm Grip for 180 bln won: sources
SEOUL– Kakao Corp. will acquire a majority stake of live commerce startup firm Grip Co., according to sources Wednesday. The South Korean tech giant plans to acquire a 48 percent…