Inflation growth to top 5 pct for some time: finance minister
SEOUL-- South Korea's inflation growth is expected to exceed 5 percent for a certain period of time due to upward price pressure caused by soaring energy costs and the economic…
May 27, 2022
More investors file complaints against Terraform co-founders
SEOUL-- A second group of investors in Terraform Labs' troubled cryptocurrencies filed complaints Friday against its co-founders on charges of fraud.The company's coins, TerraUSD and Luna, crashed earlier this month,…
Yoon defends proposed creation of personnel vetting unit under justice ministry
SEOUL-- President Yoon Suk-yeol defended the proposed creation of a personnel vetting unit under the justice ministry Friday, saying it isn't the job of the presidential office to dig up…
DP internal feuds deepen ahead of local elections
SEOUL-- Feuds inside of the main opposition Democratic Party (DP) appeared to deepen Friday after a young interim co-head refused to attend a campaign stop, claiming her reform agenda had…
Military reports 1,024 more COVID-19 cases
SEOUL-- South Korea's military reported 1,024 additional COVID-19 cases Thursday, raising the total caseload among its service members to 157,227, the defense ministry said.Of the new cases, 796 are from…
S. Korea’s new COVID-19 cases below 20,000 as pandemic slows down
SEOUL-- South Korea reported fewer than 20,000 COVID-19 cases Thursday as the rapid spread of the omicron variant is under control.The country added 18,816 new infections, including 34 cases from…